Forex and Domain

I have read a lot about how automated forex trading systems just don't work in the long term, but I cannot find this personal experience. I've never traded forex using automation. The following is an email from a trader who it can be concluded from his experience. I found it totally worth sharing.

I came across your blog this afternoon while casually surfing forums instead of watching rubbish on TV.

I find your research of commercial success as in many respects, it reflects my experience in many ways.

I spent more than two years, pretty much full-time research of automated solutions for trading, after having been in the business of automating process for 25 years. In summary, I conclude that it is a futile exercise with the technologies currently open for average retail merchant. I have yet to find an expert who is sufficiently reliable to be left trade on its own and have pretty much concluded that most are really solutions to curve. I have seen no mailed strategies across consistent or reliable and able to be automated without significant risk. I see some respect to be profitable (Artemis would be an example), but he needs constant adjustment and tuning which makes similar to semi automation, not full automation.

However, there are manuals available strategies that are cost-effective. they just do not lend to automation because of the ability of the human braoin to make decisions based on a proce movement which are virtually impossible for any expert make. I have abandoned my search for solutions to complete automation a year ago and concluded semi - Automation was probably the right lane. I trade manually today, with a few automated AIDS.

Associated with that, money management and trade certainly psychology are massive keys to success, the first to ensure that you are alive in the business of tomorrow and the latter because it takes time to get your state of mind just able to trade all, and this is what takes the time to Rich. Of course, you need to understand the basics of trade, but without the State of mind right, you will be ever consistently profitable.

Your objective of 50% per year is achievable so follow your search.

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