Automated trading really works.

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Old Apr 27, 2016, 11:31am   #16
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Automation may be very profitable if it can have a series of criteria enabled into it. Lot of 'ifs' and 'buts' will need to be incorporated. Otherwise, I feel discretion will need to be used to get the best out of it. But if discretion is used then it's not truly automated is it?
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Old Apr 27, 2016, 2:09pm   #17
 
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Well if anyone knows of a profitable EA I am willing to take a look.
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Old Jul 18, 2017, 9:51am   #18
 
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Well if anyone knows of a profitable EA I am willing to take a look.
Some robots are profitable short term but I never saw any robot what is profitable in the long run.

Truth is 'context is king' and simple 'if/then' rules as used in robots are not enough.
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Old Jul 29, 2017, 8:35pm   #19
 
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If you have a systematic approach to the market it is very easy to automate your system using your broker API and it is much better than to watch screens all day long and miss something because you went to the can for example... This is the ultimate goal to develop a system that will run on autopilot without human intervention and your job should be to only monitor the system and watch for bugs or small improvements... In my case I am more concern with disaster recovery strategies right now, e.g. what will happen if my broker or the company I am hosting servers with suddenly went bankrupt or something...
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Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jul 29, 2017, 10:24pm   #20
 
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In my case I am more concern with disaster recovery strategies right now, e.g. what will happen if my broker or the company I am hosting servers with suddenly went bankrupt or something...
Counterparty risk. Spread it about a bit. Only keep a percentage in your broker accounts, if things get hot you can always top up. If they really go bye bye then you still have some roll left.
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Old Jul 29, 2017, 10:42pm   #21
 
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Counterparty risk. Spread it about a bit. Only keep a percentage in your broker accounts, if things get hot you can always top up. If they really go bye bye then you still have some roll left.
Actually I am thinking of splitting my account between different brokers and now I am testing their APIs and since they are government regulated and insured I won't lose my money - just won't have access to them until the bankruptcy is settled in the worst case scenario...
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Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jul 29, 2017, 10:43pm   #22
 
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In my case I am more concern with disaster recovery strategies right now, e.g. what will happen if my broker or the company I am hosting servers with suddenly went bankrupt or something...
Totally agree with your concerns
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Old Oct 9, 2017, 11:52am   #23
 
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Since the topic is on automation, do check out [Link Removed]. It is a stock automation platform we've been working on.

Thanks
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Old Oct 9, 2017, 12:01pm   #24
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Since the topic is on automation, do check out [link removed]. It is a stock automation platform we've been working on.

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Why don't you make profit with it ?

Last edited by Trader333; Oct 15, 2017 at 4:03pm.
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Old Oct 11, 2017, 11:26pm   #25
 
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But I think, manual trading is much better and we can have much hope from manual trading than an automated trading.
Try FXCM Supertrend with an easy to use VPS FXcolo.com. Do not use BEEKS which has poor customer relations.Trade the most lucrative studies which are EUR/USD; Cable; USD/JPY and I add GBP/CHF which tends to be volatile when Cable is. Expect an 80% success rate.
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Old Oct 12, 2017, 9:41am   #26
 
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Why don't you make profit with it ?
We are not stock traders. We made the platform so that traders could take advantage from it. Users can create their own trading strategy and the platform will make trades according to the strategy. Do check it out.
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Old Oct 12, 2017, 2:51pm   #27
 
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We are not stock traders. We made the platform so that traders could take advantage from it. Users can create their own trading strategy and the platform will make trades according to the strategy. Do check it out.
I admire your idea, but to win over real traders, you have to have a very strict (like PCI) standard to prevent your employees to see your customers trading systems and all this have to be audited by reputable 3rd party on a regular basis, otherwise I am not sure who in their right mind will put a winning system on your platform...
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Oct 12, 2017, 4:37pm   #28
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We are not stock traders. We made the platform so that traders could take advantage from it. Users can create their own trading strategy and the platform will make trades according to the strategy. Do check it out.
That's like me saying: I am not a plane maker, but I made one. Would you get on it and be a passenger ? I will give you discount ticket.
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Old Oct 12, 2017, 6:20pm   #29
 
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That's like me saying: I am not a plane maker, but I made one. Would you get on it and be a passenger ? I will give you discount ticket.
It is even worse, because they are actually trying to fly their own plane with disastrous results, as you can see on the link bellow, they are running their own portfolios, here is one strategy, called "Golden Cross Strategy" which shows -91.2%, I bet this is all simulators and no real money involved, because who in their right mind will lose almost all their money on a single trade -$89,632.40 out of $100k

https://www.investfly.com/portfolio/216078
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Oct 13, 2017, 11:31am   #30
 
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It is even worse, because they are actually trying to fly their own plane with disastrous results, as you can see on the link bellow, they are running their own portfolios, here is one strategy, called "Golden Cross Strategy" which shows -91.2%, I bet this is all simulators and no real money involved, because who in their right mind will lose almost all their money on a single trade -$89,632.40 out of $100k

https://www.investfly.com/portfolio/216078
We have users who have set up their strategy and are live trading. They test multiple strategies in simulation and then only set up profitable strategy to their live portfolio. There is option to set up private portfolios.
The sample strategies are just examples on how to set up strategies for new users. Live(broker connected) portfolios are not visible to the public.
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