Speed is indeed one of the most important parameters which successful traders implement in their portfolio of trading strategies.
Executing orders with maximum capacity allows you to take advantage of the daily opportunities.
On the other hand, missing various opportunities can be fatal, as many traders fall into the trap of placing an order either too fast or too slow in their attempts to cover up the delay caused due to their inability to react on time.
Speed takes advantage of opportunities
By not being able to act on time the current or upcoming trading opportunities may be gone.
Therefore, the introduction of advanced technological tools, software scripts, transformed the lack of trading speediness into an advantage.
Such trading robots, which are designed and implemented by high-tech developers, took over the trading world and the capital markets in general.
Moreover, the fast execution and the artificial intelligence of such software scripts made the life of professional traders, hedge funds, and retail traders much easier.