This question above can be subset of broader and evergreen question “Can Robots or Intelligent Systems really replace humans?” However I will take analogy from some intelligent systems to arrive at the conclusion if trading robots can really replace Real Traders.
I will present my logic, benefits and drawbacks for you to take decision. It is based on some facts to help me arrive at conclusion and maybe my biased views but I think it will help in taking rational and informed decision. And maybe it will help in achieving the desired trading results. I cannot put a straight forward conclusion to the Robot Question and so it is my view based on some intelligent systems and may or may not subscribe to individual’s preferences.
Pros of trading with Robots
At the first sight Trading Robots give the feeling that they can earn real income and profits for you. And Unlike humans, robots can trade without sleep and rest - working tirelessly even for a week or for longer durations. One does not need to think a lot about gone trading chances or wasting time entering an order manually while the market moves again to other side making less favorable profitable position. Robots as …