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“THE BENEFITS OF ROBOTICS in fintech”

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One of the most significant advantages of employing a robot authority is to avoid expensive finance mistakes. It’s been repeatedly documented over that one in all the primary reasons investors get poor out comes is because of their discretionary judgment or human emotion. Investors build emotional choices at market highs and market lows and supported gut feelings. Software package programmed in the robot doesn’t make these types of mistakes. All logic is rule based and appropriately coded based on a set of predefined requirement. Robot design to work alongside with humans, not replace them. Robot specializes in the dirty, dull and dangerous jobs.

Another profit is reduced stress. Once you open your account, the robot authority software package automates the entire method. You now not got to worry if you ought to build changes to your portfolio or marvel if you ought to invest additionally in technology or less in financials. Don’t get to log in and place trades. You don’t get to worry that a broker or different commercial sales person is creating a recommendation that’s not in your best interest. The robot will give proper advice based on machine learning on past successful investment profile.

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Patrick Goh Mr. Patrick Goh B.S is a research engineer with more than 10 years in industry of IT, Engineering and Financial market experience. In 2013, he joined financial institute’s research team as R&D software engineer mainly researching on technical analysis, inter-market correlation and fundamental factor in leveraged trading instrument using machine learning technique and programming algorithmic trading strategy by quantifying trader sentiment behind the price movement.

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