There's no difference really. Not all strategy can be converted to a trading bot anyway so you can only trade manually. If some or all of the parts of the trading system can be converted to an automated process, then of course, it's way better because it will lessen the stress and effort on your end. I don't see the point of choosing one over the other.
People who strictly choose manual trading only thinks that they have the control but unfortunately, there's too much uncertain parts with the financial markets. If some things will help you control some parts of the trading process, that will always be the best path.
Of course, I heard about algrotrading. Maybe someday I will try it too, but there’s one thing that is more important for me. It’s manual trading. I haven’t started trading on a real account yet, so I think that it’s too early for me to think about robots. I hope soon I will open a real account and get down to real trading. I think I have tried everything on a demo account and I feel a strong need to test myself on a real account. I heard a lot about great difference between trading on a demo account and trading real money. Of course, I expect a huge stress. I don’t think that there’s something wrong with my nerves, but I do expect that it will not be very easy. So, manual trading on a real account is the thing I try to prepare myself for now. I think I will try trading robots once I gain enough experience on a real account trading manually. I don’t want to try robots earlier.
I should confess that I’m afraid of entrusting my money to trading robots. I certainly heard that many traders successfully use robots but I can’t overcome this strong phobia. I want to be assured that I can control my trades all the time. I perceive algo trading as something unclear, uncertain, and potentially dangerous for my trading capital.
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