What Would Be The Ideal Trading Robot For Our Markets Today?

Hello! Many of you probably have had a frustrating experience using robots for a long period. I'm no different, I had that too. Part of the savings were multiplied and then lost on the idea that a robot could trade with me in addition to my manual traded earnings. But is this really an impossible task to accomplish? I just didn't want to believe so.

Trading public assets will always be a great choice and proactive decision for taking control of your financial future. I love the idea that markets are adaptable. That is just the reason why developing a skill makes it a great way to make money because it's a skill that will always be useful and trading will never "go out of business", if you will, like a company would do. Doesn't matter whether it's a machine doing it or your own trading skills.

I have started to wonder what kind of robots are built to last. The idea that only banks with large capital can make money using robots is just not convincing. If not all of us can program it can we define it? What the ideal robot would look like today to last longer? How much do we have to worry about the execution of these trades made by the machine? Does it need a high speed connection or we don't need to be as fast as the arbitrage robots? What would be the perfect robot to take advantage of the high-liquidity market which is the currencies markets and yet be modestly profitable and last long term?

-Matt

One word: ForexFlex
Golden rule : Patience is the key

The issue is that a single robot can never work. To be successful in algorithmic trading, you need a group of robots that can trade ranging, trending, volatile, non-volatile and a host of other markets attributes successfully.
Next, you need a central system (this can be you as a human being as well, of course) to evaluate each's performance and to swap them out as the market conditions change. And you need to constantly be in search of a new edge, because each edge only has a finite lifetime. As humans, we tend to adapt to new markets naturally through observation, but unless you are using neural networks, a robot will do the same thing each time, even when the method no longer has a positive expectancy.

I think that it's a good idea to make use of semi-automated trading where your robot simply works as your alert system, and then you take the trades on a discretionary basis yourself. This avoids robots taking trades during chaotic events such as news, or more importantly, blowing up your account during a black swan event where the slippage (especially on high leverage) can do a lot of damage. (Remember that massive 500 pip GBP/USD pop not too long ago?)