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Date/Time: Tue, 26 Nov 2024 09:47:37 +0000



Post From: Replay is skipping days?

[2023-12-16 00:27:22]
User61168 - Posts: 403
the confidence of success is to use its signals with discretion
Thanks Tom. Sadly, for me, Jury is still in deliberation mode when it comes to algo trading. Any human discretionary action still have some rules engine taking certain set of parameters as input/filters which could be programmed. All such discretionary techniques that I know of and tested show failure or performance decay. I don't know what the right or wrong answer whether to continue or end my automation journey. There has to be a better approach in strategy development than to expect algos to decay over time requiring life-long tweaks or "calibrations". I went into automated trading in search of freedom away from starring the charts and it is turning out to be much more hard work than manual/discretionary trading lol

p.s. I have yet to get into all the advanced order flow, TPO, valume/market profile related techniques so maybe that's the next step for me but I am literally scared to get sucked into the complexities of footprint and volume profile stuff for another few years to gain mastery :-(
Date Time Of Last Edit: 2023-12-16 00:28:27