Does Fully Automated Trading Software Work? by James Breen
Can fully automated trading systems be profitable? What about drawdowns? Is it possible to set up your software to trade your account and then go on your way, or is that idea too good to be true? We’ll take a look at automation and what you might need to do to keep your system working.
There’s been some debate as to whether fully automated trading software systems are a valid approach to trading. This is probably no surprise, since some systems introduced might have worked for a while, only to fail miserably later ...