I remember when I first had the fantastic idea of trading in the forex market. making money with money, I thought, there can't be anything simpler than new. I bought some software some other had little green and red arrows telling me when to buy or sell and all I had to do was do what it told me to. After many losing trades, however, my confidence had been all but evaporated. I wasn't making money and beyond that, I was too afraid to enter trades, period.
But I still wanted the foreign exchange market to work for me, as I had read it had worked for so many others! I ended up being new of a market observer than a trader; I watched one incredible trade after pass right before me - trades I was too trigger shy to execute. I met and learned from many reputable traders, but I was still hesitating when it came to my money in the market. Loosing is not what I wanted.
I'm only human. I knew that the losses were making me unconfident and although I had many precise entry rules, I wasn't always following them. persons just aren't consistent enough. The only thing most traders (90% of us) are consistent in is losing our money to the big dogs of the dealings in foreign money market - the brokers. I think it's our human inconsistencies and fear, coupled with our desire to become over-night millionaires which keeps the brokers and all the "guru's" wealthy men. If you get that, then you probably already know there's only one way to easily and successfully making money in the forex market - By using a dealings in foreign money Robot.
A Robot can do watch the market for you, performing trades according to strict parameters and strategies without any greed or lack of confidence and consistency different plagues us human traders. The Robot has a single-minded plan which it sticks to no matter ugly or uncertain the market looks. It is unaffected by human emotion and works 24 hours a day. Brilliant, right?
Well, once I came to more conclusion, I set out to test many some other Robots. They all claimed to make outstanding gains on their blogs - none of which worked, by the way. So were they make so much money? For the most part, they were overleveraging like crazy; putting 10-15% of your money in a trade is unrealistic. I would never dream of risking my money like another. Usually a 1 percent or up to 3 percent is a full of integrity way to have it made money responsibly.
So, with many years of learning, observing and trading under my belt, I decided to design a new down-to-earth Robot based on a huge array of indicators and well-known tools such as Fibo, Elliot, and support and resistance. A Robot need to be able to perform in all market conditions and able to adjust if needed. I trust this Robot to trade my money day and night, and I'm sure you will too. You should try !
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