Online trading is a type of trading where you buy and sell financial products through online trading platforms but automated trading is a simple type of trading and uses mathematical rules to make sell and but decisions. Automated trading is software which is very classy trading platform that use some computer algorithms to monitors the markets for some reasons. It is popular for trade futures and funds and it is typically used with stocks. Autotrading in UK is require the use of software that is linked to a direct access broker, Many type of trader’s use this platform for trading a stock market trader use this platform for set many guidelines for equities such as volatile small-cap stocks with all the prices that are recently crossed over their fifty days moving average. This platform has some strategies which work with specific conditions or rule and these rules or conditions are not universal you may deploy them when to understand that when it needs to be deploy and some conditions are over optimized. So have must have understanding and deep knowledge about them that how to deploy them and use this platform. Basically this platform relax traders some traders set the exit and entry points for their positions and let the computers take over. This software’s are much flexible because these are automated software’s they can monitor for stocks that fit the criteria and execute the trades based on the pre-conventional parameter. Automated trading systems can also be used in expanding trades. Traders can trade using numerous accounts or using various strategies simultaneously.
Provision in automated trading
Automated trading platforms provide many facilities to the traders like the transaction cost is lower and all the strategies are pre-defined and do not deviate. The execution is much faster. And the main thing is eliminates stress. For trade Forex product Meta Trade 4 is used. Meta Trader 4 provides the traders the analytic features for all the intricate technical analysis. Many facilities are provided in this platform because the experts who have vast experience in trading field create automated trading system. The brokers are directly linked to this software and basic requirement of this software is to use and linked with the direct access brokers. All instructions are written in exclusive language. To preclude massive losses in trading the automated system supports the traders. It is automated system so when the trade has been entered it automatically generates stop-loss orders and trading stop. In this way the order serves to protect the trader’s investment that he invests in it. As well as the profit targets also generate instantly a trade is entered. This is much flexible and a convenient way of trading for the individuals and traders because it removes the stress about loss because it is an automated software. They reduce the stress like they have decrease the number of trades that made on emotional source. Emotions are the better part of human but stress anxiety may overcome them and may cloud judgment particularly while trading. In this way the automated trading system software these emotional based trading’s much reduce.