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Published on Mar 19, 2019
TRIPWIRE...Trading 💰 cryptocurrencies can look easy, but tripwires are hidden in plain site.
Most retail traders programming algorithms are attempting to mimic how our human brain processes data. It’s easy for you to see the peaks and troughs. Not so easy to program though.
One solution could create a peak and trough computer algorithm using percentage moves off a high and off a low, and most traders thinking like this would backtest to see which percentage works best. Unfortunately for them, if they backtest to find out, they may have just opened Pandora’s box.