IS IT WORTH TRUSTING TO ROBOTS FOR BINARY OPTIONS?

Today the market is flooded with automated programs for trading binary options. They are based on technical indicators and work on mathematical algorithms that traders use every day, so we can assume that they can be trusted.

But given that binary options pocket option login are a lottery in themselves, finding a worker Software becomes not just complex, but complex squared. Therefore, if you are new to the world of trading and know about robots by hearsay, I recommend that you continue reading. Here we will discuss everything you need to know about binary options robots.

WHAT IS

What comes to mind when you hear the word "robot"? Artificial intelligence? Cars? Computers? In trading, a robot is a program. Script. A piece of text code. It automates a binary options trader's trading strategy by independently defining entry and exit rules. That is, it completely disposes of the trading capital for the trader.

Rumor has it that since the robot is based on rules, it does not make mistakes that traders make, for example, when they are greedy and do not leave a position, if necessary ... This is true. But ignoring the psychology of the market is a controversial advantage.

The psychology of the people on the other side of the trade is the basis of candlestick analysis. The robot can only blindly follow the first postulate of technical analysis, which says that the price already includes everything.

A monstrous drawback due to which millionaires who made their fortune on algorithmic trading are mythical characters. If everything were that simple, banks and other offices would chase greedy traders demanding a salary and a full social package, replacing them with robots for binary options. But so far, as they say, not destiny.