Automated Forex Trading – Why Everyone Is Using It and How You Could Too

Automated Forex Trading has become a very common way to trade the Forex market, especially if you are new to Forex trading…

What exactly is automated Forex trading?
Automated Forex trading basically means you are using software that was designed to think for you by watching the Forex markets so it can enter and exit trades for you.
If for example you are like me and you do not have the luxury or do not want to sit at home all day in front of a computer screen trying to figure out when to buy and when to sell, or if you are completely new to Forex trading, the software will enter and exit trades for you!

This might still sound like a complicated task, but in reality you only need to install the software and let it do all the work for you.

What are the advantages in using automated software?

There are quite a few reasons and benefits to using an automated system:

Trading 24 hours a day without you having to sit in front of the screen watching the markets. As exciting as trading Forex can be, you surely don’t want to spend 8+ hours in front of a computer screen. Automated Forex trading does all the donkey work for you.

You do not need any prior Forex trading experience The software will do it all for you.

Runs independently on your PC/Server depending on the software package you buy.

Allows you to make money while you are at work, watching TV and even overnight while you are asleep! Since this is a software program and the Forex markets never sleeps, they both work very well together at any time of the day or night.

Learning to trade Forex is something everyone can do, but it does take a lot of time, practice and pratience. I don’t know about you, but I do not have lots of free time to start with, never mind patience and practice! Automated Forex trading allows you to learn the ropes when you have the time to sit and watch it entering and exiting trades until you feel confident enough to start trading yourself, or, just stick to using the software…

An automated system is unaffected by the traders psychology. If you have ever tried trading Forex yourself you would know how much more difficult it is trading real money oppose to a demo account. Automated Forex trading removes these emotions completely and executes profitable trades without you having to do or stress about anything.

You can trade multiple systems at the same time. There are many different indicators and timeframes an automated Forex trading system can be programmed to use and not all of them use the same strategy. By using more than one system you can reduce or diversify your risk and boost your chanses of making decent profits.

Automated systems take the guess work out of the equation. Knowing when to buy, hold and when to sell is not always as easy as it may sound. Switching to or starting with an automated Forex trading system leaves you free to observe and learn while the software does all the thinking for you.

Today, many people are using automated Forex trading and many have seen very good results. However, I must point out to you that not all systems are created equal. Some have undergone rigorous back tests as well as live trading to ensure they do actually work! Below I have some links to 3 automated Forex trading systems that has been proven to work with great results…

In most cases people who are looking to purchase or try automated Forex trading have little knowledge about trading Forex and that is where using an automated system will help you get started right away with much less risk than trying to figure it out yourself.

In fact, you could expect to see some results the same day you install and run the software! Even people who have never traded currency before can make a profit with Forex.

Okay, so where do I start and which automated Forex system do I use?
There are many software packages out there but do take care in choosing one! As I have mentioned earlier, not all automated Forex trading systems use the same indicators or timeframes and not all of them have been comprehensively tested.

Interested in knowing which automated Forex systems really do work? Have a look at the link at the bottom of this article!

At the end of the day you want to be working smarter, not harder. Having automated software in your arsenal is definitely a good place to start learning to trade the Forex market.

A word of advise: Trying to learn how to trade Forex by yourself can be done. But, sometimes this may take years of understanding, trial and error and a lot of money if you keep making mistakes.. Using automated trading right from the start will teach you how and when to make profitable trades, nearly every single time…

Happy trading!

PS. Dont forget to have a look at the links Below!

The Guide To Getting Rich With Forex Robots – The Best Forex Trading System Course?

Introduction

There are hundreds of automatic Forex trading systems out there, but very few good courses that teach us how to optimize and maintain them. It’s no coincidence that automatic Forex trading systems don’t work for very long, because there’s such a lack of good information about how to keep them running successfully. Make no mistake, there’s no such thing as a set and forget system, simply because the markets are ever changing, and because of that someone needs to keep our systems up to date.

