These machines dont know fear or greed; they just simply know how to make money ahead of everybody else. Day traders who have been at this craft for some time will easily attest to the fact that it has become much harder for them to make money in the markets today.
Trading with a stop loss has become like walking around with a target on your back, even the best of trade entries go through multiple gyrations of loss and profit before any decent profit can be realized.
Day traders today more than ever before must approach the market differently, they must employ a structured and strategic approach to all of their trading.
They must learn to understand the parameters that are used in developing the algorithms; they must learn to develop their own edge in trading against these machines.
At strategic trading we believe that the human mind will always triumph over machines, we are continually working on developing and teaching new trading strategies that can allow individual traders to compete in the dynamic financial markets.
When evaluating trading systems, many people first look at winning percentage (degree of "rightness"). They will, out of hand, dismiss any system below their objectives, which is typically 75% wins or higher. Worse yet, many people will try to be right by refusing to take a loss. Unfortunately, losses left open tend to get larger and larger, making the situation even worse. Stock Trading System
These algorithms are able to execute millions of orders in a fraction of a second and can scan dozens of public and private marketplaces all at the same time. They can process information and data at lightning speed, they can spot trends before other traders can even blink, they can modify orders and change strategies within milliseconds.
Trading with a stop loss has become like walking around with a target on your back, even the best of trade entries go through multiple gyrations of loss and profit before any decent profit can be realized.
Day traders today more than ever before must approach the market differently, they must employ a structured and strategic approach to all of their trading.
They must learn to understand the parameters that are used in developing the algorithms; they must learn to develop their own edge in trading against these machines.
At strategic trading we believe that the human mind will always triumph over machines, we are continually working on developing and teaching new trading strategies that can allow individual traders to compete in the dynamic financial markets.
When evaluating trading systems, many people first look at winning percentage (degree of "rightness"). They will, out of hand, dismiss any system below their objectives, which is typically 75% wins or higher. Worse yet, many people will try to be right by refusing to take a loss. Unfortunately, losses left open tend to get larger and larger, making the situation even worse. Stock Trading System
These algorithms are able to execute millions of orders in a fraction of a second and can scan dozens of public and private marketplaces all at the same time. They can process information and data at lightning speed, they can spot trends before other traders can even blink, they can modify orders and change strategies within milliseconds.