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ESL Financial Freedom?

post #1 of 2
Thread Starter 

Have been on and off the trading floor for years, the best commercial systems I've found have been either developed by or endorsed through ESL. On a personal level they have not really been players until the past 5 years where they now offer both intraday and end of day systems for private investors.

 

With the advent now of automated and robotic trading systems I'm curious to know of others experiences with this type of system, whereby you input your parameters and sit back as the machine trades directly through your broker. Any thoughts on this as a potential future of trading? Obviously there is and has been an element of this in commercial trading for a long time, but is technology now at a level whereby the machine can act out our everyday trading decisions?

post #2 of 2

You mean like HFT?

No, terrible. Hate it.


My only reason is that this would mean anyone could make money and I would have to go back to working overtime to pay for my friday nights in the city, even though I doubt it will work because if too many people use the same system there will be no one on the other side to sell or buy from.

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