New Forex Trading Strategy

Tuesday, November 24, 2009

Forex Software Robots Take On Humans

By Terry Forex

Trading on the Forex marketplace has become increasingly popular over the last few years and with it comes a question "Who wins in the battle of Forex Software Robots versus the human trader?" and the answer is it is not even close. The Forex Software Robots have built in features that will destroy its human counterpart on many levels and throughout this article I will show you why if you are not using a Forex Software Robot chances are you are treading water.

1. The human condition - The Forex Software Robots completely dominate us poor humans due to reasons directly related to what I like to call the human condition. The little things such as the need to sleep, the need to eat and the need to interact with other humans just kills any chances we have with competing with the Forex Software Robots. A Forex Software Robot can run twenty four hours a day seven days a week without having to bother with eating, sleeping and socializing.

2. Emotion - Emotion is a seven letter bad word when it comes to competing on the Forex marketplace for it will get you into deep trouble every time. For the human day trader a sudden surge of adrenaline can make you feel like your ten feet tall and invincible but when your next few Forex trades suddenly cost you a small fortune you realize rather quickly how your emotional capabilities as a human is not a strength but a weakness. The Forex Software Robot is programmed to focus on what is important in the Forex marketplace which is the numbers and the trends which has a much higher pay out than a human acting from an emotional base.

3. Consistency - The person who is going to be successful on the Forex marketplace is the one who consistently makes the right decisions and choices. If you are capable of focusing on the Forex marketplace twenty four seven than you will be alright but needless to say this is impossible. Thoughts such as how am I going to pay the electric bill or what the heck am I going to make for dinner or why do the Dallas Cowboys seem to take pleasure from sucking will kill any sort of consistency that you may have. Again the Forex Software Robots are designed to do one thing and that is make constant good decisions that will make you money in the Forex marketplace.

All of the people on the edge of society have been telling us for years that one day robots are going to run the planet and when it comes to the Forex marketplace they are probably right. Us poor humans are great at a lot of things but when you throw in a five second attention span, emotions that screw everything up and the desire to eat and sleep in the end the Forex Software Robots are going to keep on winning and keep pulling in consistent profits. It is time to throw in the towel. - 23305

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