The stock market is a dynamic, opportunity-rich environment, but navigating its complexities, especially while balancing a busy life, can feel overwhelming. The promise of automated trading—having a dedicated, intelligent assistant execute trades 24/7—is immensely appealing.

Welcome to StockHero, a powerful automated stock trading platform designed to make this promise a reality for everyone. We eliminate the guesswork and technical barriers, allowing you to trade stocks like a pro without being glued to your screen. or having to go through the steep learning curve of programming know-how.

If you’re new to the world of stock trading bots, the terminology and settings might look intimidating at first glance. But don’t worry. StockHero is built on the philosophy of Users First, ensuring powerful capabilities are presented in a user-friendly way. For beginners, getting started is as simple as accessing our Strategy Marketplace and deploying a preset stock trading bot in minutes.

This guide will walk you through the essential settings and concepts you’ll encounter when launching your first StockHero bot, helping you skip the learning curve and start trading intelligently.

1. The Easiest Entry Point: The Strategy Marketplace

Before diving into complex settings, understand that StockHero offers an easy starting point — the Strategy Marketplace.

Choose Strategy. Allocate Funds. Run Bot.

The Strategy Marketplace is your source for preset strategies that have already been configured and tested by experienced traders. Many of these strategies have performed consistently with a high win rate—with their results based on actual live trades.

 

What to Look for in the Strategy Marketplace:

  • Strategy Type: Bots are labeled by their underlying strategy. Look for common, defined approaches:
  • Some examples are:
    • Market Neutral Strategy: Aims to perform regardless of whether the broader market goes up or down.
    • Momentum Strategies: Designed to trade from the spread in multi-day swings. 
    • Scalping Strategy / High Frequency Trading: Designed for rapid, small profits, best for day traders.
  • Performance Metrics: Review the historical win rate before deploying.
  • Deployment: Once you’ve selected a strategy from the Marketplace, simply choose your trading symbol, allocate your funds, and deploy your bot. The bot handles the trading for you – no coding and no software installation needed.

For busy executives and beginners, the Strategy Marketplace offers the most straightforward way to begin your automated trading journey. It enables your bot to monitor the markets and execute trades automatically, helping you experience the full potential of automated trading.

2. Essential Settings for Any Trading Bot

Whether you deploy a bot with preset strategies or eventually create your own strategy, there are a few core settings you need to understand. These settings form the basis of the stock trading bot’s logic and risk management.

A. Capital Allocation & Risk Management

This is perhaps the most crucial starting point for any trader. StockHero provides robust Risk Management features to protect your capital.

  • Fund Allocation Per Bot: This setting dictates the maximum amount of capital a specific bot is allowed to use from your linked brokerage account. This feature allows you to compartmentalize your risk. For example, you might allocate only $500 to a new, experimental bot, while allocating $5,000 to a proven stock trading bot.
  • Stop-Loss: A fundamental risk management tool. You set a specific percentage or price point below the purchase price where the bot will automatically sell the position to prevent further losses. Example: If you buy a stock at $100 and set a 5% stop-loss, the bot will sell if the price drops to $95.
  • Take Profits: This is the profit-taking mechanism. You set a target percentage or price point where the bot will automatically sell to lock in gains. Example: If you buy at $100 and set a 10% take-profit, the bot sells at $110.

B. Entry and Exit Logic (The Strategy)

These settings define when the Trading Bot buys and when it sells. This section is applicable for users who are keen to create their own automated stock trading strategies.

  • Entry Indicators (The Buy Signal): The stock trading bot needs a specific trigger to open a new position. For new users, a bot with a preset strategy will already have a robust signal built in, often relying on popular Technical Indicators.
    • Simple Example: The bot buys when a stock’s 50-day moving average crosses above its 200-day moving average (a simple “golden cross” strategy).
  • Trade Frequency: This is particularly important for Day Traders and scalping strategies. It defines how often the bot reads and evaluates real time market data. High frequency trades demand fast execution but are “noisier”, while low frequency trades much less often but present a clearer picture of the trend.
  • Daily Auto-Close Position: A useful feature for professional day traders. This ensures the bot liquidates any open position before the market closes for the day.

3. Build Confidence with Risk-Free Trading

StockHero understands that trust is earned. Before committing your real capital, every user—from beginners to experienced traders—is strongly encouraged to implement this process: Test. Evaluate. Setup.

Paper Trading

Our Paper Trading feature allows you to set up your stock trading bot and link it to StockHero’s internal Paper exchange. The bot reads live market data, executing trades exactly as it would with real money, but uses no real capital (uses the virtual paper funds). This is an invaluable sandbox where you can:

  • Test your chosen Marketplace bot to ensure you understand its behavior.
  • Evaluate your own custom strategies (if you are running your own strategy).
  • Monitor the  performance without financial risk.

Backtesting

StockHero’s powerful backtest facility allows for rigorous, rapid validation of a user proprietary strategy’s potential performance before it is deployed in the Paper exchange.

4. Support Every Step of the Way

You are never alone on your trading journey with StockHero.

  • AI ChatBot: Feeling lost or need a quick answer on a financial term? Talk to our AI ChatBot regarding any financial matters. It’s an instant resource to get a head start. For example, you can ask the AI ChatBot “Give me the PE ratio of the major listed semiconductor companies such as NVDA, MU, AVGO, etc.”
  • White-Glove Service: Beginners can engage with our White-Glove Service for a 1 to 1 personal walkthrough to ensure their first stock trading bot is deployed correctly and confidently.
  • User Focus: As validated by numerous customers’ testimonials, StockHero’s dedication to customer service is central to our mission to offer the best stock trading experience for our users.

StockHero provides a powerful, yet accessible, solution for automated stock trading. By leveraging the high-performant strategies in the Strategy Marketplace and utilizing the core risk management features like Stop-Loss and Fund Allocation, you can deploy a reliable stock trading bot today and start trading stocks like a pro. 

Trade with StockHero because it works!

 

Wrapping Up

StockHero fundamentally changes the landscape of stock market participation by making automated trading accessible to all. The days of needing deep technical knowledge to run a sophisticated strategy are over. By combining the immediate utility of the Strategy Marketplace with robust risk management tools like Stop-Loss and Fund Allocation, StockHero empowers beginners to deploy an effective stock trading bot in minutes. StockHero allows you to leverage powerful automation, providing you with a dedicated system to monitor markets and execute intelligent trades, regardless of your schedule. Start your automated trading journey today and begin trading with a professional edge.