Machine trading is not new thing, it popular in 80sThe 1987 Stock crisis is partially due to machine trading or automatic trading.
The selling point is triggered, then all the machine is selling.
Even today, some very successful traders do in this way and they have good return.
There is no one perfect system can win all the long term run, so you may also need to adjust your system sometimes.
Hope you can succeed to be a good trader.
You got the great point!:)
There is no Holly Grail in the world since market is keep on changing, but the cycling characters of the market is also a fact. Especially Forex, not like Stock market, it is hard to manipulated drastically by any individual(I know some brokers may do some tricky stuff, but believe me their business wont last long if they keep on doing that, as well, their manipulation is relatively minor compare to what ppl can do to individual stock....), therefore, it should be more predictable compare to later.
You are right, keep on adjusting is very necessary for an Auto system. In fact, able to adjust according to market condition and cycles should be one of features of any great auto systems.
At last, investment is an art, should never be gambling! :)
You are right, keep on adjusting is very necessary for an Auto system. In fact, able to adjust according to market condition and cycles should be one of features of any great auto systems.
At last, investment is an art, should never be gambling! :)