Automated Trading
The Automated Trading Platform That Works While You Don’t
Big investors stopped clicking buy and sell by hand years ago. Tallyholden brings that same automation to everyday Australians: you set the rules, the AI does the watching and trading, and you can switch it off with one click.
- Fully automated or signal mode
- Your rules and limits on every trade
- A one click kill switch
- Start from AU$250
The Basics
What Is An Automated Trading Platform?
An automated trading platform is software that opens, manages and closes trades for you, based on rules you set. You decide the conditions, such as how much to risk and which markets to trade.
The platform then watches the market and places trades automatically when those conditions are met, without you needing to click.
The Options
Types Of Automated Trading, Compared
| How They Compare | Rule Based Bot Or EA | Copy Trading | AI Automated Trading (Tallyholden) |
|---|---|---|---|
| How Trades Are Chosen | Fixed if this, then that rules | Copies another trader | Machine learning reads live data |
| Adapts To The Market | No, the rules stay the same | Depends on the trader | Yes, it adjusts as conditions change |
| Skill Needed | Setup, sometimes coding | Picking the right trader | Low, with guided setup |
| Your Control | Edit the code or the settings | Limited | Full risk settings and a kill switch |
| Main Risk | Rules stop working | The trader has a bad run | No AI is right every time |
Every type carries risk, and none of them can promise a result.
The Lifecycle
What Happens During An Automated Trade
Every automated trade follows the same path, from your rules to your dashboard.
- 01
You Set The Rules
Markets, risk per trade, daily limits and trading hours.
- 02
The AI Finds A Setup
It scans prices, trends and news across your chosen markets.
- 03
The Trade Opens
Only if it passes every one of your rules.
- 04
The Trade Is Managed
A stop loss and a take profit are set as the trade opens.
- 05
The Trade Closes And Is Logged
Every result appears on your dashboard, with the reason it was opened.
The Settings
Your Automation, Your Rules
Automation does not mean giving up control. These are the settings you can adjust at any time.
| Setting | What It Controls | Example |
|---|---|---|
| Risk Per Trade | How much of your balance each trade can risk | A small share of your balance |
| Daily Loss Limit | Pauses trading if losses hit a set amount | An amount you choose in advance |
| Max Open Trades | How many trades can run at once | A number you set, even just one |
| Markets | Which assets the AI can trade | Gold and AUD/USD, for example |
| Trading Hours | When automation is active | Overnight, or whenever suits you |
| Kill Switch | Stops all automated trading instantly | One click |
You can change any of these at any time, and nothing trades outside them.
Safeguards
Built In Safeguards On Every Account
One Click Kill Switch
Stop all automated trading instantly, from your first day.
Automatic Pause
Trading stops on its own when your daily loss limit is reached.
Full Trade Log
See what the AI did and why, so nothing happens in a black box.
Honesty
Automated Trading, Pros And Cons
| Pros | Cons |
|---|---|
| Trades 24/7 without you watching | Losses can happen while you’re away |
| Removes fear and greed from decisions | Needs sensible settings to work well |
| Reacts in seconds | Sudden news can still cause slippage |
| Follows your rules every time | Past results don’t guarantee future returns |
| Saves hours each week | Not a set and forget money machine |
Fit Check
Is Automated Trading Right For You?
It can suit one person and be a poor fit for the next. Both are worth knowing before you deposit.
You Have Little Time
The engine can do the watching for you.
You Struggle To Stick To A Plan
Automation applies your rules without wobbling.
You Want Overnight Coverage
Markets keep moving while you sleep.
You Will Start Small
AU$250 is enough to begin, and reviewing weekly is the right pace.
Not For You If The Money Matters
Never deposit money you need for anything else.
Not For You If You Want Fixed Returns
Nothing here can promise a set result.
Not For You If You Never Check In
A weekly look at your dashboard is still part of it.
Mistakes
5 Automated Trading Mistakes To Avoid
Treating It As Set And Forget
Check your dashboard at least once a week.
Using Too Much Leverage
Start low and increase only with experience.
Skipping The Daily Limit
Always set a loss limit before you switch automation on.
Watching Too Many Markets At Once
Start with one to three markets you understand.
Believing Guaranteed Profit Bots
Any system promising fixed returns is a red flag.
The Rules
Is Automated Trading Legal In Australia?
Yes. Automated and algorithmic trading is legal in Australia, and it is widely used. That does not make every platform a good one.
Before you deposit, look at how a platform explains its fees, its risks and its controls. Walk away from anything that promises guaranteed profits, and never trade with money you can’t afford to lose.
Frequently Asked Questions
It can be, but profit is never guaranteed. Automation helps you trade with discipline and speed, but results depend on market conditions and your settings.
The best one for you gives you full risk controls and a kill switch, shows its fees clearly, offers real support and never promises guaranteed profits.
Yes. AU$250 is the minimum deposit on Tallyholden. Use a small risk per trade so your balance can handle normal ups and downs.
They’re closely related. Algorithmic trading uses computer rules to place trades. Automated trading is the wider term, and AI trading adds machine learning so the rules can adapt.
Crypto can be traded 24/7. Forex, gold and indices trade around 24 hours on weekdays. You can also limit automation to set hours.
Yes. Use the kill switch to stop all automated trading at once, or switch to Signal mode to approve each trade yourself.
Switch On Automated Trading In 3 Steps
Register free in 2 minutes. Fund your account from AU$250. Then set your rules, switch on Automated mode and let the AI work.