ANALYSIS OF FACTORS AFFECTING INTEREST OF THE MILLENNIAL GENERATION IN ROBOT TRADING FOREX

Today, transactions can be done automatically so that sellers and buyers feel more convenient and don't waste a lot of time. Technological advances enable companies to keep up with the times. Robots are useful for the current 4.0 era, especially for traders so that they don't have to watch...

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Bibliographic Details
Published in:Journal of Theoretical and Applied Information Technology
Main Author: Kurniawan Y.; Kusumoningtyas T.; Anwar N.
Format: Article
Language:English
Published: Little Lion Scientific 2022
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85139505034&partnerID=40&md5=79c058cdf9d9baf7edbe181d401b071f
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Summary:Today, transactions can be done automatically so that sellers and buyers feel more convenient and don't waste a lot of time. Technological advances enable companies to keep up with the times. Robots are useful for the current 4.0 era, especially for traders so that they don't have to watch the moves every time. This study aims to analyze the impact of knowledge, ease of use, investment risk, investment return, and trust on millennial interest in forex trading robots. The data collected in this study was disseminated via Google form and snowballed through social media and group chats. The researchers used partial least-squares structural equation models to analyze data and results obtained by variables such as knowledge, investment risk, and trust, which influenced millennial interest in forex trading robots. Meanwhile, ease of use and return on investment do not affect millennials' interest in forex trading robots. This research shows that traders are influenced by their thinking and adapt to their wishes when making the decision to invest in Forex using robots. © 2022 Little Lion Scientific.
ISSN:19928645