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On a technical level, the management process is begun by an investor (either an individual investor or a business entity) who then selects a stock manager or trader who accepts the responsibility of managing their financial accounts. This service usually includes analysis of profits and losses, determining which signals to use, among other investment decisions. In this post, well explore the differences of using a binary options managed account overseen by an automated system and a real individual.
Automated Binary Option Managed Accounts The beauty of using an automated system (otherwise known as a binary option robot) is the fact that little to no work must be done manually, either by yourself or by the individuals you hire to oversee your account. By trusting a trading system to analyze data and complete trades, you are removing the risk of making mistakes due to human error and emotional attachment.