My Forex Trading News Online

Tuesday, November 24, 2009

Forex Software Robots Destroy Humans

By Terry Forex

The Forex marketplace has exploded in popularity last years and it came with a question "Who wins between a Forex Software Robot and a human day trader?" and the answer to this age old mystery is it is not even close. Throughout this article I will go through the main reasons why the Forex Software Robots will come out on top every time versus their poor human combatant.

1. The human condition - The problem with us humans is we have a number of characteristics that give the Forex Software Robots a huge edge when it comes to competing on the Forex marketplace. Simple little things like the need to sleep, the need to interact with other humans and the need to eat are the first few that quickly jump to mind. Your Forex Software Robot can run twenty four hours a day seven days a week without having to worry about filling its stomach or getting some face time or the wasteful activity known as sleep.

2. Emotion - Emotion is a very scary thing when it comes to day trading and competing on the Forex marketplace. All of a sudden a couple of successful transactions and you feel like superman and make mistakes that you would normally never make. Then there are the days when everything seems to hit rock bottom so out of desperation you make a few Forex trades to hopefully salvage your day and chances are it is not going to work. The Forex Software Robot does not have any emotions obviously so it can just focus on what is important like the numbers and the trends which in the end pay off much better than a revved up human who is acting from his or her gut.

3. Consistency - Blame it all on ADHD or watching too much Sesame Street when we were kids but the average human has an attention span that is not conducive to competing on the Forex marketplace. The only way to make real money by trading Forex is by being consistent at all times for a day that you are "Off" can cost you dearly. The Forex Software Robots does one thing and it does it very well which is to focus on the numbers to make the same consistent right decisions time after time.

Well I hate to break it to you but the time has come where robots truly rule the planet at least when it comes to the Forex marketplace. Our basic needs cost us dearly when it comes to competing against a Forex Software Robot. Those darn robots are capable of working twenty four hours a day seven days a week without the need for food, sleep, companionship and to top it off they are 100% focused on the task at hand which is making you money. Someone throw in the towel for the battle of Forex Software Robots versus humans is not a fight but a butt kicking. - 23314

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