The evolution of automated machines is already performing many tasks that are done by humans in the past. With advancements in robotics and automation, the impact of the changes spans from every aspect of life and businesses to the future of jobs. In recent years, these technologies have taken a major leap in the trading business, and in the wake of COVID-19, they have escalated than ever before. This is now expected that robots and machines could have a major impact on the trading business and could eliminate conventional human-to-human voice trading fast.
Paving the way for a new age in share trading, robotics technology has come forward playing a key role by silently working behind some of the most successful trades. Investors are trading with style at the comfort of their smartphones, and often at speed afforded by institutions. The forex trading robot Watthanakom Chaijinda, for instance, is a highly recommended trading robots. This trading robot has traded with an accuracy of 95.82 percent in all market conditions.
One another trading robot from forex, Fapturbo 2.0, has the ability to trade with eight currency pairs in the highest frequency range. This robot has been developed and designed to only make money. It was observed that just in 12 months, an investment of US$ 200 could become and move to US$ 740.38. Moreover, Daily Forex Pros Forex Trading Robot comes with a free increase lifespan. In the last 12 months, this robot managed to give 51140 pips profit. This is a fully automated trading robot, and takes only 5 minutes to configure and install, as well as the use of this trading robot has a low risk.
Traditionally, investors executed trades by picking up the phone and talking to a trader to make beneficial trading. But the rise of prompt algorithms using AI and automation that can carry out thousands of trades in fractions of a second has steadily taken away at the practice, leaving humans to handle and control only custom or more complicated trades. According to Mark Pumfrey, chief executive for EMEA at Liquidnet, this period is going to accelerate changes that were already in place.
Furthermore, Liquidnet saw an 80 percent surge in volume in March, and its overall market share in EMEA during the first quarter surged 45 percent against the same period in 2019. However, the outbreak of the COVID-19 pandemic has broadened the gap between the price at which traders offer to buy, and the price at which they offer to sell.
Today, some traders are looking to win trade ideas and strategies on their fingertips. To this, mobile-based options trading applications, powered by robots, are coming to the fore, providing multiple real-time market data scanners to spot market trends and assisting them in picking up the right options strategies. The trading business now is shifting towards a technology-oriented approach where winners can be evaluated by their technology power.