RE: RE: Think Again....
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RE: Think Again....

erikah(83)
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Ideally, I'd create some kind of bot or AI agent that does it for me, but I guess that goes back to the whole being smarter thing.

I know a lot of people who have been trying to do that. The common belief is you can just build a bot and money is pouring in. The brutal truth is, you have to be an exceptional trader, work with the best coder, to optimize the bot for every possible and impossible situation and even so, there are no guarantees the bot is going to work 100% efficiently. Efficiently doesn't mean profitably though.

I have a friend who's close relative took his own life due to such a bot. They built it, everything was perfect, money was pouring in, till market conditions changed and a lot of influential people lost a lot of money. I've been trading for a few years now, but would never trust a bot 😬

So you can put this thought to rest as it would bury you alive, before you would make some profit 😃