For example, if you were interested in purchasing stock from a company that has a large presence in Atlanta. You would consider Atlanta traffic reports as an indicator of how likely people are driving to work and using their products or services. It would, in turn determine your willingness (or unwillingness) to buy or sell their stock.
This hypothetical scenario shows how risk (riding through Atlanta traffic) and an indicator of market volatility (shifting work habits due to changes in traffic patterns) can have a direct impact on your portfolio management strategy.
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Automated Trading Strategies
With so many trading bots on the market, it can be difficult to know which ones are actually worth your time. Before settling on a particular bot, you should take the time to consider what type of strategy is best suited to your trading style. The following lists some of the core features that set these bots apart from each other.
Bots that come with pre-built strategies are often able to offer more robust interfaces than those created by users. Some of these robots don’t even require a user to input any parameters at all; instead, they will automatically identify trends and initiate trades based on those trends. This can help you get started faster since you don’t have to worry about adjusting settings.
