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Hi,
This forum has and continue to help me in my trading
I would like to have some feedback of Automated trading versus manual..Pros and cons..Thank You
Can you help answer these questions from other members on NexusFi?
As far as I am concerned, I prefer manual trading.
I could use a tool that would check some variables and filter situations but I do not like having a robot trading.
Definite auto trade if can program or have your strategy programmed. Simply said I go sip Mint Juleps and let the machine perfectly carry out my commands. Only time I really look at is if trade triggers. I get alerted on my phone and will keep an eye on things while active in market. Staring at screen all day no thanks. There are other reasons but this alone is enough to consider it.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
It takes the same amount of discipline to trade automation as it takes discretionary.
I cant write a big post about it, but I would end it,nevertheless, withe the same statement above.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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