SELF TRADING OR TRADING BOTS
Let’s talk about cryptocurrency trading.
Undoubtedly, many of you have lost money when trading on exchanges.
Can’t we always trade without losses manually?
Let’s figure out what’s the matter.
Man is the pinnacle of evolution. He has many unique qualities that help him to create, to come up with something new. But for routine operations of the same type that humans must perform very quickly, it is not suitable.
The simplest solution for a person is to develop a system for successful trading and mitigate the risks of trading robots.
Trading Robots is software that allows you to make transactions on financial markets in an automatic mode, without direct human participation.
Let’s consider the most critical parameters for trading:
“Accuracy” — the Trading Robot algorithm already contains all the actions that it needs to perform, and they will be completed instantly by robots. A person cannot be accurate because the reaction speed is deficient compared to Robots and the decision-making speed is low. A person blinks at a rate of 100 milliseconds, during which time the Robot will have time to make a trade decision and perform the necessary actions. Humans will only begin to analyze what happened in the market.
“Simplicity” — The Robot already knows what to do and does not need to be controlled. A trader needs to monitor many factors in the market, macroeconomic situation, movement of the trend, in a word, always keeps his finger on the pulse. Keep a lot of information in your head and try not to forget it. A person is unpredictable by nature, and under the influence of emotions, can make mistakes. The human factor is always present and always brings losses.
“No fatigue” — The Robot cannot get tired. It works precisely as much as you want: all day, all month, at least several years in a row. A person gets tired, and given the amount of data that needs to be processed, he gets tired quite quickly. fatigue, at best, a trader will miss the opportunity to earn more, and in most cases, he will make a mistake and lose money.” Fatigue interferes with achieving, and the Robot does not know this concept.
“Emotions” are not emotionality — the Robot does not have the — period. Even the most phlegmatic and calm a person has emotions, and the inability to manage them brings only losses, not only in trading matters. Greed, fear, hope to kill novice and experienced traders’ deposits, and this has happened at least once with every trader. All this sometimes does not allow even the most talented traders to make money. Emotions have no place in financial market trading. The Robot is ideal in this respect.
Such examples can be cited endlessly by somebody, but one thing is exact — trading robots are beyond competition. The main thing is to choose your Trading Robot correctly.
These are the ones developed by the Praem Capital platform. They are successful in the markets and make a profit. In addition to trading bots, the project has created its own AI. It is the artificial intelligence of Praem Capital that solves the main task of multiplying the efficiency of trading robots. This technological link is a unique global innovative solution.
