【Part 2】 About Fully Automated Trading (EA) and Semi-Automated Trading (Semi-Discretionary EA)
Good evening, this is a barber shop!
This article is【Part 1】 About Fully Automated Trading (EA) and Semi-Automated Trading (Semi-Discretionary EA), this is the latter half.
We discussed the differences between EA and semi-discretionary EA from these three perspectives:
① Effort
② Flexibility
③ Profitability
From these three viewpoints, how do EA and semi-discretionary EA appear?
In the【Latter Half】, I would first like to explain semi-discretionary EA.
Regarding ①, in terms of labor, it is inferior to fully automated EAs, butcompared to discretionary trading, the effort is lessI think. Also, within that, depending on the trading style, day trading to swing-type trades are perceived as having less effort than scalping.
Next, regarding ② flexibility, this can be said to have a moderate level of flexibility. It is not as rigidly bound by rules as an EA, nor is it as dependent on the trader's own ability as discretion, which is a strength. If one could trade strictly by discretion, it would be unnecessary, but I doubt there are many people in the world who can do that. Even professional traders are inevitably influenced by psychological aspects in discretion, so in that sensesemi-discretionary EA possesses the good points of both EA and discretion.
Next, regarding ③ profitability, it depends on how you use it. As mentioned in the first part,to earn, you must adapt to the market unlike an EAsemi-discretionary EA excels in this regard. If you can align well with the market, it becomes a very powerful tool, but if used incorrectly, profitability becomes difficult.
the method I currently use『Brake Out Method Dominant』, which is a day-to-swing type among semi-discretionary EAs, so it requires less effort and has a clear logic that makes it easy to adapt to the market.
From May to July forward test results show net profit about 3.58 million, 3,359 pips gained, PF 3.2, win rate 74.3% of performance.
In these three months, there was a big shift from rising to falling mainly in cross-yen pairs. It has adapted to both trends, and by aiming for breakouts at appropriate times, it has achieved large profits. As explained earlier, I believe this demonstrates the semi-discretionary EA's flexibility to the fullest.
The current market is so momentum-driven that you feel like entering, but as the investment maxim says, 'Do not catch a falling knife,'so during a steep drop you should not invest no matter how attractive it seems. Right now, it is uncertain how far it will fall, and waiting is the right move.
After such declines, there is a high likelihood of another big opportunity coming soon. Those who purchased this method will know when that timing is, so please look forward to it (*´ω｀*)
Used method →『Brake Out Method Dominant』
Thank you for watching until the end!