Why You Should Be Using Forex Automated Trading Software

Forex automated trading software is software which reacts to changes in the market in your favor to ensure that you end up on the winning end of your trades as near 100% of the time as is possible. This software has grown wildly popular amongst investors of all backgrounds and experience levels due to the ease and convenience which it offers and above all else the reliability and winning rates and results it boasts. Let’s take a look at 3 reasons for why you should be using forex automated trading software yourself today.

First off, forex automated trading software is hands down the most reliable way to invest in the currency exchange. The reasoning to account for this is the fact that emotions are the greatest killer of otherwise successful trades. Forex automated trading software ensures that every move you make is the result of statistically analyzed market behavior and nothing else, so by taking the trading out of your hands in full it becomes the most reliable trading method available to investors.

Next, forex automated trading software is much more cost effective than going the traditional outsourcing route of hiring a broker. Most options are had at a one time cost whereas hiring a full service broker costs you regular fees as well as commissions taken off of your gains they net for you.

Lastly, forex automated trading software is much more responsive than its human counterparts. Because good software remains constantly dialed into and connected to real time market behavior around the clock, it’s always in a position to react to changes as quickly as they occur whether it’s to get you in on the ground floor of a high probability trading opportunity or if its a defensive move to shield you from sustaining any loss from a trade which has turned out of your favor.

Ultimately forex automated trading software works to keep you on the winning side of your trades as often as possible and collectively no human trading can boast the same level of reliability and profits.

On top of everything else, using a forex automated trading program means that you don’t need the time nor the experience to invest in the forex market yourself. This makes it the perfect best kept secret for realizing your financial independence through smart and reliable trading in the world’s largest market in your spare time without cutting into your existing schedule.

Automated Trading Vs Manual Trading

One of the major topics in Forex is automated trading. There are tons of system out there, all claiming to make you millions of dollars. Now, I would encourage you not to get caught up in these marketing claims because no system–manual or automated–can consistently make returns like the ones many of these EA sales videos are claiming. With that said, there are certainly automated systems available that can produce profit consistently; however, as Forex investors, we need to be careful about our expectations. If you are determined to find an EA that is going to make you rich quick, you are very likely to spend a lot of time and money on things that will only hurt your account. As a matter of fact, with all the time you would spend searching for the black box of trading, you could probably have earned a significant amount of capital by just running a system that produces consistent, lesser profits over that time period. It is crucial to understand that no market is suitable for making massive amounts of money in a short period of time. Every type of market can deliver a very large return on investment to its investors, but in each scenario, those returns should be made with consistent profits over a period of time.

If we are happy with consistent returns, than there is definitely some robots that can deliver those. The key to finding an automated system that actually works is finding someone who is not claiming to make you rich overnight. Ideally, you want to invest in a system that is created by a real trader who is targeting 5-12 percent per month. In most cases, you would not want to invest in something that is targeting more than this return because that would mean one of two things. 1. It is too risky to trust with your hard earned money or 2. It is false advertising, and the robot does not deliver as suggested.

My point is, that if you know what is reasonable, there are definitely robots that can produce profitable returns. But the question is, is a robot trader better than a human trader?

There are, of course, a lot of things to take into consideration when we ask this question, and I surely will not be able to get into all of them, but let’s take a look at some of the advantages and disadvantages of both.

When you talk about a human being trading, you have to automatically account for human error. Human beings, no matter how smart or sophisticated are bound to make mistakes. Whether it is entering an incorrect size om a trade or putting a buy order where there should have been a sell order, you can automatically assume that there is going to be some mistakes when a human being is in charge of executing a trading strategy. This is obviously one of the crucial disadvantages that a human has compared to a robot. However, along with the disadvantage of human error, human beings also have a significant advantage. The “feel factor” is a big advantage when it comes to human trading. With the human feel, traders can get “in the zone” and really have a feel for the market. In these times, human traders can get in and out of the market at more precise prices than a robot could ever match.

Humans also have more vision than robots. A robot can only “see” what is programmed into it, but a human can take into account current, unexpected events like natural disasters or corporations declaring bankruptcy or governments defaulting on loans. This is a significant advantage for the human trader, because often times it is these events that can crush your account.

On the other side of things, there is certainly a lot of advantages to robotic trading. As we already mentioned, the main advantage is probably that it doesn’t have a mistake tendency. A robot, if programmed correctly, will not make execution mistakes. A program can deliver with exactness at all times. This is a very, very large advantage for robotic trading, because the mistakes that a human trader makes can be the difference between profitability and unprofitability.

Certainly, there are advantages to both of these methods, but is one better than the other?

This is a difficult question to answer. Like many of the debates in Forex trading, the debate of Automated Trading vs Manual Trading has many different ways to look at it, and many different answers depending on how you look at it.

The key thing to remember is that, if done well, either one can be done successfully and consistently, and if done successfully and consistently, either one can make you a wealthy individual.

The Best of the Forex Automated Trade Programs?

Forex automated trade programs have been gaining a great deal of credibility and popularity in recent years as they continue to become more and more effective in automatically enacting trades on your behalf so that you do not have to have the time or experience in the forex market to see some reliable gains come out of it. This is is a review of what is likely the best forex automated trade program on the market today.

FAP Turbo is a forex automated forex trade program which automatically enacts and ends trades in the forex market on your behalf. How it works is first it scours the market 24 hours a day looking for profitable trading opportunities.

I should note here that in order for this program to work most effectively, you need to be able to have a computer which you can leave on and connected to the Internet 24 hours a day so the program can run the most effectively. If you can’t do this for any reason, the publishers offer to run the program on their own servers for you for a slight upcharge where you can still check in and control it if you choose.

Once the program has found what it deems as being a profitable trade in enacts that trade accordingly. At this point, it follows that trade’s performance in the market, ensuring that it is constantly earning you money. Once the market inevitably fluctuates out of your favor, program trades away the now bad investment, thus shielding you from loss and repeats the process over again to look for a new op.

I’ve tested a number of forex automated trade programs over the years, and I’ve found that the major difference between FAP Turbo and the majority of the other programs which I’ve tried is that FAP Turbo is a much more conservative trading program.

This is a good thing as this was typically my complaints of most of the programs I’ve tried in the past or in other words that they trade up much too aggressively, thus requiring you to check in on them from time to time to ensure that they haven’t lost money on trades. To me this effectively negates the whole purpose of the program, so I’m glad that the makers of FAP Turbo thought to keep this in mind when designing their system.

What this means for FAP Turbo is that it is much more discerning about what trades it enacts. It keeps much higher standards which trends must meet in the market. If not trends meet these standards, it continues looking.

As such it’s market activity fluctuate greatly from day to day, but the trade-off is that it delivers the best, near-perfect winning rate which I’ve ever seen and would thus recommend this forex automated trade program to anyone looking to earn some reliable money in the forex market without sacrificing the time to do so themselves.

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