Robotic Trading VS Manual Trading
Členem od Mar 14, 2016
41 příspěvků
Nov 22, 2016 at 11:19
FxMasterGuru posted:
nerves made of titanium enforced steel...
Yeah, that should be the next Terminator I think 😉
Členem od Jan 31, 2017
30 příspěvků
Feb 07, 2017 at 09:55
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
Členem od Feb 22, 2011
4862 příspěvků
Feb 07, 2017 at 10:41
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.
Členem od Feb 12, 2016
522 příspěvků
Feb 08, 2017 at 07:50
togr posted:hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.
I agree with this, but the complete trade experience cannot be programmed or EA to take individual decision when the market changes.
Anyway, the both way of trading: manual or via EA could be successful :)
Členem od Feb 22, 2011
4862 příspěvků
Feb 08, 2017 at 08:45
BaldoN posted:togr posted:hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.
I agree with this, but the complete trade experience cannot be programmed or EA to take individual decision when the market changes.
Anyway, the both way of trading: manual or via EA could be successful :)
@BaldoN
Well what is complete trade experience? Please elaborate.
Either you have trading plan which you execute or you should avoid trading.
If you have trading plan it could be converted to algo and executed more precisely and faster by EA.
Členem od Jan 31, 2017
30 příspěvků
Feb 08, 2017 at 13:09
togr posted:hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
EA trading is more consistent, it is not affected by emotion, sickness, greed. It can run 24/7. It is faster and more precise than human. There are only advantages of EA trading over manual. Check my portfolio of robots.
I agree that with the help of EA's your trading become consistent and it is also free from emotions, greed and sickness. But what about the major fundamental events? At that time EA's can also go against your positions if required changes are not made, so here the human involvement comes in. And for that person needs to have knowledge of the event to occur.
Členem od Feb 02, 2017
37 příspěvků
Feb 08, 2017 at 13:10
hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
I totally agree with you. Both manual and robotic trading has its own pros and cons. Hybrid trading platform is generally more beneficial. We can use robots to help us earn more profits but sometimes when situation demands human intelligence, manual trading is a good option.
Členem od Sep 20, 2014
365 příspěvků
Feb 08, 2017 at 13:21
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?
Členem od Feb 22, 2011
4862 příspěvků
Feb 08, 2017 at 14:42
(Upravené Feb 08, 2017 at 14:42)
theHand posted:
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?
@theHand
While I support robotic trading I dont support such bold statements like yours without any proof.
Home / theHand's page
Systems
This user doesn't share any systems currently.
Členem od May 04, 2012
1608 příspěvků
Feb 08, 2017 at 15:19
(Upravené Feb 08, 2017 at 15:19)
togr posted:theHand posted:
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?
@theHand
While I support robotic trading I dont support such bold statements like yours without any proof.
Home / theHand's page
Systems
This user doesn't share any systems currently.
@togr
We all know what the response will be: 'I don't have to prove anything to anybody.'
But actually - according to the 'unwritten rules' of MyFxBook - EVERY STATEMENT SHOULD BE PROVABLE, otherwise it is an empty phrase.
@theHand
Přílohy :
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od Feb 22, 2011
4862 příspěvků
Feb 08, 2017 at 17:13
FxMasterGuru posted:@FxMasterGurutogr posted:theHand posted:
This question is so stupid. I have 20 robots on 20 accounts handling 1 000 000 value changes a day per account. And you think manual trading is still relevant ?
@theHand
While I support robotic trading I dont support such bold statements like yours without any proof.
Home / theHand's page
Systems
This user doesn't share any systems currently.
@togr
We all know what the response will be: 'I don't have to prove anything to anybody.'
But actually - according to the 'unwritten rules' of MyFxBook - EVERY STATEMENT SHOULD BE PROVABLE, otherwise it is an empty phrase.
@theHand
@theHand
well we will see what would be the response
I just wander why there (MFB) are guys without single profitable account. It left feeling like these guys are living with their parents or something just pushing their ego with bold statements.
Even the @CrazyTrader who wiped every single account be it real or demo in his portfolio was brave enough to publish it.
