Friday, July 13, 2007
EA expert Advisor
Why do 90% of forex traders lose?
Traders are humans and like all humans, we suffer from greed. Like all
humans, in crucial moments (or market conditions) we lack confidence,
we have fear of what might happen and most importantly, we are usually
(90% of the time) - inconsistent.
Taking this into consideration, 90% of traders WILL LOSE MONEY IN
FOREX. They will consistantly give away their money to the other 10%.
This, together with the illusion of becoming millionaires overnight
trading some "guru's" trading system from an ebook, is what keeps the
Forex market a great business for Forex brokers and the so called guru's.
If you really understand this, then you can actually MAKE MONEY IN
The easiest way to do it, is using an Expert Advisor.
Forex Expert Advisor Software - The Benefits
Trading with a robot...
An Expert Advisor is a "robot". Robots beat humans at chess and they
beat humans at trading.
An EA robot will watch the market for you, placing trades under
certain parameters (strategies), avoiding the fear, greed, lack of
confidence and inconsistancy which characterizes most traders.
The Expert Advisor has a plan. It sticks to it no matter what, no
matter how ugly or uncertain the market looks. It has no greed and
will be running 24 hours a day for you.
Just by your interest in and awareness of expert advisors and trading
robots, you are already ahead of the majority of forex traders out
there who are still chasing the holy grail "trading strategy" forex
course or ebook.