Taming the market with robots

We’re closely watching the Crypto Currencies market if you can think of it as that, with the fake data, fraud, and related problems. One thing shines – it isn’t really so distinct from FX, commodities, futures, or stocks. Market dynamics are market dynamics. And since many readers of this fine site will know – virtually all traders lose. There’s been analysis done for this, you know how this ends. A few early investors make a bundle and thousands or millions even are still holding the bag. From one perspective, a bubble is a lot like a ponzi scheme. In MLM, there are some who get rich – the founders.

If you’re not the founder – can you be sure which Crypto will be the following Bitcoin? You really don’t. You have no idea. You can turn to Korea and do every one of the required research you would like, in reality that it’s impossible to see the future and even a top analyst can be wrong sometimes.

Quant traders have similar doctrine each of them share – they are smart enough to find out how stupid they are. They know their unique flaws and they post to an increased power- that’s Artificial Intelligence.

Computing power is currently so massive that it is likely that now you may from their own house office create a smart software system that does well. Needless to say, much like the laws of market dynamics, it’s also possible to develop a robot that is worth exactly zero – a large pile of crap. When a quant makes an algorithm it’s either priceless or worthless. If it really works, he has effectively designed a money making machine. If it won’t work, there’s no value to anyone not really academics.

Exactly how do you understand what method works, building a working bot or acquire one? There are obvious conflicts of interest in people who sell bots. The internet may be covered with good marketeers, while profitable quants mostly maintain their ways to themselves. Selling a product, and trading a robot, are actually 2 different skills.

Crypto thus far has shown the same as most markets: impossible to trade.

Although many are kicking themselves due to buying and holding, Let me tell you like a trader and that i speak for most space there’s no chance I’d have experienced the patience to take a seat over a hugely profitable position for 3 years even though the price goes parabolic.

This is why quants develop and trade algorithms – picking entries and exits may be brain-destroying. There are dangers and risks with robots too naturally, but they are of the different nature.

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