Disadvantages of Stock Trading Systems Online
The main disadvantages of stock trading systems online are:
a) Automated trading systems can not always deliver perfect results.
b) Online stock trading systems require a great deal of practice as they are quite complex. Their technical analysis requires the user to develop a thorough understanding of the parameters.
c) Owing to their complexity, a lot of testing and practice is required before buying. This means a considerable time and effort is required on behalf of the trader.
d) Another disadvantages of Stock Trading Systems is that the simulated results differ from the actual results to a great extent.
Despite these disadvantages of Stock Trading Systems , online traders still prefer to use them as the benefits are much more. Traders need them to stay up-to-date with the market and perform thorough analysis.