What Is an Automated Trading System?

Sourced from https://www.business-opportunities.biz/2020/08/27/what-is-automated-trading-system/

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Automated trading systems are automatic systems that allow investors to set up explicit rules for trade entries and exits. Once a trader has programmed such a system, the program executes trades automatically via a computer.

Automated trading systems help to augment trading. This is because they allow more shares to be traded on the exchanges.

One of the characteristics of automation is precision. For example, you can turn precise entries and exits as well as money management rules into an automated trading system. The computer then executes and monitors your trades.

Moreover, trading can be a very emotionally draining process. Watching your funds take a dive when the market turns against your position is no fun. But automated trading systems help to take some of that emotion out of the equation. Your automated system will place your trades automatically when the market meets the conditions you have set…. Read More

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