A trader who manually enters trades into a trading system without using computerized algorithms that enable automated order entry. In the frenetic world of trading, manual traders may be at a disadvantage compared to traders who use considerable computing power to exploit pricing anomalies in the markets. Also, manual traders may be more susceptible to trading on emotion compared to a trader relying strictly on a trading program.
Entering trades or orders manually into a trading system also increases the risk of incorrect or erroneous order entry, which can be fraught with disastrous consequences if the error is large. Currency traders therefore increasingly use automated trading systems that enable them to place orders and execute trades efficiently through an application programming interface (API).
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Yankee Trader — Yankee Trader, by Alan Davenport, is a door text based game from the BBS era, which ran on MS DOS BBSes. It is similar to TradeWars 2002 and was originally known as Trade Wars 1000. Each user is the commander of a starship. You travel about the… … Wikipedia
Star Trek role-playing game (FASA) — infobox RPG title= Star Trek subtitle= The Role Playing Game caption= designer= Guy McLimore,Greg Poehlein, David Tepool publisher= FASA date= 1982 (1st edition) 1983 (2nd edition) genre= Science fiction ( Star Trek ) system= Custom footnotes=… … Wikipedia
Warhammer 40,000 Roleplay — Dark Heresy Warhammer 40,000 Roleplay Cover of Dark Heresy Designer(s) Owen Barnes, Kate Flack, Mike Mason Publisher(s) Black Industries / Fantasy Flight Games … Wikipedia
List of Advanced Dungeons & Dragons 2nd edition monsters — See also: Lists of Dungeons Dragons monsters This is the list of Advanced Dungeons Dragons 2nd edition monsters, an important element of that role playing game. This list only includes monsters from official Advanced Dungeons Dragons 2nd… … Wikipedia
china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material … Universalium
China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast … Universalium
Market profile — A Market Profile is an intra day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959 1985. Steidlmayer was seeking to evaluate market value as it… … Wikipedia
Currency Day Trading System — A set of analyses that the forex day trader uses to determine whether to buy or sell a currency pair at any given time. The day trader s currency trading system is usually made up of a number of currency day trading signals, which are based on… … Investment dictionary
Forex Signal System — A set of analyses that a forex trader uses to determine whether to buy or sell a currency pair at any given time. Forex signal systems could be based on technical analysis charting tools or news based events. The day trader s currency trading… … Investment dictionary
Forex Trading Strategy — A set of analyses that a forex day trader uses to determine whether to buy or sell a currency pair at any given time. Forex trading strategies can be based on technical analysis charting tools or fundamental, news based events. The day trader s… … Investment dictionary