What can be done with automated trading and what can only be done with manual trading

There is a decisive difference

In automatic trading, trades occur once entry conditions are met, so

manual trading cannot provide the discretionary power available in automated trading

We trade even in trades that should be naturally avoided

Even for automatic trading, with some ingenuity

you can make it resemble manual trading

but both are still performed by machines

so it cannot become manual trading

In manual trading, the discretionary aspect is its strength

Therefore, if you trade manually, make the discretion your advantage

For example, I’ll illustrate with moving averages

When aiming for the third wave of Dow Theory with a moving average

If you think discretionary, you can time it

If you wait for a certain period, you can focus solely on the trade timing

If you think in terms of discretion

If you think in terms of number of trades

If you think in terms of success and failure

Manual trading is superior to automatic trading

Let's perform superior trades manually

Taking advantage of what automated trading cannot do is the role of manual trading

And in automatic trading

let's incorporate a logic that “necessarily increases capital” and a logic that is “feasible given market conditions”

Other auto-trading logics are “unnecessary”; rather, they can be a hindrance