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Igor

Automated Forex Trading Definition

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Automated Forex Trading is a broad term that could refer to stop or limit orders that have been previously established by a trader, or in the algorithmic trading that defines trade parameters independently through mechanisms such as an Expert Advisor in MetaTrader. Automated trading can carry a higher risk of loss and position sizes should be lowered as a means of protection against adverse market movements.

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In automated Forex trading, robots and algorithms work. The information generated by these robots known as signals or indicators. However, sometimes these signals may generate wrong information hence; take care while making any decision.

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