The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#199 - We Just Removed Human Error From The Options Market
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:04:04
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again at optionalpha.com and welcome back to the daily call. One of the things I’m very excited about with this new auto-trading platform that we’re rolling out soon is that we have basically been able to remove human error from the options market. Now, I won’t go as far as to say that there's totally error removed because there's error in building out a bot or strategy. If you build out the wrong bot or the wrong strategy, then that error is on the frontend. But what I'm talking about is the errors on the backend in the execution of a strategy and breaking of rules that so commonly happen when we’re trading as humans, as people, when we’re manually clicking and entering trades. What has happened for basically all of history in the options trading space, the entire time that options trading has been around for retail investors is that we've had to manually choose, pick and choose our entry points, manually pick and choose our exits in most cases and then manage our portfolio. W