Automated Trading Basics
Automated Trading and Algorithmic Trading offers many advantages over manual trading. First, an automated trading algorithm can perform complex statistical and technical analysis much faster than any trader. Additionally, using an automated trading algorithm provides more opportunity to diversify. Can you imagine monitoring 500 securities all day looking for trading opportunities? What about trying to work your way out of positions in 500 different securities? How many errors would you make throughout the day? With automation, it is easy to trade an infinite number of securities, and removes the risk of human error.
Learn about technical analysis, automated trading basics, algorithmic trading and more in my collection of articles specifically written to jump start your journey towards automated trading success!