Discussion of article "Interview with Antonio Morillas (ATC 2011)"
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New article Interview with Antonio Morillas (sallirom) (ATC 2011) is published:
Antonio Morillas from Spain (sallirom, by the way - it is reversed surname!) was first who doubled his starting balance from the beginning of the Championship and thus attracted our attention. His trading strategy is extremely risky. We decided to talk to Antonio about risk and luck as these are part and parcel of Automated Trading Championship.
What do you prefer most: manual or automated trading? What do you thing about psychology of trading?
I'm sure that manual trading and automated trading must be used in different contexts. Automated trading best suits for volatile markets that are highly prone to news. No doubt, psychology is very important in trading. The most difficult both in automated and manual trading is finding the right strategy. You can get a system that works over a short period of time, but fails in long-run prospect.
Author: Automated-Trading