Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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STARTRADER PRIME

Automated Forex Trading

Friday January 24 2025 12:04

Automated forex trading is a system of trading foreign currencies with a computer program based on a set of analyses that help determine whether to buy or sell a currency pair at a given time.

One of the benefits of automated forex trading is that it can execute many orders in no time, and it helps reduce the human emotions involved.

If one asset goes really high, and there is no automated trading involved, the human might be pushed by greed to sell all the time. However, this deviation from strategy might cause losses in the long run. Nevertheless, the automated trading will just follow the set of rules already assigned.

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