Forex Trading Robots, Is Automated Better?
The mechanics: The forex trading robots are automated programs, programmed and monitored by experienced players of the foreign currency trading market. The program runs on any computer with internet connection. In short the robot checks for short-term opportunities with minimal risk and maximum profit available. The robot can be used in conjunction with other forex managed accounts to diversify portfolio's.
Execution procedures: A vast amount of information is analysed by the robot in the form of numbers and charts before any trades are entered. Once trends have been identified orders are entered with no emotional interference at high speeds and accuracy. Forget the idea that robots are the currency trade money-making secret hidden all this time as markets are unfortunately influenced by fickle human behaviour and not mathematics and numbers used by the robot. If the robot was able to predict the charts, numbers and human thoughts you would be a millionaire chop-chop.
Two thumbs up: There are great benefits to the robot for example multiple strategies and markets can be traded on at a time. General risks are significantly reduced. You will never miss a trade again and execution will occur fast and accurate. The robots save time, money and are super user friendly.
Users: The users who will benefit the most from the automated system are ex traders, Forex and intro brokers, managed account investors, existing traders craving capital diversification, traders afraid to manage own capital, institutions seeking other investment options.
Advantages: Advantages are constant operation and monitoring so you don't have to keep tabs on the accounts day and night, capital diversifications tools making options other than stocks, mutual funds, real estate and bonds available to investors as well as a very low minimum investment of approximately US Dollars 1000.00 for the program.
Program details: Short-terms as well as advanced trading program are used by the system to check for the most profitable currency trade opportunities using mathematical criterion and formulas.
Performance reported: Monthly returns of 30% on US Dollars 10,000.00 have been reported by users. - 23212
Execution procedures: A vast amount of information is analysed by the robot in the form of numbers and charts before any trades are entered. Once trends have been identified orders are entered with no emotional interference at high speeds and accuracy. Forget the idea that robots are the currency trade money-making secret hidden all this time as markets are unfortunately influenced by fickle human behaviour and not mathematics and numbers used by the robot. If the robot was able to predict the charts, numbers and human thoughts you would be a millionaire chop-chop.
Two thumbs up: There are great benefits to the robot for example multiple strategies and markets can be traded on at a time. General risks are significantly reduced. You will never miss a trade again and execution will occur fast and accurate. The robots save time, money and are super user friendly.
Users: The users who will benefit the most from the automated system are ex traders, Forex and intro brokers, managed account investors, existing traders craving capital diversification, traders afraid to manage own capital, institutions seeking other investment options.
Advantages: Advantages are constant operation and monitoring so you don't have to keep tabs on the accounts day and night, capital diversifications tools making options other than stocks, mutual funds, real estate and bonds available to investors as well as a very low minimum investment of approximately US Dollars 1000.00 for the program.
Program details: Short-terms as well as advanced trading program are used by the system to check for the most profitable currency trade opportunities using mathematical criterion and formulas.
Performance reported: Monthly returns of 30% on US Dollars 10,000.00 have been reported by users. - 23212
About the Author:
Want to find out more about forex trading robots, then visit John Eather's site on how to choose the best forex trading robot for your needs.
posted by X - Men @ 4:59 AM
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