Sunday 21 July 2019

Top Secrets About Robot Trading ... Part 1



Hello Traders....

This post is intended to be for those who are interested about robot trading.

Let's first start to tell some facts... 

Automated trading or robot trading means using expert advisors (EAs) to make our trading is more comfortable, faster and easier.

Expert advisor is used to trade and take an automatic actions on trader's behalf. We used them for many purposes like.... 
- doing complicated calculations then we easily get the summaries for  auto actions. 
- save our time for waiting the signals, so EA can perform trade automatically when rules for signal or strategy are met. 
- perform specific actions by calling the EA or script to do it. 
- modifying orders when some specific market conditions (programmed) are exist and protecting accounts to close orders at specific profit or loss. 
- copying signal from one or many sources to other account(s). 
Anyway, endless uses for EAs can be coded. 

Now, let me ask you the following questions... 
- Are you satisfied a 100% with the expert advisor you are using now?
- Do you trust your expert advisor to be as "Set And Forget" EA? 
- Why you are continuously looking for profitable expert advisors? 
- Do you know "EXACTLY" how your EA works? 
- Do you know "EVERY" part in the EA external settings and it’s effect?
- Do you know the powerful and weakness points in your EA? (very important question)!
- What actions you should do in the difficult market times? 
- The most important question is, Did you get satisfied answers for all the above questions? 

The above questions show that the robot coder and/or marketer plays the biggest rule to make you either to get best of the EA or may be losing everything. So, please be careful ...

Everything is based on how far the EA coder and/or market is honest to tell you the truth. 

Till this point, I didn't tell any secrets yet but I should enlightened you about some points that you didn't consider in the past, or may be you didn’t find answers for them yet.

This is the end of first part of the post. Part 2 is coming soon. Please keep tuned to the blog to read the next interesting facts that I doubt to find somewhere else.

If you have any questions or notes, please feel free to write yours in the comments section.

Sincerely yours,
O. Shaban

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