Ever since automated Forex trading robots first hit the markets there has been much discussion about which one is the best to buy. Why settle for just one? Here are some of the latest tips for putting together a portfolio that will get results.
Even though many experienced traders feel that their own manual trading skills far surpass the capabilities of the automated robot traders, many still use an Expert Advisor to support their trading activities. These Expert Advisors, EA for short, can make trading easier and more profitable when used correctly. But because each is different, serious traders are using more than one at a time. And, not just two, but also often three or more.
When you consider that an EA such as Forex Megadroid or FAP Turbo, two of the best top sellers, actually use different trading strategies, it makes sense to use them both, rather than worry about which one is the best of the best. It is really an attempt to deal with the changing market conditions that typically exist in Forex trading. And, it is the understanding that some robots work best with different parts of the market cycles.
Excellent traders insist that the first thing you should do is to find the Expert Advisor that conforms to your own trading strategy. Do not ever expect that you can set your robot and forget it. Interact with it as if it were a human trader supporting you.
Make sure that you already understand your own trading strategy. Then use your…