Familiarity with advisors for forex trading can occur at different stages of development of this market. Someone familiar with them in order to trade automation after learning all the intricacies of forex. But most of the people know of advisers advertisements, which offers a brief description of the forex market and reports on the possibility of earning it by buying and selling currencies.
In this ad says that for a living in the market does not need the study of technical and fundamental analysis, development of its strategy, market surveillance. Just install the advisor who will independently make thousands of dollars.
Trading robots eyed newcomers.
Forex beginners advisers perceived as a kind of program trading on the currency market some incomprehensible that mysteriously increase the money in the account. In addition, as advertising says, the owner advisor should possess any special knowledge, he need to make a number of simple steps to install this program itself.
If you think about all of the above, there is a logical question: why sell adviser, if he really is able to make good profit? Why do a site, sell, make a description, etc., if you can just install this wonderful program and only have time to withdraw money from the account? But in the network is a lot of sites that offer to buy adviser, promising that he would make the buyer happy.
Even if the sales advisor is somehow possible to explain the desire to earn additional income, then what is the point distribution of such programs for free? And on the Internet and found a lot of suggestions.
What actually is a counselor?
Advisors (sometimes also called automated trading system (ATS), or experts) - is a program written for a specific trading terminal (usually - for Metatrader 4) that are trading without human intervention, strictly following a given algorithm.
Most counselors, offered for sale, are designed to work in forex, although there are counselors, for example, commodity or stock markets. Perhaps this is due to the fact that forex trading is done around the clock, at the time, such as a stock market characterized by a more measured trade, and many of the participants, with a trade for a few minutes every day at a certain time, advisors do not use.
Direct appointment of advisors (forex robots) do is to help trade automation that saves one from having to constantly monitor the market, sitting in front of the monitor. Would like to stress once again that adviser is only to help in trade and not to trade instead of a person. After rendering all possible probabilities, making decisions about the aggressiveness of trading advisor is the person's name. And that person analyzes the market and decide whether to run the advisor in a particular moment.
A common misunderstanding buyers advisors.
Many buyers advisers really believe that by installing this software on your computer, they can sleep in peace. First, they carefully choose the robot searching reviews all over the internet, download it (for free or for money), set in the terminal, and then believe that all that is necessary has been done, and now it just sit and wait for receipt of income. After a short time they were suddenly surprised to discover that the adviser had already drained the entire deposit. Their anger is there a limit, but does not do: the deposit is lost forever.
In fact, such a situation - is quite natural. The reason - the fact that the market is constantly subject to change. Experienced traders say the market has its moods. Sometimes it can be a calm and measured, sometimes - antsy and nervous, sometimes it can happen unexpected attacks. Must take into account, in which state it is: trendy, fletovom or rolling.
It is understood that the market - almost like a living organism, and to earn it, you must understand the mood and character. It is quite natural that the counselor is not capable of solving these problems. He just does a certain algorithm, performing the specified actions when the specified conditions.
Of course, using mathematical approaches, we can construct a strategy based on statistics, but in this case it is necessary to bear in mind that you can not create such an advisor who will work anywhere, anytime. On the market from time to time there is a change, and this must be taken into account.
From the above we can draw the following conclusions: First, the person using the trade by advisers to the full knowledge of the strategy inherent in it, and secondly, to learn to identify the types of market and make transactions only at those times when the use of such a strategy is justified . Under these conditions, there is no fundamental difference, who would trade: the user manual or counselor.
A few words about the "black box"
To the majority of the councilors offered on the Internet, you can use the name of the "black box", as contained in these strategy remains a mystery to the user. Consequently, it is impossible to determine what the market requires an adviser, and what exactly the nature of the market will be the best for him, so its use can only be based on speculation.
Do not forget that you can not create a lawyer, who would be equally successful trading in any market situation. For comparison, an example of driving a car: almost anyone can teach it in a couple of months in a driving school. However, this program, which is 100% herself drove the car, so far no one has managed to create. Man of the information is processed as it is received, and on the basis of the data submitted solutions. Same computer can only act in accordance with the originally given program. Even small deviations from the ideal conditions that were laid down in it, can cause failure of the entire system. Therefore, the program advisor is not always possible to write even the obvious.
"Pluses" and "minuses" of advisers
Among the main advantages of advisers are the following:
1) hour daily trading;
2) strict adherence to a given algorithm. Transactions they never skipped;
3) Not being psychological. When the signal should be immediate for its implementation;
4) Immediate response to signals. Immediately after the signal position is set in the right direction desired lot;
5) to make transactions much faster than people (per minute can spend a few trades);
6) The ability to trade at the same time on the set of currency pairs.
The main weaknesses advisors include:
1) The inability to timely stop (can easily drain all deposit);
2) If there is an error in the advisor he can not get out of the market or even to open a lot more items than you need;
3) Advisor can not determine the type of the market, the nature of traffic, and other circumstances, the obvious for a person;
4) Programming amenable to every kind of market analysis. For example, the expert is difficult to provide a graphical analysis, is much easier to "live" to see a triangle or a channel on the chart.
Conclusion.
To sum up, once again note that the advisor is not a wonderful program that can enrich everyone. It is - just an assistant, with their advantages and disadvantages. When used correctly, the advantages of automated trading can increase your earnings or spend less time on the job. But the main thing - it is the right choice of strategy and the realization of what the market is suitable for it, and what - no.
If traders rely on advisers from the series "black box", the deposit drain sooner or later he is almost assured. Adviser to acquire only applied to it full instruction, which must be described strategy, laid the basis for his work, and the type of the market for which it is intended. Well, of course, the instructions shall include information on how to configure and optimize adviser (if necessary).
