Monday 19 October 2009

Forex Trading Robots, Is Automated Better?

By John Eather

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.

Highly recommended: The robot is highly recommended as it reduces risk significantly. A number of strategies and markets can also be traded at a time. No more lost trade opportunities, with fast and correct trade execution. Time and money no longer wasted with super ease of use.

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.

System advantages: Advantages of the automated system is uninterrupted operation and monitoring of your portfolio, a very low amount of plus minus US Dollars 1000.00 is all you need to get your robot and capital diversifications program applications make options other than bonds, shares, mutual funds and real estate available to investors.

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.

Possible performance: Possible returns of 30% on US Dollars 10,000.00 per month has been reported

About the Author:
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