Before we started developing trading robot s, we assumed that the requirements for algorithmic trading should have included: high profit, low cost, low risk. After we finished developing super trading robot s, we figured out that the requirements for algorithmic trading are actually different.
I wonder why no algorithmic traders tell the funds manager the truth that there is no grail-level EA. If they convince him that it’s possible to develop a grail-level EA, why don’t they use it to make money for themselves? Why does the leader of the funds management still insist on a void product even if he lost an amount of money?
Most traders bet their funds in a range of a couple of hundred USD up to 10,000 USD. If they come along with the strategy of Martingale and trade under a market movement not satisfying their desires, obviously the funds are not enough.