Investors and professional traders have favored copy trading or auto trading for months. This type of trading makes it possible to better and faster define positions (trailing stops, guaranteed stops, openings, etc.) on several markets simultaneously. But is this kind of trading really beneficial and the typical options Top Avatrade trading robot do they improve your profitability in terms of speculative investments?
What is auto trading?
Copy trading, also called auto trading or social trading, uses a pre-established program that allows its users to open or close positions in the markets automatically by following the data entered upstream, meaning that time is not wasted monitoring rises and falls in commodities, CAC 40, Forex charts for every financial market in which you invest your time and money. Moreover, thanks to specific algorithms, you can trade your positions according to market developments while adjusting your pre-registered parameters.
How does auto trading work?
As an investor, you choose the forex broker trading platform of your choice that offers automated trading options, such as the top Avatrade trading robot, for example. You then need to set your parameters according to the trading strategy you want to adopt. Your personal algorithm will follow the selective criteria that you have predefined and will place the orders for you. The automatic order criteria relate to the price of the position at the opening and closing of the market, i.e. its timing, as well as volume or price.
What is the interest in automated trading?
Your automatic trading continuously monitors the markets that interest you and places orders according to the parameters you have predefined (stop guarantees, rising rates, falling rates, etc.). The goal of automated trading is to place orders quickly, safely and efficiently. : the markets are scrutinized, the investments are optimized according to the technical data and according to the various events that the financial markets have gone through.
Avatrade’s best trading robot
One of the best trading platforms in the world, Avatrade, offers its investors to use the services of its best trading robot. Its use is simple, effective and completely safe, and is aimed even at beginners. The platform also provides a demo account to its users before they start engaging in copy trading.
Avatrade’s best trading robot offers the specialty of being scalable, as Avatrade’s IT team is constantly working to improve it so that it is always more responsive to market changes. In fact, this automatic program makes it possible in a very short time to analyze the various data of the positions, which makes it possible to execute the automated orders practically in real time, which the human mind could not do. The reactivity rate is therefore multiplied and makes it possible to make profitable investments or avoid significant losses for traders.
Trading online by placing orders manually or via automated trading is possible, you just need to find the right online trading platform that meets your trading expectations. The advantage of automatic trading is that it is not necessary to constantly follow the financial markets, the algorithm adapted to your investment criteria does it for you. The advantage of having been able to inform and save your parameters means that you do not trade on trading lines too abruptly and without having read all the technical data. Automated trading can save you from big losses or save you a lot of money.