Thank you Kevin. There is no doubt that automated trading is the best way of trading as it involves human emotions. And we are trying to get to a state where we can automate all trading.
However, there is a key point I would want to highlight.
There is a difference between algo trade generation with automation and algo trade execution with automation. The former is easy. And it does not solve the key psychological issues of retail trading. It only helps you to find good trades using a machine. You will still need to execute them manually, which is where all the risks of discipline lie. This is where automated execution comes in. If your trades are executed by a machine, then the risk of psychology, not hitting stop loss, position size etc is gone.
If you ask me automation and algos should come in the latter - which is execution and not in the former which is generation.
The issue in that is that automated execution by algos is not available for retail yet in the country. Perhaps, @siva-reddy or @nithin can throw more light here.