"Computer Trading(automatic)" vs "Human Trading(manual)"
Neosky
(Neosky)
Membre depuis Jan 15, 2013
3 messages
Mar 21 2013 at 14:51
Hi All, I would like to know your suggestion and opinion about 2 topics
(1) 'computer trading(algorithm)' fighting with 'human trading(manual)', Do you know which one will be the winner in the next 20 years ?
(2) 'Hedge fund' and 'Investment banking' use 'human trading' or 'computer trading' ? and why they do that ?
Thanks in advance
(1) 'computer trading(algorithm)' fighting with 'human trading(manual)', Do you know which one will be the winner in the next 20 years ?
(2) 'Hedge fund' and 'Investment banking' use 'human trading' or 'computer trading' ? and why they do that ?
Thanks in advance
AndyQuant
Membre depuis Sep 26, 2012
23 messages
Mar 21 2013 at 19:03
I, as an informatic engineer, strongly believe that algo trading is utmost succesful in the long term.Surely Human brain is far more flexible than a program, incredibly fast in information processing but dominated by feelings, stress, and more important... fatigue.
By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense...
By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense...
Gary Sharp myfxpt com
(myfxpt)
Membre depuis Aug 06, 2011
345 messages
Mar 21 2013 at 23:19
AndyQuant posted:
I, as an informatic engineer, strongly believe that algo trading is utmost succesful in the long term.Surely Human brain is far more flexible than a program, incredibly fast in information processing but dominated by feelings, stress, and more important... fatigue.
By now the most powerful firms invest in server farm and HFT, rather than skillful traders, makes sense...
Good point. There is definitely an argument for automation in terms of controlling emotions and fatigue, and for doing the spontaneous number crunching associated with money management. The problem with 100% automation is that it just keeps 'automating' regardless of current market dynamics, and that can produce dangerous results. Today's aircraft can take-off, cruise to destination, and land safely all on auto-pilot, but if something goes wrong it is nice to know that there is a human up front to take control. Of course, not much point if the person up front does not know how to fly!
ForexGuru.US
(dxnation)
Membre depuis Feb 19, 2011
61 messages
Mar 21 2013 at 23:44
@Neosky
Autotrading is something that every investor / trader wants to utilize to maximize their benefits. There are many traders developing their own EA systems for autotrading, some are successful some not.
But it has never achieved results on a consistent basis. If you scan through automated trading systems on this portal, you will see huge results and would also come across huge losses as well.
As @myfxpt suggested, it good to have a auto pilot mode, but when things go wrong there should be an intelligent trader to take control of the situation.
Autotrading is something that every investor / trader wants to utilize to maximize their benefits. There are many traders developing their own EA systems for autotrading, some are successful some not.
But it has never achieved results on a consistent basis. If you scan through automated trading systems on this portal, you will see huge results and would also come across huge losses as well.
As @myfxpt suggested, it good to have a auto pilot mode, but when things go wrong there should be an intelligent trader to take control of the situation.
Be among the very successful Forex Account Managers.
MAGNYTI Ltd.
(MAGNYTI)
Membre depuis Feb 11, 2013
3 messages
Mar 22 2013 at 08:19
Successful robust Algos with sustainable long-term profitability are created by people with absolute 100% commitment and dedication to a hard work and continuous improvements only.
NOTE: it’s always a team-work, one “brainer” alone will never succeed in this field.
Sufficient funding usually expedite the results substantially. Investor' patience is a plus.
NOTE: it’s always a team-work, one “brainer” alone will never succeed in this field.
Sufficient funding usually expedite the results substantially. Investor' patience is a plus.
Neosky
(Neosky)
Membre depuis Jan 15, 2013
3 messages
Mar 23 2013 at 12:46
Oh, wow. I stuck between 'algorithm trading' and 'human trading' more than 1.5 years.
After reading your suggestion, I understand my weakness and I understand myself better now. Your suggestion are very helpful to me.
Really appreciate your suggestion 😄
After reading your suggestion, I understand my weakness and I understand myself better now. Your suggestion are very helpful to me.
Really appreciate your suggestion 😄
MAGNYTI Ltd.
(MAGNYTI)
Membre depuis Feb 11, 2013
3 messages
Mar 25 2013 at 19:54
Are you kidding me, there is NONE specific advice so far, just some general highlights..
If you need detailed information and more usefull tips - visit this topic _https://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&discussionID=225627405&gid=1813979&commentID=127028616&trk=view_disc&ut=1-AAtDDtCQY5E1
If you need detailed information and more usefull tips - visit this topic _https://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&discussionID=225627405&gid=1813979&commentID=127028616&trk=view_disc&ut=1-AAtDDtCQY5E1
SDTrading1
Membre depuis Mar 21, 2013
5 messages
Mar 27 2013 at 18:11
I am hoping there will still be a place for the human trader....Working on system development just in case there is not.
Patience of a crocodile, discipline of a soldier
FXRX
Membre depuis Mar 01, 2013
70 messages
May 05 2013 at 06:50
I think hybrid trading is the future of trading. I think trading along side of an EA gives you the best of both worlds.
You win some, you lose some.