Taming the market using robots

We’re closely watching the Crypto Currency forex market when you can refer to it as that, because of the fake data, fraud, and related problems. One thing shines – it is not so unique of FX, commodities, futures, or stocks. Market dynamics are market dynamics. And since several readers of the fine site will know already – nearly all traders lose. There’s been analysis done on this, you know how this ends. A few early investors make a bundle and thousands or millions even remain holding the bag. From one perspective, a bubble is compared to a ponzi scheme. In MLM, there are a few who amass wealth – the founders.

If you’re not the founder – how can you tell which Crypto is going to be the next Bitcoin? You don’t. You concept of. You can go to Korea and do every one of the due diligence you need, the reality is that no one can see the future and even a top analyst could be wrong from time to time.

Quant traders have similar doctrine each will share – these are smart enough to know how stupid they are. They know their own flaws and they also post to a greater power- that is Artificial Intelligence.

Computing power is now so massive that it’s entirely possible that everyone can from their own house office create a smart trading plan that does well. Needless to say, just like the laws of market dynamics, you can also develop a robot that is worth exactly zero – a huge pile of crap. When a quant bakes an algorithm it’s either priceless or worthless. If it works, he has effectively made a profitable machine. If this doesn’t happen work, there is absolutely no value to anyone not even academics.

Exactly how do you know what method works, building a functional bot or buy one? There are obvious conflicts of interest in those who sell bots. The internet has been dominated by good marketeers, while profitable quants mostly keep their ways to themselves. Selling a product, and trading a robot, are really 2 different skills.

Crypto so far has shown the same as most markets: impossible to trade.

Even though many are kicking themselves for not buying and holding, Let me tell you as being a trader and i also speak for many inside the room that there is no chance I would also have the patience to take a seat on the hugely profitable position for several years as the price goes parabolic.

This is exactly why quants develop and trade algorithms – picking entries and exits may be brain-destroying. There are dangers and risks with robots too of course, but you are of the different nature.

Choose your bot @ www.fxbot.market ANNOUNCEMENT: ROBOTS WANTED! List your robot at no cost – connect with Handy the trade copy bot and let fxbot.market do all the work for you personally.

For more info about algorithmic trading please visit webpage: this site.