The ever-evolving realm of Forex trading has witnessed numerous transformations over the years, from the transition of physical trading floors to online platforms to the recent rise of algorithmic trading. Algorithmic trading, often referred to as algo-trading, involves the use of complex algorithms and mathematical models to make trading decisions at speeds and frequencies that a human trader cannot match. As the uptake of this method continues to grow, it leads us to question: is algorithmic trading the future of Forex, or is it a double-edged sword? On the one…
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