Manual Trading and Automated which One Do You Think Is More Profitable?
เป็นสมาชิกตั้งแต่ Mar 03, 2010
22 โพสต์
Jul 12, 2010 at 11:04
(แก้ไขแล้ว Jul 12, 2010 at 11:05)
Good Day People
i just want to know the opinions of people about between Manual and Authomated which one u think is more profitable, i have never done Authomated before, and trading manual gives me more than what i needed in profits.
So can u tell me bout urs? lets just share our views here.
Thank You
i just want to know the opinions of people about between Manual and Authomated which one u think is more profitable, i have never done Authomated before, and trading manual gives me more than what i needed in profits.
So can u tell me bout urs? lets just share our views here.
Thank You
Never Place A Trade Without Stoploss
เป็นสมาชิกตั้งแต่ Oct 28, 2009
1430 โพสต์
Jul 12, 2010 at 11:18
(แก้ไขแล้ว Jul 12, 2010 at 11:20)
Manual every time, as long as you can actually trade.
Unless you're using something exotic like a Martingale or opening multiple positions - but then systems like that have their risks and if you really wanted to you could use systems like this manually I guess.
Only reason I trade with EA's is because they suit my personality better than manual trading.
If you can trade manually, have the time for it and are making money stick at it I'd say.
In fact looking at your account, if you want to trade MY money as well then let me know 😄
Unless you're using something exotic like a Martingale or opening multiple positions - but then systems like that have their risks and if you really wanted to you could use systems like this manually I guess.
Only reason I trade with EA's is because they suit my personality better than manual trading.
If you can trade manually, have the time for it and are making money stick at it I'd say.
In fact looking at your account, if you want to trade MY money as well then let me know 😄
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
เป็นสมาชิกตั้งแต่ Mar 03, 2010
22 โพสต์
Jul 12, 2010 at 12:27
(แก้ไขแล้ว Jul 12, 2010 at 12:29)
stevetrade posted:
Manual every time, as long as you can actually trade.
Unless you're using something exotic like a Martingale or opening multiple positions - but then systems like that have their risks and if you really wanted to you could use systems like this manually I guess.
Only reason I trade with EA's is because they suit my personality better than manual trading.
If you can trade manually, have the time for it and are making money stick at it I'd say.
In fact looking at your account, if you want to trade MY money as well then let me know 😄
how i wish i can, am fully occupied with 100k, 500k accounts and some millions accounts, and the minimum i do accept to trade is 100k now, this one u see on myfxbook account is just using 4 test to get an account of 5millions euros, and i dont like uploading my accounts on the sites, but i did it just 4 someone to be watching it 2tru here😎
Never Place A Trade Without Stoploss
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 12, 2010 at 12:32
(แก้ไขแล้ว Jul 12, 2010 at 12:45)
More than 5% of the NYSE's volume is traded by one company, fully auto.
https://www.tradebot.com/
That same guys also owns the third largest stock exchange in the world. Or a significant portion of it anyway.
https://batstrading.com/
They did all of that with automated trading systems. And are probably the leaders if not pioneers of high frequency trading. In other words these are the guys that mugg you when you try do a manual trade or even a slow black box trade on NYSE or one of the others.
I guess manual investing still works, but manual trading there are guys mugging you in 1/1000th of a second, where they see your transaction, buy what you were going to buy and sell it back to you at a higher price 1/1000th of a second later and you don't even know it happened.
Manual trading doesn't really stand much of a chance now days. That's what your up against. Super slick super fast black boxes with billion's behind them.
Recently I read a report where they were analyzing a strategy and determined for that strategy it was the most profitable if they traded every 1 second. Imagine, 1000 or 3000 stocks traded every 1 seconds!!
The debate is no longer what's best, but how to get into the automated side....
https://www.tradebot.com/
That same guys also owns the third largest stock exchange in the world. Or a significant portion of it anyway.
https://batstrading.com/
They did all of that with automated trading systems. And are probably the leaders if not pioneers of high frequency trading. In other words these are the guys that mugg you when you try do a manual trade or even a slow black box trade on NYSE or one of the others.
I guess manual investing still works, but manual trading there are guys mugging you in 1/1000th of a second, where they see your transaction, buy what you were going to buy and sell it back to you at a higher price 1/1000th of a second later and you don't even know it happened.
Manual trading doesn't really stand much of a chance now days. That's what your up against. Super slick super fast black boxes with billion's behind them.
