Hi guys, automated trading or algorithmic trading is a gift of modern science. Algorithmic or automated trading using Artificial Intelligence (AI) technology can be very useful for detecting market signals.Because of this, traders become more profitable in less time. But the question is: can automated trading or algorithmic trading beat a human trader? So today, I'm going to write about this topic.
Therefore, without wasting time, let's start.
First, it is worth mentioning that Wall Street relies heavily on algorithmic trading, especially in the stock market. However, do not forget the important aspects - the AI-based (artificial intelligence) -based negotiation process.
It involves large amounts of money ultimately followed by humans, who act as supervisors at different stages and in different ways. period.
While it is true that human factors control all markets, many institutional investors prefer to implement several automated trading tools to reduce the risks associated with emotions.
Last week, Bloomberg announced that Ashok Krishnan, Head of Automated Trading at the Global Markets Division of Bank of America, had collaborated with Phil Allison or Morgan Stanley.
And also Mark Goodman of UBS to promote and develop machines focused on trading bonds and currency pairs, stocks.
This shows that trends prevail in markets that traditionally reject automated trading . Some believe that, overall, humans are winners.
If you do not believe it, you can ask your algorithm to try to defeat Meir Barak, the founder of the tradition in his direct trading room.
Experienced traders and best-selling author of "The Market Whisperer", stressed that active trading was not just for ....
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