Disliked{quote} But what is the difference between a properly adjusted artificial intelligence and a human brain ? Well if the indicator is "smart" ,then nothing, it has the same pattern recognition function than the human brain has. +It's much faster, and it can process more data than a conscious brain can (the unconscious brain is really hard to master, so i would not trust it) +It removes totally the emotional side. Win - win situation, i would choose the artificial method. 'Ignored
A. Computers - I think a retail trader will always lose because the pro's have bigger and better computers.
and programs that look for retail programs
B. I think any tool(s) (real tool) can give the trader an advantage the edge which is what we need.
1. the simpler the tool(s) the better ie. SMAs are better then EMAs -- CCI is better the MacD
2. one or two tools all you need - three at the most
3. the good things about a tool(s) is it does help set up rules to take out the emotions from trades
4. But the trader must understand the tools and how to use it(s)
5 do not use a tool(s) to trade - rather to set up - The reason is they lag so a trigger it will kill you.
- only enter a trade on price action
- but use tool(s) for ie, trend or strength or momentum or Divergence or over bough/over sold that is it
6. tools like Fibbs or floor PP or any PP other then price swings are not real.