I have read about some debates going on about forex manual trading vs robot trading. Yes each way has it’s own good and bad.
Most traders prefer to manually trade while using expert advisors as a support to give them the entry and exit signals. But most will argue that with a robot trader, it is as much the same as a manual trader with the plus point that it will not hesitate to take the trade.
I believe robot trading will far outweigh manual trading by a mile. Simply because manual traders has a lot of emotion riding on the trade, critically thinking and over analyzing the charts.
To be a successful trader one must have discipline and focus. And how many people do you know has it. Correct… only successful traders that we know are discipline, focus and might I even add dedicated.
- Image by JFabra via Flickr
Most of us are greedy which throws a spanner into our personal focus and dedication. Don’t have to add discipline, greed already is an opposite trait to discipline.
So why can’t we use robot to help us execute our trade. It is program to be focus base on the rules and guidelines we set. It is focus and dedicated as long as your internet connection does not screw up on you. And… also it is dedicated as long as you don’t mess around with the programming in the first place.
Robot trading is great, it gives one the free time to do other things and not just sit around with cups of coffee and cigarettes in god forsaken hours to just find the right opportunity. It give you the opportunity to blog…
or even time to affiliate oneself with all the forex trading systems around.
I believe all manual traders would love to have the idea of a robot trading their strategy for them. And that’s just it isn’t it? In order to have a robot to trade your strategy, many hours are needed to firstly, the programming part of the robot.
Unless a manual trader knows programming, he or she would hesitate to get a programmer to write and test their strategy. It would mean disclosing their strategy or system and this in turn might find itself into the hands of internet users who looks for freebies forex strategy on the internet.
But I must say, only a few manual trader dares to journey into this idea. Frankly speaking the above paranoia is all bull, because there are just so many, and I really mean so many forex trading system and strategy that is floating around free on the internet. And one can only follow so closely to a few strategy at a time.
Sure one guy can be lucky enough to take one strategy, improve on it and then sell it as it’s own and make money out of it… But still, isn’t that one of the small possibility that, that could happen. If we don’t then we manual traders will of course have to continue to trade manually.
Oh man… I am just ranting with no points to this post….
Ok so what is the point?
Well this post is not much of wanting to point out anything rather a written justification to my thoughts and action. I have a system which I have tested it over the past few days now. From my interbank statement in my performance page, you can actually see some odd trades which I took manually.
It seems to be profitable, but all it took was one mistake entry to derail my ‘wonderful’ strategy. It’s simple enough and I was thinking about converting it into an EA and trade manually for me.
Maybe programming is something I should get myself involve with. Hey, I manage to reprogram/rewrite most php and html files, why can’t I program an EA?
I have learned C++ in my college (which was like 15 years ago) I believe the language is still valid. So why can’t I?
Probably the learning curve or rather the relearning curve that got me put off. Yeah… maybe I should learn to write an EA and then post it out free. My contibution to the EA community and also to my learning.
Talk is cheap they say… The question is when am I going to act on this??








