Automated Forex

Forex robots are programs or automated systems that have been designed by experts in the trade in the Foreign Exchange Market, better known as Forex.

Forex Robots have complex algorithms that allow them to make accurate mathematical calculations of the information obtained from the actual data from the Forex market. Forex Robots are able to analyze millions of data in less than a second. Mathematical calculations that these programs perform, trading signals are generated and these signals depend on the decisions to execute orders or out of the trade. So "experts" these automated forex systems can be very beneficial, not only for those who are starting in this trade, ie novice or beginners but also for intermediates and experts.

The Forex or foreign exchange market is the largest financial market and liquidity in the world, with a volume of exchange transactions of USD 3 trillion every day, ie more than the main stock markets together. This is the main reason why it is very attractive to many traders and they like to participate in.

The Forex is also one of the fastest ways to profit, so in addition to natural persons also banks, private companies and other institutions are also involved in this market. The main feature of this market especially for those who want to make money on, is that the Forex is the financial market of greater size and liquidity, so it is "virtually impossible" that is controlled by a person, institution or government.

To trade currencies on the Forex, you need to have a good training and education. You can learn by reading books Forex is the easiest way, there are also many professional courses available. You can also learn a lot of Forex robots or automated systems. This is true, automated trading programs are tools that support it and make trading easier for you and are also very useful to learn.

The Forex is a highly volatile market, the prices of currency pairs can be changed in seconds, so you

can say that it is unpredictable. Often compared to a game of chance. For this they play an important role in negotiating emotions. If you can not control your emotions and fears, you are not prepared for this market. "If you think you can, you can."

People who have difficulty managing their emotions can take advantage using Forex robots or automated systems.

Please note that Forex robots or automated trading systems can make you earn a lot of money, but can also lose money with them, should be aware that, especially if you let these systems work alone, unsupervised.

However we must also be careful with fraud, as many companies that market these robots are fraudulent.

The Expert Advisor, although profitable, must be properly configured and optimized according to the new market conditions. A novice Forex is simply not able to do so without enough experience.

Proper adjustment of the input parameters depending on the currency pair, time frame and conditions under which you are operating are very important. A Forex Expert Advisor (robot) should be able to run 100% by market. Apply it to different pairs will also require a new setting of the parameters, but will lead to higher profits.

The novice trader always looks more attractive set the Forex robot to operate all existing currency pairs on the platform, but this means that when you are trading many pairs, more optimization and adjustment will be necessary. And Forex newbies are not usually able to follow many currency pairs at a time. Experts recommend focusing on one or maximum two currency pairs at a time to gain a better understanding of how Forex trading works.

If you really decide to start your automated Forex trading - with the robot free or paid - would be better to try it first on a demo trading account. With a demo account is not real money is lost, but you can see how your Forex robot works. Although the execution of operations may vary with the actual accounts of your broker, the demo trading will give some basic tips on this topic.