I had this question since i start trading couple of years ago .. and i never had answer on it ..
All manual trading systems i know, i read about, i trade .. at some point can be automated.. probably a bit difficult, probably we don't have EA yet for it .. but it can be automated !
think about it .. all system have some kind of rules sort of
(line crossing, candle close above/below, S/R line rejection .. pattern, etc)
and all this can be automated in fact many -if not all- better to be automated!
even the Elliot wave based systems, (witch might not yet automated on MT4 as long as i know) it can be, and theoretical talking you might recognize/suggest 1-3 EW count, but computer will see them all even what at the moment you don't really see (as counting)
don't get me wrong here, my main income from trading is from Manual trading, but i've this question all time i'm trading manual ..
"Why i'm investing time trading this system that can be automated , when i can invest half time Automating it or developing it as automated system like EA"
i remember the old days registration form, without CAPTCHA the spammer/scamer used automated system to register / submite form etc .. then, they come with CAPTCHA by dif "is a type of challenge-response test used in computing to ensure that the response is not generated by a computer."
that make it almost impossible to automate registration/submission of data .. CAPTCHA proved that we can deferential Human being response from computer or computer systems response,
WHAT IS THE TRADING CAPTCHA ?? what it look like, do you know any ?? or can you imagine it?? i mean can you imagine trading system, computer system, or automated system on other word can't response to it but Human being??
All manual trading systems i know, i read about, i trade .. at some point can be automated.. probably a bit difficult, probably we don't have EA yet for it .. but it can be automated !
think about it .. all system have some kind of rules sort of
(line crossing, candle close above/below, S/R line rejection .. pattern, etc)
and all this can be automated in fact many -if not all- better to be automated!
even the Elliot wave based systems, (witch might not yet automated on MT4 as long as i know) it can be, and theoretical talking you might recognize/suggest 1-3 EW count, but computer will see them all even what at the moment you don't really see (as counting)
don't get me wrong here, my main income from trading is from Manual trading, but i've this question all time i'm trading manual ..
"Why i'm investing time trading this system that can be automated , when i can invest half time Automating it or developing it as automated system like EA"
i remember the old days registration form, without CAPTCHA the spammer/scamer used automated system to register / submite form etc .. then, they come with CAPTCHA by dif "is a type of challenge-response test used in computing to ensure that the response is not generated by a computer."
that make it almost impossible to automate registration/submission of data .. CAPTCHA proved that we can deferential Human being response from computer or computer systems response,
WHAT IS THE TRADING CAPTCHA ?? what it look like, do you know any ?? or can you imagine it?? i mean can you imagine trading system, computer system, or automated system on other word can't response to it but Human being??