Investing and Financial companies are always at the forefront when it comes to technological advancements. They use high tech softwares to try to create an edge and generate more revenue and profits from their trades. This is common practice and something that has been evolving for years. Instead of using technology for it’s primary aim they modify the software and use it to make a large profit in a short period of time.
This video from https://www.bloomberg.com/news/videos/2016-09-29/how-tech-investing-has-evolved-in-recent-years shows how this works on a very large scale. But it can also work for the average trader. As long as you have experience with trading there is no reason why you can’t make a profit using tech advancements to make your life easier. Another good video is embedded below
Looking into the data from an article on the best forex trading strategies we can see how this metatrader 4 software works. The investor or trader plugs a strategy they think will be profitable into the software and this then calculates whether or not it would it fact go on to be profitable. It automates the process as much as possible and gives people the ability to back-test theories without manually going through all the data from the past years and months of investing. Metatrader’s
There’s a lot of tech advancements, far to many to talk about in one article. Over the next 6 months we will be writing about more tech elements that can be related to investments and how to profit through smart software algos. Thanks for reading and remember to support and share.