Advantages of algorithmic trading
There are more advantages to algorithmic trading than just speed, frequency, efficiency, and volume of orders. Human traders are most affected by emotion, and algorithmic trading eliminates that influence. Due to the fact that emotions never go away, emotional trading may be extremely costly for anyone and will always be a weakness among human traders.
In turbulent, uncertain, and depreciating markets, algorithmic trading assists traders in maintaining discipline and attention. The consistency of traders' trading strategies and rules can be maintained when they set and configure trade rules in advance and have limited time to analyze the market. Illogical thinking and impulsive actions can be avoided.
In turbulent, uncertain, and depreciating markets, algorithmic trading assists traders in maintaining discipline and attention. The consistency of traders' trading strategies and rules can be maintained when they set and configure trade rules in advance and have limited time to analyze the market. Illogical thinking and impulsive actions can be avoided.
Mar 30, 2022 00:11