Tuesday, 17 March 2009

Retail Forex Client : Going Automated Strategies and Systems

This trend towards automated trading in general and even more so automated FX looks set to continue. The mere idea that you can develop or just buy/lease a system the shelf that then automatically works profitably appears to be irresistible, whether or not it turns out to be the case in many cases.

Reasons to “go automated” include increased reliability, lack of emotional overload and other factors that often lead to unwarranted losses in the market. Being able to let an “automated system” trade for one also lifts the veil of personal responsibility and blame from the trader to the system itself and enables such systems to be better appreciated with the knowledge that ones own input or lack thereof is not a factor in the outcome of trades.