If you are able or pay someone to automate your strategies. No need for the human interface and its emotional issues any longer. Good luck! Surf
Please Help.. Please
- Thread starter mrnate22
- Start date
If you are able or pay someone to automate your strategies. No need for the human interface and its emotional issues any longer. Good luck! Surf
Quote from NoDoji:
Please post the studies so we can better determine how many down moves is appropriate before buying and how many up moves for shorting.
So the chart shows a little over 1% change cross two charts (15hours maybe).
This "drift" is there to see and we get to judge the significance of the "pushes" too.
LOL.....its beta check time.
You are fooling round with MS and he isn't going to catch on......
Hind sight is always 20/ 20.
Start trading algorithmic, also known as rule-based trading or mechanical trading.
You have a clear set of rules written down in your strategy plan that covers everything from position sizing, entry and exit/stop and you just have to execute the plan as perfect as possible.
Automation has nothing to do with it, algorithmic trading can be manual or automatic.
You have a clear set of rules written down in your strategy plan that covers everything from position sizing, entry and exit/stop and you just have to execute the plan as perfect as possible.
Automation has nothing to do with it, algorithmic trading can be manual or automatic.
Huh? This doesn't make sense. Rule based trading has the exact same emotional component as discretionary trading. Ever hear of breaking the rules? It takes serious emotional control to follow rules in the heat of a trade. Whereas, automation removes the emotional aspect.
Not to mention even discretionary trading is rule based although the rules are internal.
Not quite.
When trading rule-based, it's a question of on/off - you either follow the rules exactly, or you don't. But you always KNOW if you are following the rules or not.
While there are also rules when trading discretionary, it's all about judgment, about interpreting the "internal" rules. The problem here is that your emotions can (most likely will) color your judgment, without you even knowing it.
You just can never be sure if your emotions fucked up your trading or your "internal" rules are not working. This is what makes discretionary trading so extremely difficult.
Intuitive discretionary trading--- while some claim to be able to do it consistently, I agree success this way is very rare ,although I believe some savants may exist-- but in my years in this business I have never seen evidence of one.
Having the emotions to follow rule based systems manually is extremely difficult for most people-- yeah, there are robot types that can do it, but for the average person-- if they can do this, they wouldn't be attracted to the markets in the first place-- in my opinion.
While automation takes out the human element, all you need is a system with an edge, capital and program. surf
Surf, just face it - you're not gifted as a trader; you need price drivers to guide your decisions while the real maestros can see the footprints of large traderz written all over the chart. You can't read the tracks on the ground and would never make it as a hunter / gatherer on some remote island. Your ancestors were probably ag based pastoralists who needed high social cohesion in order to survive.
We're not all wired that way.......
We're not all wired that way.......