Automated Robot Trading: Is it Your Road to Riches?
Is robot trading stocks the answer to your success in the stock market? Over the past two years, there has been an explosion of new Fintech companies and software apps that utilise high frequency trading as a means of getting investors to trade more. In fact, many proponents of high frequency trading state that automated algorithmic trading will replace humans in the coming decade. But what does this really mean and is this form of trading in your best interests?
While on the surface there seems to be a good argument as to the advantages of high speed trading, we need to ask who does this technology really benefit and is this actually disadvantaging individuals or making them more money.
In tonight’s show, Dale and Janine will investigate the world of algorithmic or high frequency trading together with the Fintech apps that make this service available to highlight what you need to know if you choose to use them, and what effect this may have on your trading.