Will algos replace traders one day?
http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Are algorithms going to replace traders? Can algorithmic trading systems beat human traders? Can automated trading replace humans? Will traders still be able to compete with algorithms in 5 years? I often think about how our everyday lives will change with this massive technology boom we'll seeing. I think there is a point where algos can replace a lot of human traders - things like screening, filtering. But can these be profitable? At the present time algos work for a very short period of time and then they stop working. Why does that change? Can algos predict human emotions? I don't think we'll ever reach a point where algos would be trading against each other. OK.
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