As technology advances, there are more and more ways to use it to help make our lives easier.
Computers and artificial intelligence are starting to permeate through many aspects of our lives. From simple things like cleaning or self-driving cars to more complex situations like bomb disarming, robots are able to complete certain tasks without human influence.
There are also options in the financial market that allow for artificial intelligence decision-making. For example, binary options can be controlled by robots.
The History of Binary Options
A binary option is based on the principle of all-or- nothing or high-low, where you risk a certain amount for a predetermined monetary amount. It’s a risky option but with the right tools, it can be very profitable.
Using robots to choose yes or no for you on your stock options can also be tricky but can be
Here are six binary options robots that actually work in making yes or no decisions.
Binary Robot 365
Binary Robot 365 is one of the many choices in automated trading software that can choose to buy or pass on your stock options. What sets this one apart is the impressive amount of features offered. For example, your robot will present you with broker options without assigning one to you so you can find the one that works best.
You’ll also be able to input other customizable options.
Relatively new to the trading scene, Option Robot offers completely automated trading.
About Patrick Jones
You also don’t need any previous trading knowledge in order to use it. This robot also has access to reputable brokers for you to choose from.
Mike’s Auto Trader
Before you wonder who Mike is, the name is just an example of one way you can customize this robot.
This totally free software is also fully web-based and has gone through recent upgrades. Choosing this option will also give you access to the developer’s social media page where he has a private signals service (a notification of fresh trading opportunities).
Binary Robot Plus
This is a digital version of an actual system used by real world stock traders and one of the more advanced.
One of its main features is its ability to be tailored to fit your exact training requirements without any unnecessary additions.
It can take a lot of time watching the markets, checking predictions and then deciding on buying or selling. This is a great robot option if you don’t have high amounts of time to dedicate to the process but still want to capture some of the great benefits of trading.
Using your chosen methods and preferences for binary options, Automated Binary makes the decisions that you would without you having to juggle your schedule or miss other daily events.
One of the drawbacks to using automated robots for binary options is having to download bulky or potentially dangerous software onto your machines.
BinaryOptionAutoTrading requires absolutely no downloads in order to get started.
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Once you sign up on their site, you’re immediately matched with a broker who can help guide you through the process and get you started.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
Posted-In:Binary OptionsOptionsMarketsPersonal Finance