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Lots of changes in the way we trade and if you dont change with...

  1. 5,778 Posts.

    Lots of changes in the way we trade and if you dont change with it...in the end it will beat you.

    BOT trading and systems that set off preset triggers in any share (ABS or BNB etc)can throw any charting skills out the window...these whether we want to belive it or not will change the way we trade into the near future.

    Trading Bot's do work, and I know a couple of people that have developed their own. Traders that use mechanical trading systems can automate them through programs being developed and refined all the time

    The problem with trading bots in Australia is the brokers will not allow direct access. This means that your computer can't place orders for you mechanically. Access is available directly already in the US and you can bet it will happen here soon. It may even be possible that some traders already have access here.

    Using all the skills that are available and developed by most day traders these days and in the end human initiative this is what makes you press the red button to buy or sell.

    Can you beat a computer playing chess.answer..YES.depending on what level I have preset it at.

    Can you beat a computer share trading...answer....????

    In the end though...the resaon we are in the GAME is to make a profit...computers would also be programmed to make a profit as well...dont you just love human ingenuity.

    Best Regards
 
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