How Do Automated Trading Systems Work?

April 12th, 2008 | by admin |

forex trading system
Emil Tan asked:


What is automated forex, and can it produce even better returns than a person trading?

http://www.ez2fx.com/automated-forex-trends.html

Thanks in advance

Ala

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  1. 4 Responses to “How Do Automated Trading Systems Work?”

  2. By MySearch on Apr 13, 2008 | Reply

    I don’t know about others but I find it hard to totally let some Forex Trading software do all the trading for me on autopilot.

    What I prefer is to use them to generate signals for me and I decide on the actual trades.

    That’s why I prefer to use Forex Killer instead of Forex Autopilot. I have made some money from this way of trading using Forex Killer just as an aid.

    I don’t think I’ll go for full forex autopilot. Maybe the software can make more money but I’m still uneasy.

  3. By Ritch on Apr 15, 2008 | Reply

    Finding or making a good auto trading system is quite difficult. In the end, the less complex the auto trading the better. We have one that we’ve been running that is up 219% in 3 months. It is very simple strategy, but it works.

  4. By Alice on Apr 17, 2008 | Reply

    hello,

    The difference in hand-made and machine made sweater is the difference between person trading and automated trading. This means person has natural limitations like knowledge, inexperience etc, but an automated trading is equipped with every kind of facilities like technical charts analysis, market news absorption. Thus Refining each and every trade of ours.

  5. By peterj on Apr 18, 2008 | Reply

    Hi There,

    At the end of the day it all comes down to your Forex Trading experience in terms of which system is going to work for you.

    I have tried a few out – namely Forex Autopilot System and Forex Killer. From my tests I believe Forex Auto Pilot (an automated trading system) is better suited to less expereienced trader’s and someone looking to trade part time.

    A product like Forex Killer gives the user signals of when to enter and exit a trade. You then use those signals and trade manually. I think if you are serious about Forex Trading, then a system like this is going to give you more flexibility.

    Check out the following site, to learn more about Forex Killer:

    Hope that helps.

    Peter J.

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