Automated Forex Trading System

nospam@example.com (Ryan Lee) — Tue, 03 Feb 2009 08:57:32 -0600

What is an Automated Forex System?

An automated forex system - Expert Advisor (EA) is a mechanical trading system designed to automate forex trading.

Metatrader 4 platform "Expert Advisor" can trade your account automatically, i.e. sending "buy" and "sell" orders directly to your broker’s server, while automatically adjusting stop loss, trailing stops and take profit levels.

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Fixed Money Management Strategy

nospam@example.com (Ryan Lee) — Sun, 25 May 2008 09:31:16 -0500

This article deals with one of the most important aspects of trading - money management.

Although there are plenty of trading systems and trading strategies with good win/loss ratio, proper money management can change the outcome of the net profit amount for any trading system.

Essentially, money management strategy is a statistical tool to control the risk exposure and profit potential when we enter into a trade; and by applying it, we can control our emotions and lack of plan (the main reason why most of traders lose their money).

The importance of determine a stop-loss

C.O.N.T.R.O.L... When a trader lose control the results are often disastrous. Many traders often enter the market with a profit target, but without a clearly defined protective stop-loss.

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Ryan Lee - Forex Trading Education

Automated Forex Trading System

What is an Automated Forex System?

Fixed Money Management Strategy