The robots will certainly help you with the process of earning money on forex, but they will not replace your trading skill. So think twice before opening or cling your trade, even if such kind of inventions are appearing, they are only to HELP you, not to lead you to success.
Industrial robots promise to replace 70 to 90% of existing manufacturing jobs. People will learn new ways to achieve an economy, to achieve economic development. An economy needs to adjust, to be flexible if you gave pink slips to more than half the labor force.
Robotic process automation bots can follow strong and comprehensive algorithms to tackle almost any kind of task. In case in encounters a situation in which it does not contain the appropriate instructions or sufficient information, it can simply raise the attention to a human supervisor. This makes it a great fit to replace many mundane operations that are currently performed by humans. Unlike a human employee, a software bot does not require holidays or salaries. Apart from the initial costs, which are related to establishing the required infrastructure and maybe modifying the extant processes to make it suitable for automation, there are no additional costs related to automation.
With them, you can look to trade multiple systems. This means they can trade with various indicators at the same time. Moreover, the robots can take up both short and long frames. Short frames are more conducive for daily spinners who look to tackle as many frames as possible.
Dealing with sensitive data. Security, accuracy and fraud prevention are critical elements within finance and accounting departments. Here again, Robots outperform humans. Robots log into applications with the same user name and password credentials as humans. However, Robots only examine data directly relevant to the task at hand, they never make human errors and they have no motivation to use information or system access for fraudulent purposes. Robotic automation can also be applied on virtual workstations within data centers which further limits access to keyboards and computer screens by non-approved eyes.