So what will all these people do, if the "algorithm" changes? What will the people say then? What will be the next excuse or "reason"?
Let me be very clear. I operate as assuming there IS and there is NOT something in my trading, simultaneously. This way I am more ready instead of being 2 steps away from crapping my pants because I assumed wrong. Make sense? With this thinking, I am prepared for real world events as well as chart events. Having MORE tech now does not improve your chances of being successful if you believe that very tech is "out to get you" or some variation of this thinking. Why trade at all if you're scared of the boogeyman?
I think the people who talk about these stories, are forgetting one rather important thing - you're still alive. Whether you trade or not, you better hope and pray that there isn't this kind of tech out there active in the world. I'll leave you to think about that for a while, instead of your usual petty self indulgent personal interests. Losing or making money from "Algo" derived and controlled money markets should realistically be the LEAST of your concerns.
Peter
Let me be very clear. I operate as assuming there IS and there is NOT something in my trading, simultaneously. This way I am more ready instead of being 2 steps away from crapping my pants because I assumed wrong. Make sense? With this thinking, I am prepared for real world events as well as chart events. Having MORE tech now does not improve your chances of being successful if you believe that very tech is "out to get you" or some variation of this thinking. Why trade at all if you're scared of the boogeyman?
I think the people who talk about these stories, are forgetting one rather important thing - you're still alive. Whether you trade or not, you better hope and pray that there isn't this kind of tech out there active in the world. I'll leave you to think about that for a while, instead of your usual petty self indulgent personal interests. Losing or making money from "Algo" derived and controlled money markets should realistically be the LEAST of your concerns.
Peter
Real Trading is not gambling.
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