Everybody and their brother are looking for automated forex robots to do their trading. They are looking at every website that offers these robots as their last hopes of making money trading forex. I empathize with you. I used to be like that. I actually (like many other) studied programming so I could build my very own automated forex robot.
Then it actually dawned on me what I'm doing wrong. I'm looking at too many gimmicks. Did some of the most well known traders in the world really use these kind of shortcuts to learn how to trade? I doubt it.
Forex markets (actually all markets) speak in the same language. That language is price action.
If you are putting some trading robot to do all the work for you, or some out of this world indicator which is going to tell you exactly when to buy or sell, then you are missing the point.
Let's say you wanted to live in France for a year. Wouldn't you take the time to learn how to speak French? I suppose you could find a few people there that spoke some English, but wouldn't you enjoy your stay a lot better if you actually spoke the language.
Trading forex is no different. You'll never be able to speak the language of price action, if you want to take the shortcut of using of using automated robots. Once you truly learn the language of price action, you'll be able to spot price patterns in your sleep, because you'll be fluent in it.
| Jim Buhs has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex successfully was on a plain chart with no indicators, his profits soared. Also, make sure to check out my unbiased forex robot reviews at LearnForexDirectory.com |
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