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21 Jul 2022

Common Myths About Algo Trading

Myth 1: Algo Trading is only for professionals

Reality: With tools like Market Mentor, anyone can start algo trading. You don’t need to be a coder or a finance expert.

Myth 2: Algorithms always guarantee profit

Reality: No strategy can promise 100% success. Algorithms reduce emotional errors and improve discipline, but market risks still exist.

Myth 3: Algo Trading is too complicated

Reality: Modern platforms simplify algo trading. You just set your rules, test them, and let the system trade automatically.

Myth 4: Once set, it runs forever without updates

Reality: Markets change, so strategies need periodic adjustments. Algo trading requires monitoring and fine-tuning for the best results.

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