There are 3 modes on how RoboRay can be operated:
1. Manual Input
RoboRay subscribers receives a notification of screened trading opportunity result from RoboRay proprietary screener via email and SMS (please ensure SMS notification is enabled & phone number is configured in the platform).
a. How to set phone number
b. How to enable SMS notifications
The opportunity can be inputted into any brokerage account of choice.
2. Automated
RoboRay subscribers can allocate a Virtual Machine from the platform and install an AutoInvest software to connect his Interactive Brokers account to RoboRay. After setting the trading parameters, AutoInvest will automatically trade based on this configured parameter.
3. Semi-automated
RoboRay can still be used in mixed mode trading (AutoInvest-assisted trading plus own trading input unrelated to RoboRay on top of that) within the same IB account, however any stocks present for trades inputted unrelated to RoboRay trades have to be added into Robot Settings > Advanced > 3F list to prevent conflicting trades:
Therefore, separating the IB account (mode 1 or 2 above) is better for 3 reasons:
- To avoid mixing up own trades and RoboRay trades
- To avoid mixing up capital balance between own trades and RoboRay trades
- To get a clear performance comparison with RoboRay model account
Please also note that trading in AutoInvestDesktop is only supported for S&P 500 stocks.
Disclaimer:
Any materials presented in this help center are provided to you for informational purposes on the technical aspects of the software solution only and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort given or endorsed by Piranha Profits Pte Ltd. Piranha Profits Pte Ltd also provides no guarantee that such information and publications are accurate, up to date or applicable to the circumstances of any particular case.