Automation replaces you human trader as Wall St lose jobs
Here is an article that proves what I said for years:
Dear mid-level Wall Street worker, your computer is coming to get you.
To read the entire article, go to http://bloom.bg/1VHjLeo
If you are human trader, you will be obsolete sooner than you know. Pink sheets have been flying at the financial institutions for year to get rid of dead weight being replaced my automation. Boo hoo. Cry me F*C*ING river you poor whiny victim.
Next up: If you are learning from some ‘trading guru’, all their strategies and what they teach are junk. Automation will destroy what they teach. If you are not using multiple strategies in scale, you will be financially ruined before you get started. So don’t try! If you argue it, you will be ruined or at best you will see your performance suffer in the long run. It is a different era and you better join the automation movement.
http://www.bloomberg.com/news/videos/b/8df546df-20d1-46e5-824b-0702e9225046
Blankfein: Goldman Sachs Is a Technology Firm
P.S. Laziness, ignorance, depending on historical patterns, or just chasing price lines from charts will no long cut it.
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