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Your FX trading will move through natural stages, as you experience a form of trading evolution, during your early months and years. Upon first discovering the retail trading industry, you’ll trade manually, whilst you familiarise yourself with the complexity of all that’s involved. Eventually and perhaps inevitably, your thoughts will turn to the potential benefits of automated trading.

These thoughts generally dovetail with experimentation, relating to the vast array of technical indicators available to you. As you copy (or develop your own) indicator based trading strategies, you’ll begin to consider if you could automate these strategies, in order to become more proficient and profitable. As this curious period of experimentation emerges in your psyche, it could be an excellent point at which to begin investigating the potential benefits of automated trading.

You may have combined a multi indicator strategy that you initially use manually, which you’re convinced indica...

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