Wednesday, August 29, 2007

FOREX TRADING ROBOT

Automated Trading Robot are generally designed to trade daily when market opens. A day trading robot trades 24HRS daily making use of trading algorithms designed by top ranked traders and forex manager. Automatic forex is the ability to trade forex with this trading robot without humans to physically trade a forex system. This Robotic system started not long ago but its much debated for reliability.
ADVANTAGES OF FOREX TRADING ROBOT
It trades and manages your account without human interference, as such you don’t have to trade physically in the system which will not improve your performance
it can trade anytime both day and night when an average person might be sleeping, that is 24HRS a day.
In most cases, they are designed to trade currencies(major) pairs on short term basis each day.
It uses highly advance trading algorithms which is unaffected by traders psychology which can sometimes cause a system not to be traded properly
It’s a way to diversify your time to other investment like stock, bonds, mutual funds and real estate.
NOTE: You are aware, with either active trading or automated trading, that you must monitor the performance to see that the system is still working as well as its past performance.

11 comments:

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