There are two ways to find trades: look at charts yourself, or let software look for you. Neither is free: one costs time, the other costs control. Here is how they compare.
| Manual analysis | Automated signals | |
|---|---|---|
| Time | Hours of chart watching | Minutes: act on alerts |
| Markets covered | A handful | Hundreds or more |
| Consistency | Varies with mood and energy | Same rules every time |
| Skill needed | High | Lower to start, you still need risk rules |
| Control | Full | You choose which signals to take |
| Emotion | Easy to override the plan | The plan is written before the move |
What Automation Does Well
- →Watches markets around the clock, including when you sleep.
- →Applies the same rules every time.
- →Writes the plan before the move, so there is nothing to talk yourself out of.
What Automation Does Not Do
- →It does not know your account size or risk tolerance.
- →It does not remove losing trades.
- →It does not guarantee results.
Where the Time Goes
With manual trading most of your time goes into finding setups. With automated signals the time moves to a short list of jobs: place the order from the alert, set your exits, and review what has been working now and then.
The honest trade-off
Automation removes the watching and the writing. It does not remove the need to manage risk.
Get The Plan Sent To Your Phone
The Secret Vault watches 1,000+ assets across six exchanges for reversals, writes the plan (entry, stop and two targets) and sends it to your phone. You place the order. 7-day free trial.
Try The Secret Vault FreeDo I need to understand the strategy behind automated signals?
It helps. Knowing what type of setup the engine looks for lets you judge whether it suits you.