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Follow on Google News | Why to Choose Artificial Intelligence Trading Software and RobotsAdvantages of using trading Software and robots for your trading in Forex, Options and Binary Options
By: TradingMatica.Net The main reason why people fail to make money in the financial markets is not due to lack of knowledge or tools, but most of the times is lack of discipline. Until they make money everything is ok and the discipline is not an issue; as they lose the first trades, they get eager to recover the losses, and quite often this "urgency" creates an undisciplined way of trading. The main mistakes coming from undisciplined trading activity are dictated by the envy of accelerating the recovery of the losses: anticipating the entry points, not closing losing operations hoping for a price turnaround, closing winning transactions too early for the fear of another loss when instead there is no exit signal, making operations even if there is no entry signal and most of all increasing the value of the trade against money management principles. What do people need to make money? A good way to stay disciplined is to have a software that generates entry and exit signals (without necessarily being 100% automated in processing even the actual trades) or a robot that decides when to enter into a transaction and when to close it; by having a software or robot that will guide you in avoiding the main mistakes you will (probably) avoid trading in an undisciplined way. Advantages of automated or semi-automated trading 1) No emotions The first advantage and by far the most important is that you will be not emotionally vulnerable, if you follow the software 100%. You will stick to the principles of the trading style embedded in the robot or software code, and you will not vulnerable (or you will be much less vulnerable) to fall into undisciplined trading faults. 2) More trading signals and more trades The software or robot will spot more trading signals than you and, if it is fully automated, it will make more trades than you manually processing the trades. Not only that but the robot can follow more than one pair and/or execute trade in more than one account. Multiple pairs, multiple timeframes and multiple accounts is a normal situation for a trading robot, but almost impossible for a human being. 3) Automated trading If the robot is a 100% hands-off software, it will trade for you anytime you want: whether you are working or having fun, during the day or during the night, the robot will identify and execute trades for you. Visit http://www.tradingmatica.net for Algorithmic trading systems and Artificial Intelligence trading software for Forex, Stocks, Options, Futures and Binary Options End
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