Rob Booker and Chris Davison put the cap on the final 2 strategies for success in automated trading, with a rousing conversation about the dangers of trading with a robot (or doing anything else with a robot, for that matter). How can you carefully and wisely select a system that is right for you? How much should an automated trading system cost? The answers to these questions, and more, are answered in this episode.
Here Rob Booker and Chris Davison continue their conversation about automated, algorithmic trading. Does it work? In this continuation of their look into the inside world of running automated systems, Chris and Rob share three more of their 8 strategies for success with robotic trading.
Traders are faced with the temptation to automate their trading. Robots, machines, computers from the future — can they help you trade better? Does robotic trading improve your profitability? What are the dangers of handing over your trading to an algorithm? In this episode, Rob Booker and his trading partner, Chris Davison, talk about 8 strategies for successful automated trading and what to watch out for when buying a robotic trading system. Be prepared to laugh and look at automated trading with a skeptic’s point of view.