Larry Levy
Larry Levy

“Going Automated” Strategies and Systems

In recent years there has been expansive growth in automated FX trading. For example, whist the majority of clients at Strategy Runner, (the vendor that facilitates automated trading connecting a variety of automated trading applications to a range of brokers) are still futures based, the gap is rapidly closing in favor of FX.

This trend towards automated trading in general and even more so automated FX looks set to continue. The mere idea that you can develop or just buy/lease a system the shelf that then automatically works profitably appears to be irresistible, whether or not it turns out to be the case in many cases. Reasons to “go automated” include increased reliability, lack of emotional overload and other factors that often lead to unwarranted losses in the market. Being able to let an “automated system” trade for one also lifts the veil of personal responsibility and blame from the trader to the system itself and enables such systems to be better appreciated with the knowledge that ones own input or lack thereof is not a factor in the outcome of trades. Anna Serbinenko “exponential growth of interest in automated FX trading”  Despite its attractions, fully automated trading clearly has a long way to go before it comes to dominate the overall FX market. Many...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here