Wednesday, April 24, 2013

Using Robots To trade Penny Stocks - Is This The better plan?


We live to a amazing age. Technology has made our lives so much easier, but sometimes we tend to use them as a crutch. This is the case with Stock traders designed to use robots to automatically change their penny Stocks for him or her.

Don't get me faulty. I use technology take for example. I use a Stock Screener you might scan the penny Stock Market to see can you get most advantageous opportunities throughout. But there are individuals who have take technology just a little too far.

I'm talking about participants who use robots to automatically trade for the children. In other words, the trader has no input into the deal. Their account balance lives and dies where the robot wants selling.

I know it's always great to unwind and not work for you normally do, but I think case a little too far away. You have to be in control of your trades. The market is merely too dynamic to facilitate your an inanimate object do the trading accessible.

Every single day, there is some little news that is having an influence on the Stock Market or naturally, the industry that your Stock is concerned in.

If you have robots, then I wish you be aware, but just so we are all aware, there are plenty of horror stories on the web about traders who taking all their money in penny Stocks it is these robots. This article is only a word of caution.

.

No comments:

Post a Comment