Quote Originally Posted by Katrina View Post
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.