Learning profitable automated trading

You should only be trading three to four trades a year, the automated systems do pick those trades

Sitting infront of a computer sweating ,tense,missing trades , frustrated and bonkers with same old underwear 250 days a year..

I used to optimise strategies , but gave up in favour of robust systems.I found the strategies needing optimisation failed sooner or later.

If you look at market conditions over a period of time, and I am talking about currencies,there is no fixed time or pattern as to how long current market conditions will remain in place, or when they will change, and to what market conditions.

Optimisation can work but you gotta know what exactly to optimise.This is why one needs to have expert knowledge in the instruments traded.Re optimisation will work if expert knowledge is applied.

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Misconception:If rule based automated systems can produce a profitable strategy, a manual discretionary should be able to do exactly the same as a computer.

Manual traders suffer from all the disadvantages and weaknesses.

its not a misconception, your thread demonstrates perfectly how crap these systems are

How come 95% of traders lose money when such profitable and robust methods are considered crap?Are they using crappier methods?

Ok look.. I think we are on the same page as far as using mechanical systems is concerned, however some of your responses are a bit flaky and indicate lack of clarity in your thinking.

Of course a system needs to be robust, it goes without saying.

You don't use optimization? Wrong. Any system you use will have at LEAST 4 parameters, and how did you select them.... you just guessed? And having guessed these numbers, you didn't then think to see how your system might have worked if you altered them slightly? You're being economical with the truth OR your thinking is woolly.

Bill Dunn at Dunn Capital re-optimizes every now and then, and he has considerably more money than you.

You're on the right track but your pseudo-scientific responses betray a lack of thorough understanding at times.

i would bet that the ratio of failed discretionary traders is lower than failed automated heaps

The number of failed discretionary traders is probably in millions >xm +, number of failed automated heap < 100k