Is algorithmic trading the future of forex markets?

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  Donald Cox New

  1/22/25, 1:57 PM

  Hey everyone, I’ve been hearing a lot about algorithmic trading lately, and I’m curious if it’s really the future of forex markets. I’ve seen some traders swear by it, saying it’s faster and more efficient, but others argue that it takes the human element out of trading. What’s your take? Do you think algorithmic trading will eventually dominate the forex market, or will manual trading always have its place? I’d love to hear your thoughts and experiences!

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  Gavin Webb

  1/22/25, 5:34 PM

  Algorithmic trading is definitely gaining traction, especially with how fast markets move these days. I’ve been experimenting with it using Forex Tester, and it’s been a game-changer for backtesting strategies. If you’re curious about how it works, check out this guide on https://forextester.com/blog/forex-data-feed. It explains how real-time data feeds into algorithms to make decisions. I think the future will be a mix of both—algorithmic trading for speed and efficiency, and manual trading for more nuanced decisions.

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  Joshua Garrett New

  1/22/25, 6:45 PM

  I’ve never tried algorithmic trading, but it sounds fascinating. I wonder how much of the market is already driven by algorithms versus human traders. Also, do you need to be a programmer to get into algorithmic trading, or are there tools that make it accessible for beginners? It seems like a whole new world, and I’m curious to learn more about how it works!

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