Understanding how to profit from the markets can be a difficult and lengthy process, this is why only a small percentage actually make it in this game.
I have created my own software to trade for me as I needed a few things that I was battling to get past on my own:
- Trading psychology – it was just too hard to open another trade with a positive view after a losing streak. The software doesn’t have any emotions so there is no room for human error
- Know how – take the guess work out of trading and let the bot open the trades for you when an opportunity presents itself
- Time – we all have families, jobs and social lives. There is no need for you to stick around more than 5 minutes a day as that is all that will be required from you to trade. After all isn’t it time and money that you need to live the life that you want?
- Trades opened when the opportunity is there
- Set take profit
- Set stop loss
- Fixed lot size or activate money management intelligence to automatically select your lot size based on your account size
- Reversal trades taken if the market turns
- Fully adjustable settings parameters (change with market conditions unlike other softwares that then becomes obsolete if they can’t be adjusted to suit new market conditions)