Reluctance to face the unknown

The reluctance to embrace automated trading, often known as bot trading, in Europe could be explained primarily by a certain skepticism and caution towards automation and artificial intelligence. These technologies are relatively new and can seem complex, which makes some European traders hesitant. The German market was also affected by language barriers, as most trading platforms were previously available in English, making access difficult for many. The conservative attitude towards money and investments in Germany over the years also did not have a positive effect on the acceptance of these new technologies.

Regulation with strict requirements

Another factor affecting the spread of bot trading in the EU is strict regulation. While rules and regulations are undoubtedly important to protect the market and investors, they can also hamper innovation or slow down the introduction of new technologies. This is why it is also important to check the systems and only use those with independent certification. Many of the bots were created quickly and at low cost, usually with plug-and-play technology. Many were not further developed. At AI-FAE.org there are many developers from the banking and investment sector who already have several years of experience with the bots. This means that the bots at AI-FAE.org have been checked and tested several times, with many setting options and risk management.

So why should Europe now focus more on automated trading?

1. Increased efficiency : Trading bots are able to analyze market data in real time and can react quickly to changes – faster than any human ever could. These bots can work non-stop and thus achieve greater efficiency in trading by constantly monitoring the markets and automatically executing transactions as soon as certain predefined conditions are met.

2. Emotionless trading : Due to their programmatic nature, bots are immune to the emotional hurdles that often lead humans to make unfavorable decisions, such decisions can be influenced by greed and fear.

3. Backtesting features : Trading strategies can be tested using historical data before they are actually implemented to increase the chances of success.

4. The market never sleeps : Bots can trade around the clock, which is especially beneficial in the 24-hour Forex market.

5. Improved Precision : The ability to plan and execute precise entry and exit strategies is optimized through the use of bots. These automated systems allow for more detailed and better timed execution of trading activities, resulting in more efficient market interaction overall.

6. Greater diversification : Automated trading makes it possible to operate in different markets and instruments simultaneously.

7. Time saving : Bots relieve traders of time-consuming analysis. This allows traders to focus more on developing and refining new trading strategies, which can lead to more efficient trading.

8. Disciplined trading execution : Bots strictly adhere to the given strategy, which can lead to more consistent results and does not allow for exceptions as they are not influenced by emotions. This is especially important to show traders that discipline can also provide a significant advantage in their own trading.

9. Scalability : Trading strategies can be easily scaled as bots can manage a larger number of trades without any additional effort.

10. Liquidity assurance : The high number of trades carried out by automated systems contributes to the overall market liquidity.

On to new shores It is time for European traders to recognize and utilize the benefits of automated trading. Studying the subject and understanding how to configure bots and indicators is essential to building an effective, personal trading system. Trading with bots can not only improve your strategy, but also lead to greater profits, as 90% of daily trading is already done through systems, which also keeps the market liquid.

The European Union at a turning point

Europe is at a turning point where it is crucial to recognise and embrace the potential of automated trading. In a world where markets are changing rapidly and technology is advancing daily, those who adapt and evolve can reap the benefits the future holds.