Whether you are a pro, seasoned trader, or a beginner in the trading world, this article is for you. We are going to go deep into the nuances of automated trading systems and come out the other way with a conclusion. If you care about your future in the trading world, you can’t overlook the role of automated trading software and copy trading in the finance world.
As a plus, we are going over the best automated trading software out there so you know what your best option is today.
Just like trading; ready or not, here we go.
What is an automated trading system?
As its name implies, an automated trading system is an algorithm-driven, system that allows traders to establish rules and let the machine execute them precisely. Indeed, the more accurate the rules set, the better the outcome since the computer will only obey the established rules.
So far, so good; but now is when it gets interesting because the strategies can be either very simple or as complex as you like. Moreover, it is possible to trade in multiple platforms at the same time, 24 hours a day, and seven days a week. As long as you have great strategies to deploy, the computer can do the rest.
It’s all about the automated trading strategies
What is the importance of automated trading strategies? Well, they are paramount to success. Let’s say that if the trading strategies, upon which you will write your automated trading system, don’t work, neither will the system. In other words, the computer will not make decisions for you but follow your exact commands.
So, in case you were wondering, yes, it is all about automated trading strategies. This is why we dropped below the best automated trading software with the best strategy-creators in the market.
Emotions are out of the way
This is another very important aspect of automated trading systems: they take the emotions out of the equation. Let me give you an example, let’s say that you have three bad trades in a row. A fourth opportunity comes along and you pass on it because you’re being emotional, you can’t stand suffering a fourth loss.
What if that was the breaking point for your plan and you could outdo your losses? An automated trading system will execute your plan and your rules automatically. No room for doubts or emotion.
Furthermore, the same will happen in those moments in which you tend to overtrade over a favorable trend when it´s changing. The exact rules you set will be obeyed at all times, no buts, long faces, or anything else.
Plan the trade and trade the plan
All of us who are into trading know that you have to have a plan. It is the only way to be successful in this business. But what happens when you start doubting your plan? What about those last-minute corrections you think are right and end up misdirecting your efforts?
There is no room for doubts when an automated trading system is working for you. The computer will execute your plan exactly as you imagined it.
Speed & diversity
Another important aspect to bear in mind about automated trading systems is that they are quicker than humans. We know that sometimes even seconds matter when we are trading. A single moment of hesitation, a tiny doubt can make you lose a great opportunity, and probably, a lot of money too.
The automated execution is triggered on the spot by your rules, and if data meets the criteria set, then you are trading.
When speaking about diversity, what we mean is that you can invest in several platforms at the same time and let the automated trading system do the work. Once the rules are set, the automated trading strategies will operate in any market you want to.
Setting the course to win
Another way to explain an automated trading system is to compare it with an autopilot system. You set the coordinates and trust the commands to fly your perfectly-traced map. Once your course is set to win (successful trading), you can rest assure that the execution will be flawless.
Trading with an automated trading system executing the right automated trade strategy is a recipe for success in most scenarios. Indeed, some platforms report that up to 80% of transactions are made by a trading robot, AKA, automated trading system.
2 precautions to bear in mind
Yes, this is the paragraph you were waiting for, in which we offer the precautions you need to bear in mind before creating and using your own trading robot.
- Backtesting – Historical trading data is your best ally when testing your automated trading strategy. This is because another great feature of automated trading systems is that they can be tested with real data. Always make a test drive before you go live so you can avoid money losses.
- No strategy guarantees 100% success – Trading is a risky business. If you are a seasoned trader you know that no plan is infallible. If you are starting out, then this is the big news. That being said, the best strategy with emotionless, fast execution will get you closest to success than any other tool.
What’s the best automated trading software out there?
Now that you know what automated trading systems are and how they work, it is time to talk about the best automated trading software available today. Hiring their services, you can forget about the backtesting and the learning curve, they will do the hard work for you.
With that in mind, this is, in our radars, the best possible choice today. Let’s take a look at the reasons why.
Meet the All markets Trading System
The All markets Trading System works on MetaTrader4, or like traders call it, MT4. They have a perfectly-designed tool that works easily and effortlessly.
To begin with, a great feature is that they work with trend-following systems. Yes, when going against the trade, you get a high percentage of winning trades, but profit is lower, and risks are higher (it can wipe out your account).
On the other hand, when you follow the trend, you focus on the big, profitable trades. In other words, you don’t get a super-high percentage of trades, but you focus your efforts on those that will give you the biggest profit.
The result? The profit versus loss margin changes drastically; you’ll earn more while risking less.
- Time investment – Time is a big asset in our lives. Moreover, it is becoming the most valuable and scarce currency around. Working with the All markets Trading System, you can let the automated trading system spot the trends and get the work done with a simple click.
- Safe investments – Because of the following-the-trend system, and the 20 years of leverage backing up every move, investing using this software is less risky than most out there. Invest safer and with bigger profits with the All markets Trading System.
- Simplicity – This is not a minor feature, especially for those starting. The ease of use of this automated trading software is extreme; you can literally get the work done with a single click after receiving an alert about a trend through Telegram.
To see it in action and watch the man himself, Tom Peetoom, the brain behind the success, explain how it works, click on this video.
The best automated trading strategies can take your minimal investments and translate them into big profits. Indeed, when you work with the best automated trading software in the market, you can set it up to maximize your profits and minimize your efforts.
Moreover, if you are an experienced trader and want to diversify your investments but don’t have the time all you need is an MT4 account and hiring the services of the All markets Trading System. The rest, as they say, is trading history.
Don’t miss the opportunity to change your stars and bring a better future to your life with minimal effort. Trust your money to All markets Trading System today and start earning big and risking low, while investing virtually no time on it.