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What is the difference between Automated trading & Algo trading
What is the difference between Automated trading & Algo trading

In automated trading, automating manual trading with stops & limits. In algo trading, traders build & refine their own codes & formulas

A
Written by Ashley Joseph
Updated over a week ago

In Automated trading, automating manual trading with stops and limits, which will close your positions when they reach a certain level no matter where you are.

In contrast, algorithmic trading refers to the process by which traders build and refine their own codes and formulas to scan markets and enter or exit trades based on market conditions.

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