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Posts by
JaceMilo
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Algo Important?
in
General
Oct 21, 2024 at 10:30
Automating trades helps speed up execution and reduces emotional decisions, which is a plus. However, it's not a foolproof strategy. While it keeps things consistent, markets can still be unpredictable, so human oversight is important for adjusting to unexpected situations. It’s useful but not a complete solution.
"What’s your biggest challenge in risk management?
in
General
Oct 21, 2024 at 10:28
Absolutely! Position sizing walks the fine line between too much being stressful and too little being not worth doing at all. Applying risk-reward ratios when the market is going ape-crazy? That's next-level discipline! It is quite a balancing act, but once you get the juice flowing, it starts to feel a bit more organic. Continue tweaking until you get your rhythm!
AI Forex Trading
in
General
Oct 21, 2024 at 10:26
I get where you're coming from, but AI in trading isn’t all sunshine and rainbows. It can help automate decisions, sure, but it’s not a magic bullet. Markets are unpredictable, and AI can still struggle with unexpected events or black swan moments. Plus, relying too much on it can lead to overconfidence.
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