Although our automated trading system does not appear to be hugely successful when trading the Nasdaq opening gap at the moment, our trading results are starting to reveal a potentially profitable edge that could be exploited by our system.

We have been concentrating on trading index futures with mnGapAutotrader, publishing live trading results every day. We thought we’d try the system with Crude Oil futures today.

This post will be updated regularly with the trading results achieved in October 2010 by automated trading strategy that automatically trades the opening gap.

This post will be updated regularly with the trading results achieved in September 2010 by automated trading strategy that automatically trades the opening gap.

This post will be updated regularly with the trading results achieved in August 2010 by our which automatically trades the opening gap.

July has been a very profitable month for mnGapAutotrader, our automated trading system that fades the opening gap.

mnGapAutotrader, our automated trading system that fades the opening gap with index futures, achieved spectacular results today.

If there is a good example of the benefits of using an automated trading system to trade the opening gap, the performance with Dow futures (YM) today is it.

The latest version of mnGapAutotrader, which fades the opening gap is in final beta test at the moment, however its more flexible stop loss management saved the day with index futures today.

As with any trading system – automated, or manual, trade management and risk control play a large part in determining profitability over time. mnGapAutotrader has been enhanced with better stop loss management, as we explain in this post.