One of the big fads hitting the Forex industry right now is pure price action trading. It amazes me that after all the advances secret forex trading strategies in technical analysis, charting software and trading indicators over the years, Forex traders are going back to trading with price action alone. Clearly, this drastic step backwards has been triggered by an increasing frustration with manual trading in general, but it doesn’t have to be this way. By the end of this article, you’ll understand how you can harness the winning forex hidden secret advantage of automatic Forex trading systems to earn a Forex trading income.
Automatic Forex Trading Systems – Forex’s Best Kept Secret
The big problem risk reward trading strategy with manual trading is that it’s so subjective, and there’s so much room for errors in judgement and emotional decision making. It’s a well known fact that the human mind is limited to process only 7 bits of information at any given moment, which is why Forex traders get overwhelmed by the sheer amount of information forex trading secrets book that’s being spit out of their charting program by the second. Trading is a highly stressful activity as well, and when you consider that most Forex traders hold down full time jobs as well, prolonged trading exposure can be exhausting. All these emotional and mental factors can combine together to severely impact trading performance, leading to losses and further emotional damage.
With automatic Forex trading systems, there is a separation of emotions from the decision making process of trading, because everything risk reward trading strategy is pre-programmed and will be executed without emotional interference. This works to protect the “edge” or winning advantage of the system from poor judgement and emotional failings of the trader. Additionally, once a winning advantage is established in high win rate trading strategies a system, it will replicate that success 100% because that is what it is designed to do. That’s the beauty of automatic Forex trading systems: you get consistency of profits, and you don’t even have to be present to trade it at all. That means that you are free to continue with your daily routine as normal, except that now you have a system trading for you on autopilot to bring you a nice, healthy Forex trading income.
Clearly, manual 3 to 1 risk reward ratio trading is not for most people, because it’s extremely difficult to master. Instead of banging your head against the wall like the other 95% of people out there, why not tap into the power of automatic Forex trading systems? You’ll be able to build a healthy Forex trading income, and enjoy your life at the same time!