Forex Auto Trading Systems

I have come to the decision this week, to turn off both EA's on my live account for the foreseeable future, until the drawdown on the account is reduced. The Robominer II EA on the AUDNZD chart has already been disabled for a week. The reason for this is not so much a lack of confidence ...

I commenced live trading this week and Robominer has already closed 3 profitable trades, for a total of $7.02 which extrapolated over a year equates to about 35% per annum. Not bad considering that I set a 115 pip trailing stop on one of the trades and it closed with only $0.65 profit. Ah, the ...

On November 9 I began testing on a new EA brought out by Don Steinitz of www.forexrobottrader.com. It is the No Loss Robot and can be found at www.forexrobotnoloss.com. This robot (the name says it all) uses a no-loss strategy similar in some ways to the Robominer. In fact, the no-loss strategy is about all ...

Why Aren't More People Forex Auto Trading? Over the last 5 ½ months since I started paper trading with Forex Goldmine's Robominer, I have experimented with settings and have now, I believe arrived at an optimum setup for realistic returns from this forex robot, or expert advisor program as it is correctly called. Overall, the ROI ...

There are various ways in which forex traders may raise money to get together their first deposit for trading. Borrowing money from a credit card, dipping into savings or selling items on eBay are a few that come to mind. For those who are attuned to the possbilities of internet marketing, an obvious way is to ...

One of the interesting things about forex trading is how much you learn about human psychology. In the last few months since I started paper trading forex with Metatrader, first by myself then with an expert advisor, I have learned a lot about the way I think and react to my successes and failures in ...

If there is one thing I have learned in the last 4 months while paper trading the Forex Goldmine EA, it is that the more I try to hurry it along by investing larger amounts, the more counterproductive that is to my long term profit targets. That's what I mean by "less is more" - ...

There is no doubt that forex trading is a risky venture whether you trade by your own skills or use a Forex Robot. But there are ways to manage that risk, and the key method is by minimizing the amount being risked on any individual trade. I have only been trading for a few months and ...