Why Use A Fully Automated Trading System

Nov 11
07:55

2011

Myka Salarzon

Myka Salarzon

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 The most common benefit of using an automated trading system is the freedom of doing things other than monitoring your trade. This system is used to buy and sell forex currencies in a 24 hour period and give the trader their lives back at the same time. Once the programmed criteria have been reached, Why Use A Fully Automated Trading System Articles the order will be created automatically without needing the supervision of the trader. He can also take advantage of the 24 hour market and never miss on a good trade or miss on a special event either. With the help of system trading, he can trade and be in another place at the same time.

 Another benefit of using this system is taking out the emotions in trading. We all know that emotions can affect our better judgment and it also happens in trading as well. Emotions like fear or doubt can manipulate the trader’s decisions bail out on trade too early causing him to miss an opportunity of a good trade. If emotions are in check, it will be easier for a trader to stick to his trading plan.

 Backtesting is also a great benefit an automated trading system can offer you. With the ability to backtest your trading idea first, you don’t have to take the risk of losing money on a live trade without even making sure that your trading idea will work. Being able to backtest can give the user an opportunity to make the necessary adjustments to improve his system.

 With these benefits in place, there is no wonder why automated trading system is paving its way up to popularity in the trading community. Choosing the best system that suits the needs of the user is the critical part that a user should decide upon. With all the systems out in the market today, one has to be very careful in deciding which system to put his money on.

 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 NinjaTraderas well as on other leading enterprise platforms.

 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.