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Auto Trading systems

Discussion in 'Beginners Bootcamp' started by harmitk, May 20, 2008.

  1. Raimundas

    Raimundas Corporal

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    Profitability depends on trading strategy

    Yes. Profitability depends on trading strategy. Most of trading strategies are rule-based and they can be implemented in the auto trading. Thereby, most trading strategies you can trade either manually or automatically.
     
  2. Pharaoh

    Pharaoh Colonel

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    It does guarantee profit - to the person selling the EA. ;)
     
  3. Rat

    Rat Private

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    Hi Harmit,

    I am sorry to hearing your bad news. A lot complain about FXDD, Zulu, RAS autotrading and some manual system (some of them presentation on FPA now)... If I can recommend, I'd like you to check this: Forex Signals Performance. This is the best play ever I have seen so far, but you should study well to find out (only a few) profitable system there.

    Good luck to you !
     
  4. Shuvalov

    Shuvalov LiteForex Representative

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    There are no magic wands in trading. You must use your own brain to win.
     
  5. Rouan Groenewald

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    Dear Harmit

    Forex Auto Trader Programs just don't make you any money, the only person who will make money is the inventor/programmer!
    There is no quick fix to make money in forex and life.
    Education is the key to success.
    I recommend reading: COME INTO MY TRADING ROOM by Dr. Alexander Elder and go and visit his internet site at (www.elder.com)this is a good start but it doesn't stop there, education must be every single day and must be a habit. Please also understand and follow the news because this can make or take your profits.

    I personally view trading as running a business from start to finish.
     
    #15 Rouan Groenewald, Oct 9, 2009
    Last edited: Oct 9, 2009
  6. Lhar_fpa

    Lhar_fpa Private, 1st Class

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    Hahaha. Yes, the other side of trading, the trader may lose, and if that happens, the EA wins.:D
     
  7. avaya1386

    avaya1386 Recruit

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    so basically, autotrading or getting one of those "robot" to do trading for you is not a good idea right? thanks for making that clear for me. Was thinking about getting one.
     
  8. Rat

    Rat Private

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    Yes, you are right when you lose only !
     
  9. elah024

    elah024 Private, 1st Class

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    you see, there are advantages and disadvantages about this so called automated trader. i would suggest to search its functions and how it will benefit you from using it also the disadvantages of it.
     
  10. Doug Reo-Cocker

    Doug Reo-Cocker Private, 1st Class

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    I agree with you, robots have many advantages and disadvantages, you just have to search for one that suits you. It's a long and hard process as most robots out there aren't worth a penny, nevertheless there are quite a few that if used properly can deliver some.

    rgds

    Doug
     

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