Automated trading uses complex algorithms that are set to automatically execute trades, thus avoiding the role of human emotion in the trading exercise. 

The process can be exceedingly efficient and quick, especially with the best and most advanced trading platforms in the market today. Nevertheless, it is critical to mention that automated trading requires good programming expertise or the application of sturdy and well-programmed trading bots that can run effectively. 

Furthermore, automated trading systems can be faced with difficulties and even underperform during uncertain and volatile market situations. 

Consequently, a balanced strategy with some degree of manual intervention is usually regarded as the best approach for the successful management of your forex trading account.