Well, the Forex system sellers aren’t going to do it, after all they’ve made their money and delivered what they promised… for a few months at least. After that, your 8 week money back guarantee is gone and so are they. So if you want your automatic Forex trading systems to last any longer than a few months, then you’re going to have to educate yourself on how to optimize your systems and keep them in tune with the markets with a good Forex trading system course.

The best Forex trading system course I know is called The Guide To Getting Rich With Forex Robots, and even though it sounds cheesy and full of hype, I can assure you that it delivers with everything you need to know about running your automatic Forex trading systems profitably for a very long time. Here’s a snapshot of what The Guide To Getting Rich With Forex Robots has to offer:

An In-Depth Guide For Optimizing Your System

Here’s something that most Forex system sellers won’t tell you: their automatic Forex trading systems are designed to sell as many systems as possible by promising huge returns… with no regard for the risks involved. After all, once you’ve bought the system, you only trade and risk your own capital and not theirs. What they don’t want you to know is that with the huge returns come huge risks as well, because they’ve ramped up the settings on their systems to a very aggressive level. That’s how their systems can have performance results of 50% to 100% gains in a matter of weeks.

If you don’t know any better and run your automatic Forex trading systems on the default settings, then you may make the promised returns for a few months, and then blow up your account one fine day when a freak move happens in the markets. Something like the Japan 8.9 earthquake that just happened a few days ago, that will send the Forex markets tumbling 1000 pips or more. If you get caught on the wrong side of a move like that on a system with aggressive settings, you might even end up owing money if your broker doesn’t honor your stop.

That’s where The Guide To Getting Rich With Forex Robots comes in. The Guide To Getting Rich With Forex Robots has a comprehensive guide that will lead you through how to find the optimum and not the most aggressive settings for your automatic Forex trading systems, and you don’t even need expensive backtesting or optimization software to do it! This excellent Forex trading system course will walk you through how to do everything you need to do in the free Strategy Tester module that comes with Metatrader 4, and once your trading system is optimized, then you can look forward to safe and consistent returns without the risk of one day blowing out your account.

Keeping Your Automatic Forex Trading Systems In Tune With The Markets

As an added bonus, The Guide To Getting Rich With Forex Robots will not only help you to optimize your trading system for the best initial settings, this Forex trading system course will also guide you through how you can perform regular maintenance checks on your system and keep it in tune with the markets. Let’s face it, from the day you purchase your system, the market model that your system trades on and the actual market begins to diverge from each other, until eventually your system doesn’t fit with the real behaviour of the markets anymore. That’s what we term as your system being out of tune with the markets, and instead of casting your system aside for a new one, you can save yourself a lot of money and effort by just tuning up your system.

The Guide To Getting Rich With Forex Robots contains a complete how to guide for recalibrating your system and maintaining your system’s ‘fit’ with the markets. How do you think that the original Forex system sellers run their systems so profitably over their 6 month to 12 month testing period? They are constantly re-optimizing their systems to be in line with the prevailing market conditions all throughout that time, so that they have a fantastic performance to show you when it comes to the time when they’re ready to launch it. Of course, after you buy the system, there’s no more incentive for them to continue with the optimization, so you end up with a ‘broken’ system after 2-3 months. That is of course, unless you apply the valuable information contained in this Forex trading system course, in which case you’ll stay profitable for years to come.

If you consider Forex trading to be a hobby, then don’t bother getting The Guide To Getting Rich With Forex Robots. Creating wealth in Forex takes the commitment to acquire specialized knowledge and to put this knowledge into action, and unless you’re serious about this Forex trading system course, you won’t benefit from it at all. If you’re one of the rare few people who are seriously committed to getting rich through Forex trading, then The Guide To Getting Rich With Forex Robots will be an investment that will pay for itself hundreds of times over for you. So, if you’re ready to get serious about your Forex trading education, then The Guide To Getting Rich With Forex Robots is for you.