A computer readable medium is configured with instructions for causing a
first computer system connected to a computer system of stock exchange
market via a data communication network to automatically place a series
of stock trade orders. The first computer system can include, for
instance, a user computer, a brokerage computer, or both. An automated
system for systematically and repeatedly placing stock trade orders based
on predetermined conditions is also provided. In general, the automated
system or computer system running the software operates by receiving and
storing an automatic stock trading condition. A stock trading order can
be placed immediately following a previously contracted order, or when a
stock market status satisfies the preset stock trading condition. The
first computer system preferably receives user input including basic
information such as an item code of the stock and an account number of a
stockholder. Automatic trade condition information can also be input into
the first computer system by the user or a broker and preferably provides
information for determining a desired selling price and quantity and/or a
desired purchasing price and quantity for trading of the stock. Market
data, preferably including the stock price is received into the first
computer system via the data communication network, such as from the
stock exchange market computer system. The first computer system can then
determine whether a stock purchase or sale condition generated using the
automatic trade condition information has been met and place a stock
purchase or sale order via the data communication network when the stock
purchase or sale condition is met. This system can systematically repeat
the process using the automatic trade condition information as a guide
for trading. The process can be repeated continuously or can be stopped
when a predetermined condition is satisfied.