| Forex day trading robots seek to scalp small profits | | | | all sold with simulated back tested track records and |
| and do it regularly, so you can build a big income over | | | | have never made any real money in the market. |
| time with low risk. Let's look at the challenge of Forex | | | | Day trading is a good story and vendors cash in on it |
| day trading, the rewards and how a forex robot can | | | | but in the real world it doesn't work so its not the route |
| help you... | | | | to a regular income it's a route to ruin so don't even |
| The challenge of Forex day trading is simple. | | | | think about forex scalping or day trading. |
| You have to work out what millions of traders are | | | | If you want to win you need to learn to trade longer |
| going to do in hours or minutes as a mass group. You | | | | time frames where you can get the odds on your side. |
| need to understand they all have different aims, skills | | | | The best way to make big profits is to follow long |
| and trading systems and you need to be able to | | | | term trends and any Forex chart will show you trends |
| predict what they do in a very shirt time span. | | | | that last for many weeks, months or years and locking |
| It certainly is a challenge and its one you can't win! It's | | | | into them and holding them is the way to make money. |
| ridiculous even to try and day traders always lose | | | | If you long term trend follow not only do you have the |
| because of this simple fact - ALL Volatility in short | | | | odds on your side, you will spend less time trading and |
| term time frames is random. This means you can't use | | | | make more money. |
| support and resistance levels as there not valid and | | | | So leave day trading to the losers and get a good |
| that means losses. | | | | Forex education and trade the longer term big trends |
| You see lots of day trading robots for sale but there | | | | and enjoy Forex trading success. |