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

 
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  #1 (permalink)
 Karol2000 
Ottawa + Ontario/Canada
 
Experience: Beginner
Platform: Ninja
Trading: Futures-oil-gold-forex
Posts: 39 since Jun 2010
Thanks Given: 5
Thanks Received: 36

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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  #3 (permalink)
 
Fat Tails's Avatar
 Fat Tails 
Berlin, Europe
Market Wizard
 
Experience: Advanced
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Difficult to answer a poll, if there is no question....


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  #4 (permalink)
 Karol2000 
Ottawa + Ontario/Canada
 
Experience: Beginner
Platform: Ninja
Trading: Futures-oil-gold-forex
Posts: 39 since Jun 2010
Thanks Given: 5
Thanks Received: 36

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


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  #5 (permalink)
 capsmart 
Kos, Greece
 
Experience: Advanced
Platform: Ninja, MT4
Trading: futures,forex
Posts: 14 since Dec 2011
Thanks Given: 2
Thanks Received: 16

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)
 
liquidcci's Avatar
 liquidcci 
Austin, TX
Legendary Market Wizard
 
Experience: Master
Platform: ninjatrader, r-trader
Trading: NQ, CL
Posts: 871 since Jun 2011
Thanks Given: 611
Thanks Received: 1,109

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)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,494 since Sep 2010
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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.


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