Ea Forex Free

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Forex Robots Vs Humans, Vs automated sales. Manual Trades

The foreign exchange (forex) is the largest and most liquid financial market, worldwide. The average daily trade on the global money market is over U.S. $ 1.900.000.000.000 (Source: Survey Triennial Central Bank exchange and derivatives market activity conducted by the Bank for International Settlements (BIS) in April 2004 and published in March 2005). These huge funds are traded by governments, banks and large institutions. In comparison, the largest securities market of the Earth – NYSE Group (The New York Stock Exchange), has a daily trading volume of approximately 86.8 billion U.S. dollars (Source: NYSE Group, Inc., 2006). FOREX has a 18.4% rate of growth average per year since 1989. It offers trading 24 hours a day, five days a week non-stop through the Internet. This type of trading hours in bulk liquid and how long uninterrupted normal conditions, there is no problem to enter or exit a trade.
But in this vast market, as history, at least 90% of new forex traders lose all their money in the first three months of negotiations. Why? Most traders who lose information more about FOREX trading are quite intelligent, just missing the right tools, the "Secret Weapons" to win. They are beaten by the other operators are all simply beaten by them, by the weakness of human beings.

Discuss the weaknesses of human beings, we list some of the following:

1. What is the first major weakness of human beings? if I say it should be "greed", is there someone you Disagree? Many times we have 1% gain, but we believe it is fat. We want more, 2% or 3% will be better. While earnings actually happens to 3%, we must think about how about 10%? Not always enough. But the market is unstable, especially in the forex market, often face the situation of depression, the benefit becomes negative from positive. and this type of depression that occurs again and again.

2. Fear. All people are afraid. In foreign exchange, exchange rate is easy to jump or fall hundreds of pips. Few people can be sure of how the market will go. On the Forex market, people use all the influence of trade, from 50:1 to 500:1, the leverage increases the size of gains or losses 500 times in 50 hours. The lever is the wonderful feature of the currency, and scare tactics in the heart of people. If the market goes against the people, the reduction is large, their fear goes too. Is he afraid of losing money? Under the pressure of fear, ordinary people often make bad decisions, stopping lost too soon, then soon regret.

3. The lack of confidence. Looks better than fear, eh? But still not a good thing. Many times, operators humans are so pleased when they see few benefits in their accounts. They worry that if the gain is a loss? People always slight advantage and implement therefore disappointed at the same time they see the market moving more and more on the correct path. If one hopes, would be ten, or receive a hundred times.

4. Hesitation. Not only beginners, but the old hands as easily be reluctant to act in the Forex market. You've probably heard the adage "past performance is no guarantee of future performance." Even a very experienced operator who has made numerous successful operations in its history, while he or she faces a new situation, must think twice before making a decision like this: buy or sell? For new traders or amateurs they need more time to think, and what type of questions I always leads to confusion and lack of opportunity and the most ephemeral.

5. Fatigue. How many people can continue to work for 24 hours? Without sleep, without rest? How about 48 hours, 72 hours, etc.? Even an iron man can not use your eyes on the computer screen, your brain consider the rapidly changing issues and complex formulas to calculate your hands, day and night, 24 hours a day, six days a week, nonstop. Above all, no mistakes allowed!

No one can!

No!

Undoubtedly!

Not to mention Super Man. He was also tired.

6. Negligence. Have you ever had problems just by a little negligence? As I took a wrong bus, missed an exit on the road, struck wrong number for the head disregarded, ignored a no parking sign is omitted a whole page of questions in an examination, left at home while containing an interview vital misspelled a keyword in a submission form for a VIP, etc. Hey, dude, when was the last time you forgot his mother's birthday, or worse, the wife or, worse, the girlfriend? Mom always forgives his negligence. Woman … Well, it depends. girlfriend? Huh, I wish you good luck.

But unfortunately, in the person Forex market is going to forgive his neglect yourself. Negligence must be punished! You might get a margin call, just pennies left in the account, the fact that control of small size.

7. The lack of discipline. The man always thinks are smarter than machines. Of course we are. Not only are more intelligent, we have freedom too. But everything has its nature, his character, and standards. Rule means of discipline. If we are intelligent and free exchange transactions, making decisions based on our feelings or simply knowledge, discipline and to ignore, there will be endless disasters waiting for us to come. Forex is like fighting in the war, soldiers can not survive without the discipline in time of war, can not traders in the Forex market. Although we have to stop the loss we have to cut and term, despite the bloody and painful it is when we have to build, can not hate the benefit is too small. Discipline is discipline, perhaps Smarties few can win once, but people can not keep forever obey discipline can still win.

