Pros vs. Cons of automated trading
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## Advantages vs disadvantages of automated trading Let's weigh the advantages and disadvantages of automated or algorithmic trading. ### Pros - Operates 24/7 - Safety measures prevent over-trading - Minimized losses - Feelings and emotions are not involved - Peace of mind knowing the software operates reliably ### Cons - Requires some monitoring - Changes to configuration may not always be accessible (requires internet connection) - Reduced risk equates to reduced reward