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Date/Time: Sun, 09 Mar 2025 20:54:03 +0000



Post From: [AUTOMATE] What are you thought about automate trading ?

[2022-03-07 14:25:04]
Sawtooth - Posts: 4181
Do you think being trading 100% automatically and be profitable is even possible ?
IMO, there is no such thing as a set-and-forget 100% automatic autotrader that is perpetually profitable.
At least not one a retail trader can devise.

I do think it's possible to create a semi-automatic autotrader that can be profitable.
However, this is no easy task. If it was easy, every trader would have one.

My definition of a semi-automatic autotrader is any system that requires any human intervention or discretion, however infrequent.
IOW, a semi-automatic autotrader is:
- one that is modified every so often, or
- one where any portion of the trade is manually managed, or
- one where it is manually turned off/on depending on market conditions, etc..
Date Time Of Last Edit: 2022-03-08 20:25:59