Automated trading system is meant to assist traders in systematizing their purchases and sales. The trading world is so busy and rigorous that the purchases and sales of currencies, stocks, options, and other trad-able liquid assets occur all the time. Traders have to be meticulous when monitoring their trades and carrying them out. In order to reap huge profit, they must forget about everything in their life and focus only on their trading activities. The life of traders can be regarded as the busiest life that a businessperson can have. When automated trading system is introduced to them, they are very excited because they finally find some relief to ease the rigor of their trading activities.
This intelligent automatic trading system comes in the form of software that automatically buys and sells liquid assets. How does this intelligent automated trading software developed? At the outset, the software is designed only to emulate real human traders, especially those who have attained success. The software will try to encode all strategies that those traders use and implement them when buying and selling assets.
However, although such system is considered powerful enough to automate trading processes because it removes the risk of involving emotion—a common trait of even the most emotionless people—in such processes, it is still not considered the most powerful automated system because its operation still emulates that of human traders whose strategies may become outdated as time goes by. A more advanced system is later developed. This more intelligent system uses its own “brain” to evaluate trading processes and to develop its own strategies accordingly. This artificial intelligence is proven to be effective in assisting traders in automating their asset purchases and sales. There are already perceived advantages of using this system to automate trading processes. Therefore, for traders who wish to make their trading activities more streamlined and systematic, using this automated system is necessary.