Price Action Strategies All Break Down

[kut2k2]

Quote from Dhalsim:

Lol the strategy to the human mind is quite simple but to code it was a pain in the ass - it ended up being very complex and difficult but it taught me pretty much that any discretionary type trading can be coded as long as enough time and effort is taken (as well as skill).

You're confused on the meaning of discretionary. If a strategy can be coded, it is not discretionary. If it is discretionary, that means it can't be coded. At least until AI is invented.

 

[Fractals 'R Us]

There was a thread once about an ATS that made steady money for three years then gave it all back and more in one month... lots of learning experiences with trading, one just never can be sure when they are done learning. Other than that it's a bowl of cherries...

 

[Swan Noir]

I think the quote that reinforces your point is "life's a box of chocolates ..."

I don't trade ATS but I'm curious if anyone here that does would give back three years of earnings in a month without shutting it down well before they went that far? There is no discretionary trader that could make "steady money" for three years without seeing there was a problem, that something had changed, well before he gave it all back. I don't believe successful automated guys are all that different.

Reason must rule.

Quote from Fractals 'R Us:

There was a thread once about an ATS that made steady money for three years then gave it all back and more in one month... lots of learning experiences with trading, one just never can be sure when they are done learning. Other than that it's a bowl of cherries...