Hi Guys! What kind of Traders are you? 😀
We, at SavyBot, prefer Systematic Trading! 😘
What is it? Systematic trading, also known as mechanical trading, is an approach that uses predefined rules to make investment and trading decisions in a methodical way.
This type of trading can be done manually or completely automated by computer.
Here are some key concepts of systematic trading:
👍Intelligent Trading Algorithms: Using computer programs that automatically execute trading decisions based on predefined rules and machine learning.
👍Quantitative Analysis: Analyzing large amounts of financial data to identify trends, patterns and anomalies.
👍Risk Management: Defining profit targets, loss points, trade sizes and system exit points in an objective and anticipated way.
Systematic trading helps reduce the impact of emotions on trading decisions, making the process more efficient and disciplined.
If you are curious about SavyBot the intelligent trading algorithm come and explore our dashboard: https://www.savybot.cloud