I have like 40 accounts in my profile so when I write something everyone can see I am serious.
forex_trader_367321
Členem od Oct 08, 2016
58 příspěvků
Feb 09, 2017 at 03:26
(Upravené Feb 09, 2017 at 03:40)
i have been knowing of thehand for several years now and i do believe that he most likely does have forty metatrader systems running on some kind of vps somewhere...
but can you imagine trying to plug 40 mt4 platforms into myfxbook?
please.
that would be a nightmare.
i really hope that he finds his dream system... and he really is a pretty nice guy, but he is(like me) bitten by this 4x gamblers flu and cant shake it...
and even worse is that in real life he is a diver, and we all know what that means.... (he has air bubbles stuck in his head)
poor man.
while i, on the other hand, am very normal, and have never done any diving at all...
and i seem to be living this delusion that i am working towards cornering the market...
right at this very moment, i will tell you the best trades on the table, and you may look at them if you like...
long eurjpy (i am not playing this one) and the gbpcad short(image included)
and for the record, i could not do what it is that i do... without automation... it would be pretty much impossible to make the massive calculations that my code makes, and my little computer does it all in a nanoflop..
thank you.
but can you imagine trying to plug 40 mt4 platforms into myfxbook?
please.
that would be a nightmare.
i really hope that he finds his dream system... and he really is a pretty nice guy, but he is(like me) bitten by this 4x gamblers flu and cant shake it...
and even worse is that in real life he is a diver, and we all know what that means.... (he has air bubbles stuck in his head)
poor man.
while i, on the other hand, am very normal, and have never done any diving at all...
and i seem to be living this delusion that i am working towards cornering the market...
right at this very moment, i will tell you the best trades on the table, and you may look at them if you like...
long eurjpy (i am not playing this one) and the gbpcad short(image included)
and for the record, i could not do what it is that i do... without automation... it would be pretty much impossible to make the massive calculations that my code makes, and my little computer does it all in a nanoflop..
thank you.
Členem od Feb 22, 2011
4862 příspěvků
Feb 09, 2017 at 07:20
benchmarkpro posted:
i have been knowing of thehand for several years now and i do believe that he most likely does have forty metatrader systems running on some kind of vps somewhere...
but can you imagine trying to plug 40 mt4 platforms into myfxbook?
please.
that would be a nightmare.
i really hope that he finds his dream system... and he really is a pretty nice guy, but he is(like me) bitten by this 4x gamblers flu and cant shake it...
and even worse is that in real life he is a diver, and we all know what that means.... (he has air bubbles stuck in his head)
poor man.
while i, on the other hand, am very normal, and have never done any diving at all...
and i seem to be living this delusion that i am working towards cornering the market...
right at this very moment, i will tell you the best trades on the table, and you may look at them if you like...
long eurjpy (i am not playing this one) and the gbpcad short(image included)
thank you.
@benchmarkpro
but can you imagine trying to plug 40 mt4 platforms into myfxbook?
please.
Just check my profile. I have this number of system connected to MFB. Why should it be nightmare?
forex_trader_378802
Členem od Nov 23, 2016
2 příspěvků
Feb 09, 2017 at 08:02
georgepalaganas posted:If it depends on the strategy, many traders prove to be the best in both strategies. Manual or robotic also has its benefits and not benefits.
What's the ideal trading system, 100% Robotic or Manual?
Členem od Jan 31, 2017
30 příspěvků
Feb 09, 2017 at 12:32
darrengreg posted:hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
I totally agree with you. Both manual and robotic trading has its own pros and cons. Hybrid trading platform is generally more beneficial. We can use robots to help us earn more profits but sometimes when situation demands human intelligence, manual trading is a good option.
Great! Hybrid trading platforms is a good option. It is a way to experience both the robotic and manual trading. However, a person must also have due knowledge of the fundamentals then only he can react when the situation demands.
Členem od Feb 22, 2011
4862 příspěvků
Feb 09, 2017 at 12:51
(Upravené Feb 09, 2017 at 12:51)
hjacob posted:darrengreg posted:hjacob posted:
Both styles of trading have their own relevance. It depends upon the individual interests. Automated trading is nowadays getting popular as it curbs the concept of emotions while trading. In auto trade, robots or algos keep on performing trades automatically as per the instructions embedded in their system. This overcomes the drawback of human tendency to get tired and indulgence of emotions while trading. The loophole of automatic trading is it does not react to the major unexpected news events. It’s coding needs to be change in order to take benefit from it. However, for faster executions and less stress people do opt for automatic trading these days.
