How many EAs do you trust enough to trade live?

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I used to think one good EA was enough, but over time I've started using several with different trading styles to diversify my risk.

For those who trade with EAs, how many do you actually trust with real money, and what made you keep them in your portfolio?

 
Joseph:

I used to think one good EA was enough, but over time I've started using several with different trading styles to diversify my risk.

For those who trade with EAs, how many do you actually trust with real money, and what made you keep them in your portfolio?

I don't know how diversifying trading styles diversifies risks.

Diversifying markets/assets/instruments? Yes, that's commonplace.

Please elaborate on what you mean?

 
Ryan L Johnson #:

I don't know how diversifying trading styles diversifies risks.

Diversifying markets/assets/instruments? Yes, that's commonplace.

Please elaborate on what you mean?

What I meant is using EAs that follow different trading logic rather than relying on a single strategy. For example, one EA might be trend-following, another might be mean reversion, and another might only trade during specific market conditions. My thinking is that if one strategy struggles in a certain environment, another may perform better, so I'm not depending on just one approach. Of course, they also need to trade different instruments or have low correlation; otherwise the diversification benefit is limited. I'd be interested to hear your thoughts on that.
 
Joseph #:
What I meant is using EAs that follow different trading logic rather than relying on a single strategy. For example, one EA might be trend-following, another might be mean reversion, and another might only trade during specific market conditions. My thinking is that if one strategy struggles in a certain environment, another may perform better, so I'm not depending on just one approach. Of course, they also need to trade different instruments or have low correlation; otherwise the diversification benefit is limited. I'd be interested to hear your thoughts on that.
I've become beholden to gold whether I'm trading futures, or CFD's with a proprietary trading firm. Never both at the same time. The rate at which gold moves (volatility) is tough to beat. I just don't see any reason to subject myself to slow/sideways instruments. The way that I see it, a trader either has a profitable strategy having reasonable risk parameters or that trader does not. Proper testing generates statistics, and statistics don't lie. Adding lesser strategies or lesser instruments can only do damage. There are more than one of this breed of cat in this Forum.
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