Trading Psychology Podcast Ep50: Why Not Just Automate?

[@jacobnotte3699]

As a code trader, I can confirm that you are correct, Rob. The forever algo was why I got into it, but there is just no such thing and you must adapt your strategies as the market changes.

[@fatsoaok6749]

I miss these videos! THANK YOU FOR CHANGING MY LIFE WITHOUT ASKING FOR MONEY!!!!!

[@valeriomuscas4805]

I wait for your episodes like a kid waits for gifts on Christmas day! Every episode is a great surprise! Thank you so much VP and Rob for the great efforts in bringing the real good stuff to us! 😊

[@hijack80]

I just love this podcast/series so much. Thanks VP and Robb

[@valencetradingsolutions9223]

What a refreshing podcast! We felt so represented and validated in our approach to automation. Thank you, VP and Rob.

[@kahlan4428]

Thank you for 50 amazing episodes! The value this channel and this podcast in particular provide is incredible. Love the way you guys approach and unpack the different topics. I can't express how helpful all this information is during my own journey to trading success. Thanks again and I selfishly hope that list full of ideas for future episodes will never be empty ❤

[@cguillaume9285]

I never miss on of this 50, well done about you 2. Hie from France

[@mukandageorge6031]

Thanks a lot for this energizing episode and all other episodes on trading psychology. You have really given me the necessary insights into this important topic. Keep it up.

[@fetti9532]

Congrats on the big 50 boss!

[@Porphyrogenitus1]

Thanks, gents! Great discussion. Was looking forward to this topic and it was worth the wait!

[@mickeytanadi]

Hey VP and Rob, a thought provoking question in this conversation! 39:18 If the system can be underperformed in the future, with or without automated entry-exit, so how to backtest it properly? Since backtesting is the way we ensure the system at least working in the past. If VP see this and answered already somewhere in your older video, pls give me a hint 🫡🤔 Anw congrats for the fiftieth episodes!! You two did amazingg

[@MikeyDavis]

I disagree with the absolute positions Rob took, but overall I think this was the best episode yet. My only disagreement is that it’s absolutely possible to have an automation that doesn’t need updating. You always want to have checks in place of course to make sure that all of the commands are being processed properly, but as far as strategy goes, you can absolutely set and forget any strategy that is based on immutable fundamentals, and only operate when there is sufficient volume.

[@Aegis_Mind]

I think it would be neat to answer a question from the comments of the previous episode, after you do the main topic. And yeah, I didn’t think you’d go past 25 episodes when you started this. Kudos. It’s been great.

[@malinowskidrums]

I love your guys podcast! It’s really helped me A LOT. I do have 2 concepts that I would love you guys to cover, though. I’m sure people on the newer side can relate: 1) how do you find good strategies? I have a great mentality when I trade (I have a few good strategies already) but my problem is where/how to find new good strategies. There’s so much crap online it’s hard to know who to trust with my time on, when I find a strategy, putting in all the backtesting time. 2) let’s say you have a strategy that works for both Long and Short- what do you do when you have signals fire for both directions? Maybe just the one that triggered first? I appreciate you guys even reading this.

[@NoNonsenseForex]

For 2), you should never have a system that does that For 1) This channel shows you exactly how to do this

[@LukaszAdams]

So Basicly you can go autmated your strategy but you need from Time to Time optymalize your EA when drawdown is out of hand or data.

[@louismochine4756]

This really does apply to the nnfx algo, how much sample size do you need to decide if what worked yesterday will work tomorrow?

[@fetti9532]

Also thanks for covering this, was/is a big topic for me

[@theanimationstation9644]

Brilliant as always guys good job on this one, I am on the fence about automation but not sure I’ve found a good enough exit indicator but I keep testing and looking at all different ones Thanks again guys

[@sreed3819]

15 min of history? Good info after.

[@theonething4706]

I am using EA for over 10 years I see only positive results

[@fetti9532]

why was i scared to listen to this

[@VidSelector]

That's now why they built the wall.