T2W Bot

Staff member
The projections for the expansion of robo-advisors are bold, to say the least. But simply because it is a rising pattern doesn’t mean it is best for you. It depends upon how you want to function as an investor and what your objectives are. So, let’s take a closer look at these automated providers.
Who Are the Robo-Advisors?
A number of the most well-liked robo-advisor providers are Wealthfront, Betterment, Personal Capital and FutureAdvisor. These are all impartial platforms, although large funding administration agency BlackRock acquired FutureAdvisor in 2015. Several different brick-and-mortar monetary establishments have launched robo-advisors to complement their providers. Among them: Charles Schwab, with its Intelligent Portfolios service; Wells Fargo, with its Intuitive investor; and Vanguard, with its Personal Advisor Services.
Wealthfront has a minimal funding of $5,000 and between this and up to $10,000, the service is free. After $10,000, there’s simple a 0.25%...

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The answer to the headline question, is of course "It depends". If you have simply bought a robot from a marketplace without adequately testing it on a wide range of assets and through a wide range of market conditions, then the answer is 'no'. If you have developed your own algo (robot) based on sound research you have undertaken, based on a logical and meaningful premise, then rigorously backtested it in a statistically significant way, and proved that it works for a wide range of assets, and you know which market conditions it should be traded in (and which should be avoided), then the answer can, of course, be yes. It's the same as everything else. The right approach requires a lot of effort and dedication. In trading, there are no easy options.
 

rickhobbsonce

Junior member
My answer would be "that depends." Robots are useful and make trading less exhausting. However, we are talking about a market that changes drastically in seconds. Can robots beat human analysis?
 
 
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