Jul 12th, 2011
What Is the Best System to Trade Currency?
What is the best system to trade the Forex currency market with? This is a question that all beginning Forex traders find themselves asking at one time or another. This article will give you some practical insight into how you can find the best system to trade currency.
Feb 28th, 2011
A Mechanical Forex Trading System Is NOT the Answer for Profitable Trading
The internet is over-flowing with websites trying to sell mechanical forex trading systems to traders who have not yet learned why such trading systems are simply not effective for producing consistent long-term trading results. Let’s discuss some of the reasons why you should be using non-mechanical trading methods instead of rigid trading systems that do not teach you anything of value.
Jan 13th, 2011
Trading Robots or the Human Mind, Which is better?
Forex trading robots, or forex trading software programs, are essentially programs that “think” for you as you trade the forex market. What these programs claim to do is take the emotion out of trading by providing you with a completely automatic or mechanical trading system.
Aug 7th, 2010
5 Reasons Why Rule-Based Forex Systems Don’t Work
One big problem with strict rule-based forex systems is that they take away the potential of benefiting from human discretion. Developing a “gut” trading instinct is something that comes with months and years of screen time and trading experience. Eventually this gut trading instinct will become part of your trading method, if you use a strict forex system based on rules, you must follow these rules exactly otherwise the system is basically nullified.
Jul 26th, 2010
Why Forex Mechanical Robot Systems Don’t Work
Anyone familiar with the world of forex trading has undoubtedly come across a website selling a forex trading “robot” software program. Such programs try to completely automate the art and skill of forex trading so that the only thing required of the user is pressing a button when they are told to. The reason why there are so many of these forex trading robots for sale and why they all sound so good is because it is an easy thing to sell.
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