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Automated Trading Goes Ninja At FXCM Jul 18 at 16:28 GMT
- Ninjatrader Software Offers Education And High Performance
- Automated Trading Takes The Lead
- Brendan Callan Gets (Un)Emotional
Foreign exchange trading giant FXCM today announced the addition of the NinjaTrader platform to its catalogue of client offerings. The company said this latest platform will offer traders the chance to maximize profits amid turbulent markets.
“FXCM added NinjaTrader to its offerings in response to high demand and in recognition of its distinctive features and the uniquely customizable trading experience it offers,” said Drew Niv (pictured), CEO of FXCM.
“NinjaTrader offers hundreds of dynamic analytic tools both natively and through its vast 3rd party partner ecosystem, as well as the ability for individual traders to construct automated trading strategies with both point and click construction and through an advanced C# development environment, which are tools we know our clients are looking for.”
Pushing on with its plan to become a leading provider of automated trading systems for retail traders the world over, new automated features of the platform will include: point and click strategy development facilities; historical test and strategy analysis functions; and a C# development environment for creating both custom trading systems and indicators.
In a recent interview with this site, Head of European Operations at FXCM Brendan Callan, spoke about the advantages of automated trading for the average retail trader. “When you can automate a trading system it takes the emotion out of it so you become a lot more disciplined just by clicking the ‘go’ button.
“Now you’re leaving it to the strategy you developed and back-tested and the emotions of a losing trade, or the emotions of a winning trade, aren’t interfering with your strategy.
“It has been a Mount Everest, in the sense of bringing that down to a retail everyday trader. In the past, you have had to know how to code or go hire a coder, but we’re starting to get it to be a much more simple process so that an everyday trader can go online, make some simple clicks and get their trading strategy automated.”
To hear Brendan Callan’s view on the future of forex trading, click here.
Sarah Cox, Markets Writer. ForexSpace.com.
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