FX Trading Operations Room - Eliminating the sources of failures for FX beginners with data accumulated since 2008! Episode 13: The surprising reason automated trading is beginner-friendly for FX [FX Strategy.com Editorial Department]

From the position of publishing Japan's only monthly FX information magazine, the purpose of this project is to extract common mistakes and frequent misconceptions traders tend to make and share them with you. This time, we would like to think about "automatic trading."

Automation trading is currently gaining attention

Recently, programmatic automatic trading for FX has been quite popular. Automatic trading, literally, is FX management that trades automatically, and it can be broadly classified into programmatic and repetitive types.

The programmatic type is automatic trading that repeats trading based on pre-programmed trading rules. The type that operates MT4's EA (automatic trading program) has become mainstream at present.

The repetitive type, on the other hand, is automatic trading like Traili-pi (TariPi) or Loop If Done, where orders are placed at regular intervals according to price movement, and profit-taking is repeated.

Now, let's take a closer look at programmatic automatic trading.