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March 10th, 2008 by Jon

Automated or automatic Forex trading involves the use of a trading program that places trades for you without requiring any intervention. Automatic Forex trading systems are often sought out by individuals that wish to benefit from trading the Forex market without it being a full time job. If you’re looking for automatic Forex system trading you have two choices.

1. Invest in a managed fund. Whilst the system traded may not be automated, it will be managed by a professional and therefore will not require intervention on your part. Another option is to trade a system at Collective 2, the trades will be placed automatically in your account by the system vendor.

2. Programming trading software (like WealthLab) to trade a Forex system. You will need some programming skills to do this (or know someone who does), but if you have a good mechanical trading system this is a good option.

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