"Computer Trading(automatic)" vs "Human Trading(manual)"

Mar 21, 2013 at 14:51
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17 Replies
Membro Desde Jan 15, 2013   3 postagens
Mar 21, 2013 at 14:51
Hi All, I would like to know your suggestion and opinion about 2 topics

(1) 'computer trading(algorithm)' fighting with 'human trading(manual)', Do you know which one will be the winner in the next 20 years ?

(2) 'Hedge fund' and 'Investment banking' use 'human trading' or 'computer trading' ? and why they do that ?

Thanks in advance

Membro Desde Sep 26, 2012   23 postagens
Mar 21, 2013 at 19:03
I, as an informatic engineer, strongly believe that algo trading is utmost succesful in the long term.Surely Human brain is far more flexible than a program, incredibly fast in information processing but dominated by feelings, stress, and more important... fatigue.
By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense...
myfxpt
forex_trader_43716
Membro Desde Aug 06, 2011   345 postagens
Mar 21, 2013 at 23:19
AndyQuant posted:
I, as an informatic engineer, strongly believe that algo trading is utmost succesful in the long term.Surely Human brain is far more flexible than a program, incredibly fast in information processing but dominated by feelings, stress, and more important... fatigue.
By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense...

Good point. There is definitely an argument for automation in terms of controlling emotions and fatigue, and for doing the spontaneous number crunching associated with money management. The problem with 100% automation is that it just keeps 'automating' regardless of current market dynamics, and that can produce dangerous results. Today's aircraft can take-off, cruise to destination, and land safely all on auto-pilot, but if something goes wrong it is nice to know that there is a human up front to take control. Of course, not much point if the person up front does not know how to fly!
Membro Desde Feb 19, 2011   61 postagens
Mar 21, 2013 at 23:44
@Neosky

Autotrading is something that every investor / trader wants to utilize to maximize their benefits. There are many traders developing their own EA systems for autotrading, some are successful some not.

But it has never achieved results on a consistent basis. If you scan through automated trading systems on this portal, you will see huge results and would also come across huge losses as well.

As @myfxpt suggested, it good to have a auto pilot mode, but when things go wrong there should be an intelligent trader to take control of the situation.

Be among the very successful Forex Account Managers.
Membro Desde Feb 11, 2013   3 postagens
Mar 22, 2013 at 08:19
Successful robust Algos with sustainable long-term profitability are created by people with absolute 100% commitment and dedication to a hard work and continuous improvements only.
NOTE: it’s always a team-work, one “brainer” alone will never succeed in this field.
Sufficient funding usually expedite the results substantially. Investor' patience is a plus.
Membro Desde Jan 15, 2013   3 postagens
Mar 23, 2013 at 12:46
Oh, wow. I stuck between 'algorithm trading' and 'human trading' more than 1.5 years.

After reading your suggestion, I understand my weakness and I understand myself better now. Your suggestion are very helpful to me.

Really appreciate your suggestion 😄
Membro Desde Feb 11, 2013   3 postagens
Mar 25, 2013 at 19:54
Are you kidding me, there is NONE specific advice so far, just some general highlights..
If you need detailed information and more usefull tips - visit this topic _https://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&discussionID=225627405&gid=1813979&commentID=127028616&trk=view_disc&ut=1-AAtDDtCQY5E1
Membro Desde Mar 21, 2013   5 postagens
Mar 27, 2013 at 18:11
I am hoping there will still be a place for the human trader....Working on system development just in case there is not.
Patience of a crocodile, discipline of a soldier
Membro Desde Mar 01, 2013   70 postagens
May 05, 2013 at 06:50
I think hybrid trading is the future of trading. I think trading along side of an EA gives you the best of both worlds.
You win some, you lose some.
Membro Desde Jun 09, 2011   26 postagens
May 07, 2013 at 23:44 (editado há May 07, 2013 at 23:46)
Human traders work will offen have more profit wirh a lower count of trades.
But human traders needs an excellent knowhow.

A machine trader with an intelligent algorithmus works 5/24 and never needs a holiday session ;-)

My machine algo works fine with 64 currency pairs at the same time, and have an autooptimizing process includet.
Up to 500 trades at the same time, and up to 1500 trades a day.
Sometimes i think, its a commission machine ;-)

You can see at the account with JFD as extension in my test book.
All the accounts use the same algo-trader.
https://myfxbook/members/JoeDorman
This EA isnt for sell !
Please dont ask for them.
Wir schlage den ForexMillioaer
Membro Desde Feb 17, 2010   9 postagens
May 08, 2013 at 11:38
i think best of the best still human trading. based on my almost 7 years trading forex. here my manual trading on contest. no ea. https://www.myfxbook.com/members/sniperfx/only-tl/563711😁
Membro Desde Mar 01, 2013   70 postagens
May 09, 2013 at 05:31
Nice results Rizki... too bad the account is a demo...
You win some, you lose some.
Membro Desde Sep 26, 2012   23 postagens
May 11, 2013 at 08:29
FXRX posted:
Nice results Rizki... too bad the account is a demo...
Luckily it was demo,it is busted out :F
Membro Desde Mar 01, 2013   70 postagens
May 13, 2013 at 06:01
Ouch!
You win some, you lose some.
Membro Desde Feb 22, 2011   4862 postagens
May 13, 2013 at 06:59
Automatic systems work well. You just need to find out your Holy Grail.
This one started on APR 2012 and doubled since the deposit.
Yes it is a demo that's why it ended as demo accounts are limited.
https://www.myfxbook.com/members/togr/experimental/305682
Membro Desde Mar 12, 2012   16 postagens
May 13, 2013 at 09:56
You should always trade manually for at least a year. That forces you to learn your system inside out and get used to the market movements. Automation is good, but many will still stop the automated system when they are unable to take the drawdowns - any automation is ultimately still controlled by manual intervention.
The trend is your friend!
Membro Desde Feb 22, 2011   4862 postagens
May 13, 2013 at 10:37
Well you must realize I am running like 50 systems, while still going to my dayily job.
To find what strategy is best I actually have to use automation as nobody can trade 50 systems manually.
Membro Desde Mar 03, 2013   321 postagens
May 22, 2013 at 13:16
manually ´s the best.....
Geht Nich Gibt´s Nich
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