What exactly are its advantages and disadvantages.

You might have perhaps stumbled upon a term automated trading system (ATS), sometimes referred to as mechanical trading system or statistical trading system.

Those that trade realize that what quite often jeopardises the success is their emotions and thoughts. The things they typically want is to keep the emotions from their trading however that is tougher than it appears. This is exactly why ATS comes into the picture.

ATS allows potential traders to establish exact principles for trade entries and trade exits and those guidelines are

History of trading has thought us that the biggest enemy a trader faces, is his own psychology and the lack of consistency.

There are many books about trading psychology and how to conquer ones emotions when trading, and yet there are traders who do struggle with it. When there are emotions, there is no consistency and that’s when the losses start taking big chunks of traders account. Then, as most of you know, it’s hard to recover.

This is where an automated trading system might help

Since the introduction of Forex to traders