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  • 3 Reasons Why I Use Trading Automation

    From dailyfx.com

    As discussed in a previous article titled "3 Things I Wish I knew When I Started Trading Forex," I explained how my start in trading Forex was a rocky one. I burned through 20% of my account in 3 weeks and was fortunate enough to stop trading until I had a better education. Working for FXCM for a few years and then later at DailyFX.com, I was able to refine my trading technique and also begin to incorporate trading automation into for Forex account. Since making these changes, I've completely turned my trading around, and today I would like to share some of the benefits I have experienced when it comes to ... (full story)

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  • Post #1
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  • Aug 29, 2014 2:47am Aug 29, 2014 2:47am
  •  hayseed
  • Joined Nov 2006 | Status: Member | 289 Comments
4..... automation takes the weakest link, me, out the picture.....h
 
 
  • Post #2
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  • Aug 29, 2014 3:22am Aug 29, 2014 3:22am
  •  Guest
  • | IP XX.XX.157.247
The point here of course is to buy into the dailyfx (FXCM) setup for automated trading. Clearly, without more information just the word of a paid underling will not make the grade at least with the larger discerning crowd (newbies though I suspect are the target here).

a) "completely turned my trading around" means what in terms of your returns history?

b) What are indeed the sort of monetary gains to be had (using automated trading FXCM style) compared for instance with that earned by your non automated trading clientele over say a year?

Without these (or similar) hard facts laid bare, one would be foolish to consider anything said here. If it were as faultless (and or as lucrative) as implied by the article clearly "word of mouth" would be ahead of this article and you would have had the courage to spell out the benefits rather than present a beggarly invite to trial. It seems that the truth is what we all know - automated systems can be mediocre to outright losers nearly all of the time with the cop out being "well I could not do better on my own" by those who really have not the skills to do well and or the time to gain it.

The Crow (-_-)

BTW: Anyone earning top $ from trading has all the time in the world to give to it. If you know what you are doing there is not a moment of stress as it can be a very stimulating almost complete (in terms of living) undertaking. I spend nearly 24/7 on it and really miss nothing else.
 
 
  • Post #3
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  • Aug 29, 2014 3:40am Aug 29, 2014 3:40am
  •  Viper85
  • | Joined Aug 2014 | Status: Junior Member | 1 Comment
But is it possible to use automation for any platform?
 
 
  • Post #4
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  • Aug 29, 2014 3:51am Aug 29, 2014 3:51am
  •  21vs7
  • Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 77 Comments
jap, thats the main point
 
 
  • Post #5
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  • Aug 29, 2014 4:06am Aug 29, 2014 4:06am
  •  Freddyfx
  • Joined Jul 2007 | Status: Member | 52 Comments
Rob, great article !!!
 
 
  • Post #6
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  • Aug 29, 2014 4:38pm Aug 29, 2014 4:38pm
  •  Aussi
  • Joined Sep 2013 | Status: Member | 3,937 Comments
I see cheats liars and con men working a line here
 
 
  •  Guest
  • | IP XX.XXX.174.97
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  • Story Stats
  • Posted: Aug 29, 2014 2:27am
  • Submitted by:
     Newsstand
    Category: Educational News
    Comments: 6  /  Views: 2,864
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