Automated Trading Systems
Automated trading is basically a mechanical trading process, designed to allow traders even novice traders just starting out to make more successful buying and selling. the level of success though still depends on the correct use of an automated system, so success is not a guaranteed outcome. even when using an automated system people can still find themselves getting carried away with outcomes, many have claimed that having/using an automated system will help with making the correct decision, the fact is however somewhat different. personality is a key component in anything we do and so, can and does have a very large say in how we act. the most common thing that tends to happen is, greed, it often does not take long for certain individuals to decide, hey, i am making so much money that i can increase the amount i am trading with, forgetting the fact that automated systems are not perfect an have a 20 - 30% failure rate. so why the failure rate well, any system developed is bas...