Recently I read a report where they were analyzing a strategy and determined for that strategy it was the most profitable if they traded every 1 second. Imagine, 1000 or 3000 stocks traded every 1 seconds!!
The debate is no longer what's best, but how to get into the automated side....
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 12, 2010 at 12:44
They should really stop HFT. Basically it means the game is rigged for a few privileged players. I'd rather go trade in China now days than NYSE....
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 12, 2010 at 15:38
But to answer the question. What is most profitable? Looking and Goldman Sachs and player like these I think the answer is very obvious.
เป็นสมาชิกตั้งแต่ Mar 03, 2010
22 โพสต์
Jul 12, 2010 at 15:59
(แก้ไขแล้ว Jul 12, 2010 at 16:06)
odiaerospace posted:am tallking about forex, and not stock
stevetrade posted:
Manual every time, as long as you can actually trade.
Unless you're using something exotic like a Martingale or opening multiple positions - but then systems like that have their risks and if you really wanted to you could use systems like this manually I guess.
Only reason I trade with EA's is because they suit my personality better than manual trading.
If you can trade manually, have the time for it and are making money stick at it I'd say.
In fact looking at your account, if you want to trade MY money as well then let me know 😄
how i wish i can, am fully occupied with 100k, 500k accounts and some millions accounts, and the minimum i do accept to trade is 100k now, this one u see on myfxbook account is just using 4 test to get an account of 5millions euros, and i dont like uploading my accounts on the sites, but i did it just 4 someone to be watching it 2tru here😎
Never Place A Trade Without Stoploss
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 12, 2010 at 16:57
(แก้ไขแล้ว Jul 12, 2010 at 17:06)
Think these operators are not into fx? Goldman? If I remember correctly one of their fx portfolio's did 22 000% for a single year.
I just have the information to prove the stock side after it became a news event because of the flash crash. I assure you they're doing the same to fx. Just have to wait till they flash crash a currency.....then the names will pop up and it be the same people.
I just have the information to prove the stock side after it became a news event because of the flash crash. I assure you they're doing the same to fx. Just have to wait till they flash crash a currency.....then the names will pop up and it be the same people.
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 12, 2010 at 17:22
(แก้ไขแล้ว Jul 12, 2010 at 17:28)
The dollar is probably where it is because a black box is keeping it there. It should have the same value as toilet paper. Fed's been printing money for months and the more you have of something the less valuable it should be.
If you ask me we're heading for a black box induced crack up boom. People who ran the systems made billions and will continue to do so as economies fail. No manual trader can cope with the scope and volume of what's happening automated. Fx or otherwise. Just not quick enough I'm afraid.
What were doing with MT4 is a joke. A company like Tradebot can run through their entire portfolio, 10 000 stocks or more, do several transactions per stock on the NYSE, quicker than I can put down a single trade.
If you ask me we're heading for a black box induced crack up boom. People who ran the systems made billions and will continue to do so as economies fail. No manual trader can cope with the scope and volume of what's happening automated. Fx or otherwise. Just not quick enough I'm afraid.
What were doing with MT4 is a joke. A company like Tradebot can run through their entire portfolio, 10 000 stocks or more, do several transactions per stock on the NYSE, quicker than I can put down a single trade.
เป็นสมาชิกตั้งแต่ Feb 10, 2010
24 โพสต์
Jul 13, 2010 at 02:31
Even though I do write EAs from time to time just to keep myself amused, manual trading has proved to be more profitable. I could do a bit semi-auto trading just to help me to get a good entry or exit if I'm away from internet. But yes, same as Steve, manual any day.
Cheers.
Cheers.
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 13, 2010 at 15:06
(แก้ไขแล้ว Jul 13, 2010 at 15:17)
I'm getting all neurotically suspicious about this.
I bought some GBP through a ECN, and the damn thing hesitated. So I'm wondering. Did Goldman's computers see my order, grabbed the ask, and when my broker upped the bid because it was at market sold it back to me for 1 pip extra?
Or was it someone else?
It's very unlikely I got the actual price. How friggen sad is that. Every transaction is a scam. And the US tax payer bailed them out. So US tax money is used to fund what amounts to highway robbery. At least in the old days you'd pull out your sword and take a few with you.
I bought some GBP through a ECN, and the damn thing hesitated. So I'm wondering. Did Goldman's computers see my order, grabbed the ask, and when my broker upped the bid because it was at market sold it back to me for 1 pip extra?
Or was it someone else?
It's very unlikely I got the actual price. How friggen sad is that. Every transaction is a scam. And the US tax payer bailed them out. So US tax money is used to fund what amounts to highway robbery. At least in the old days you'd pull out your sword and take a few with you.
