Taming the market through robots

Were closely watching the Crypto Currencies market when you can think of it as that, with all the current fake data, fraud, and related problems. One thing shines – it is not so diverse from FX, commodities, futures, or stocks. Market dynamics are market dynamics. And since several readers of this fine site will know – virtually all traders lose. There’s been analysis done about this, we all know how this ends. A few early investors come up with a bundle and thousands or millions even remain holding the bag. From one perspective, a bubble is much like a ponzi scheme. In MLM, there are a few who get wealthy – the founders.

Unless you are the founder – you need to which Crypto will likely be the following Bitcoin? You seriously don’t. You have no idea. You can look to Korea and do all the homework you need, the fact remains that there is no-one to start to see the future or a top analyst can be wrong sometimes.

Quant traders have a similar doctrine all of them share – they’re smart enough to understand how stupid these are. They know their particular flaws and so they endure a higher power- that is certainly Artificial Intelligence.

Computing power is currently so massive that it must be possible that you can now off their own home office create an intelligent trading plan that does well. Obviously, much like the laws of market dynamics, you can even develop a robot that is worth exactly zero – a huge pile of crap. When a quant makes an algorithm it’s either priceless or worthless. If it truely does work, he has effectively made a money making machine. If this doesn’t happen work, there is absolutely no value to anyone even if it’s just academics.

How do we know what method works, building an operating bot or purchase one? There are obvious conflicts of interest in people who sell bots. The internet may be covered with good marketeers, while profitable quants mostly maintain their ways of themselves. Selling a product or service, and trading a robotic, are very 2 different skills.

Crypto up to now has proven exactly like most markets: impossible to trade.

Although are kicking themselves for not buying and holding, Let me tell you like a trader and i also speak for most within the room that there is absolutely no way I’d personally have experienced the patience to take a seat on a hugely profitable position for 3 years while the price goes parabolic.

That’s why quants develop and trade algorithms – picking entries and exits may be brain-destroying. There are dangers and risks with robots too of course, however they are of the different nature.

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