Automated Trading Systems: Why Should I Use This

Nov 11
07:55

2011

Myka Salarzon

Myka Salarzon

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 Should I trade or not,Automated Trading Systems: Why Should I Use This Articles is this the right currency pairs? Using a system trading can give the user freedom from decision making. Since orders are generated automatically once the criteria have been reached, the user won’t have to decide whether or not he would want the trade or not. Having a fully automated system takes out the emotions that can affect the trade like greed or doubt. Making it easier for the user to stick to his trading plan and have consistency and confidence in his trade.  Using mechanical trading can also put the user’s emotions in check. Instead of worrying about the trade, the user can focus more on getting intimate with the market. Gaining more knowledge about the forex market can make the trader more confident in his trading.

 Finding the right opportunity is also important in having a successful trading career. The forex market is a 24 hour market hence there are times that the traders might miss some opportunities. Time difference from other countries can affect his trading. No one can sit in front of his computer or laptop to monitor the market for 24 hours. With the use of a fully automated trading, the user can take advantage of the 24 hour market and once an opportunity or a good trade presents itself, the system will automatically generate an order once your criteria have been met. These are only some of the things a good automated trading system can give you. The most important part is choosing the best automated trading system that will work 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. This system is easy to install and 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.

 TrendBiter’s goal is to help the user save time, reduce stress and optimize your trading performance. For more information on how to fully benefit from an automated trading system, just click here.