Robotic Trading VS Manual Trading
Member Since Feb 22, 2011
4862 posts
May 09, 2017 at 14:19
Uforex posted:
Problem with EA trading is: Many brokers are bucket shops!
that has nothing to with algo trading ;)
Member Since Jan 25, 2010
1360 posts
May 10, 2017 at 02:50
I misread the Topic Title: 'Idiotic' Trading VS Manual Trading
Member Since Feb 22, 2011
4862 posts
May 10, 2017 at 06:49
Uforex posted:
It has ;-) Check att.
yes some brokers are bucket shops
but it has nothing to do with manual vs algo trading
forex_trader_367321
Member Since Oct 08, 2016
58 posts
May 12, 2017 at 19:02
my trading is now semi-automated, but it is my goal to fully automate everything.
my profile has been updated.
my profile has been updated.
Member Since Dec 19, 2017
1 posts
Dec 19, 2017 at 15:48
Robots nowadays use artificial intelligence and neural networks. So you will be able to maximize your profit.
forex_trader_480717
Member Since Dec 07, 2017
24 posts
Dec 24, 2017 at 09:44
It's all about how someone's trusting a third party to drive a part of his/her financial future.
Against his/her own self.
Against his/her own self.
Member Since Nov 30, 2017
12 posts
Jan 17, 2018 at 14:40
Nothing wrong with that. People do it all the time. Ever heard of an investment manager?
forex_trader_480717
Member Since Dec 07, 2017
24 posts
Jan 18, 2018 at 06:49
BonkersBit posted:
Nothing wrong with that. People do it all the time. Ever heard of an investment manager?
I did. I am one
Member Since Feb 22, 2011
4862 posts
Jan 18, 2018 at 11:48
SO called Robots are superior to manual trading
The cons is you have to program it an d run on server
The pros
- execute trades exactly according to trading plan
- faster than human
- without emotions
- 24/7
The cons is you have to program it an d run on server
The pros
- execute trades exactly according to trading plan
- faster than human
- without emotions
- 24/7
Jan 18, 2018 at 15:22
Trading robots has the right to be, but the problem for all robots is that they base their work on the past market movement. Therefore, I believe that no matter how perfect the robot is. He needs constant supervision and constant adjustment or reconfiguration. If I spend time tuning it, it does not help me to earn money quickly (it will only help if I develop it and sell it to other people) and I just lose time. So it's better to trade yourself and create your own strategy than to use the machine. My subjective opinion.
forex_trader_480717
Member Since Dec 07, 2017
24 posts
Jan 21, 2018 at 06:57
Josephius posted:
Trading robots has the right to be, but the problem for all robots is that they base their work on the past market movement. Therefore, I believe that no matter how perfect the robot is. He needs constant supervision and constant adjustment or reconfiguration. If I spend time tuning it, it does not help me to earn money quickly (it will only help if I develop it and sell it to other people) and I just lose time. So it's better to trade yourself and create your own strategy than to use the machine. My subjective opinion.
Dear Josephius,
Where do you base your work if not on past market movement? The future is unknown for all of us (expect for the 'big boys' which they handle big order flows) and the present is now. So how do you make your own trading strategies?
Member Since Feb 22, 2011
4862 posts
Jan 21, 2018 at 07:28
Josephius posted:
Trading robots has the right to be, but the problem for all robots is that they base their work on the past market movement. Therefore, I believe that no matter how perfect the robot is. He needs constant supervision and constant adjustment or reconfiguration. If I spend time tuning it, it does not help me to earn money quickly (it will only help if I develop it and sell it to other people) and I just lose time. So it's better to trade yourself and create your own strategy than to use the machine. My subjective opinion.
That is not true,
I run robot with the same settings for years...
Moreover
...all robots is that they base their work on the past market movement...
And what is your manual trading based on, on future market moves? :)
Jan 22, 2018 at 11:34
DPG1968 posted:
Dear Josephius,
Where do you base your work if not on past market movement? The future is unknown for all of us (expect for the 'big boys' which they handle big order flows) and the present is now. So how do you make your own trading strategies?
I just do not believe in robots.Yes, my mistake, thank you for noticing. And yes you are right that all strategies are based on the past market movement. And they need to be improved as well as robots. But at least you do not get on the fraud, while you are looking for a normal robot. I was less fortunate than those who found normal robot from the first time. And I spent money on similar frauds. And it's funny that you noticed only the first sentence,)
Jan 22, 2018 at 11:35
togr posted:
That is not true,
I run robot with the same settings for years...
Moreover
...all robots is that they base their work on the past market movement...
And what is your manual trading based on, on future market moves? :)
Yes, you're lucky. For years you trade on one robot without changes your robot kind of deus ex machina :D And I wrote above that I was wrong. Of course, my strategies are also based on the past. I just do not believe in trading robots. And as i say above, it's my subjective opinion :/
Member Since Jan 25, 2010
1360 posts
Jan 22, 2018 at 11:47
Josephius posted:togr posted:
That is not true,
I run robot with the same settings for years...
Moreover
...all robots is that they base their work on the past market movement...
And what is your manual trading based on, on future market moves? :)
Yes, you're lucky. For years you trade on one robot without changes your robot kind of deus ex machina :D And I wrote above that I was wrong. Of course, my strategies are also based on the past. I just do not believe in trading robots. And as i say above, it's my subjective opinion :/
Since 2008 I have finally learnt trading manually is much better than with EA.
For obvious reasons, the good EAs are not available. Only crap EAs are on the market.
So if you want to make money, manual trading is the way to go.
Unless you have half a million dollars to buy a private super-exclusive 'profitable' (I mean >30% pm) EA.
