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Robotic Trading VS Manual Trading

DPG1968
Dec 24 2017 at 09:44
24 posts
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.

BonkersBit
Jan 17 2018 at 14:40
10 posts
Nothing wrong with that. People do it all the time. Ever heard of an investment manager?

DPG1968
Jan 18 2018 at 06:49
24 posts
BonkersBit posted:
Nothing wrong with that. People do it all the time. Ever heard of an investment manager?


I did. I am one

togr (togr)
Jan 18 2018 at 11:48
4862 posts
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

Josephius (Josephius)
Jan 18 2018 at 15:22
17 posts
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
Jan 21 2018 at 06:57
24 posts
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?

togr (togr)
Jan 21 2018 at 07:28
4862 posts
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? :)

Josephius (Josephius)
Jan 22 2018 at 11:34
17 posts
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,)

Josephius (Josephius)
Jan 22 2018 at 11:35
17 posts
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 :/

BluePanther (BluePanther)
Jan 22 2018 at 11:47
1353 posts
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.

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