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Opinion: Bots are a critical tool for retail investors

Published 01/19/2023, 06:03 PM
Updated 01/19/2023, 07:40 PM

The thing about the future, where robotic super traders battle over micromovements in stock price, is that it’s already here. With access to algorithmic trading bots a click away, we could be seeing the fall of human investors and the triumph of artificial intelligence.

Algorithmic trading bots are programmed to buy and sell when they detect preprogrammed conditions and can execute pretty much any trading strategy. They have been used by professional traders for two decades, and these firms have taken them into the crypto markets too.

Bill Xing is the head of financial products at Bybit. Prior to joining Bybit, he co-founded Panda Analytics, a crypto indexing and trading automation firm. He holds a master's degree in financial engineering from the University of Illinois at Urbana-Champaign.

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