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| Show me the money! [Swing Trading] Need some swing trading ideas? Want to share your own swing trade ideas? If you're the next Jerry Maguire and think you can show us the money, then this thread is for you. Also, discover your Forex trading personality in the School of Pipsology. |
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10-31-2009, 05:18 PM
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You're just in denial. 
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10-31-2009, 05:23 PM
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10-31-2009, 05:59 PM
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Robot Trading and Automated Trading is nothing more than putting YOUR rules into a system that guarantees that YOUR rules are AWAYS followed. NOTHING MORE!!!! So, if you are DEAD AGAINST any kind of automation, then you are just saying that you like to eye-ball some charts and don't worry if YOUR predefined rules are passing or not, just take a GUESS and make trades. Having predefined rules for when to get in and out of trades is the PROPER way to invest (or trade). Doing it manually is nothing more than gambling. You guys have been manually trading for 30 years? Well, welcome to the 21st century. Time to put away your typewriters and get a computer. The subject of this thread is "Never Lose A Trade (Theoretically)". How do you plan to do that? MANUALLY, where you will be skipping sound trading rules and guessing. The best way to do it is to start with a tool (with no rules to start) and then everyone in the group throws out trading rules that they believe in, and then slowing add rules (that everyone likes) and build the trading strategy. IT'S THAT SIMPLE. I'm not talking about VOODOO. I'm not talking about Terminator 2 where the computers come alive and take over the world. ha. Robotic trading isn't magic. It's just following YOUR rules. NOTHING MORE. It just ensures that YOUR rules all get looked at and pass before a trade gets executed.
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10-31-2009, 06:29 PM
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Put up the criteria of your EA and lets all have a good look ... lets try before we all buy. Parameters for entry/exit, max drawdown, SL & TP. You can be sure of one thing... a critical look at your 'holy grail'. 
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10-31-2009, 06:38 PM
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Second, I simply commented that I was using a robotic trading system to hold my strategies. And immediatly got beat up for putting my rules into a robotic system because apparently using automation to help ensure that your rules pass is TABOO. Third, I'm not a broker or investment advisor. Finally, I don't need a bunch of people who don't believe in automation to scrutinize over things they know nothing about (and/or don't believe in). Good luck to you and I wish you continued success with your manual trading. Since the creator of the thread is gone, I bid you farewell!
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10-31-2009, 06:49 PM
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10-31-2009, 06:55 PM
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This whole discussion would have been better over a few suds in a pub. Come to think of it, using an automated discussion system like this community board, beats the heck out of snail mail. Wouldn't you say. LOL! <little jab there at the end> Cheers! Happy Halloween!
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10-31-2009, 07:06 PM
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11-01-2009, 10:00 AM
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11-01-2009, 10:03 AM
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