Investors and professional traders have been favoring copy trading or automatic trading for several months. This type of trading makes it possible to better and more quickly define positions (trailing stops, guaranteed stops, openings, etc.) on several markets simultaneously. But is this type of trading really advantageous and the typical options Top Avatrade trading robot do they improve your profitability in terms of speculative investments?
What is automatic trading ?
Copy trading, also called automatic trading or social trading, uses a pre-established program allowing its users to open or close positions on the markets automatically by following the data entered upstream, which means that time is not wasted to monitor the rises and falls of raw materials, the CAC 40, the Forex in short of each financial market on which you invest your time and your money. Moreover, thanks to specific algorithms, you can negotiate your positions according to the evolution of the market while adapting your pre-recorded parameters.
How does automatic trading work?
As an investor, you choose the forex broker trading platform of your choice, which offers automatic trading options such as the top Avatrade trading robot, for example. You must then set your parameters according to the trading strategy you want to adopt. Your personalized 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, ie its timing, as well as the volume or the price.
What is the interest of automatic trading?
Your automatic trading continuously monitors the markets that interest you and places orders according to the parameters predefined by you (stop guarantees, rising rates, falling rates, etc.). The goal of automatic trading is to place orders quickly, securely and efficiently. : the markets are scrutinized, the investments optimized according to the technical data and according to the various events undergone by the financial markets.
Avatrade’s Top Trading Robot
One of the best trading platforms in the world, Avatrade, offers its investors to use the services of its top trading robot. Its use is simple, effective and completely secure and is aimed even at novice traders. The platform also makes a demo account available to its users before starting to engage in copy trading.
Avatrade’s top trading robot offers the particularity of being scalable since the Avatrade IT team is constantly working to improve it so that it is always more responsive to market changes. Indeed, this automatic program makes it possible to analyze in a very short period of time 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 to avoid substantial losses for traders.
Trading online by placing orders manually or via automatic trading is possible, you just need to find the right online trading platform that will meet your trading expectations. The advantage of automatic trading is that it is not necessary to constantly follow the financial markets, the algorithm personalized according 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 act on trade lines too abruptly and without having read all the technical data. Automatic trading can save you big losses or save you a lot of money.