Forex Secret Weapon EA

Most traders want to know  how risky is automated trading?? in my opinion it is less risky the manual trading, again it depends on the trader , the strategy, and the traders ability to execute and analyse the market properly, even the best traders  make lot of mistakes , when using automated systems  the strategy is already "pre worked out" , based on historical data, one can never be 100% sure that  this will happen in the future, so there is always a element of risk, as long as the  risk is staked in your favour , that`s what matters,

Based on the statistic's  , 80% traders lose their accounts, they trade manually, and using automated strategy's , so it  comes down to managing the trades, well designed system will focus on managing the trades  and have the ability  to come out in front, no matter what type system you create,  the most important  part is , managing the trades, and have the ability to adopt to the conditions  in the market, as they unfold , my advise is that any system always needs to be monitored, and have tools  built in to the system, so that  one can give  new instructions to the EA in any adversity, or before the adversity happens , that is what makes a great system, there is  always risk there  so one has to treat trading seriously  as a business, you have to be prepared  for everything .

 

 

 

 

STP Broker, www.whitrockfx.com