Comparison of the robot and the trader
In the financial market, there are two leading "forces" that perform trading operations: fix api traders and trading robots. Each one finds time to argue about which of the algorithms is better. I also belong to the category of exchange speculators who themselves make trading transactions, but at the same time I have a trading robot to work on the fix api forex market. Today, I will not set the goal to determine the winner and let you draw conclusions based on all the pros and cons of each of these types.
Strengths of the trader:
- Ability to adapt to the current market situation.
- Ability to conduct analytics on the basis of external factors and compare it with the "rumors".
Strengths of the robot:
- Clear adherence to the trading algorithm.
- Adherence to the risk and money management policies.
- Absence of psychological factors.
Weaknesses of the trader:
- He is exposed to emotions.
- He is able to act without a strategic line.
Weaknesses of the robot:
- Inability to adapt to current market situations.
As you can see, each strong feature of one side is weak feature for the another. Personally for me, the robot has an advantage. After all, if the trader can earn sufficient capital on the basis of market factors in a short period of time, the robot can achieve the same result by performing daily mechanical actions. We need to look also towards the automation of our trading process and certainly remain in the market to keep an eye on the economic situations.
https://forexrobots.in/2018/07/24/l-2/