An automated trading system is a great way to trade the Forex market and some people find great success with this particular method. A trading robot or "Expert Advisor" as it is more commonly known is simply a custom authored program designed to trade in a specific way following a pre-determined strategy.
The great thing about using a system such as this is that the automated trading robot will never make the same mistakes that you will as a human. It has no emotions and it doesn't get affected by external pressures and influences like you and I do. It's a robot.
I've spoken to quite a number of my fellow traders about trading utilizing a robot and I often here the same arguments:
"I wouldn't trust a robot with my money!"
"I don't trust anything I don't understand!"
"How can a robot do something better than I can?"
The problem with all of these comments is that they are all based on ignorance and pride. Not wishing to sound too harsh but the problem with all those people who doubt that automated trading works is they simply don't understand it. Being humans their first reaction when they don't understand it is to doubt it. It's interesting to note that the less a person understands about the subject the louder he protests. Think about that one for a moment.
What's stopping them from actually learning a little bit more about automated trading systems and even, God forbid, writing their own?
The answer is absolutely nothing. It's not hard. You don't need to have any previous programming experience and you can be up and running with you very own automated trading robot in a matter of a few days.
To see how simple it actually is to create your very own Robot System take a look at the free e-course I've created at AutomatedTradingSoftware.com. Start building your own automatic trading system right away.
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