The Forex Humanoid robot is a scalper, an intraday trader and a long term trader. It was designed to take advantage of the best of each group and minimize the weakness of each kind.
 |
Scalpers are great EAs because they "steal" profits from the market, they move "in and out" of trades fast enough to not even be noticed! BUT... On the other hand, they have too much risk and money management issues; that makes them too risky to trust with REAL money.
Example, 10 pips profit VS. 300 pips stop loss!!!
Intraday traders are also great EAs mainly because they "play by the rules". Brokers love them and traders trust them. But most – if not all – of them fail.
Why? Because most of them are based on manual trading systems – turned into auto trading software – and that simply doesn’t work. Manual systems relay on personal – human – judgment, as much as relaying on indicators and numbers!
Long term traders? Well, if you are trading for firms or banks... you may like those! But if you are a regular trader, like us and most traders out there, you will not even be able to use this kind of trading robots!
Why ? For too many reasons. Example : 5000 pips stop loss VS 10000 pips target, daily chart, 3 or 4 trades per year. Do I need to say more? On the other hand, they are very stable because they use complicated strategies and avoid trading with lower time frames that would cause instable results. So you now might be wondering...
What makes Forex Humanoid so special?
0 comments:
Post a Comment