In today Training, I will  be explaining to you in brief  What is AUTOMATED TRADING ?

What is AUTOMATED TRADING ?

Automated trading is a method of participating in financial markets by using a programme that executes pre-set rules for entering and exiting trades. As the trader, you’ll combine thorough technical analysis with setting parameters for your positions, such as orders to open, trailing stops and guaranteed stops.

Auto trading enables you to carry out many trades in a small amount of time, with the added benefit of taking the emotion out of your trading decisions. That’s because all the rules of the trade are already built into the parameters you set. With some algorithms, you can even use your pre-determined strategies to follow trends and trade accordingly.

How does automated trading work?

First, you will choose a platform and set the parameters of your trading strategy. You’ll use your trading experience to create a set of rules and conditions, and then your custom algorithm will apply the criteria to place trades on your behalf. These factors are normally based on the timing of the trade, the price at which it should be opened and closed, and the quantity. For example, ‘buy 100 Apple shares when its 50-day moving average goes above the 200-day average’.

The automated trading strategy that’s been set will constantly monitor financial market prices, and trades will automatically be executed if predetermined parameters are met. The aim is to execute trades faster and more efficiently, and to take advantage of specific, technical market events.

MY OFFER TO YOU

Are you interested to start Automated Trading Business where you will be making nothing less than $150-$500 per Week, then Join my  free Trading mentorship program and learn exactly how to start trading like the pro. CLICK HERE TO START TRADING RIGHT NOW.

Until then, TakeCare

Mr.  Emmanuel Ochie,

Your Mentor and Coach

Founder and CEO

24HRAUTOTRADE.COM

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