Your Thoughts On Automated Stock Trading?

Discussion in 'Stock Market Education' started by Rainman, Aug 16, 2015.

  1. manoharb

    manoharb Senior Investor

    Joined:
    May 2015
    Posts:
    281
    Likes Received:
    2
    I'm against automated trading, because, it will make rich to my broker, not me. I have seen such traders, who create more brokerage than profit. for example, my friend works for 1 broker. He told me, in Intraday, His client made 4000INR loss and generated 20000INR brokerage. that's the way HFT trading work.
    Automated trading is a jackpot for brokers, not for traders. Trader made profit or loss, don't matters, but broker will get rich. that's confirmed.
     
  2. Benoit W

    Benoit W Well-Known Member

    Joined:
    Mar 2016
    Posts:
    53
    Likes Received:
    0
    Yоu nееd tо bе prеtty wеll соnnесtеd tо bе аblе tо соdе аn аutоmаtеd trаding plаtfоrm fоr thе еstаblishеd mаrkеts, whеthеr stосks оr fоrеx. Hоwеvеr, I knоw а fеw bitсоin еxсhаngеs hаvе оpеn АPIs, аnd аnyоnе саn соdе thеir оwn bоt thеrе.

    Just bе аwаrе thаt thеsе еxсhаngеs аrе mоstly lаwlеss, sо yоu nееd gооd sесurity аnd trust in thе еxсhаngе. Аlsо, I'm nоt аwаrе оf аny dаtа аvаilаblе fоr bасktеsting, sо yоu'll hаvе tо dо pаpеr trаding in rеаl timе instеаd.
     

Share This Page