Jan 25 2010
There is a war brewing in the Forex trading marketplace and in one corner we have the automated Forex software and in the other is the human day trader. From the very beginning of this contest it looks like the human trader is in deep trouble and does not belong in the ring with the Forex Robot. Throughout this article I will show you why the Forex Software Robot is dominating every battle and winning the war in the Forex trading marketplace.
The Human Condition - At the start of the fight the human day trader is at a complete disadvantage against the automated Forex software due to the human condition Humans need to eat and sleep just to operate and while we are completing these daily tasks the
Forex robots continues to operate and only stops when the Forex marketplace closes.
Emotion - Emotion and the Forex trading marketplace do not belong in the same sentence for when it happens chances are someone is losing money. A quick surge of adrenaline or a blanket of anxiety are two of the worst things that can happen to a day trader for they stop thinking with their brain which is an expensive lesson. The Forex Robot on the other hand does not have to worry about emotions heck a
Forex software does not even know what worry is.
Consistency - Consistency is a huge deal when it comes to trading currency and will make the difference between a rich trader and a poor one. Making the right trading decisions time after time is what separates the great traders from the guys who use to trade. With the Forex marketplace being open for six days a week and twenty four hours a day a human may be able to perform at his peak a few hours per day where as the
automated Forex trading once it is turned on will continue to make the same sound trading decision until you turn it off.
The rise of the robots has been a favorite topic of the science fiction community and for the most part we all shrugged away their concerns about robots dominating our society. Well that day is today and at least on the Forex trading floor robots are here and they are not going away anytime soon. In the fight between the automated Forex software and the human day trader it took longer to announce the combatants.
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