I totally agree with you. Both manual and robotic trading has its own pros and cons. Hybrid trading platform is generally more beneficial. We can use robots to help us earn more profits but sometimes when situation demands human intelligence, manual trading is a good option.
Great! Hybrid trading platforms is a good option. It is a way to experience both the robotic and manual trading. However, a person must also have due knowledge of the fundamentals then only he can react when the situation demands.
Trading platform is interface allowing you to trade, like mt4
That how you trade is trading plan, not platform
Trading plan could be executed manually or automatically.
Automated trading is superior to manual
as it is precise, faster and can run 24/7. Manual traders on contrary are slow, emotional, sick, tired, greedy...
Členem od Mar 31, 2015
45 příspěvků
Feb 09, 2017 at 14:38
@togr Let me ask you a question - who creates these algos? Isn't it the same person who is also exposed to the sick, tired, greedy, emotional and slow aspects of trading? If as you say someone has a trading plan, it can be executed by sticking to it both manually or automatically. EAs are for convenience I believe. But I would like to see the reactions of the people who realise that their robots are not working well, maybe becase of a human mistake. Then you can see the same emotions 😄 EAs cannot be superior to human trading as their are built by humans as a simple tool. EAs is like the autopilot but you still need to take control when landing or departing 😄
From the comments I read so far, maybe a hybrid system would make much sense for people who are good at coding the EAs. The extremes are also valuable but only for the people who know what they are doing. If your robots are successful so far, this means you take good care of them and know what you are doing. Good luck!
From the comments I read so far, maybe a hybrid system would make much sense for people who are good at coding the EAs. The extremes are also valuable but only for the people who know what they are doing. If your robots are successful so far, this means you take good care of them and know what you are doing. Good luck!
Členem od Feb 22, 2011
4862 příspěvků
Feb 09, 2017 at 14:40
VickyJones posted:@VickyJones
@togr Let me ask you a question - who creates these algos? Isn't it the same person who is also exposed to the sick, tired, greedy, emotional and slow aspects of trading? If as you say someone has a trading plan, it can be executed by sticking to it both manually or automatically. EAs are for convenience I believe. But I would like to see the reactions of the people who realise that their robots are not working well, maybe becase of a human mistake. Then you can see the same emotions 😄 EAs cannot be superior to human trading as their are built by humans as a simple tool. EAs is like the autopilot but you still need to take control when landing or departing 😄
From the comments I read so far, maybe a hybrid system would make much sense for people who are good at coding the EAs. The extremes are also valuable but only for the people who know what they are doing. If your robots are successful so far, this means you take good care of them and know what you are doing. Good luck!
to your surprise algo could be created by another program
it is not necessarily created by human
Členem od Jan 31, 2017
30 příspěvků
Feb 12, 2017 at 07:21
VickyJones posted:
@togr Let me ask you a question - who creates these algos? Isn't it the same person who is also exposed to the sick, tired, greedy, emotional and slow aspects of trading? If as you say someone has a trading plan, it can be executed by sticking to it both manually or automatically. EAs are for convenience I believe. But I would like to see the reactions of the people who realise that their robots are not working well, maybe becase of a human mistake. Then you can see the same emotions 😄 EAs cannot be superior to human trading as their are built by humans as a simple tool. EAs is like the autopilot but you still need to take control when landing or departing 😄
From the comments I read so far, maybe a hybrid system would make much sense for people who are good at coding the EAs. The extremes are also valuable but only for the people who know what they are doing. If your robots are successful so far, this means you take good care of them and know what you are doing. Good luck!
Exactly, this is what I meant to say that these EA’s or algos are also built by humans so there can be chances of mistake. As automated trading also includes human interference at first step in making algos.
If there is any other way of creating algos, please do share on this thread.
Členem od Apr 06, 2017
9 příspěvků
May 09, 2017 at 11:26
Automatic trading has recently become quite popular due to very pros attached to it: trading through automated signals can be accurate, perfect and error free. It covers the inability of the trader to trade in discipline and continuously follow the trading plan. Robots ensured that the trades are taken as per the set plan. Robots also don’t get tired unlike human traders, so with these robots you can perform trades 24 hrs a day. Though, experts always prefer to opt for hybrid platforms and don’t go solely for either manual or auto-trade.
