Manual or algorithmic trading strategy? A common dilemma for FX traders.
A common dilemma for FX traders is whether to adopt a manual or algorithmic trading strategy that produces profitable outcomes over the long-term. But this question requires an individual to really understand their own capabilities when it comes to making decisions in high-pressure trades; and to recognize how technology can help overcome limiting psychological habits. All FX traders are susceptible to human tendencies that can affect judgment. But those who have the ability to monitor the patterns of their own mindset stand a far greater chance of developing a strategy that is consistently profitable.