Trading utilising an automated live trading involves employing a programme to carry out pre-established procedures for entering and terminating deals. The trader or the investor will combine meticulous technical analysis with establishing opening orders, trailing stops, and guaranteed stops for his or her holdings.

A trader may execute numerous transactions quickly with the help of automated live trading, which also has the advantage of removing emotion from their trading selections. That is because the parameters the trader or investor select already include all the necessary guidelines. Some algorithms even let the trader follow trends and make trades based on their pre-planned tactics.

How does automated live trading works – An Overview

The automated live trading works by setting up the parameters of a trading strategy and selecting a platform come first. The trader’s own algorithm will employ the rules and conditions the traders develop using the knowledge gained from their trading to execute trades on their behalf.

These considerations often centre on the trade's timing, the price at which it should be opened and closed, and the amount. If Infosys 50-day moving average rises above its 200-day moving average, for instance, purchase 100 shares of Infosys.

A transaction will automatically be performed if certain criteria are satisfied by the automated trading strategy, which has been set up to continuously monitor the prices on the financial markets. In addition to capturing, technical market occurrences, the goal of automated live trading is to execute trades more quickly and effectively.