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Robotic Trading VS Manual Trading
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DPG1968

Member Since Dec 07, 2017  4 posts DPG1968 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.

biggeorge977@
BonkersBit

Member Since Nov 30, 2017  10 posts BonkersBit Jan 17 at 14:40
Nothing wrong with that. People do it all the time. Ever heard of an investment manager?

DPG1968

Member Since Dec 07, 2017  4 posts DPG1968 Jan 18 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

biggeorge977@
togr

Member Since Feb 22, 2011  3411 posts vontogr (togr) Jan 18 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

I like what I trade, I trade what I like
Josephius

Member Since Dec 22, 2017  4 posts Josephius Jan 18 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.

DPG1968

Member Since Dec 07, 2017  4 posts DPG1968 19 Hours ago
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?

biggeorge977@
togr

Member Since Feb 22, 2011  3411 posts vontogr (togr) 18 Hours ago
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? :)

I like what I trade, I trade what I like
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