Automated Trading Can Replace Manual Trading?
February 8th, 2010 | by admin |Trading using automated robots has become more and more popular these days. Expert Advisors, like Pip Android, allow individual traders to be free from trading by themselves. However, automated trading still very much depends on individual trader’s psychology. But automated trading is still much higher choice these days, because it does not require traders to investigate markets by themselves. Profitability will not suffer too much too. Although, one may argue that human traders can achieve higher annual profits, they still are not significantly greater. And if you count in how much effort you need to give when trading manually, automated trading is a much more better way to go. Of course, for automated trading, you’ll need to pay for robot hosting, so you’ll need a huge budget to cover all costs.