there is no doubt about it. there is huge money trading automated technical trading stratigies. I have personally spent a lot of time with specific fund managers, some with over 500mil aum. but a retail trader would do well to even understand 5% of the process they have under taken to make those stratigies with the level of risk management they use. and even then there are still people there 24/7 to keep the systems running correctly.
what I think is most refreshing though is to know that there are also 100% discretionary traders that manage money that continue to out perform these systematic traders with less risk. they almost never have as much aum though.
what I think is most refreshing though is to know that there are also 100% discretionary traders that manage money that continue to out perform these systematic traders with less risk. they almost never have as much aum though.