Does Automation Encourage Passivity and Complacency?
Passivity is the absence of the physical rigors in trading. Complacency is that man has passed the buck of trading to robots. He merely stands at the sidelines and just waits on the receiving end, waiting for the, so called, return of investment. Is this the negative result of technology on currency trading? Before the introduction of automation, the corridors and the great hall of the trading markets were filled and overflowing with people. All those wanting to enter the world of trading had to enter these hollowed halls and brush elbows with veteran traders. Today, any one wanting to engage in trading can do so in the confines of their homes. There is no more physical exertion, there is only passivity. The rush of adrenalin to engage in trading and to obtain tips from the veteran traders, are now a mere memory of a more robust and chaotic trading scene. This passivity would be taken to the next level by the introduction of highly developed software. Technological advancement cannot b
