Why Use an Automated Trading System

Nov 11
07:55

2011

Myka Salarzon

Myka Salarzon

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Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} An automated trading system can prove to be helpful to a lot of people. The system can generate orders faster than humans which work best with the volatile markets. The system can generate orders or stop loss in response to the changing markets within seconds. Traders can earn money in a matter of minutes with minimum effort and minimize losses.

 The forex market is a 24 hour market. You’ll never know how many good trades will you miss once you stand up to eat or sleep. Good thing about system trading is that it doesn’t stop working for you after you decided to leave your computer. You can take advantage of the forex market and have the opportunity to earn even while you’re sleeping. With system trading,Why Use an Automated Trading System Articles you won’t have to worry about missing a good trade again. Another good thing about automated trading is that you won’t be tied up in front of your computer again. You can do other important things and spend time with your family while trading at the same time. You can have your life back and earn forex profits at the same time.

 

System trading also takes out the emotions in trading. Another thing that can have an impact in one’s trading process is his emotions. Some mistakes can be made because the user either had doubts with the trade or fear that he won’t be able to compensate for his losses. These emotions can trigger the trader to either walk out of the trade too early or stay in for too long. Since system trading is automatic, once the criteria have been made, orders will be executed without giving the trader time to even doubt the trade and change his mind. This can provide the user results that are more accurate and have minimal risks. If emotions are in check, it will be easier for the trader to stick to his trading plan. With these benefits in tow, it is no surprise why automated system trading has been quite popular for both old and new traders alike. All of these benefits can also be found in TrendBiter.

 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.

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.