Automated trading is a method of using software to place trades based on specific criteria. This type of trading takes advantage of the speed and accuracy of computers to execute trades faster and more accurately than humans could.
Autotrading strategies use a series of decisions to assess real-time market data and make trading decisions based on defined rules. Automated trading can be used for various purposes, including hedging, managing risk, and executing arbitrage opportunities.
Automated trading is not without risk, however. It is important to carefully test and monitor any automated trading system before using it with real money.