Even if you’re new to the foreign currency exchange marketplace, you’ve probably already been bombarded with offers and advertisements for automated forex robots, and automated forex trading systems similar to autopilot systems. Though these are two different things, they both have in common the goal of automating the trading process in order to “guarantee” profits. [...]
In trading on the Forex market, as with every type of market trading, there are different strategies traders use in order to try and beat the market, or at least predict it’s direction. Some of these strategies have been around for as long as investors have been trying to make profits, while some are new, [...]
I came across this article recently and felt it might be worthwhile for readers here. I’m a big fan of automation in general, but particularly for Forex trading. My feeling is, there is just too much data for any one investor to take into account. The idea behind Forex autopilot systems or robots is that [...]