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Old 09-05-2006, 01:42   #37
demonfx
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Re: Automated Systems -any hope? :(((

I think that there are 2 types of (amateur) traders out there, the ones that love the markets and want to become a professional trader, and the ones that are looking for an easy system to get rich. I don't know if the latter is a successful path. I'm a pretty good programmer, and have written about 40 .mql and .mq4 experts, all of which ultimately lost money (even after successful back testing). I have left automated trading aside and now I focus on manual trading - and treat it like a business. The message here is, that before you can write a "sit back and relax while you get rich" expert, you must learn to be a fine trader. This thing requires a lot of work, and if you are passionate enough about it you can succeed. If your girlfriend doesn't understand then maybe you need a new girlfriend. Girlfriends only result in big drawdowns anyway
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