OpenIDEO is an open innovation platform. Join our global community to solve big challenges for social good. Sign Up / Login or Learn more
U.S. Air Force Academy, CO 80840, USA
Automated Forex trading is proof that the future is here. About 75% of daily transactions in a foreign exchange market are concluded by algorithmic, automatic trading software. But why automation has such a high influence on trading and why is it useful to understand how it works?
If you do not have any experience with trading in a foreign exchange market, the main objective of it is the exchange of currencies in the expectation of price changes. By tracking the prices of currencies, you can buy some currency, wait for it to increase in value and sell it for a profit.