xtrader16 wrote: ↑Thu Sep 03, 2020 2:47 pm
Kai wrote: ↑Thu Sep 03, 2020 2:36 pm
Seriously, why not focus on what manual does best and not what it
can't do, which is maybe directly compete with automation? Why not just look for the positives and opportunities instead of dwelling on the negatives?
I don't get it.
You just end up as your own worst enemy if you personalize every trade.
Who 'personalises every trade' it baffels me where people get these bold statements from. We live in a world were people think something, say it out loud then belive it to be true no matter what because they said it out loud. How did Society get to this point?
Surely you're talking about your own bold statements with that? Because they are the boldest by far : "Professionals use Automation - Amateurs trade manually. Decide which one you want to be."
xtrader16 wrote: ↑Thu Sep 03, 2020 2:47 pm
My point is Automation controls the order flow. Nothing more.
True or not, I don't see a problem with it either way?!
If something is automated and programmed to behave in a certain way it usually means repeated behavior, which means traders can recognize some of these patterns, which in turn means the patterns provide some of the best opportunities, which obviously means they can be actively traded and taken advantage of.
So, like I said, don't see where the problem is. If everything was completely random and beyond erratic, then the markets would be an absolute nightmare for all of us. Luckily they are not, because they a direct reflection of our strongest two emotions in fear and greed.
In other words, if you're saying that bots are ruining your day on the markets then I probably believe you. But people on here might have a problem with these sorts of dangerous generalizations offered as advice to newcomers like OP. You can understand why Peter was ticked off by that, not to mention Derek!