Automated (or Algorithmic) trading refers to computer systems that trade financial instruments without any human intervention New automated trading systems are changing both the face and the infrastructure within investment banks

Algorithmic trading is a relatively a new term to most of us Algorithmic trading is most broadly used by hedge funds, mutual funds, pension funds and other large institutional investors

It is essential for every trader to understand that Forex (foreign exchange) market is a volatile and risky market It is always advisable to only invest in money that you can afford to lose and regard it as ‘risk capital’