Robotic Trading VS Manual Trading
會員從May 18, 2015開始
1帖子
May 18, 2015 at 06:59
What's the ideal trading system, 100% Robotic or Manual?
The difference between a GOOD Trader and a BAD Trader is the brand of their profit.
會員從Nov 21, 2011開始
1718帖子
May 18, 2015 at 09:47
Depends on your strategy... Does it worth to code it?
I like EA to open trades... because nothing can be more accurate & patient
I like EA to open trades... because nothing can be more accurate & patient
forex_trader_139412
會員從Jul 16, 2013開始
385帖子
May 18, 2015 at 18:10
To add what @CrazyTrader is saying, an EA never sleeps and does all your trading while you carry on doing your thing - I would never have the time to trade manually - many are against EAs. It is always martingale or non-martingale, fundamental or technical, EA or manual. I would say to each his own - whatever works best for you. My experiences are not necessarily right, and neither is someone else's. I for one, and plenty others prefer robotic.
May 19, 2015 at 17:18
(已編輯May 19, 2015 at 17:36)
The two methods aren't necessarily mutually exclusive.
No reason why you can't automate tasks on manual trades. Adding stops, Tp'ing, partial TP'ing adding TP's to manualy opened trades, modifying stops, adding BE stops etc...
Trade sizes is a prime example. I got so tired of working it out I wrote code to do my trades, so all I'd do is put down a 1 unit trade to indicate where I wanted to trade then the code would come get the level, work out what I needed and do a properly sized trade for me at that level with the best spread it could find. No fat finger mistakes for moa and keeps the costs down.
The list is endless, those tasks are tedious so why not automate them, especially if you need to wait for something to move before you can modify open trades.
Or have drag and drop EA's when you want to perform manual functions, but would rather have the benefit if the computers speed and accuracy. Or the market is to fast to keep up or you want to try get a better spread etc. A good examle of that would be a partial TP, where my account is doing well, but I'm using to much margin so I want to drop say 30% of the account as a partial TP. I have an EA for that, just drag it on, wait till it's done and I only had to do one action. Takes 30 seconds instead of 5 minutes to do manually.
I think very few systems are fully auto. Decisions to switch them on or off are taken all the time.
So as things become a pain for you start defining them and then coding them and before you know it you have a semi auto method. Take it from there.
No reason why you can't automate tasks on manual trades. Adding stops, Tp'ing, partial TP'ing adding TP's to manualy opened trades, modifying stops, adding BE stops etc...
Trade sizes is a prime example. I got so tired of working it out I wrote code to do my trades, so all I'd do is put down a 1 unit trade to indicate where I wanted to trade then the code would come get the level, work out what I needed and do a properly sized trade for me at that level with the best spread it could find. No fat finger mistakes for moa and keeps the costs down.
The list is endless, those tasks are tedious so why not automate them, especially if you need to wait for something to move before you can modify open trades.
Or have drag and drop EA's when you want to perform manual functions, but would rather have the benefit if the computers speed and accuracy. Or the market is to fast to keep up or you want to try get a better spread etc. A good examle of that would be a partial TP, where my account is doing well, but I'm using to much margin so I want to drop say 30% of the account as a partial TP. I have an EA for that, just drag it on, wait till it's done and I only had to do one action. Takes 30 seconds instead of 5 minutes to do manually.
I think very few systems are fully auto. Decisions to switch them on or off are taken all the time.
So as things become a pain for you start defining them and then coding them and before you know it you have a semi auto method. Take it from there.
會員從Dec 14, 2012開始
20帖子
May 20, 2015 at 06:27
automated testing works best if you have a plan, and can convert your strategy into program!. It taskes out emotional stress.
會員從Dec 14, 2012開始
20帖子
May 20, 2015 at 06:28
testing: trading
Jun 07, 2015 at 16:03
georgepalaganas posted:
What's the ideal trading system, 100% Robotic or Manual?
i m currently developing an EA & testing it on demo account i will let you know if it is profitable in long term you can see my portfolio good luck 😎
“The past can't hurt you anymore, not unless you let it.”
forex_trader_250523
會員從May 18, 2015開始
18帖子
Jun 08, 2015 at 07:11
CrazyTrader posted:
Depends on your strategy... Does it worth to code it?
I like EA to open trades... because nothing can be more accurate & patient
I agree with CrazyTrader and I'm also a proponent of automatic trading.
You can backtest all you want, if you're not a super disciplined person, you'll make rash decisions in the heat of the moment that may not entirely conform to your trading plan. A robot doesn't do that. It operates under strict rules and if your rules are profitable, your EA should be profitable as well. The tricky part is to convert your rules to actual code.
