One of the biggest debates in financial trading is whether it’s most effective and efficient to utilise automated trading software or to trade the markets manually. The discussion rages on because most leading investment institutions and hedge funds now utilise well-optimised trading robots and algorithms to pull money out of the markets.
Personally i have tested both and find myself more comfortale doing manual trading, mostly by using indicators like Fibonacci Retracement Levels combined with Bollinger Bands, RSI and MACD. Using trading robots was a choice i made several months ago when found an exchange integrating some nice trading bots…Those trading bots used AI to improve performance but after 4 months of testing the results i got were not enough to satisfy my trading needs…then i get back to manual trading.
Does that mean automated trading is the way you should go too? Would be nice to hear some thoughts about automated trading advantages or disadvantages compared with manually executing trades in the markets you know as well as some personal experiences you have had using trading bots.