8. Inconsistency. In the long term or short term? buy or sell? prosperity or depression? most bought or sold on? high or low? level of support or resistance level? analysis fundamental or technical analysis? including paperless trading or not? Too many stories, so incoherent, facts, information and methods, strategies in the Forex market, traders easily cause human judgments and decisions inconsistent. And these inconsistencies cause the same result: failure!

To remedy these weaknesses terrible human beings, people have developed many methods. One of them called "machine negotiation." Automated trading (or automatic) means the Forex (currency) with some trading systems, programs, or software robots (in the MetaTrader MT4 platform which is called as expert advisers – EA), without being human with physical commerce. An automated trading system is a group of specific rules and parameters governing the entry and exit, with the ability to both generate signals and automatically execute trades. An environmental assessment is a system of exchange automated "robot". The robots can beat humans at chess games, EA robots can beat humans in Forex trading as well.

Developers consider many components synthesized in the same time, they develop an automatic exchange system or EA robot, including: the nature of the market, mathematical modeling, timing, signal input and output, triggering stop loss and profit target etc. Once the system is created, make the check and send the rigor in both demo and live accounts. A fully automatic Trading thus created is able to analyze the market independently complete work on itself and ceases to generate signals, auto-run on a trading platform. In addition, developers can design the system as a sort of "semi-automatic" through which users can receive an alert when the entry, exit, stop loss or take profit product images. Alerts can be heard by the computer, sent to e-mail or a message sent as a cell phone. Once the user confirms, the robot will obey the order to end the trade.

There are many advantages in Forex Trading Machine, such as:

1. Automated trading is executed by the computer. Today, computer and information technologies have been developed to a very high level. Computer can perform calculations thousands of times faster man, Training logical calculations without error and store memory at incredible speeds with flawless accuracy.

2. Take the emotion trade. Unlike humans, an automated trading system will never be misguided by greed, fear, hesitation and inconsistency. Only trade mechanically (but fully programmable), struck by a psychology tradere € ™ s It is performed on the basis of criteria and disciplines. Obviously, this reduces the risk of panic trading.

3. Automated trading can take trades day and night, ceaselessly, tirelessly and neglect. EA robots to their owners without the need for respect in front of the computer at any time. A Once an effective system is developed and optimized, can be left on automatically complete and independent. The success of automated trading robot EA enables its holder to focus on optimizing strategies and money management rules instead of having to constantly monitor the market.

4. PC can run multiple programs simultaneously, so that we can use automated robots EA to make a trade school multiple trades in phase. This means that you can include multiple conditional entries and exits, profit targets, protective stops, trailing stops, and more in our strategies, and make all automated at the same time. This powerful feature can help us maximize our return on investment and risk reduction.

5. For day traders other followers of short-term trading, automated trading robots are useful tools to cope with the high frequency of operations from the data of ticks. Day trading allows traders to indicate in the market very soon, so it is sometimes more important than trade in the long term, but it is really difficult for a man to handle. However, for robots EA automated trading, it is just a piece of cake.

6. No matter how short or long term trading, the forex market is still unstable and fast waves, can not afford automated trading faster identification signals and respond. Undoubtedly, computers beat humans usually in the speed of the signal for trade and entry and implementation of relevant decisions. Not more miss an opportunity to negotiate.

auto-negotiation is not yet perfect, and the EA robots can not think of the place of man. If skills Programmers are low, or the idea of the strategy is not viable or not logical, a product will not succeed. However, experience shows that the practices of an automated trading system always guarantee high quality of certain financial success for its owner working in the market Forex. The latter fact is in the automated trading championship 2007, global competition, all participants use EA robots, the champion won 1204.75% profit, won second place and 450.42% 299.45% winning third in just 12 weeks.

Is not it incredible?

About the Author

If you would like to find out more about Forex trading, come and visit us at VDUX.com

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How to get more pips in the Forex?

How to get more pips forex trading? How about the use of operations automatically Consultant (EA)? Has anyone can share free profitable EA?

Common sense is right. To earn money in this market, you must pay your debts first – learn everything you need to know to make the money in the Forex market. Richard Dennis said that even if I had to publish their activities in major newspapers, not all used, to make money. There are traders who trade money with the simplest methods trade. As Alexander Elder said, the three keys to success on the market in the long term in mind, the method and management. The purpose of a good trader is not making money, but for commerce as well. Good luck! – Jim http://jsforex.blogspot.com