Why traders use automated trading
One major reason why traders utilise automated trading is that it removes emotion from the trading experience.
Trading strategies can be trialled before going live (a process called backtesting), and are faster in execution than traditional trading. There are numerous problems associated with removing the human element from trades that need to be avoided, however. Flaws in set up can quickly become costly, and technical failures can be problematic. Automated trading systems need monitoring to ensure that they are performing as intended.