Do you know what was one of the qualities Julius Caesar is famous for? Yes, that’s an easy question. He was the multitask person, and could do three things at one time. That’s the record for the person’s attention, and it’s quite unbeatable.
If I ask you a question, it would be – can you do three things at one time? And… The next one. Do you think it’s enough for trading Forex successfully? I guess, the answer is obvious, isn’t it?
Things really change with Metatrader Expert Advisors. If you think you can do everything for a good trade, let us take a look to an example.
Example: Can you watch multiple indicators at the same time on multiple timeframes, monitor volume, correlation data, news, metal and indicis and 24 hours a day and make a trading decision within milliseconds?
Well, I don’t want to disappoint you, but you can’t. I also can’t. No human trader can.
So what 90% from all traders do is that they simplify their trading strategy. Instant of a large number of data and technical analysis they look only to news and use 1-3 technical indicator on one time frame to find trading opportunities and guess what, they fail.
As you know now what 90% from all currency traders do, let us have a look what the other 10% are doing.
Let Machines Work for You
For the successful trades – I mean, really successful, for the way that leads to be financial independents, you should be a non-sleeping non-emotional and money-oriented trading machine. No human can. Well… No one, but Metatrader Expert Advisors. Created by the best Forex traders, Metatrader Expert Advisors are for those who want to archive five or even six figure profits on a monthly base and admit that they’re just people. Let machines work for you!
Risk and Money Management
Risk and money management are another integral part of Forex trading. When you risk too much you can face large draw downs or in the worst case, get a margin call. When you want to handle risk and money management manual you should calculate the risk vs. reward ratio, risk in percentage from the equity, transaction costs, swap costs and last but not least the win probability. The problem, when done manual or with an excel sheet the price already changed until you are ready with your calculation, and you can start from the beginning. The advantage from professional Metatrader Expert Advisors is that risk and money management is built in.
Let’s take a look to the risk and money management modules from the Metatrader Expert Advisor EA Shark. Every time before the system enters a new position it calculates the win probability, optimum lot size, risk in percentage, execution costs, expected swap costs and of course risk vs. reward ratio. Required time? I would say 0.1 seconds.
As you see risk and money management can be difficult to handle when done the old school way. That’s why 90% from all traders simplify it and fail.
No Emotion
Greed, fear of loss and other emotions can affect decisions from traders and in fact they do. Do you know the most famous thoughts from currency traders before they crashed their account? Here they are:
- “I will remove the stop loss, the price will come back for sure”
- “This time it will work out for sure”
Advantage from Metatrader Expert Advisors is that software don’t have any emotions. Systems offered from us follow the programmed logic.
Hands Free Trading
Did you ever wish to trade this way? Well, that’s what you have with Metatrader Expert Advisors! If you’re young mother, student or just the person who’s busy with other things but trading, you can always handle with your things while Metatrader EA is trading for you. Really, this seems like a dream, but it is reality. Metatrader Expert Advisors provide you a great freedom you never can reach when you trade manual. You set it up and it trades fully automated. That’s cool, right? What is even cooler is that all our systems come with built in trade notification, which means you are always up to date what is going on and how much profit you just made.
So what we have now? With professional Metatrader Expert Advisors Forex trading become much easier and less risky. However, if you prefer to trade manual you should make sure you use awinning Forex trading strategy like ProFx with clear trading rules.
What is Your Choice?
- The EA Shark, an auto adaptive and 100% automated system
- The EA Sigma, a 100% automated system with high win rate
- ProFx, a semi-automated system with clear trading rules and entry alerts (Audio, Email and SMS)
