REVOLUTION IN FOREX & CRYPTO TRADING INDUSTRY
A foreign exchange trading robot, also known as a forex trading bot, is a form of algorithmic trading that uses specified forex market signals to determine whether a currency pair should be bought or sold at a particular point.
Forex trading bots are popular among new traders and experienced traders alike. Essentially, such bots are used for two reasons: to remove the psychological and emotional elements of trading that can lead to trading mistakes, and to use signals and other algorithmic trading patterns to make the best possible trading decisions. Forex trading bots can also be used to reduce the number of hours that day traders have to spend trading in person, lending a more passive approach to forex trading that can be implemented and in action while traders are asleep or away from their computers.
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