People who buy EAs don't receive this benefit, and they often don't know what is "under the hood." This process gives traders an in-depth look at their strategy. They force the trader to simplify a strategy down to a level where it can be programmed.if the strategy has proven itself profitable, this is a good thing. They will take trades that suit a strategy, even if the trader feels otherwise.EAs can take advantage of more opportunities than a human can. Once let loose, an EA can find opportunities in all the markets it is programmed to monitor. At any moment a human can only effectively monitor a few markets, but an EA can monitor hundreds. Automated software can monitor far more markets than a human can.The lightning-fast reaction time of the EA is beneficial in fast-moving market conditions. Humans, on the other hand, may freeze or question the trade. When a trade signal appears (to enter or exit), there is no hesitation on the part of the EA. EAs react more quickly than humans can.However, people using an EA still need to know when to intervene and when not to. EAs remove some of the psychological pressures of trading.Pros of Automated (Robotic or EA) Trading
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