Automated Trading

[tommy0921]

Today, our topic automated trading - An Overview of Trading Systems - And Why You Should Use Them

Benefits of a Mechanical Trading System

• Eliminates emotion
• Eliminates need for constant decision making
• Ensures consistency of approach
• Risk control
• Same approach can be applied to many markets
• Approach can be tested for statistical reliability

The e-book I just download is going to explain how to use some technical indicators to enhance short-term trading. Good content.

 

[tommy0921]

A difficult challenge facing a trader, and particularly those trading Forex, is finding perspective. Achieving that in markets with regular hours is hard enough, but with Forex, where prices are moving 24 hours a day, seven days a week, it is exceptionally laborious.
I have a good article that you may want to look through. just download it, good content.

 

[inggo]

I guess its worth checking as long as its free, thanks for sharing mate, been thinking about automated trading since I've first joined hotforex or rather forex trading, but it seemed to complicated at times 😀

 

[Ary Barroso]

I don’t think, trading is any shortcut way of money making! If it will, then maximum traders will be the successful! But the reality is different; here more than 90% traders are the losers! Definitely, I prefer . manual trading.

 

[PolinaPolly]

What's important in automated trading is not to trust the robot wholly. I agree, it's laborious to trade manually all the time, but I believe, the combination of two is better.

 

[Ary Barroso]

What's important in automated trading is not to trust the robot wholly. I agree, it's laborious to trade manually all the time, but I believe, the combination of two is better.

Agree with you, but it’s not easy to develop any profitable automatic trading system; but manual system is relatively easy.