Jim Simons on algo trading

Most of the beginners will have this false assumption that in algo trading computer will take all the trading decisions but algo trading is just an type of execution methodology where computer executes the trades based on the rules we gave input.

Please refer this video step-by-step instruction on how to use SQUAREOFF TRADING BOTS

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[revooshnoj]

"the computer does what you tell it to do"

[i]

Lol exactly...not everyone knows how to use the tool, good equipment, computers, film cameras...couldn’t agree more

[adi]

Trading Bots only make trades, manage trades its on your hand make plan about risk managment

[konsyansnou]

As my computer programming teacher would say:"a computer is not smart, you make it by dictating your programming"

[moonwalker-if]

A computer is a conciousness and cognitive creative tool. In trading once you get the skill of playing the game...
"you can make as much money as you want." Mark Douglas

[nn]

But without tools we are nothing in this era.
If you know about each and everything about technicals and fundamental analysis but you dont learn about algo, machine learning you can't survive for the next level...

[Rainy_Day]

The speed at which transactions are made and executed now make all the difference. There’re no magic formulas.

[tradrevrr]

Exactly right…and that’s why we should be concerned about AI and its supposed ability to learn on its own. Computers today are “dumb” and do only what you tell it. Tomorrow’s computers are “smart” and should have strict safety protocols built in.

[alexstraz]

I humanize my computer though. It does all the work. I'm just the operator.

[khurramqasir]

I think people confuse computation with intelligence. It's one slice of intelligence not all of intelligence.