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1  Economy / Trading Discussion / Questions about Algorithmic trading , Automated trading on: April 07, 2020, 02:42:09 PM
I Never had algo trading done or developed an software , strategy , I have seen some videos of it in youtube

Dont laugh at my questions   Smiley

Q1 : In future there will be more bots trading then human because of Algo trading ?

Q2 : What analysis we use now Technical and fundamental or what ever XYZ analysis will it work in future ?

Q3: what it will be like only bots trading ( for even small profits bots can put 100s of trades )  will this spoil whole trading system we use ?

Q4 : If we want to make profits ALL we have to do is a develop a strategy and code them and let bots do the work and put profits into our bank account ?

so in simple i want to know

how will Algo trading be in future , what happens to traditional systems that we use now , how will be future of trading  (may be after 10years from now )
2  Economy / Trading Discussion / Risk management , how ? on: February 01, 2020, 07:58:54 AM
successful trading is about managing risk minimising it as possible  as we can , i have read that with correct risk management even with flipping a coin we can do trading and be profitable

i want to know what methods/rules  are there to minimise risks
3  Economy / Trading Discussion / Risk management on: January 20, 2019, 07:38:04 PM
there are many traders who dont care about risk reward trust me this is what necessary to survive in trading

so how to do it
 
case 1= 80% accuracy 8/10 trades are profitable RR IS 1:1        (2$ SL AND 2$ TP ) good trader accuracy
16$profit / 4$ loss  = 12$ profit
case 2=50% accuracy 5/10 trades are profitable RR is 1:1      average trader accuracy
10$profit /10$ loss=0$ profit
case 3 =30% accuracy 3/10 trades are profitable RR is 1:1      bad trader accuracy
6$profit/14$ loss=14$ loss

now accuracy is same but lets increase RR ratio 1:2             (2$ SL AND 4$ TP)
case 1= 80% accuracy 8/10 trades are profitable RR IS 1:2
32$profit / 4$ loss  = 28$ profit
case 2=50% accuracy 5/10 trades are profitable RR is 1:2    
20$profit /10$ loss=10$ profit
case 3 =30% accuracy 3/10 trades are profitable RR is 1:2    
12$profit/14$ loss=2$ loss

compare RR 1:1 and 1:2 see how profit increase and loss decrease doing like this will give you confidence because you know the risk

Now lets learn something about position sizing

here comes question   whether to buy same quantity for all Risk reward trades
no

good RR trade 10coins lets assume  ( 1$ is SL and 4$ is take profit )
10 coins   40$ profit /10 $ loss
suppose you want to increase risk you have to manage with quantity size so that it will match your RR  ( 2$ is SL and 4$ is take profit)
5 coins    20$ profit/10$ loss
see risk is same this is how you trade more risk trades

1) what to do is you dont get good RISK REWARD TRADE
simple dont trade that day protect your capital and search for trades next day

2) how to increase accuracy  Grin
you have to do that by learning and developing new strategy and system

3)dont take trade which is less then 1:1 RISK REWARD

4)do this if you are making loss

5) good trading is all about managing risk because thats is what you can control you dont know how much reward you will get you cant control it
4  Economy / Economics / welcome bulls , Bye bears on: December 15, 2018, 02:57:26 PM
This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be bull market and I make more profits  Grin 

many investors are in same hope only ?? I would like to know what you guys think about next year,
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