View Single Post
  #50  
Old 29-04-2013, 02:58
MDunleavy's Avatar
MDunleavy MDunleavy is offline
Level IV Lasers Member
 
Join Date: Aug 2009
Posts: 348
Default Re: Fractal divergence guide

2013~Apr~29

• _http://www.scribd.com/doc/137470390/Manual-Forex-Trading-vs-Automated-Forex-Trading-%E2%80%93-What-is-Better
• _https://docs.google.com/file/d/0BxxKzvQ2GlM8NDF0MGNIZDJyUUk/edit?usp=sharing
• _http://img213.imageshack.us/img213/2120/2013apr26.pdf




Manual Forex Trading vs. Automated Forex Trading – What is Better? Forex robots have, and have always had, both fervent supporters and opponents. People, who argue againstusing Forex robots, bring forward the following argument: only a human being can make the right decisionbasing on his accumulated experience and acquired knowledge. At the same time, supporters of manual tradingclaim that you should have a clear trading plan, a clear market entry strategy, stop-loss and take-profitplacement rules and a market exit strategy. In my opinion, these two statements contradict each other. If a trader should be guided by his intuition and emotions at making decisions, he doesn’t need any rules. On theother hand, if a trader follows strict rules and can formalize his strategy, I think it would be a reasonable decision to automate this strategy. I’m familiar with many supporters of manual trading, who use scripts andexpert advisors, simplifying their task. I.e., generally speaking , they’re midway to complete automation – a Forex robot...

Expert Advisor MT Indicator Forex Software MQL4 Coding
Reply With Quote