The Basics Of Algorithmic Currency Trading - SmartAlgoTrader

The Basics Of Algorithmic Currency Trading. Actions, positions, design, articles and further analysis.

Trading is not Easy.
The market is full with experienced traders, armed with quick, responsive software, ready to react to each mistake you will make.
Being only human, you are bound to make a mistake, sooner or later. Trading with advanced software will give the upper hand for that matter. Automated trading = Less mistakes.

How Does It Work?
Even if the Currency trading is a complete 24-hour market session, there are three major sessions that include the European, Asian and United States trading sessions.
The main currencies in each market are traded mostly during those market hours, means that certain currency pairs will have more volume during certain sessions.
Using an Automated currency trading system will allow you to participate in all sessions, not missing a chance to buy in the right trend, or sell at profit.

How to choose a winning system?
You will probably be looking for the description of the strategy, using terms like: stop loss, profit target, risk to reward ratios, risk, breakout, trend, momentum, range, etc.
The truth is that pre-meditated terms only damage the Trading Algorithm flexibility and the way it reacts to changing environment in the market.
A term like Stop - Loss is really Start - Profit for the efficient algorithm that competes with you.
The mining of the term Stop-Loss is actually: I bought in a certain price, and I am willing to sell when the price drops - please take advantage of me.

Smart AlgoTrader is using a special Portfolio and risk management strategy, that eliminates the need for a Stop - Loss primitive mechanism.
Please contact to learn more.

18 Aug 2013

Further reading

Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics. Manage a trading account with the software is available for new investors. For further details please continue to Automatic account management services .
Please notice: Trading foreign exchange should be carefully planed. Any trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. Please be aware that a possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should never invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Useful links:
ALGORITHMIC CURRENCY TRADING   Automatic account management services for currency trade   Silver Lines trading algorithm hosting services

Video examples

Watch video examples of short term trading. All recorded at real time for your convenience.

Charts list

A list of charts that demonstrates the Trading Algorithm buying and selling points. Please select your choice of currency pairs:

Suggested search terms

More search terms for your benefit, from the smart algo-trader blog and articles.