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by EliBullockPapa
538 days ago
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I would be very cautious about doing this with money you actually need. Even the best performing human day traders underperform the indexes over long time horizons. Why would a robot be better? from a study in Brazil: "97% of all individuals who persisted for more than 300 days lost money. Only 1.1% earned more than the Brazilian minimum wage and only 0.5% earned more than the initial salary of a bank teller — all with great risk." https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3423101 If you don't want your bot to be a day trader, then just get low cost index funds. |
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