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Automated Trading Cheat Sheet

By DailyFX Team
27 February 2013 00:25 GMT

Automated trading is gaining popularity in forex. There are several reasons why traders are interested in automation including access to a 24 hour market, emotionless trading and accuracy of strategy execution.

Identify important factors in designing a strategy. Some traders may not have time to design their own but yet are attracted to automated trading because they don’t have time to research the market. Therefore, a little time invested on the front end to make sure the strategy is right for you is important.

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27 February 2013 00:25 GMT