https://robottradingsystem.com When it comes to trading, most people rather want to be right than profitable. They simply refuse to find out what works and what doesn’t work. When it comes to forex trading, you will see that some currency pairs will do well in one year and not so well in other years. Computers are unlike humans. Your PC is totally fine with bits and bytes and you can feed it for hours with that kind of data. I think you would agree that the entry is highly overrated when it comes to profitable systems. What is an equity stop? You could think of a trailing stop on an account basis. Having an automated system has several advantages.


The biggest advantage is the speed. System improvement is always about one thing and that is to get the equity curve as stable as possible. You need to find a way to deal with outages problems and interruptions. There are years where you only make a small profit. Maybe just to cover your trading costs. Bad things can happen and that is why you always see the warning disclaimers on your broker’s website. The trick is to trade something where those losses are not very likely. Imagine you have a system up and running and you are a trend follower. Wouldn’t you like to know how much better your system is? An algorithmic trading system will never do the emotional stuff and that makes it the better trader.


All you have to do to improve your results is to just do the right things. Not talk about it, not understand it or think that you could or should do it. I think that one of the hardest things is to stick to your rules, even if nothing is working as you want it to work. I wanted to find out why some currency pairs work well and others don’t. And I tried to improve the results for the ones with the bad results. Today I don’t do that anymore. There is a way to reduce your risk.


It is called cent account. So what is a cent account? A cent account is something that makes it possible to trade with a lot less real capital. Yes, it takes some time to do all the testing, but I think in the end it is worth every minute. You can trade a trend or you can trade a breakout. Would you think that a $100,000 drawdown is okay, or is it too much? I think that the financial industry makes a lot of money because their clients often have no idea about the risk that is involved. And I think some of them are doing it by purpose.