Advantages in Using A Fully Automated Trading System

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 Mechanical trading or automated trading executes orders automatically. This minimizes the emotions in trading, emotions that can sometimes cause problems for the trader. If a trader let’s his emotions affect his trades, he can either miss out a chance to gain more profit by selling to early  or lose more because he waited too long before exiting. Fear and greed can hinder one’s success in trading. With automated trading, the system will automatically generate an order or create a stop-loss once the programmed criteria have been met. This can happen within a matter of seconds hence not giving the user time to even doubt his trade. If the user’s emotions are in check, it will be easier for him to stick to his trading plan and achieve consistency in his trades.

 Another thing that automated trading system users can take advantage of is the opportunity to backtest first before going to a live trade. This can minimize the risk of losing money and will give the user a chance to make adjustments to his trading idea that will be suiting for his needs. System trading can reduce the stress in the trading process at the same time give the opportunity to the user to optimize his trading performance.

 In choosing an automated trading system, one must consider a system that has been tested thoroughly with good feedbacks from leading experts. The performance of the system must be worthy of the amount that you will pay for it. Flexibility and the ability to be user friendly must also be taken in consideration in choosing the best system for you.

 TrendBiter is an automatic self-contained trading system which frees the user from decision-making. 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.  This system is available for immediate release on NinjaTrader  as well as on other leading enterprise platforms. It  is designed for patient investors whose investment horizon is at least one year making it a  great solution for investors who want to trade the Forex market  but avoid the daily grind of chasing down PIPS.

 Visit our website today for more information on the  advantages  of a fully automated trading system.