Capable Hands on Deck
Here at bittsmarket.com, we ensure adequate knowledge of financial trading expertise before we employ traders and trade supervisors. We do not allow unexperienced managers to tamper with our trading system so as to avoid any form of risk.
Excellent Trading Strategies & Signals
We ensure professional trading strategies on ground for fund managements. We go the extra mile to protect our signals and strategies from piracy as we only allow investors to benefit from our signals and strategies that makes excellent profits in forex and binary options trades.
Unquestionable Financial Department
We ensure proper security on investors’ funds, our financial department is highly scrutinized and balanced often in other to avert any form of loss. We do not take investors funds for granted no matter the platform as we treat everyone equally.
How would you like to partner with a foreign exchange (forex) Expert trader who is smart, unemotional, logical, ever-vigilant for profitable trades and who executes trades almost instantly when the opportunity arises and then posts the profit to your account?
The qualities above describes our automated forex trading software, and a variety of such programs are available commercially. They are designed to function without the presence of the trader by scanning the market for profitable currency trades, using either pre-set parameters or parameters programmed into the system by our expert team.
In other words, with automated software, you can register your investment account with us, get your account funded and it would be traded upon to maximize profits for you accordingly.
What Is An Automated Trading System?
Automated trading systems, also referred to as mechanical trading systems, algorithmic trading, automated trading or system trading, allow traders to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. The trade entry and exit rules can be based on simple conditions such as a moving average crossover, or can be complicated strategies that require a comprehensive understanding of the programming language specific to the user's trading platform, or the expertise of a qualified programmer. Automated trading systems typically require the use of software that is linked to a direct access broker, and any specific rules must be written in that platform's proprietary language.
Once the rules have been established, the computer can monitor the markets to find buy or sell opportunities based on the trading strategy specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will automatically be generated. In fast moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.
Who Can Use It?
Beginners, experienced or even veteran traders may benefit from using our automation software to make their trading decisions.
How Does It Work?
Automated forex trading software is a computer program that analyzes currency price charts and other market activity. The software identifies the signals - including spread discrepancies, price trends and news that may impact the market - to locate potentially profitable currency pair trades.
There is a long list of advantages to having us monitor the markets for trading opportunities and execute the trades, including:
Automated trading systems minimize emotions throughout the trading process. By keeping emotions in check, traders typically have an easier time sticking to the plan. Since trade orders are executed automatically once the trade rules have been met, traders will not be able to hesitate or question the trade. In addition to helping traders who are afraid to "pull the trigger", automated trading can curb those who are apt to overtrade – buying and selling at every perceived opportunity.
Ability to Backtest.
Backtesting applies trading rules to historical market data to determine the viability of the idea. When designing a system for automated trading, all rules need to be absolute, with no room for interpretation (the computer cannot make guesses – it has to be told exactly what to do). Traders can take these precise sets of rules and test them on historical data before risking money in live trading. Careful backtesting allows traders to evaluate and fine-tune a trading idea, and to determine the system's expectancy – the average amount that a trader can expect to win (or lose) per unit of risk.
Because the trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets. Discipline is often lost due to emotional factors such as fear of taking a loss, or the desire to make out a little more profit from a trade. Automated trading helps ensure that discipline is maintained because the trading plan will be followed exactly. In addition, pilot-error is minimized, and an order to buy 100 shares will not be incorrectly entered as an order to sell 1,000 shares. ·
Can trade without tiring:
Trading is very exhaustive and also can be very tiring after a certain period. The binary options trading also takes a considerable amount of time of the trader, creating a work-life imbalance. The trading software also helps in this scenario, as it is inhuman to all-day trading and can provide you with a spare time to spend on your favorite activity. The robot doesn’t get fatigued from long working hours, and hence able to trade for long hours.
One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had. There is no such thing as a trading plan that wins 100% of the time – losses are a part of the game. But losses can be psychologically traumatizing, so a trader who has two or three losing trades in a row might decide to skip the next trade. If this next trade would have been a winner, the trader has already destroyed any expectancy the system had. Automated trading systems allow traders to achieve consistency by trading the plan.
For serious traders who nevertheless have other interests, obligations or occupations, automated trading software saves the time that they otherwise may have devoted to studying markets, analyzing charts or watching for events that affect currency prices. · Automated forex trading systems permit the trader to leave the voluntary bondage of the computer monitor while the program scans the market looking for trading opportunities and makes the trades when the elements are right. That means that night or day, around the clock, the program is at work and needs no human, hands-on supervisor.
Improved Order Entry Speed.
Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade's outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets. Markets can move quickly, and it is demoralizing to have a trade reach the profit target or blow past a stop loss level – before the orders can even be entered. An automated trading system prevents this from happening.
Automated trading systems permit the user to trade multiple accounts or various strategies at one time. This has the potential to spread risk over various instruments while creating a hedge against losing positions. What would be incredibly challenging for a human to accomplish is efficiently executed by a computer in a matter of milliseconds. The computer is able to scan for trading opportunities across a range of markets, generate orders and monitor trades.