Deploying strategies
Fully automate your trading
Last updated
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Fully automate your trading
Last updated
Was this helpful?
Increased Speed: One of the most significant advantages of automated trading is the speed it offers. The algorithms have the capability to analyse a variety of parameters and technical indicators in a split second and execute trades immediately. The increased speed becomes very important as the price movements can be captured by traders as soon as they occur.
Increased Accuracy: Another significant benefit of automated trading is that there is minimum human intervention. This means that the possibility of errors goes down drastically. It is possible for a trader to make an error and analyse the technical indicators incorrectly, however, the computer programs do not make such mistakes in ideal scenarios. Thus, the trades get executed consistently with maximum accuracy.
Decreased Cost: Automated trading enables the execution of large volumes of trade in a short period of time. Due to this, multiple trades are processed and the overall transaction costs become reduced.
Live trading involves risk as markets can be very volatile and prices can move against you. Only speculate with money you can afford to lose.