In this ad says that for a living in the market does not need the study of technical and fundamental analysis, development of its strategy, market surveillance. Just install the advisor who will independently make thousands of dollars.
Trading robots eyed newcomers.
Forex beginners advisers perceived as a kind of program trading on the currency market some incomprehensible that mysteriously increase the money in the account. In addition, as advertising says, the owner advisor should possess any special knowledge, he need to make a number of simple steps to install this program itself.
If you think about all of the above, there is a logical question: why sell adviser, if he really is able to make good profit? Why do a site, sell, make a description, etc., if you can just install this wonderful program and only have time to withdraw money from the account? But in the network is a lot of sites that offer to buy adviser, promising that he would make the buyer happy.
Even if the sales advisor is somehow possible to explain the desire to earn additional income, then what is the point distribution of such programs for free? And on the Internet and found a lot of suggestions.
What actually is a counselor?
Advisors (sometimes also called automated trading system (ATS), or experts) - is a program written for a specific trading terminal (usually - for Metatrader 4) that are trading without human intervention, strictly following a given algorithm.
Most counselors, offered for sale, are designed to work in forex, although there are counselors, for example, commodity or stock markets. Perhaps this is due to the fact that forex trading is done around the clock, at the time, such as a stock market characterized by a more measured trade, and many of the participants, with a trade for a few minutes every day at a certain time, advisors do not use.
Direct appointment of advisors (forex robots) do is to help trade automation that saves one from having to constantly monitor the market, sitting in front of the monitor. Would like to stress once again that adviser is only to help in trade and not to trade instead of a person. After rendering all possible probabilities, making decisions about the aggressiveness of trading advisor is the person's name. And that person analyzes the market and decide whether to run the advisor in a particular moment.
A common misunderstanding buyers advisors.
Many buyers advisers really believe that by installing this software on your computer, they can sleep in peace. First, they carefully choose the robot searching reviews all over the internet, download it (for free or for money), set in the terminal, and then believe that all that is necessary has been done, and now it just sit and wait for receipt of income. After a short time they were suddenly surprised to discover that the adviser had already drained the entire deposit. Their anger is there a limit, but does not do: the deposit is lost forever.
In fact, such a situation - is quite natural. The reason - the fact that the market is constantly subject to change. Experienced traders say the market has its moods. Sometimes it can be a calm and measured, sometimes - antsy and nervous, sometimes it can happen unexpected attacks. Must take into account, in which state it is: trendy, fletovom or rolling.
It is understood that the market - almost like a living organism, and to earn it, you must understand the mood and character. It is quite natural that the counselor is not capable of solving these problems. He just does a certain algorithm, performing the specified actions when the specified conditions.
Of course, using mathematical approaches, we can construct a strategy based on statistics, but in this case it is necessary to bear in mind that you can not create such an advisor who will work anywhere, anytime. On the market from time to time there is a change, and this must be taken into account.
From the above we can draw the following conclusions: First, the person using the trade by advisers to the full knowledge of the strategy inherent in it, and secondly, to learn to identify the types of market and make transactions only at those times when the use of such a strategy is justified . Under these conditions, there is no fundamental difference, who would trade: the user manual or counselor.
A few words about the "black box"
To the majority of the councilors offered on the Internet, you can use the name of the "black box", as contained in these strategy remains a mystery to the user. Consequently, it is impossible to determine what the market requires an adviser, and what exactly the nature of the market will be the best for him, so its use can only be based on speculation.
Do not forget that you can not create a lawyer, who would be equally successful trading in any market situation. For comparison, an example of driving a car: almost anyone can teach it in a couple of months in a driving school. However, this program, which is 100% herself drove the car, so far no one has managed to create. Man of the information is processed as it is received, and on the basis of the data submitted solutions. Same computer can only act in accordance with the originally given program. Even small deviations from the ideal conditions that were laid down in it, can cause failure of the entire system. Therefore, the program advisor is not always possible to write even the obvious.
"Pluses" and "minuses" of advisers
Among the main advantages of advisers are the following:
1) hour daily trading;
2) strict adherence to a given algorithm. Transactions they never skipped;
3) Not being psychological. When the signal should be immediate for its implementation;
4) Immediate response to signals. Immediately after the signal position is set in the right direction desired lot;
5) to make transactions much faster than people (per minute can spend a few trades);
6) The ability to trade at the same time on the set of currency pairs.
The main weaknesses advisors include:
1) The inability to timely stop (can easily drain all deposit);
2) If there is an error in the advisor he can not get out of the market or even to open a lot more items than you need;
3) Advisor can not determine the type of the market, the nature of traffic, and other circumstances, the obvious for a person;
4) Programming amenable to every kind of market analysis. For example, the expert is difficult to provide a graphical analysis, is much easier to "live" to see a triangle or a channel on the chart.
Conclusion.
To sum up, once again note that the advisor is not a wonderful program that can enrich everyone. It is - just an assistant, with their advantages and disadvantages. When used correctly, the advantages of automated trading can increase your earnings or spend less time on the job. But the main thing - it is the right choice of strategy and the realization of what the market is suitable for it, and what - no.
If traders rely on advisers from the series "black box", the deposit drain sooner or later he is almost assured. Adviser to acquire only applied to it full instruction, which must be described strategy, laid the basis for his work, and the type of the market for which it is intended. Well, of course, the instructions shall include information on how to configure and optimize adviser (if necessary).