Algo trading: does this have any negetives ?

[Elton]

Guys this shit is like a money printing machine. 

Why the hell I'm I doing long term investment when I can earn 4k per day using this ?? Or even going to work ? 

 

I'm exited to use this, do you think this could make me rich or ruin me ?

 

Any experts ?? Need advise ??

 

[FourCrossedWands]

This is like a 10th post on this topic.

No this is a bad idea and yes it will ruin you and you will lose all your money.

[Elliott]

The best performing investment fund(not a trading fund) in the world (by about 2.5x) is an algorithm, and it's been the best performing fund for 25 years. It's private though.

Yours will probably ruin you., day trading ruins 99/100, I don't understand how, but that's the number. People are emotional egomaniacs. I day trade but I don't do options and I have a modest approach, a complimentary blend of investing and trading. 

Edited September 4 by Elliott

[hyruga]

What Algo trading? Where is the 4k per day that you can earn?

[Basman]

I read this first as algae trading. As in sea moss. 

[Elton]

@Basman hehehe

[Elton]

@hyruga I saw another guy do it... It's algorithms based trading...it's like a money printing machine...