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Robotic Trading VS Manual Trading

vontogr (togr)
Jan 22 2018 at 12:41
4862 posts
BluePanther posted:
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.


Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results

Matt (BluePanther)
Jan 22 2018 at 16:35
1354 posts
togr posted:
Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


I have yet to see your point proven. I assumed such, but since 2008 found no EA that could equal human intellect and adaptation.

An EA has no discretion. So for example, if a Black Swan Event was to occur (eg. Brexit, GU Fat Finger Error, Swiss Franc depeg, etc.) then a human would be able to use their intellect to take advantage, or use their discretion to minimise their risk (avoid trading).

An EA cannot adapt or account for fundamental information: I have seen some 'mechanical trading systems' (and quite good ones I should think) automated, yet with self-control I think a human could execute the plan better. A good example would be 'Tokyo GBPUSD EA', which is based upon set rules that have been automated. A professional trader can do a better job that that EA!

But I respect your opinion. Perhaps you have automated your own system and it does a better job than a professional human trader?

vontogr (togr)
Jan 24 2018 at 06:06
4862 posts
BluePanther posted:
togr posted:
Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


I have yet to see your point proven. I assumed such, but since 2008 found no EA that could equal human intellect and adaptation.

An EA has no discretion. So for example, if a Black Swan Event was to occur (eg. Brexit, GU Fat Finger Error, Swiss Franc depeg, etc.) then a human would be able to use their intellect to take advantage, or use their discretion to minimise their risk (avoid trading).

An EA cannot adapt or account for fundamental information: I have seen some 'mechanical trading systems' (and quite good ones I should think) automated, yet with self-control I think a human could execute the plan better. A good example would be 'Tokyo GBPUSD EA', which is based upon set rules that have been automated. A professional trader can do a better job that that EA!

But I respect your opinion. Perhaps you have automated your own system and it does a better job than a professional human trader?


Show me your best manual account
I will show you my best robotic account

Norm_XXI
Jan 25 2018 at 07:09
207 posts
In fact even a robotic account can be strongly afected by human interference!

vontogr (togr)
Jan 25 2018 at 09:11
4862 posts
Norm_XXI posted:
In fact even a robotic account can be strongly afected by human interference!


than it is humaninterference
it is like trading manually
so in FACT it does have nothing in common with robotic trading just HUMAN emotions

Joseph (Josephius)
Jan 25 2018 at 12:39
17 posts
togr posted:
BluePanther posted:
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.


Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


Thank you, for advice. But it is easier for me to trade manually.


Joseph (Josephius)
Jan 25 2018 at 13:51
17 posts
BluePanther posted:
togr posted:
Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


I have yet to see your point proven. I assumed such, but since 2008 found no EA that could equal human intellect and adaptation.

An EA has no discretion. So for example, if a Black Swan Event was to occur (eg. Brexit, GU Fat Finger Error, Swiss Franc depeg, etc.) then a human would be able to use their intellect to take advantage, or use their discretion to minimise their risk (avoid trading).

An EA cannot adapt or account for fundamental information: I have seen some 'mechanical trading systems' (and quite good ones I should think) automated, yet with self-control I think a human could execute the plan better. A good example would be 'Tokyo GBPUSD EA', which is based upon set rules that have been automated. A professional trader can do a better job that that EA!

But I respect your opinion. Perhaps you have automated your own system and it does a better job than a professional human trader?


Thank you for expressed my thoughts. I also think that the human intellect is better than EA.

vontogr (togr)
Jan 26 2018 at 13:13
4862 posts
Josephius posted:
BluePanther posted:
togr posted:
Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


I have yet to see your point proven. I assumed such, but since 2008 found no EA that could equal human intellect and adaptation.

An EA has no discretion. So for example, if a Black Swan Event was to occur (eg. Brexit, GU Fat Finger Error, Swiss Franc depeg, etc.) then a human would be able to use their intellect to take advantage, or use their discretion to minimise their risk (avoid trading).

An EA cannot adapt or account for fundamental information: I have seen some 'mechanical trading systems' (and quite good ones I should think) automated, yet with self-control I think a human could execute the plan better. A good example would be 'Tokyo GBPUSD EA', which is based upon set rules that have been automated. A professional trader can do a better job that that EA!

But I respect your opinion. Perhaps you have automated your own system and it does a better job than a professional human trader?


Thank you for expressed my thoughts. I also think that the human intellect is better than EA.


it is not about seeking ea
it is very simple
it is about having trading plan which works for you
you execute such plan manually and you are successful
if you create robot to execute such trading plan automatically you will get even better results.
Point.

vontogr (togr)
Jan 26 2018 at 13:22
4862 posts
Josephius posted:
togr posted:
BluePanther posted:
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.


Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


Thank you, for advice. But it is easier for me to trade manually.



Sure it is easier to do nothing

Forex Cyborg (forexcyborg)
Jan 26 2018 at 13:26
27 posts
Josephius posted:
BluePanther posted:
togr posted:
Just to be clear
 Dont buy someone else EA
Take your trading plan you are executing manually and program or make it someone program into EA
This way you can only improve your results


I have yet to see your point proven. I assumed such, but since 2008 found no EA that could equal human intellect and adaptation.

An EA has no discretion. So for example, if a Black Swan Event was to occur (eg. Brexit, GU Fat Finger Error, Swiss Franc depeg, etc.) then a human would be able to use their intellect to take advantage, or use their discretion to minimise their risk (avoid trading).

An EA cannot adapt or account for fundamental information: I have seen some 'mechanical trading systems' (and quite good ones I should think) automated, yet with self-control I think a human could execute the plan better. A good example would be 'Tokyo GBPUSD EA', which is based upon set rules that have been automated. A professional trader can do a better job that that EA!

But I respect your opinion. Perhaps you have automated your own system and it does a better job than a professional human trader?


Thank you for expressed my thoughts. I also think that the human intellect is better than EA.


Human intellect is better than a EA, but it is hard to take into trading only the intellect.
Feelings will affect your manual trading.
I believe in automated trading. No feelings and you can back test it + improve it step by step.

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