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Do Not Fear the Bots

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Computer trading has become the largest part of our market's volume threatening the profitability of many discretionary traders. Many traders/investors fear the bots. We shouldn't. We should embrace their underlying technology and use it to help us find more of our favorite trading patterns. And even turn quant. Adding support to my thesis above was a recent blog post at The Big Think in which humans were noted for their amazing pattern recognition skills: Not only are machines rapidly catching up to - and exceeding - humans in terms of raw computing power, they are also starting to do things that we used to consider inherently human. They can feel emotions like regret. They can daydream. Read more [...]

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