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Is everyone on here using automated systems or trading for themselves?

TradingNicNom
Jul 03 2020 at 22:11
4 posts
I see so many people using automated trading systems then talking as if they know what they're talking about?

I'm a new trader but it doesn't make sense to me to speak as if you know what you're talking about with regards to trading strategies when their strategy is to rely on an AI?

rickyb
Jul 04 2020 at 01:39
83 posts
good question;has been talked about on many forums for years.auto verses manual trading.good arguments for both. sides.auto wins in the end; because you cant watch market all the time.and any system that relies on human intervention should be able to made in to rules.yes there are times some of your auto trades you make look dumb.rules are rules .this is a simple answer to complex question.manual trades should be for long term trades only.

rickyb
Jul 04 2020 at 01:44
83 posts
most people here use auto from what i have seen.

TradingNicNom
Jul 04 2020 at 06:35
4 posts
onewayefx (onewayefx)
Jul 04 2020 at 06:42
1 posts
themselves but a lot of signal providers the one i use is really good

marco_mmbiz
Jul 04 2020 at 12:45
364 posts
I only trade for myself. I don't use any automated systems yet.
But yeah, a lot of traders are no actual traders; they're more like investors (but mostly stupid ones who think they can make money fast and easy with a robot). lol

patience is the key
Andronn
Jul 05 2020 at 03:20
82 posts
I very rarely use an automatic system.

SegunFx
Jul 05 2020 at 10:01
1 posts
Use what work for you provided you are in a profit at the long run but make it clear that you are using Auto or human and stop advising if you are not trading your self

Carrysimonds
Jul 08 2020 at 12:20
8 posts
I prefer manual trading as I have much time to devote to trading. Automated trading is also a good option. Traders who are occupied somewhere else and cannot devote much time in trading usually go for automated trading.

Pr3ttii
Jul 08 2020 at 18:52
4 posts
I do the best of both worlds and as you can see on my profile I've quintupled my account in less than 10 trading days. $1000 to over $5000 now and going.

Show me an automated system that can do that kind of returns and you won't be able to.

You have to utilize EVERY tool in your toolbox. Your brain, your data, your robots to make money. That way you make MORE money. Why limit yourself to automated only or manual only? Use EVERY tool at your disposal.

Here's a secret tip: do your own statistics and track your own trades. Based on that, make changes to become profitable.

Day after day the market will pay
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