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Thursday, January 7, 2010

Forex Software 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 - Any successful day trader will tell you that emotion does not belong any where near the Forex trading marketplace and for us humans at times keeping our emotions at check is a struggle. From getting the adrenaline flowing due to a few great trades to anxiety showing up when the opposite happens. The Forex Robot is a piece of software and has no idea what emotion is for its only drive is to consistently make money

Consistency - To be successful in Forex trading there needs to be a great deal of consistency in order to truly make real money. 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 Forex Robot once it is turned on will continue to make the same sound trading decision until you turn it off.

All of the people on the edge of society have been telling us for years that one day robots are going to run the planet and when it comes to the Forex marketplace they are probably right. Us poor humans are great at a lot of things but when you throw in a five second attention span, emotions that screw everything up and the desire to eat and sleep in the end the Forex Software Robots are going to keep on winning and keep pulling in consistent profits. It is time to throw in the towel. - 23167

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