Auto trading refers to the practice of letting software
handle the task related to financial markets such as executing and placing
orders to make money. The first aspect where this practice scores big is that
it helps minimize emotions that can impair our judgment rendering us unable to
take right decisions.
At every stage of trading the trading system will keep human emotions
under check making it easier for trader to stick to the plan. It takes the
hesitation out of placing a trade and finalizing the deal when the time is
right, instead of delaying the decision. Since everything is automated, the
user would not be able to raise any questions or hesitate to pull the trigger
just when the timing is perfect.
Another way auto trading helps people is by preserving the
discipline. Since all the rules are already set and established within the
system, execution of trade is done on an auto mode. This way, the system helps
preserve and maintain discipline during even the most volatile market
conditions.
It does so by sticking to the plan and following it exactly
the way it is supposed to. There is absolutely no room for committing any
arithmetic errors where the user may accidently enter a 1000 shares when in
fact he was supposed to enter a 100 share value.
Dragon
Holdings AG:
To know more about algorithmic trading and technology, Visit:
No comments:
Post a Comment