Automated Trading - Page 2
Page 2 of 7310 FirstFirst 1234 ... LastLast
Results 11 to 20 of 399

Thread: Automated Trading

  1. #11
    Quote Originally Posted by ;
    Just in case you missed it. This Article made you 1KP as well as becoming a Member of 1KT
    Congrats to Mr T.
    Haha... thanks. Sweet.

  2. #12
    Within the PF some time ago I posted is here I'll stick out to the gang. It is something to ponder!

    Quote Originally Posted by ;
    Is trading mechanically and in this case, roboticaly, almost hands off entirely, Actual trading? Can one go to bed at night, hit the pillow and say, now was a fantastic trading day? . .when s/he did not pull the trigger on almost any transactions?

    Could EA/Bot trading be considered trading-as-a-career? Are you less of a trader if you use tools to achieve a desired lifestyle?
    For a recap of the jist of these replies it was reasoned that the basic reason for trading is to earn money, so any fair tool which will aid in that understanding is justified. That made me feel better about the entire thing. At that time I had the notion that trading with the EA was not trading at all. Grin.

    : ) Thom

  3. #13
    If you think systems operate, automated trading is the way to go as a result of the fact that it eliminates feelings.

  4. #14
    Quote Originally Posted by ;
    If you believe mechanical systems work, automated trading is the best way to go as a result of the fact that it eliminates emotions.
    But was stated before ( I believe IT will be stated again) If I didn't Build it, I won't trust it.

    How many are able to place their personal thoughts into code?

  5. #15
    Quote Originally Posted by ;
    I am a huge believer in automated systems. And I know two men who operate them nearly entirely... one does well over 100 percent annually, and I don't understand what the other one does as his numbers escape me at the moment, but it's up there.

    You can always make more trading discretionary, but at any point, most successful traders spend time in front of the screen -- which means either, a) long term trades, or b) automated.

    . . .that's only a natural development.
    While I can add nothing to the conversation regarding automated trading, I am discretionary, I can say that spending time in front of these screens is always beneficial to my trading. As a colleague is always fond of saying -'I can add value by sitting down at the screens, once I think, I get up and walk away.'

    Regarding automated systems, I actually do not know anyone personally who does it but do understand that the big Managed Futures firm Winton Capital in London is automated 100% and their track record is spectacular. I met with some of the staff and their roster has been stat and mathematics folks - not a trader among any of them.

    That being said, I would surely be interested in hearing about different ideas/approaches.

  6. #16
    Quote Originally Posted by ;
    ...

    Regarding automated systems, I do not know anybody who does it do know that the big Managed Futures firm Winton Capital in London is automated 100% and their track record is magnificent. I met with a number of the team and their roster was mathematics folks and stat - not a trader among some of these.

    That being said, I'd surely be interested in hearing about different ideas/approaches.
    Bodes well for us techies. Nerds with Personality Perspective yeah yeah, I knew I had been pushin' it with the Character bit.

  7. #17
    Quote Originally Posted by ;
    Regarding automated systems, I do not know anyone personally who does it but do understand that the big Managed Futures company Winton Capital in London is automated 100% and their track record is spectacular. I met with a number of the staff a few years ago and their roster has been mostly stat and mathematics people - not a trader among some of them.
    Im not so sure about currencies, however know about wallstreet its a well-known fact that the automated methods are taking enormous cash from the market. Dont have a cite, but I believe something like 80% of volume on ECNs like arca and brute is accomplished by automated systems.

    One of those classic methods is the automated version of what turbokaos is famous for doing. Placing limit orders much off the market, attempting to ch somebody throwing out a market order if they shouldnt be. You can observe these orders at work on the order publications, constantly shing about looking for a sufferer!

  8. #18
    Quote Originally Posted by ;
    one of those classic methods is an automated version of what turbokaos is known for doing. Placing limit orders much off the market, attempting to ch somebody throwing out a market order when they shouldnt be. You can observe these orders at work on the order publications, around searching for a sufferer constantly shing!
    This happens a lot in options.

  9. #19
    I believe that the real question is:

    Do you wish to be a trader or a computer programmer who understands about trading?

    Let's face it, if your robot is performing your transactions for you, then your robot is a trader and you're the programmer of a trading robot.

    A trader believes the psychological aspect towards his/her trading; a person who designs a trading robot, feels emotion about how his/her robot performed with his/her money.

    Regarding the efficacy of EA's: I am sure you will find profitable ones out there, but I have yet to find one which stands the term of time.

    Personally, I will trade manually for life.

  10. #20
    Quote Originally Posted by ;
    A trader feels the emotional aspect towards his/her trading; a man who designs a trading robot, feels emotion regarding just how his/her robot performed using his/her money.
    I would disagree. Traders that are successful feel no different if they lose or win. Does not matter. An automated system is not anything more than a method to, make money while I sit on the beach.

    People laugh at the announcement. But I know people who take action.

    IMO, there is nothing greater than to come back home from work, check the P/L, think to yourself, Well that is cool, I made X today., and go back downstairs and revel in a movie with the wife.

    Now is it enjoyable to exchange. Heck yeah. There is nothing greater than using an automated system doing it's thing, and maybe trading on the hang seng every night to get just a intraday. That's pleasurable.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.