#TradingTypes101 Trading Manual vs. Automated Bots: What is your choice?

In the world of trading, there are various strategies and tools. Two common approaches are manual trading and the use of automated bots. Each has its advantages and challenges:

Manual Trading:

Advantages: Allows for detailed analysis and decisions based on the intuition and experience of the trader.

Challenges: Requires time, discipline, and can be influenced by human emotions.

Automated Bots:

Advantages: Execute trades based on predefined algorithms, eliminating the emotional factor and operating 24/7.

Challenges: Dependence on programming and potential failures if not adjusted to changing market conditions.

💬 Questions for discussion:

Do you prefer the control of manual trading or the efficiency of bots?

Have you had positive or negative experiences with any of these strategies?

Do you think a combination of both approaches could be the key to success?