do any of these automated systems work? The sales pitch is to trade automatically like a hedge fund. For me it just falls under the category of "too good to be true"
Good Morning Jdesey, If you had an algo systems that made you money every year, would you sell the algo to the public?
You just have to outperform the SP500 every year with a consistent 18% per year to have access to as much AUM as you want. So what "works" is kind of relative. Just avoid any kind of martingale and that might include grid traders. You might be able to put that together yourself just following YouTuber coders. There are also YouTubers who test out multiple bots available to retail traders offering opinions on performance.
Only if you put some efforts and developed it yourself, know all in and outs. And also it depends on the asset you chose