automated

The world of forex trading has long been known for its fast pace, complex analysis, and the constant need to monitor the markets. For newcomers, the idea of trading currencies can seem daunting. One solution that many beginners are exploring is automated trading. In this comprehensive article, we’ll dive into what automated trading is, how it works, the benefits and potential pitfalls for beginners, and provide guidance on how to get started safely and effectively. What Is Automated Trading? Automated trading, sometimes referred to as algorithmic trading or “algo-trading,” involves using computer programs to execute trades automatically based on pre-defined…