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Automated Trading
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View Poll Results: automated trading
yes 5 71.43%
no 2 28.57%
Multiple Choice Poll. Voters: 7. You may not vote on this poll

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Automated Trading

  #1 (permalink)
Elite Member
Montreal
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: Futures-oil-gold-forex
 
Posts: 39 since Jun 2010
Thanks: 5 given, 35 received

Automated Trading

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

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,651 since Mar 2010
Thanks: 4,226 given, 25,600 received
Forum Reputation: Legendary


Difficult to answer a poll, if there is no question....

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  #4 (permalink)
Elite Member
Montreal
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: Futures-oil-gold-forex
 
Posts: 39 since Jun 2010
Thanks: 5 given, 35 received

Poll

Sorry....Still working my way around......The question is Auto trader ..Yes or No

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  #5 (permalink)
Elite Member
Kos, Greece
 
Futures Experience: Advanced
Platform: Ninja, MT4
Favorite Futures: futures,forex
 
Posts: 16 since Dec 2011
Thanks: 2 given, 14 received

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.

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  #6 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received

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."
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  #7 (permalink)
Market Wizard
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 2,059 since Sep 2010
Thanks: 1,933 given, 2,782 received
Forum Reputation: Legendary

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.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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