Edward O. Thorp on charting

I grossly underestimated the competition, and margins for error in this industry when I traded off charts. It wasn't until I started fragmenting the limited amount of ranges, and time, that I realized how hard it is to be consistent month-to-month.

Personally, I hope discretionary chart pattern trading, and line drawing methods never die. By the time those human eyes catch bias shifts and react to one instrument, my program will have the limit order in queue, or executed with OCO in place, and on multiple instruments.
sorry, no it won't.
 
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