FX Trading Command Room| 第13回 Why automated trading is surprisingly suitable for FX beginners [FX Strategy.com Editorial Department]
From the position of publishing the country’s only monthly FX information magazine, the purpose of this project is to extract mistakes and common misconceptions that many traders tend to fall into and share them with you. This time, we would like to think about “automatic trading.”
【FX Trade Command Room [FX Strategy Editorial Department]】
・Episode 1 League and Tournament
・Episode 2 Before starting scalping
・Episode 3 Steps to FX Proficiency
・Episode 4 Make effective use of various order types
・Episode 5 About seeking the holy grail of FX
・Episode 6 Technical indicators are not all-powerful
・Episode 7 In FX, ranging markets are the normal mode
・Episode 8 Do you verify before demo trading?
・Episode 9 Do you need many screens for FX trading?
・Episode 10 Why can’t you win with know-how alone
・Episode 11 Why can people not cut losses
・Episode 12 Two formats for following trends
Table of Contents
1. Automating trading is becoming popular now
2. Automation must be rule-based
3. Structurally solving beginners’ issues
4. Automation has already cleared four fundamental problems
● Character count: 1565 characters (including headings)
● Image: 1
※This article is a reedited version of an FX攻略.com August 2018 issue article
Automating trading is popular now
Recently, programmed automatic FX trading has become quite popular. Automating trading means trading FX automatically, and it can be broadly classified into programmed and repeat-type.
Programmed-type refers to a type of automatic trading that repeats trades based on pre-programmed buy/sell rules. Operating MT4 EA (automatic trading programs) has become the mainstream today.
Meanwhile, repeat-type refers to an auto-trading style like Takara-Tripe (Tari-Lipi) or Loop If-Dun, where orders are placed at fixed intervals according to price movements and profit-taking is repeated.
Now, let’s take a closer look at programmed automatic trading.