New Forex Trading Strategy

Thursday, January 21, 2010

Forex Robot Versus The Human Trader

By Terry Rusty

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 Robot versus the human trader?" and the answer is it is not even close. The Forex Software Robot 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.

The Human Condition - So what makes us unique as humans is a massive default in the Forex marketplace for a Forex Robot can work for every single that the market is open and us poor humans need things like sleep, food and fun to operate at our best. The Forex Robot does not have a bad day or suffer from brain farts or any other reason which would cause it to perform below par.

Emotion - Emotion is a very scary thing when it comes to day trading and competing on the Forex marketplace. All of a sudden a couple of successful transactions and you feel like superman and make mistakes that you would normally never make. Then there are the days when everything seems to hit rock bottom so out of desperation you make a few Forex trades to hopefully salvage your day and chances are it is not going to work. The Forex Software Robot does not have any emotions obviously so it can just focus on what is important like the numbers and the trends which in the end pay off much better than a revved up human who is acting from his or her gut.

Consistency - Without consistency there is no real success in Forex trading for this is what separates the players from everyone else. If you are able to string together a number of winners than you may be the next millionaire of Forex trading if you are able to focus completely about what you are doing. A brief brain fart or a wandering thought can cost you money in Forex trading so every single trade needs to be a good trade or else you may be in trouble. The Forex Robot does the same thing day after day and trade after trade with a consistency level that can not be touched by any human day trader.

Once upon a time the world was terrified that the robots would rise up and take over the planet and within the Forex trading community that is what happens. The Forex Robot has showed up and it is putting the human day traders to shame with consistent profits and the ability to continue to work for the entire time the marketplace is open. This was not a boxing match this was a eight second Mike Tyson knock out in the very first round. - 23305

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