Automated trading software is revolutionizing the approach people take to investing. For example, Fibonacci trading is an investment strategy based on using the Fibonacci sequence. This strategy mirrors nature because it organizes structures according to the Fibonacci sequence.
Traders have been employing this strategy for some time. The problem is that traders who would manually use Fibonacci ratios also had to battle their own emotions. A Fibonacci-based strategy can work, but then emotions will come into play, causing an investor to believe that they have a hot hand. They will change their strategies because of emotion-driven errors.
Automatic trading, trading that relies on bots and artificial intelligence, and trading that uses machine learning are taking the human emotional factor out of the equation. Now, even new traders can employ strategies designed to help them make trades without irrational moves or bias.
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