With an algorithmic trading system, trading works differently. There are no optical signals that need to be processed, but concrete numbers. Life should be easy, but often it is not. For example, when you have no time to do what you want. We do back tests again and again and again. With an automated system, it is almost effortless to do a few hundred or even thousand trades within a few minutes. The only things that you can change is when you trade, how much you trade and when you close your positions. With automated trading, you can get real insights within a few minutes. A pilot needs to increase the speed on the runway before the takeoff. But the runway is short. If the speed is too high or if the pilot misses the right moment to get off the ground, the plane might crash into the fence. In my opinion, good automated trading is very boring. We have seen the Euro go down for several years. That might maybe be a problem for several currency pairs because it looks like a
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)