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Robotic Trading VS Manual Trading
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holdend

Member Since Mar 14, 2016  41 posts Duncan (holdend) Nov 22 2016 at 11:19
FxMasterGuru posted:
nerves made of titanium enforced steel...


Yeah, that should be the next Terminator I think wink

hjacob

Member Since Jan 31, 2017  30 posts hjacob Feb 07 2017 at 09:55
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.

togr

Member Since Feb 22, 2011  3591 posts vontogr (togr) Feb 07 2017 at 10:41
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.


EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.

I like what I trade, I trade what I like
BaldoN

Member Since Feb 12, 2016  462 posts Baldo (BaldoN) Feb 08 2017 at 07:50
togr posted:
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.


EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.


I agree with this, but the complete trade experience cannot be programmed or EA to take individual decision when the market changes.
Anyway, the both way of trading: manual or via EA could be successful :)

togr

Member Since Feb 22, 2011  3591 posts vontogr (togr) Feb 08 2017 at 08:45
BaldoN posted:
togr posted:
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.


EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.


I agree with this, but the complete trade experience cannot be programmed or EA to take individual decision when the market changes.
Anyway, the both way of trading: manual or via EA could be successful :)


@BaldoN
Well what is complete trade experience? Please elaborate.
Either you have trading plan which you execute or you should avoid trading.
If you have trading plan it could be converted to algo and executed more precisely and faster by EA.

I like what I trade, I trade what I like
hjacob

Member Since Jan 31, 2017  30 posts hjacob Feb 08 2017 at 13:09
togr posted:
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.


EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.


I agree that with the help of EA's your trading become consistent and it is also free from emotions, greed and sickness. But what about the major fundamental events? At that time EA's can also go against your positions if required changes are not made, so here the human involvement comes in. And for that person needs to have knowledge of the event to occur.

darrengreg

Member Since Feb 02, 2017  27 posts darren (darrengreg) Feb 08 2017 at 13:10
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.



I totally agree with you. Both manual and robotic trading has its own pros and cons. Hybrid trading platform is generally more beneficial. We can use robots to help us earn more profits but sometimes when situation demands human intelligence, manual trading is a good option.

theHand

Member Since Sep 20, 2014  360 posts theHand Feb 08 2017 at 13:21
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?


togr

Member Since Feb 22, 2011  3591 posts vontogr (togr) Feb 08 2017 at 14:42 (edited Feb 08 2017 at 14:42 )
theHand posted:
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?



@theHand
While I support robotic trading I dont support such bold statements like yours without any proof.
Home / theHand's page
Systems
This user doesn't share any systems currently.

I like what I trade, I trade what I like
FxMasterGuru

Member Since May 04, 2012  1583 posts FxMasterGuru (FxMasterGuru) Feb 08 2017 at 15:19 (edited Feb 08 2017 at 15:19 )
togr posted:
theHand posted:
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?



@theHand
While I support robotic trading I dont support such bold statements like yours without any proof.
Home / theHand's page
Systems
This user doesn't share any systems currently.


@togr

We all know what the response will be: 'I don't have to prove anything to anybody.'

But actually - according to the 'unwritten rules' of MyFxBook - EVERY STATEMENT SHOULD BE PROVABLE, otherwise it is an empty phrase.

@theHand
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Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
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