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Humans become less important in global FX markets

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 James Bone, Lecturer in Discipline-ERM, Columbia University's School of Professional Studies

 Tuesday, November 7, 2017

The $5.1 trillion-a-day currency market is losing its human touch.


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11 comments on article "Humans become less important in global FX markets"

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 Panagiotis Charalampous, Head of Community Management at Spotware Systems (cTrader)

 Tuesday, November 7, 2017



Humans do not become less important in FX markets since the algos increasingly taking over the market are a product of human design in the end. It is just the need for tedious and repetitive work that is offloaded to robots reducing the need of human brainpower (and subsequently workforce), leaving space to creativity and imagination.


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 James Bone, Lecturer in Discipline-ERM, Columbia University's School of Professional Studies

 Wednesday, November 8, 2017



Absolutely agree Panagiotis! Humans become more important because only humans can design the right application of these tools and improve them. However the article is relevant given the points you make about repetitious work effort. While freeing humans up it also reduces the need for workers whose jobs is primarily manual.


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 Nat Payne, Director EM/G10 Fx

 Thursday, November 9, 2017



Its a point of view .


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 Yoav Barnes, Victory FX Ltd. Owner & MD

 Thursday, November 9, 2017



Automated trading focus on large numbers of small, short term transactions of small to medium sized positions. Large position with medium and long term time horizons are still done by humans and it is hard to see that changing in the next few years


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 Stephen J Mepstead, Block-chain, Fin Tech, Property Development Finance, High Yield Fixed Income solutions.

 Thursday, November 9, 2017



Strategy traders, human run, fundamental play with technical overlap are, according to recent reports, making a come back as Algo's start to feed off each other!


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 William Brown, Investor

 Thursday, November 9, 2017



The ongoing ascent of deep learning, machine learning, AI, is offsetting sum of the gut learning and is elminating some slippage of standard automated systems. I believe than a good individual trader will always find opportunities in the market place; as this will be of a concern for those with clients, and need massive returns after fees. Also the blockchain sector is changing the game as more of the major players are renginneering the financial sector for the majors, and the botiques. The longer horizon player still can find gold, or bitcoin in those hills from time to time if proper risk management is used.


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 Gustavo de Melo, Software Engineering and Consultant at i2syn

 Thursday, November 9, 2017



Humans and their algos are most important, every day. To follow the velocity os negociations, automated trades are the future to get best results.

Remember that not at all strategies run sucessifully in bots. Correlation is ok, but to the rest, the bots need humans to take the control when the algos can't preview the wrong decisions.


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 Andrew T. Swaby, Finance Broker ►helping Real Estate investors find suitable financing options for their investment projects.

 Thursday, November 9, 2017



There will always be the need for human intervention. Bots are proficient when the markets are trending or moving within certain parameters. Once the markets become unpredictable (which they often do) the bots become a liability to the trader and we then have to rely on Human instincts. That being said, I believe there will always be a place for both bots and Humans but bots are there to assist and work along with humans to help improve their trading and not to replace them.


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 Janusz Pawel Opechowski, When well tuned system do not perform perform well look for a problem outside of the system.

 Saturday, November 11, 2017



In years to come computational power is to be unleashed by so called quantum computing.These combined with standard today math functions combined make AI power increase.Sky is the limit.Or at least another post conquered.In terms of AI progress.So as answers to market activity


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 Osama Shaban, Self Employed - MQL4 Expert Advisors Programmer & Marketer

 Monday, November 13, 2017



I disagree with the topic title, but completely agree with all who said that humans are now more important and at the same time, they could be less in numbers because many of repetitive and routine works are now replaced by robots. As we who creates those robots and practically we need robot intervention by us, we we always will play the main rule in the trading circle.

Some, or actually many traders thought that robots don't need intervention, I'm as a programmer, always recommend them to understand how the tool they use in their hands works, so, they can interfere it the right way to make better trading results. Sorry to repeat, Humans are always the more important.


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 private private,

 Tuesday, November 14, 2017



"Humans are always the more important." I agree with this, but more and more are going to loose their jobs to automation. Thanks, David

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