You can automate a complex and discretionary system by adding random() function calls.
And make sure you're using a TRNG!!!
Manual trading and profitable?
- Thread starter Tradess0610
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And make sure you're using a TRNG!!!
There are times a trader shouldn't trade. It depends on the system.
Likewise there is code you shouldn't code.
A trader may for example have a system with multiple moving averages and crossovers and maybe a bit of EW and Gann added in.
Well that's like trying to code what a monkey will do next in a circus.
This because markets don't operate that way, you are coding something which has random outcomes.
I'll add another example, virtusa mentions in a post how it took him years to get to where he is with some coding and briefly mentions what appears to be gibberish of how his system operates. For those who don't understand deeply how markets operate, it is gibberish, others know exactly what he's talking about as they operate something similar themselves.
I've read most of his posts and it's not gibberish to me...
From what I understand the system isn't automated either, but a semi-discretionary system.
Maybe he'll have something to add on the subject.
Yes, a fully automated system may work when scalping a single instrument in seconds, but for multi instruments and long time frames semi discretionary would be my choice.
Fully discretionary, I think is way too laborious.
What instruments do you trade-----eurusd
What strategy do you employ-------Fib retracement's, pattern recognition via manual trading
How did you reach consistency------By stopping listening to the so called Gurus and developing my own strategy.
What do you believe is your edge over algorithmic trading--Never ventured into algorithmic trading
What strategy do you employ-------Fib retracement's, pattern recognition via manual trading
How did you reach consistency------By stopping listening to the so called Gurus and developing my own strategy.
What do you believe is your edge over algorithmic trading--Never ventured into algorithmic trading
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I guess it could potentially work but I figure there just absolutely have to be scalability problems. How can a human keep up with an augmented human in this day and age?
Unless I take a ton of time to think about my trading and then codify it I:
- don't feel comfortable because I'm afraid of my own bias
- end up losing...partially due to the above
May I ask, why do you think not? Because of emotions?
Do you trade an algorithm now that you coded yourself?