What is automated trading?

[gals]

Automated trading is a method of participating in financial markets through the use of programs that enforce pre-set rules for entering and exiting trades. As a trader, you combine comprehensive technical analysis with setting parameters for your positions, such as opening orders, trailing stops and guaranteed stops.

Trade veterans usually prefers trading manually however if you have any valid profitable strategy you can get it coded into an EA to automate your trading experience. However, EA trading also require monitoring during the volatile market conditions.

[Shawn]

Hello, financial architects! Think of inflation as shifting sands, and investing as your blueprint for constructing lasting wealth. And here's your drafting tool – BeatMarket. It sketches intricate patterns of market behavior, helps you measure your building blocks (metrics), and ensures your financial structure stands strong.

Taking into account how volatile financial makets can be this time I don't even imagine how some traders can do automated trading without scrutinizing charts all the time (like I do).

[FXOpen Trader]

Taking into account how volatile financial makets can be this time I don't even imagine how some traders can do automated trading without scrutinizing charts all the time (like I do).

We will need to understand that trading in the Forex markets is not going to be easy and will require more Efforts. If we will make more Efforts in the right direction then our trading based income will also get increased and we will be able to get sustained amounts of profits.

[younginvest]

automated trading sounds like it's from the future. It's basically this thing where you let a computer program do the trading for you. You give it some rules, and it goes off and buys or sells stocks or whatever. Seems like a good idea because who has the time to sit there and watch numbers all day? Plus, I heard it helps you not make dumb decisions when things get crazy in the market. I'm still trying to figure it all out too. I'm only 17 and not even sure if I'm old enough to start trading - I saw this article: https://www.moneymaver.com/how-old-d...est-in-stocks/ It cleared up some stuff for me.

[Mosshy]

This is the first I've heard of it. And frankly, I'm afraid to get involved. I'm much more comfortable with the old scheme. You take the coins and sell crypto venmo. Then you buy, sell, go to the exchange, make money, sell, buy again. The scheme is endless and reliable. And to turn the exchange into passive income is wrong. There are too many variables to trust a piece of intelligence.