The drawback of automatic trading is that in some situations it's quite clear that your entry rules would lead to a losing trade when looking at the chart, but since they are hardcoded, your EA will enter anyway.
But in the end, I think you'll capture a lot more good entries that would've been missed when trading manually than entering bad positions that would've been ignored when trading manually.. But obviously this all depends on your strategy and your ability to convert it into an EA.
forex_trader_165856
會員從Dec 03, 2013開始
631帖子
Jun 16, 2015 at 09:58
Most trading activity are from automated trading systems. It is just a matter of time before everyone has their strategy coded from their manual trading experience. If you haven't begun coding you may already be a dinosaur.
會員從Oct 08, 2015開始
35帖子
Aug 15, 2016 at 10:00
For every trader it is a different scenario. Depending on your free time and many other factors, you should choose what suits you the best. You can even use a hybrid trading, which means Manual trading with the help of different tools to easy your trading.
Trading is like football - if you don't practice you can't win the game!
Aug 21, 2016 at 06:22
If you develop your trading strategy well and test is manually, the best way will be to create your own robotic system which opens, executes and closes the orders. We all know that the EA will have an accurate time and will place the orders faster than manually.
100% robotic system will work well if tested manually before trading with live account. However there can’t be an ideal trading system because sometimes you will need to use functions like TP, SL , partial close, modifying orders, etc… which you have to set manually
100% robotic system will work well if tested manually before trading with live account. However there can’t be an ideal trading system because sometimes you will need to use functions like TP, SL , partial close, modifying orders, etc… which you have to set manually
Accept the loss as experience
Oct 03, 2016 at 11:52
Have you thought of a hybrid system. Using an automated system to make a small consistent profit. Most of the automated systems require big balances. In another account you can manually trade if you know how to but never combine both in the same account. Another thing you can do is use Money management Experts for setting the TPs SLs Trailing Stops and Breakeven points automatically while you trade manually. This approach is great for scalping. Just my 2 cents.
Oct 24, 2016 at 09:14
It depends upon the trading style and strategy.
There are four types of automated trading: EA’s strategy, social trading, robotic management, Algo trading.
For a newbie trader it is better to opt for automated trading because it helps to reduce trading stress and save your time. However, experienced traders can also go for manual trading as they have a lot of knowledge about market conditions and how it works.
I would prefer to do auto trading as trading as a full time job is not my cup of tea and that is why auto trading works best for me.
There are four types of automated trading: EA’s strategy, social trading, robotic management, Algo trading.
For a newbie trader it is better to opt for automated trading because it helps to reduce trading stress and save your time. However, experienced traders can also go for manual trading as they have a lot of knowledge about market conditions and how it works.
I would prefer to do auto trading as trading as a full time job is not my cup of tea and that is why auto trading works best for me.
Oct 24, 2016 at 10:21
TiffanyK posted:
If you develop your trading strategy well and test is manually, the best way will be to create your own robotic system which opens, executes and closes the orders. We all know that the EA will have an accurate time and will place the orders faster than manually.
100% robotic system will work well if tested manually before trading with live account. However there can’t be an ideal trading system because sometimes you will need to use functions like TP, SL , partial close, modifying orders, etc… which you have to set manually
Exactly.
If you trade you should have a trading plan.
Such trading plan can be easily programmed as EA.
EA will execute it precisely, without emotions, 24/5, etc...
And it can be backtested .
You cant do so with manual trading.
會員從Sep 15, 2014開始
259帖子
Oct 25, 2016 at 07:11
Long live EA !
I WILL TRADE WHILE I AM SLEEPING
會員從Sep 15, 2016開始
24帖子
Oct 26, 2016 at 07:16
I believe Traders should not stick solely to robotic or manual trading and can chose hybrid platforms as well. You can use EA’s and modern technology to enhance your profits in Forex trading but if the situation demands for thinking and emotions, ,manual trading can be fruitful.
會員從Oct 08, 2015開始
35帖子
Oct 27, 2016 at 06:17
Edward16 posted:
It depends upon the trading style and strategy.
There are four types of automated trading: EA’s strategy, social trading, robotic management, Algo trading.
For a newbie trader it is better to opt for automated trading because it helps to reduce trading stress and save your time. However, experienced traders can also go for manual trading as they have a lot of knowledge about market conditions and how it works.
I would prefer to do auto trading as trading as a full time job is not my cup of tea and that is why auto trading works best for me.
By social trading you mean copy trading, right? I agree with your point.
Trading is like football - if you don't practice you can't win the game!
