Manual vs. Algorithmic Trading

We’ve all seen the day traders that claim to be trading all over the world, and while that may seem super attractive, unfortunately, it’s just a fallacy. Now, you’re probably wondering why I’m not in my studio, and the truth is I’m actually in Tulum right now, and I’m putting this trading software to the test. While we all know manually trading is not ethical when traveling, just due to the variables when you are traveling, I wanted to see how ethical it is when you’re traveling and using software to see how efficient running a software while traveling can really be. Without further ado, let’s get straight to it. Welcome if you’re new to the channel. My name is Matt Jimenez. I’m an entrepreneur who has worked with the greatest minds in finance over the last several years, and I’m here to pour into you guys everything that they poured into me.

If you’re entrepreneurial like myself, I’m pretty sure that you’ve been attracted to some type of active trading when it comes to making money remotely. If you’re watching this video, you’re probably an entrepreneur like yourself, and you’ve probably had some type of motive to find a way to make money remotely. And I’m pretty sure that you’ve probably stumbled across day traders looking to be making all this money while traveling the world, whether it’s from a hot tub using a laptop or somewhere in Bali on the back of an elephant on a laptop, and they’re claiming to be trading. The truth is that is not the reality when it comes to manually trading. There’s so much labor involved, and not only is there manual labor involved, there is a large restriction on where you can go just due to the efficiencies of Wi-Fi connection. Yes, there’s Wi-Fi connection pretty much anywhere you could go, but realistically, when it comes to being able to hop on certain platforms and actually use it without it being clunky and just having a really hard time being on the charts, it may impact your outcomes when manually trading. That’s one. Two, the whole point of being on vacation is so you can actually enjoy the luxury of being on vacation. So, if you are manually trading, unfortunately, you don’t have that luxury to actually enjoy the vacation. You have to be quite tentative with your laptop, phone, or wherever there is a strong enough Wi-Fi connection, which hinders the experience, whether you’re with loved ones, kids, friends, doesn’t matter. You have to be tied to some type of device so you can actually potentially make the money that you want to make or need to make so you can survive.

Now, I’m here in Tulum, beautiful Tulum, and I’m beachside. The Wi-Fi is junky, and I really don’t have much accessibility to be able to do the things that I want to do online. But what I do have in tandem with all this is a software running on the backend trading for me. Since I’ve been here, it’s February 10th. I got here on the 8th, and since my arrival, I’ve probably opened my laptop twice just to look at my account and make sure everything is running smoothly. And both times, everything has been running smoothly while I went out and enjoyed my entire day doing whatever I wanted. All I did was when I got back to the hotel in bed, I just opened up the laptop, and everything ran smoothly. I didn’t have to do anything. I didn’t have to go trade, find setups, look at potential pairs to find the most confluent trade with my own analysis, none of that. I went out, enjoyed myself, made sure everything’s running smoothly when I got to bed, and then the next day in the morning, I opened up the laptop, everything looked smooth, went out, and enjoyed my entire day. And I had no worries or constraints that I had to find Wi-Fi, I had to be monitoring my trades, I had to be looking for setups, none of that. All of those variables were completely out the window. And this is a testament right now of how efficient this actually could be while you’re out enjoying yourself. I’ve had zero involvement other than really just checking my laptop. But enough of me rambling, let me go ahead and open up my FX book and show you guys exactly how many trades have been open and where we are currently on February 10th.

Okay, so here we are in myfxbook, and I just want to go over the amount of trades that have been taken since I’ve been here. Our arrival at Tulum was February 8th, and if we just go all the way down to where we are currently, obviously, it’s the weekend, so the software is not trading on the weekend, so we only really have data from the 8th and the 9th. So since we’ve been here on February 8th, we’ve taken 19 trades, all of which had zero involvement in my decision-making nor in my efforts to actually find a trade. This software is really seamless and it outweighs every single benefit when compared to manually trading. In fact, I actually don’t even think you could be manually trading out here in Tulum and actually making a profit efficiently while enjoying your time here. And so far for the month of February, this is the 10th, we’re already up 91 percent, so almost 1 percent by the 10th. And now let’s check exactly what the software is doing.

Okay, so here is the software. Everything in this section is all active open trades. Obviously, you see nothing happening because it is a Saturday when I’m filming this, so markets are closed. This will pick back up Sunday really late at night and really ramp up into the week on Monday. So far, the balance in the account is $56,800.59. Look at all these trades that have been taken. It’s quite amazing to see. This is no involvement on my behalf. I had no decision, I had no time spent on charts looking for setups, it basically did everything for me. And these are all positions, the green dotted lines as you guys know are entries and the red are my take profits. Now, as you can see, it is extremely efficient. I’ve done nothing, and there’s been 19 trades taken on my account without any of my involvement. And I just wanted to hop on here really quick to show you guys how efficient this can be. In fact, shooting this YouTube video is 10 times more labor than actually using that software to generate me growth on my account. Now that I’ve shot this, I’m going to go enjoy myself out on the beach and hit some of the local restaurants for delicious food. And if you’re interested in how you could potentially do the same thing, the link is down below. And I will see you on the next one.

Like always, my friends, peace.Please visit Manual vs. Algorithmic Trading to watch the full video!

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