Automated trading?

hahaha, all these forex failures trying to sell their shit on trading forums makes me larf.

Casiokiddie.....
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Quote from harbinger:

I have seen a bunch of advertisements for automatic trading robots for forex, any merrit to them or just scams?

Making a profitable robot is a real big and very very long journey, but it is possible. There is a high probability to find scams because making a profitable strategy requires an enormous effort and amount of work and backtesting and simulation, to understand the key concepts.

In my opinion, one of the (obvious) "secret" is to build it in such a way to allow very large profit, which can compensate the inevitable losses that you have sometimes.

This clearly requires to have a good amount of money on one, or better, multiple account.

If you trade with too little money, you will lose all of it ;-)

In case, it's better to join some friend and share (possible) profits...


T



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