What is a trading robot (automated trading)? | bestbrokers.co.uk

Image: Trading Robot

Trading robots are currently amazingly popular, and used on the Forex, with shares, or even for binary options trading. A trading robot is a software programme dedicated to trading. It places orders automatically, following signals indicating market trends. In other words, it is a trading tool based on a technical analysis of statistics available to actors on the stock market. The robot is operational 24/7 and can thus make investments for a trader who does not have to follow asset values constantly.

This is a companion discussion topic for the original entry at https://www.bestbrokers.co.uk/definition/trading-robot-automated-trading.html