The use of mathematical models that react to real-time market conditions and place trades according to pre-set parameters without human intervention.
Did you know?
Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.
Word of the day
"Chartist" - A trader who looks at an asset’s past price action to determine future trends. A Chartist is also known as a Technical Analyst.
Do not open a real account before doing some demo-trading.