เป็นสมาชิกตั้งแต่ Mar 03, 2010
22 โพสต์
Jul 14, 2010 at 07:06
Elkart posted:lol😀
I'm getting all neurotically suspicious about this.
I bought some GBP through a ECN, and the damn thing hesitated. So I'm wondering. Did Goldman's computers see my order, grabbed the ask, and when my broker upped the bid because it was at market sold it back to me for 1 pip extra?
Or was it someone else?
It's very unlikely I got the actual price. How friggen sad is that. Every transaction is a scam. And the US tax payer bailed them out. So US tax money is used to fund what amounts to highway robbery. At least in the old days you'd pull out your sword and take a few with you.
Never Place A Trade Without Stoploss
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 16, 2010 at 11:37
(แก้ไขแล้ว Jul 16, 2010 at 11:41)
Showbaba,
'Trading by the HFT crowd is believed to account for as much as 75% of the trading volume on US stock markets on any given day.'
https://www.dailymarkets.com/stock/2010/07/16/the-seven-rules-for-new-normal-markets/
The markets are so rigged it's not even funny. Every transaction you do there's a bunch of computers competing to see who can rip you off first.
'Trading by the HFT crowd is believed to account for as much as 75% of the trading volume on US stock markets on any given day.'
https://www.dailymarkets.com/stock/2010/07/16/the-seven-rules-for-new-normal-markets/
The markets are so rigged it's not even funny. Every transaction you do there's a bunch of computers competing to see who can rip you off first.
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 16, 2010 at 11:37
(แก้ไขแล้ว Jul 16, 2010 at 11:39)
'With decimalization, however, if the specialist knew that there was about to be a total of 150,000 shares that buyers want to own, he could “step in front of” the $50 bid price and bid $50.01 to try and buy the stock for a penny more than the bidders already in line. If he buys stock at $50.01, he is only risking one cent per share, as opposed to risking 12.5 cents per share.'
forex_trader_5776
เป็นสมาชิกตั้งแต่ Jan 17, 2010
140 โพสต์
Jul 17, 2010 at 20:14
Manual anytime
Not worried about HFT black box trading. just need to look at longer TFs and it can be easy to trade manually.
Not worried about HFT black box trading. just need to look at longer TFs and it can be easy to trade manually.
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 17, 2010 at 22:55
The question was which is more profitable. I think we can safely assume it's black boxes, judging by their absolute domination of equity trading.
forex_trader_5776
เป็นสมาชิกตั้งแต่ Jan 17, 2010
140 โพสต์
Jul 17, 2010 at 23:23
True, we're getting a bit off topic
Black boxes maybe more profitable if you have the resources to 1) purchase and maintain the hardware and real estate to house it in 2) Hire and maintain legions of scientist including mathematicians, physicists, top line programmers, I heard GS even has astrologers on staff (not sure about it though), and specialists from few other branches of science. All this will probably cost about 8 figures each month so if you can afford it then yes you may be more profitable with black boxes.
But, landing back on earth among the 99.9999% of people who cannot afford the above I think the manual systems are more profitable then any EA you can currently find out there.
R
Black boxes maybe more profitable if you have the resources to 1) purchase and maintain the hardware and real estate to house it in 2) Hire and maintain legions of scientist including mathematicians, physicists, top line programmers, I heard GS even has astrologers on staff (not sure about it though), and specialists from few other branches of science. All this will probably cost about 8 figures each month so if you can afford it then yes you may be more profitable with black boxes.
But, landing back on earth among the 99.9999% of people who cannot afford the above I think the manual systems are more profitable then any EA you can currently find out there.
R
forex_trader_7
เป็นสมาชิกตั้งแต่ Aug 01, 2009
941 โพสต์
Jul 18, 2010 at 07:27
(แก้ไขแล้ว Jul 18, 2010 at 07:49)
R,
A lot of those HFT guys have very small operations. Some of those companies are no more than a desktop in a room at home. Not all of the strategies require super computers and precognitive internet.
A lot of those HFT guys have very small operations. Some of those companies are no more than a desktop in a room at home. Not all of the strategies require super computers and precognitive internet.
May 05, 2011 at 22:56
odiaerospace posted:sure manual
Good Day People
i just want to know the opinions of people about between Manual and Authomated which one u think is more profitable, i have never done Authomated before, and trading manual gives me more than what i needed in profits.
So can u tell me bout urs? lets just share our views here.
Thank You
