The bad news about Forex automated

September 3, 2008 by Trader rich

I've read a lot about how automated forex systems fair trade do not work on a long-term basis, but cannot conclude this from personal experience I have ever. serious forex traded via automation. The following is an e-mail from a merchant can you conclude your experiencia. Me seemed totally worth sharing.

This afternoon I came to your blog while browsing casually Forum instead of seeing the rubbish on TV.

Meeting in search of interesting in many respects commercial success mirrors my own experience with a variety of ways.

I spent over two years long comprehensive searching for automated solutions for trade, have been in the business process automation for 25 years; in short, have concluded is a useless exercise with the currently open technologies to average retailer I have, however, to find each expert is reliable enough left trading on their own and have pretty much reached the conclusion that most are actually attached graph solutions I have not seen any anywhere published strategies consistent or reliable and can be automated without significant risk. I see some non profitable (Artemis would be for example) but it needs constant adjustment and not an adjustment that is similar to a semi-trailer, full automation Automation.

However, available manual strategies that are efficiently. simply not offered due to the ability of human braoin Automation make decisons based proce movement, which is practically impossible for any hacer. Por experts who had dropped out of my search for complete automation solutions a year ago and concluded was semi Automation correcto. Yo way probably manually at present, trade with automated grants.

Linked to this, managing money and trade undoubtedly psychology is massive keys for success, the first to make sure it live for trade tomorrow and the second because it needs time to get the mental state of the right to trade in any way, and this is what gets rich. Sin doubts, it is necessary to understand the basics of the negotiations, but without the right mental state, never shalt always profitable.

The objective of 50% per year is likely to keep searching.

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