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Pros vs. Cons of automated trading

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zephirex.com administrators last edited by zephirex.com
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
Disclaimer: I am NOT a CPA, nor am I licensed to issue any kind of financial advice, therefore the contents of this post are purely for educational and entertainment purposes only, and should therefore be taken with a grain of salt.
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