Using Automated Trading to Maximize Your Forex Profit

Nov 11
07:55

2011

Myka Salarzon

Myka Salarzon

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It has been said that forex trading has a huge potential in profit making. Knowing when to start your trade and knowing to stop to minimize your loss is something every trader should have. You should know when to take a step back and take a pause,Using Automated Trading to Maximize Your Forex Profit Articles and when to start to trade again. But how can you do this with a 24 hour market like the forex market? You can sit in front of your computer the whole day if you want, but you can’t be sure that you’re not missing a good trade once you go to bed, or do some errands. Monitoring the market manually can also add stress to your everyday life.

 This is where a fully automated trading system comes in. Using a fully automated system can be beneficial to a trader. Automated systems take out the stress in trading. The stress of  continuously monitoring the market in front of your computer for numerous hours, stress of having mixed emotions affect the trade you want to make, and the stress of knowing that you might miss on a good trade once you take your eyes of your computer. Using a fully automated system can make you trade with confidence. The user can make sure that his trades won’t be influenced by emotions hence he won’t have time to doubt or second guess his trade.

 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 can be used like the “plug and play” concept.

 This system 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 with the help of a fully automated system without having to become an MQL or JForex programmer. TrendBiter seeks excellent opportunities but typically finds relatively few trades every year (about 10 per pair). Reducing your trading volume can provide leverage by having one good trade per day. Less trading also means less exposure hence less risk for the trader.

 Take advantage of what a 24 hour forex market can offer you.  Know more about how to  benefit from a fully automated system right now.