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Old 09-29-09, 05:23 PM
keegan99k9's Avatar keegan99k9 keegan99k9 is offline
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what is Forex Trading Robots???

Automated or automatic forex can be defined as the ability to trade forex with the use of a trading program or forex trading robot, without needing a human to physically trade a forex system. With forex, automated trading is an emerging field that began not that long ago.
There are 2 general categories of automated trading:
  • Automated trading through managed forex. Some, though not all, forex managed accounts are traded via automated forex. In either case, the trading is passive in that you don’t have to do it. But in the case of automated forex, the trading program or robot executes the trades of their trading system, rather than a human team.
  • When you program your own or someone else’s forex system into a program with programming and automatic trading abilities such as MetaTrader, or other trading program. Wealth Lab required programming skills (the programming language used is similar to Pascal), while other programs just emerging that will allow you to select parameters and test your system performance.
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Old 10-05-09, 11:40 AM
CashSplash's Avatar CashSplash CashSplash is offline
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Forex trading robot is a computer program based on a set of forex trading signals that helps determine whether to buy or sell a currency pair at any one time. Forex robots are designed to remove the psychological element of trading, which can be detrimental.

But be careful please, because it is important to note that there is no such thing as the "holy grail" of trading systems, whether automated or not. If the automated system being sold was a perfect money maker, the seller would not want to share it. This is why big financial firms keep their "black box" trading programs under lock and key.


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Old 10-05-09, 12:16 PM
forex_fund_mgr's Avatar forex_fund_mgr forex_fund_mgr is offline
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Quote:
Originally Posted by CashSplash View Post
But be careful please, because it is important to note that there is no such thing as the "holy grail" of trading systems, whether automated or not. If the automated system being sold was a perfect money maker, the seller would not want to share it. This is why big financial firms keep their "black box" trading programs under lock and key.
If you believe this to be true, then you simply need to read more. There are many, many "black box" systems out there that have been revealed to the public and are all very profitable. Start by reading the book "Market Wizards" and then come back and change your statement . . .
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Old 10-06-09, 10:41 AM
CashSplash's Avatar CashSplash CashSplash is offline
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Quote:
Originally Posted by forex_fund_mgr View Post
If you believe this to be true, then you simply need to read more. There are many, many "black box" systems out there that have been revealed to the public and are all very profitable. Start by reading the book "Market Wizards" and then come back and change your statement . . .
Listen buddy I don't need to read anything, I know for a fact there is no "holy grail" in Forex.
I also know that perfection does not exist in Forex, or anywhere so maybe you should read, think about it and than start commercializing your book.
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Old 10-06-09, 11:24 AM
forex_fund_mgr's Avatar forex_fund_mgr forex_fund_mgr is offline
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Quote:
Originally Posted by CashSplash View Post
Listen buddy I don't need to read anything, I know for a fact there is no "holy grail" in Forex.
I also know that perfection does not exist in Forex, or anywhere so maybe you should read, think about it and than start commercializing your book.
You haven't read anything, so thats why you're so sure about Forex . . . right. Your line is CLASSIC. I'm using it as my signature from now on

"Market Wizards" is not my book (I wish!). It's simply the Bible on interviews with great traders and most people that have been in trading for more than a few months know about it and have read it.

I have some shocking news for you: You are not the first trader to walk this earth and, actually, neither am I. There have been other great traders before you . . . why do you refuse to learn from them?
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Old 10-10-09, 04:37 AM
Daniele's Avatar Daniele Daniele is offline
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People from Market Wizards do update their systems from time to time. Robots that can be bough in internet are no updated. Besides - most of them are fake.
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Old 11-13-09, 05:25 AM
indianaptp's Avatar indianaptp indianaptp is offline
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ea

robot - automatic trading 24/5 days
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Old 01-28-10, 02:28 AM
shilpaworld01's Avatar shilpaworld01 shilpaworld01 is offline
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hi

Forex trading is a computere program.Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a dealer, and are traded in pairs; for example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

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Old 02-01-10, 02:42 AM
shilpaworld3's Avatar shilpaworld3 shilpaworld3 is offline
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hi

The Forex market, like anything else that’s based on buying and selling, undergoes changes based on predictable trends. While this can be a bit unnerving for someone who is young, or inexperienced in predicting these shifts, a veteran trader sees the relative predictability of changes in the market as an opportunity for success.
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Old 02-17-10, 05:55 AM
shilpa07's Avatar shilpa07 shilpa07 is offline
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hi

I think Forex trading is a computer program. it will be use to only computer applications.

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