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Thursday, January 21, 2010

Forex Robot Versus The Human Trader

By Terry Rusty

The Forex marketplace is always full of trading action and now everyone wants to know "Who wins the battle of the Forex Software Robot versus the human trader?" and the result is a true beat down. The Forex Robot has built in features that destroy the human trader in so many different area and throughout this article you will see how much of a royal butt kicking this trading battle has been.

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 - Without consistency there is no real success in Forex trading for this is what separates the players from everyone else. If you are able to string together a number of winners than you may be the next millionaire of Forex trading if you are able to focus completely about what you are doing. A brief brain fart or a wandering thought can cost you money in Forex trading so every single trade needs to be a good trade or else you may be in trouble. The Forex Robot does the same thing day after day and trade after trade with a consistency level that can not be touched by any human day trader.

Remember when people talked about the rise of the robots and how some day we would be governed by a set of robots built to such high standards that us humans could not compete and would end up serving them? 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 Forex Robot and the human day trader it took longer to announce the combatants. - 23204

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