> Are humans needed for financial trading?

Are humans needed for financial trading?

Posted at: 2014-12-05 
Consider this: An airplane has auto pilot. So, why does the airline still need to hire the pilots?

Because even if the plane could fly nicely and on route, it's not 100% foolproof.

Same idea goes for said banks and hedge funds. They still need people to watch over the systems and make sure it's functioning as designed. That, and many of them assist investors in doing manual trades.

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Every indicator has a weakness or blindspot. No such thing as a free lunch on Wall St.

i dont understand why every one dosent do it these days

what i dont understand is why are humans needed these days for financial trading. You get websites that use indicators to automatically predict weather to buy or sell and are more accurate than humans not to mention faster and cheeper. why do banks and hedge funds still employ humans?