Most people are just starting to find out about the Automated Trading revolution. But, they are aware of other revolutions that have radically changed the world in the last few years:
- The Internet
- Online stock trading
- Email
- Blogs
- Youtube
- Twitter
- Skype
These technological advances have completely changed how we do so many things in our lives. Need to connect with someone? We use Skype or email. Need to connect with a lot of people? We use Twitter and a blog. Need to buy stock? We use an online stock broker.
Yet the investing industry has changed little outside of the use of online stock brokers such as TD Ameritrade. Since the Internet is a powerful empowering technology, it has given people the tools to choose and analyze which stocks that they invest in. And to decide for themselves when to buy and when to sell.
Outside of the individual stock trading area, many things are still the same. People buy mutual funds and index funds in their 401K or IRA. They take advice from financial advisors. And they don’t follow their retirement accounts closely or actively manage them.
We believe that the Automated Trading revolution will change all that. As people learn about the benefits of Automated Trading, they will start to use these systems and stop using the old investment strategies. Automated Trading allows people to benefit from high returns with less risk. And, it puts them in control of their money. Besides that, fees can be less than for traditional advisors or even traditional online brokerages.
The real benefit of Automated Trading systems is that they actually create value for their users. Virtually all mutual funds underperform the market over the long term. Index funds return 8% annually over the long term, which is not significantly more than inflation. Automated Trading systems are different. They use technical analysis to trade using a defined system. This creates consistency, removes human emotion, and creates the opportunity to have good returns.
Many of the above mentioned revolutions have made the Automated Trading revolution possible. Faster computers allow us to use artificial intelligence to create powerful systems. The Internet and online brokers make it possible to place trades quickly and efficiently. And blogs make the knowledge about Automated Trading systems available to everyone.
Accelerating Technology, Automated Trading, Internet, Investing, Success
Accelerating Technology, Automated Trading, blogs, Internet, Investing, Money, revolutions, stock market, stocks, Success
), Dan Pink (
), and Leonard Mlodinow (
). And guess what? Within an hour, all three had responded. How awesome is that!
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
