Taming the market using robots

We’re closely watching the Crypto Currency Market if you’re able to think of it as that, with all the current fake data, fraud, and related problems. One thing stands apart – it is not so unique of FX, commodities, futures, or stocks. Market dynamics are market dynamics. And since many readers on this fine site will know already – virtually all traders lose. There’s been analysis done on this, everyone knows how this ends. A few early investors come up with a bundle and thousands or millions even remain holding the bag. From one perspective, a bubble is similar to a ponzi scheme. In MLM, there are a few who get wealthy – the founders.

Unless you are the founder – you need to which Crypto will probably be the subsequent Bitcoin? You don’t. You concept of. You can turn to Korea and do all the homework you desire, the reality is that no one can see the future as well as a top analyst can be wrong occasionally.

Quant traders have the same doctrine each will share – they’re smart enough to find out how stupid these are. They know their very own flaws plus they post to a better power- that is Artificial Intelligence.

Computing power is currently so massive that it is likely that everyone can from their own home office create a brilliant trading system that does well. Obviously, as with the laws of market dynamics, you may also build a robot which can be worth exactly zero – a large pile of crap. When a quant bakes an algorithm it’s either priceless or worthless. If it works, she has effectively made a wealth creation machine. If it doesn’t work, there’s no value to anyone not really academics.

How do we understand what method works, developing a working bot or acquire one? There are obvious conflicts appealing in those that sell bots. The internet continues to be covered with good marketeers, while profitable quants mostly keep their strategies to themselves. Selling a product, and trading a robotic, are actually 2 different skills.

Crypto up to now has shown exactly like most markets: impossible to trade.

Although many are kicking themselves due to buying and holding, We can tell you as a trader and that i speak for a lot of in the room that there are absolutely no way I would have experienced the patience by sitting over a hugely profitable position for 3 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 naturally, however they are of an different nature.

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