Expert advisor forex is a program capable of performing in the terminal following the instructions of a Traders, without direct involvement. All tasks are done automatically or mechanically, this is why advisors are called experts or mechanical trading systems (MTS). Simply put, this is a program of submitting applications to mediate without the interference of traders. You install expert advisors for the existing online forex trading platform, which connects to the broker server, adjust all settings, and after that the advisor starts trading in accordance with the preset strategy.
Benefit of Expert Advisors.
From a psychological point of view, forex expert advisors are irreplaceable. A trader reduces the responsibility for decision making, and trading becomes less stressful. traders do not need to have in-depth knowledge of technical and fundamental analysis, as all calculations are included in the program. In addition, the advisor is able to handle signal trading even when the trader is absent from the workplace.
Why should you use EAs (Robots)?
1. Robots used methods proven effectively.
2. Robots always follow discipline, not trade on emotions as humans.
3. Robots are not greedy.
4. Robots patiently wait and choose the best opportunities to trade (24/5).
5. Robots always use stop loss and take profit to manage risk.Robots sometimes handle automatically but human can not (eg when market volatiles).
Above are 5 reasons that robots can overcome the disadvantages of traders to bring steady profits.
SONY FOREX Team.
Benefit of Expert Advisors.
From a psychological point of view, forex expert advisors are irreplaceable. A trader reduces the responsibility for decision making, and trading becomes less stressful. traders do not need to have in-depth knowledge of technical and fundamental analysis, as all calculations are included in the program. In addition, the advisor is able to handle signal trading even when the trader is absent from the workplace.
Why should you use EAs (Robots)?
1. Robots used methods proven effectively.
2. Robots always follow discipline, not trade on emotions as humans.
3. Robots are not greedy.
4. Robots patiently wait and choose the best opportunities to trade (24/5).
5. Robots always use stop loss and take profit to manage risk.Robots sometimes handle automatically but human can not (eg when market volatiles).
Above are 5 reasons that robots can overcome the disadvantages of traders to bring steady profits.
SONY FOREX Team.
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HIGH RISK WARNING:
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.