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Tuesday, January 26, 2010

Forex Robot Versus The Human Trader

By Terry Rusty

The battle has begun on the Forex trading marketplace and in one corner we have the Forex Software Robot and in the other corner is the human 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 - So what makes us unique as humans is a massive default in the Forex marketplace for a Forex Robot can work for every single that the market is open and us poor humans need things like sleep, food and fun to operate at our best. The Forex Robot does not have a bad day or suffer from brain farts or any other reason which would cause it to perform below par.

Emotion - Emotion is a very scary thing when it comes to day trading and competing on the Forex marketplace. All of a sudden a couple of successful transactions and you feel like superman and make mistakes that you would normally never make. Then there are the days when everything seems to hit rock bottom so out of desperation you make a few Forex trades to hopefully salvage your day and chances are it is not going to work. The Forex Software Robot does not have any emotions obviously so it can just focus on what is important like the numbers and the trends which in the end pay off much better than a revved up human who is acting from his or her gut.

Consistency - The person who is going to be successful on the Forex marketplace is the one who consistently makes the right decisions and choices. If you are capable of focusing on the Forex marketplace twenty four seven than you will be alright but needless to say this is impossible. Thoughts such as how am I going to pay the electric bill or what the heck am I going to make for dinner or why do the Dallas Cowboys seem to take pleasure from sucking will kill any sort of consistency that you may have. Again the Forex Software Robot are designed to do one thing and that is make constant good decisions that will make you money in the Forex marketplace.

Once upon a time the world was terrified that the robots would rise up and take over the planet and within the Forex trading community that is what happens. The Forex Robot has showed up and it is putting the human day traders to shame with consistent profits and the ability to continue to work for the entire time the marketplace is open. This was not a boxing match this was a eight second Mike Tyson knock out in the very first round. - 23223

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