Trading bots: Is it game over for human financial analysts?

It’s often said that a trader’s worst enemy is himself. Behavioral biases tend to throw otherwise rational trading strategies out of whack as anxieties over loss aversion, the fear of missing out, or even overconfidence take control—ultimately putting portfolios in jeopardy. Fortunately, technology has progressed to a point where impulsive decision-making humans can be replaced by unerring and emotionally-neutral trading bots. And some believe they’re the future of finance. Conquering cognitive bias: A quantitative approach When evaluating an investment, traders use several strategies to better identify entry and exit opportunities. Among them is qualitative and quantitative analysis. The latter involves…

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