An expert advisor gives traders an edge:robots

1) It manages trades which humans are not good at, like a trade management EA

2)It is very patient , it does not suffer from emotions stress and psychological issues.It can wait patiently without trades for days, it is disciplined.

3)It can execute with precision unlike humans , wall street is replacing humans with robots

4)It does not suffer from greed and fear.It does not make mistakes like humans.

5)It can trade systems automatically

6)It can trade 24 hours a day

7)It can trade many instruments + trades simultaneously. All these trades are managed automatically

8)It can execute 20 systems simultaneously on multiple instruments. Traders override systems and miss trades due to loss aversion.

https://www.youtube.com/watch?v=t2OtW2KPgF8

https://www.youtube.com/watch?v=op9D2SsIfGE

https://www.youtube.com/watch?v=h78XIcRkr-A

http://no-ads-youtube.com/video/strategy-mindset/patience-the-professional-s-edge-by-dr-andrew-menaker?v=rF-fj5AO678

Traders make mental mistakes, expert advisors dont make mistakes in real time.

https://www.youtube.com/watch?v=5nHEXraQ8hw

https://www.forexfactory.com/showthread.php?p=11359925#post11359925

The conclusion on this thread vote was ;

Most traders voted for psychology and money management, but here is the missing point

Money management losses are the result of greed, fear,revenge trades, frustrations etc , these are mainly caused by psychological factors.The trader gets greedy and stops following money management, or he does revenge trades to get his money back.Money management issues are caused by psychology. The winner according to the voters , by unanimous decision was psychology.

When trader loses, he gets stressed , then his brain command center shuts down. His subconscious brain reverts to default ancestral settings and goes into revenge trades, profit betting /gambling to recover losses, he bets the house as a consequence of amygdala hijack.

Nobody likes losing , fear of impending loss triggers emotions. When they lose ,they lose bottle .The money they deposited at broker, is something they do not want to lose.Most traders go into trading, not ready and mentally prepared to lose.

There are 10,000 free systems on the internet, so it is not lack of systems why they failed.They surely must have found at least one profitable system

He says trade one instrument, robot allows you to trade multiple systems /instruments.

https://www.youtube.com/watch?v=pKQSVC8kHvo&feature=youtu.be

discipline is lost after after losses

https://www.youtube.com/watch?v=4PuZHZ1bdUw

https://www.youtube.com/watch?v=CxNU2e_sviM

https://www.youtube.com/watch?v=mtRrxNTnyh8

https://www.youtube.com/watch?v=BIfK0L8xDP0

https://www.youtube.com/watch?v=9u3UvXqArqs

8 different instruments monitored and traded simultaneously

EA is trading 12 pairs and making profit, 88 pips yesterday.Humans can't do it.

lulz

https://www.youtube.com/watch?v=LBNtChg4t4k&feature=youtu.be&t=3