Welcome to Smart Money Option.
We are a company that believes that the key to good customer service is building great relationships with our clients. Providing a helpful and friendly environment that will ensure they leave with a great impression.
Our business has been built on client referrals.
At Smart Money Option we use a state of the art algorithmic trading method that monitors unusual activity in the buying of PUTS and CALLS.
Advantages of Algorithmic Trading
One of the key reasons why algorithmic trading has become so popular is because of the advantages that it holds over trading manually.
The advantages of algo trading are related to speed, accuracy, and reduced costs.
Since algorithms are written beforehand and are executed automatically, the main advantage is speed.
The speed at which these trades are made is measured in fractions of a second, faster than humans can perceive.
Trading with algorithms has the advantage of scanning and executing on multiple indicators at a speed that no human could do.
Since trades can be analysed and executed faster, more opportunities are available at better prices.
One of the biggest advantages of algo trading is the ability to remove human emotion from the markets, as trades are constrained within a set of predefined criteria.
This is an advantage, because humans trading are susceptible to emotions that lead to irrational decisions.
Two human emotions which lead to irrational decisions that algo traders aren’t susceptible to are fear, and greed.
Another advantage to algorithmic trading is accuracy.
Using Algo-trading the potential pitfalls of accidentally inputting the wrong trade associated with human errors can be avoided.
With manual entries, it is much more likely to buy the wrong currency pair, or for the wrong amount, compared to a computer algorithm that has been exponentially checked to make sure the correct order is entered.
Another advantage to algo trading is the ability to backtest. It can be challenging for traders to know what parts of their trading system work since they can’t run their system on past data.
With algo trading, you can run the algorithms based on past data to see if it would have worked in the past.
This ability provides a huge advantage, as it lets us remove any flaws of a trading system before it becomes live.
Another advantage of automated trading is the reduced transaction costs.
With algo trading, traders don’t have to spend as much time monitoring the markets, as trades can be executed without continuous supervision.
The dramatic time reduction for trading lowers transaction costs because of the saved cost of constantly monitoring the markets.
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