What kind of trader are you? Do you use algorithmic trading? And if so, to what extent?

New comment
 

Hello everyone,

After several months of 100% algorithmic trading, I have decided to start getting involved and doing semi-algorithmic trading.

Currently, according to my signal, I am doing 50% algorithmic trading.

What do you think? Do you agree with the concept of letting the computer do everything on its own? Or do you think it's always better to get involved?

Personally, I have found that my results have improved since I started intervening.

What kind of trader are you? 100% algorithmic, semi-algorithmic, or do you "hate" experts?

 

Mixing EA and manual can be effective, especially if you're seeing improved results with semi-algorithmic.

However, remember that no amount of manual intervention can turn a fundamentally flawed strategy into a winning champion ("Сan't make a silk purse out of a sow's ear").

 
It's always good to police an EA if you have time, because the truth is that human beings (albeit professional traders) will always be able to perform better risk management and position analysis than a computer can...due the fact that market conditions change continuously
 
Alessandro Riggi:

Hello everyone,

After several months of 100% algorithmic trading, I have decided to start getting involved and doing semi-algorithmic trading.

Currently, according to my signal, I am doing 50% algorithmic trading.

What do you think? Do you agree with the concept of letting the computer do everything on its own? Or do you think it's always better to get involved?

Personally, I have found that my results have improved since I started intervening.

What kind of trader are you? 100% algorithmic, semi-algorithmic, or do you "hate" experts?

I'm still on paper trade and making my own EA. Since I'm pretty bad at defining entry via EA, or more precisely, the volatility to catch at that very moment, I may have my EA just provide signal notification and shift the entry decision to me.

To your question, I'm the type of semi auto trader to save times on chart so I can go get a job and tells myself I'm always operating to make money. It remains true until the day one guy experienced much to find the top secrets behind numbers. Otherwise a no-clue fully-automated EA will simply blow up an account regardless of size.

 
Conor Mcnamara #:
It's always good to police an EA if you have time, because the truth is that human beings (albeit professional traders) will always be able to perform better risk management and position analysis than a computer can...due the fact that market conditions change continuously

I totally Agree with you.

 
Alessandro Riggi:

Hello everyone,

After several months of 100% algorithmic trading, I have decided to start getting involved and doing semi-algorithmic trading.

Currently, according to my signal, I am doing 50% algorithmic trading.

What do you think? Do you agree with the concept of letting the computer do everything on its own? Or do you think it's always better to get involved?

Personally, I have found that my results have improved since I started intervening.

What kind of trader are you? 100% algorithmic, semi-algorithmic, or do you "hate" experts?

I did not success in manual trading and this is the reason I am here. I installed several free expert advisors but they also seem not doing a great job too... Maybe I should combine manual and algorithmic trading...dunno...
 
100% Algo. Can't see the point in doing 50/50 as now you're getting both the negatives of manual trading and the negatives of algo trading. Pick one or the other and stick to it.
 

If you have not found an Algo that you can trust with your money,

then you will belong to the people that are warned that 

72% of retail investor accounts lose money when trading.



If you trade manual, that means that your Algo has flwas.

Why not add the " Manual thinking " of yours, to your Algo?

I do not understand.

 
Ioannis Christopoulos #:

If you have not found an Algo that you can trust with your money,

then you will belong to the people that are warned that 

72% of retail investor accounts lose money when trading.



If you trade manual, that means that your Algo has flwas.

Why not add the " Manual thinking " of yours, to your Algo?

I do not understand.

Too many algos are rubbish and make dumb entries due to the fact that the signal is lagging or fluctuating. This is why I can't trust someone else's EA if it's a black box and all of the inner workings are hidden. What someone can be comfortable to "trust" usually isn't cheap, or free. And don't get me started on the casino algos. would you rather use a gambling system or trade upon economic data results?

Respect to you if you made a good quality EA, but from what I experienced, most are quite bad and lack in money management.
New comment