Fully Automated Forex Trading

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A lot of people nowadays are getting interested in venturing into forex trading. With it being a 24 hour market, there are a lot of opportunities that can be found by these traders.

Being able to monitor the market 24 hours a day will allow the trader not miss any good trade that might happen anytime. Manual trading can make that quite hard to happen since you have to be in front of your computer the whole time to monitor the market. This is where automated trading comes into place. Sitting in front of the computer for 4 to 6 hours each day is stressful more so 24 hours. Humans can only do so much and automated systems can do the things most humans can’t do. Once the criteria or parameters are reached, the automated system will automatically generate the orders regardless of the time or if the there’s any human interaction. Letting the system work the whole time can assure the trader that he’s fully taking advantage of the round the clock market. Another advantage in using automated trading systems is that the user’s emotions won’t manipulate his decisions. Although emotions are only natural, certain emotions can sometimes be downfall of the trader. Staying in too long because of greed or exiting too early because of fear can make or break the trade. With system trading, emotions are in check and sticking to the trading plan will be easier for the trader. With these advantages, no wonder why automated trading is getting popular amongst trader. One should choose the best system that can suit his needs and will be worthy of the money he’s going to pay for it.

One of the automated trading systems in the market today is Trendbiter. It uses a proprietary MTSD (Medium Trend Strength Discovery) indicator developed by Dr. Trent Soyuz that takes small “bites” of profit out of trends in the medium range with an exceptionally high accuracy rate for all the major currency pairs. TrendBiter is a great solution for patient investors who want to trade the Forex market but avoid the daily grind of chasing down PIPS with the help of a fully automated system without having to become an MQL or JForex programmer. TrendBiter seeks excellent opportunities but typically finds relatively few trades every year (about 10 per pair). It is thus designed for patient investors whose investment horizon is at least one year.

For more information about the benefits in using a fully automated trading system, visit our website today.