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Tuesday, November 24, 2009

Forex Software Robots Take On Humans

By Terry Forex

The Forex marketplace has exploded in popularity last years and it came with a question "Who wins between a Forex Software Robot and a human day trader?" and the answer to this age old mystery is it is not even close. Throughout this article I will go through the main reasons why the Forex Software Robots will come out on top every time versus their poor human combatant.

1. The human condition - The problem with competing against a Forex Software Robot is that from the start it is just not fair. From the beginning the human need to eat, to sleep and to seek out other humans for companionship just can not compete against a Forex Software Robot that can run twenty four hours a day seven days a week without having to do any of the above. Someone told me that with meth you can stay up for days at a time without eating but making sound financial decisions is not part of the package.

2. Emotion - To compete on the Forex marketplace you need to use that side of your brain that just focuses on logic and stays the heck away from the emotional feelings that are great in a relationship but suck on the Forex marketplace. The Forex Software Robots are programmed to focus just on the numbers and trends in order to make you money where as us humans can be swayed way to quickly with a sudden surge of adrenaline or out of fear knowing that if our next few trades are not successful we will be eating Spam for the week. Emotion is a seven letter bad word in the Forex marketplace.

3. Consistency - In order to pull off profits in the Forex marketplace the day trader needs to be completely focused and consistent when it comes to making good trades unfortunately this is a rarity in the human world. Silly little thoughts like what am I going to do Friday night, why the heck is the wife mad at me this time and is there is a reason why the Toronto Maple Leafs love to torture me will screw up your consistency in a heartbeat. Again those darn Forex Software Robots are able to run for twenty four hours a day seven days a week focused completely on the numbers and making the right trades to make you money

All of the people on the edge of society have been telling us for years that one day robots are going to run the planet and when it comes to the Forex marketplace they are probably right. Us poor humans are great at a lot of things but when you throw in a five second attention span, emotions that screw everything up and the desire to eat and sleep in the end the Forex Software Robots are going to keep on winning and keep pulling in consistent profits. It is time to throw in the towel. - 23212

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