2 decades ago if you were an individual or a form with a desire to start an investment fund that is fully automated with algorithmic system at its core, it would have been tantamount to scaling Everest. There barriers to entry were prohibitively high. There were several key factors that contributed to this:
- Lack of relevant information and limited access to whatever information was available
- Prohibitively slow data transfer
- Sluggish processing times
Over the years steady tech progression in automated trading has profoundly affected the trading landscape. We wouldn’t be wrong to claim that starting s multi-account trading account now is quite literally a stroll in the park. People are doing out of their garages or basements. We discuss here why the widespread adoption of automated trading has been on the rise by both individuals and trading forms.
Unrestricted 24/7 Trading:
While some of us who prefer to keep tabs on even the miniscule market developments, this may not sound as a something to take notice. But for individuals who prefer the idea of being able to trade 24/7, this is definitely something to work with.
The Ability To Backtest The Results:
With the advent of cutting edge trading platforms such as MT-5, it is now possible to test-run programmed trading strategies and run a large number of back tests in a fraction of a time as compared to what was possible in the past.
This allows you to scale much more efficiently, thereby putting your brokerage in a position to take advantage of every single growth opportunity that presents itself.
Well, it feels great to know “you” nailed a successful trade. But let’s be honest here, we have all had some nasty trading scars (losses) as well, our past experiences or even the very nature of the trading business can make us a bit jittery while pulling the trigger on certain bets. This is where automated trading comes in, where the system can make certain trades on your behalf, allowing you to somewhat manage the volatility.
Access To Multiple Trade Markets:
Modern automated trading platforms such as MT-5 enable you to seamlessly trade within markets other than Forex, such as stocks, commodities and crypto currencies. This allows you to operate on a much broader trading spectrum thus opening multiple growth avenues.
Pressed For Time:
For individuals who are not yet fulltime traders and are juggling their trading hustle with a more traditional 9-5 or for any reason you find yourself short on time to commit to trading, an automate trading system allows you to participate the in the market while you multi-task.
We look forward to hearing from you on our social media channels or you can get in touch with us at [email protected] We would love to explain how we can take your investment gains beyond traditional growth barriers.
Where ever your business endeavors may take you, we hope they’re profitable!