Markets have been extremely volatile lately and I’ve started wondering whether manual trading actually works better than algos in these conditions.
Algos obviously have advantages like speed and emotionless execution, but during sudden reversals and messy price action, sometimes it feels like experienced discretionary traders adapt much better.
So wanted to ask:
- Are you trading manually or using algos?
- Are rule-based algos still working properly for you?
- Is AI trading actually useful for retail traders or mostly hype?
Well for me its all manual order processing. Mostly because
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Can’t get all these python, Static IP and the latest tech surrounding automated trading into my head.
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On an Intraday perspective, I’m in the arena to spend some spare time and keep my mind busy. Manual Trading and Analysis gets the job done for people who want to be busy.
And about the AI, In India I think traders and investors are still caught in the loop of using century old indicators and outdated principles to find answers using AI and cant think outside the box. Unless that perspective changes and focus towards statistical and mathematical probabilities, based on multi dimensional granular data , AI is not much useful in the current form as accessible to the retail crowd. .