Review:
Automated Trading Systems
overall review score: 4.2
⭐⭐⭐⭐⭐
score is between 0 and 5
Automated trading systems refer to computer programs that automatically place trades on behalf of a trader based on pre-defined criteria.
Key Features
- Algorithmic trading
- Risk management
- Backtesting capabilities
Pros
- Ability to execute trades without emotional bias
- Faster execution speeds than manual trading
- Allows for backtesting of strategies
Cons
- Potential for technical issues or bugs
- Limited ability to adapt to unexpected market events