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Tickeron Report Highlights the Benefits of AI Robots in Trading

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Tickeron Report Highlights the Benefits of AI Robots in Trading

September 04
23:48 2020
Tickeron Report Highlights the Benefits of AI Robots in Trading
Tickeron internal study revealed clear AI advantages in the areas of data gathering, emotional bias, trading plans, and consistency.

September 4, 2020 – Tickeron, an online analytical platform for traders and retail investors that utilizes both artificial and human intelligence, recently conducted an internal study of trading activities on their platform to analyze the benefits of artificial intelligence (AI) versus those of human intelligence (HI). The results show that AI-powered tools, in particular AI Robots, provide a clear advantage.

Tickeron is an interactive platform that combines data from multiple investment websites, access to professional financial advisors, and AI technology to analyze trading patterns and trends. The site allows users to gauge risk versus reward and implement sector rotations in a timely manner. There is also an educational section titled “Academy”.

The artificial intelligence internal study revealed clear AI advantages in the areas of data gathering, emotional bias, trading plans, and consistency. Human intelligence won out on innovation, though positive trading results are difficult to track in that area.

Data Gathering:

Humans gathering trade data, even with the help of a computer, move significantly slower than AI data gatherers. There’s also a high margin for error, as humans are fallible. The study revealed that AI data gathering is more accurate and enables the trader to work faster, a critical difference for high volume day traders.

Emotional Bias:

Traders are generally viewed as cold-blooded, but they are human. That means there’s potential for an emotional bias when making trade decisions. Machines have no emotions. Artificial intelligence is able to analyze patterns and recommend trades based on technical analysis. Leaving feelings and “gut instinct” out of it leads to a higher success rate.

Trading Plans:

Creating and implementing a trading plan can be done by human intelligence, but AI does it faster and is better able to follow the plan without deviation. AI can also detect flaws in a plan long before human eyes will recognize them. The ability to quickly identify and adjust for faulty trade plans prevents traders from incurring big losses.

Consistency:

Humans sleep. Machines don’t. The study reveals that twenty-four hour availability is necessary to successfully trade in a global market. In addition to being able to identify trading patterns, AI can also be utilized to set stop-losses and execute trades while human operators are sleeping. It allows traders to be more consistent in their trading activities.

Innovation:

Traders use technical analysis to identify trading patterns and make decisions based on uptrends and downtrends. Investors, who look to hold a position long-term, use more fundamental analysis such as financial statements and media stories. The latter requires innovation, something that humans are good at. AI is better for technical analysis.

Tickeron will release additional details from their AI trading report over the next several months, including a comparison study between human-generated and AI portfolio models. Look for that and a deeper analysis of AI-detected chart patterns and how they reflect current market conditions. This information will be published on the Tickeron Blog.

Media Contact
Company Name: Tickeron
Contact Person: Sergey Savastiouk
Email: Send Email
Phone: +1-408-720-3333
Country: United States
Website: https://tickeron.com/

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