EA development specialists explain clearly and carefully! A beginner's guide to automated trading from zero | Episode 13: Discretionary trading vs automated trading [FX Noble]
FX Noble's Profile
From discretionary trading to automated trading, since 2017 he has been listed as an EA developer on GogoJungle. With over 1,000 sales in total, including his代表作 “Scalping Dragon,” he also shares various information about automated trading on his blog and Twitter.
Official Blog:FX Noble's EA Development Blog
Twitter:https://twitter.com/yenpetit
※This article is a reprint/edit of an article from FX攻略.com January 2020 issue. Please note that the market information written in the main text may differ from current market conditions.
Automated trading: A trading style recommended for busy people
When people are told about automated FX trading, many honestly don’t quite grasp it right away. I myself started with discretionary trading and later moved to automated trading, so at first I didn’t know much about automated trading. Now I’m deeply involved in developing and operating automated trading, but automated trading remains a relatively minor area within FX. To help those without automated trading experience understand its魅力 andメリット, in this article I will compare discretionary trading and automated trading.
FX trading using automated trading, as the name suggests, can trade automatically without monitoring the chart by a person, making it the biggest advantage for working professionals who can trade in their spare time. In discretionary trading, depending on the method, you may need to sit in front of charts for long hours every day waiting for opportunities. In automated trading, once you set it up, the program will trade automatically without further action.