CORE sample bots are a great resource for traders to familiarize themselves with one of the core options trading strategies and how they can be automated through Option Alpha.
This CORE Long Equity beginner bot buys 1 share of stock in SPY and wth a $20 per share profit target and $5 per share stop loss.
- Symbol Traded: SPY
- Position Size: 1 Share
- Positions allowed to open per day: 1
- Total positions allowed to be open: 1
- Exit Conditions: $5 Loss, $20 Profit per share
This is a beginner bot, as you learn more about autotrading, consider making two clones of this bot. You could leave one clone unchanged to learn from and observe while modifying the other clone to customize its settings and decision recipes to fit your trading style.