An algorithm by definition is a process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer. The human brain doesn't do algorithms, that's what makes our brains more powerful then microprocessors - we are able to ignore rules, assess every situation and use our intelligence to make a better decision.Ferru123 wrote: ↑Tue Nov 21, 2017 9:36 pmI disagree.
All a successful trader is doing is executing a plan. Some will know what their rules are on a conscious level - with others, it will be an algorithm that they aren't consciously aware of, which they might call intuition or a feel for the markets. But either way, it's about following a plan, not on relying on a mysterious sixth sense that's been honed through thousands of hours of practice. Otherwise, bots would be rubbish at trading.
If you knew Peter's algorithm, you could replicate his success.
The simply plan that most traders execute is to open trades that you think have a better or significantly better chance of moving in your favour than not, plain and simple. You can replicate somebody's bot but you can't replicate his brain functions.
