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Author Topic: Trade like Robot (Robot doesn't have emotions)  (Read 167 times)
Ndabagi01
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April 05, 2023, 11:43:32 PM
 #21

I am right at predicting the next move, but, my emotions are not in control they make my trade go wrong by moving stop loss, increasing leverage.
Is it correct statement that we should trade like robot ?

Go ahead and trade as one if you want to maximize your profits. It is much more difficult to pretend to be someone you are not naturally to others than it is to use a robot that is not even human but acts like one. If you can't control your emotions while trading, even if you pretend to be a robot, your emotions will come back to haunt you and cause you to lose a lot of money.

If you're convinced you can predict the next move, I recommend you work on your emotions and decision-making process. This will assist you in better preparing for trading and making every moment of trading worthwhile.

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dbc23
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April 05, 2023, 11:50:18 PM
 #22

Do you think bots are always right? Bots too make messy predictions too, just that they make more correct predictions than humans if they are well modelled. As for emotions humans are bound to have emotions has long has blood keeps flowing through their veins, Bots don't have emotions because they are virtual and inanimate but their own limitations also happen which occurs mainly when the trend becomes complex or when the market appears different from what they were trained with.
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April 05, 2023, 11:52:44 PM
 #23

But when you start trading like a robot, you will not be able to enjoy how fun trading is. you can't act like a robot no matter what. You are bound to be swayed by many sentiments. all you need to do is practice how you trade, apply the right strategy and don't violate the strategy or plan that has been made. All of that can be done correctly with good trading discipline. Don't try hard to be like a robot, humans are smarter in processing anything, using feelings to make a decision is important. To be sure you have to fully master the science of trading.
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