Advantages: Increased speed and accuracy of transactions Removal of human emotions from transactions Possibility of 24-hour trading Better risk management Access to market information and analytics Increased efficiency of trading processes Disadvantages: Need for knowledge and experience to properly set up and use the robot Possibility of errors in robot algorithms Possibility of fraud and abuse of robots Dependence on market conditions and lack of profit guarantee Costs associated with purchasing or renting a robot and subscribing to services
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