Manual currency trading is the process of trading currencies where the forex investor takes care of the whole process of analyzing the currency markets, placing the trading orders, and liquidating the trading positions of his forex account. The currency trader may have the assistance of some free signal providers who provide their trading signals to their subscribers. But everything still boils down to the decision-making of the forex investor on how he chooses to arrive at the trading decisions for his forex trading account.
With automated forex trading, on the other side, the greater part of the process of trading forex is done automatically. In automatic forex trading, a forex trading robot usually analyzes the price charts using technical indicators from the trading program. And based mostly on a pre-determined set of rules, the forex robot is triggered whether to place market orders or not. And once market orders are already in, most of the time, it is also the trading robot which manages that live forex trading positions and waits for the proper price to liquidate the forex positions, hopefully in a profit. It is essentially automated forex from start to end. The currency investor has not much to do apart from choosing which trading robot fits his trading preferences and personality.
Comparing the two methods of forex trading and picking which one might suit you more to provide you more forex trading profits depends on your trading style and investment objectives. If you are the type of trader who cannot be troubled with studying all the details of trading currencies and creating your own trading strategy that shall fit your trading style, then an automated forex system may be better fit for you. But if you are the kind of investor who likes to monitor and control every detail of his investment, then manual trading may be better fit for you.
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