THE GOLDEN RULES OF PROFITABLE AND AUTOMATED TRADING

Hello, this is an – automated – message for you!

The reason why I have automated all this stuff? I have a lot of customer requests that come in via email – so if you have a request, just send me an email- and preparing, recording and editing a 5 minute video takes about one to one and a half hour.

We all have just 24 hours each day, and if you want to keep your family and your lifestyle, you need to decide what to do with that time!

I want to keep my family and I need to eat, sleep, work and spend time with family and friends.

A decision always means that we need to let something go to do something else. For example if I decide to keep a safe and secure job in a company, I decide to leave my family to go to work every day.

I decide to accept the traffic jam on my commute and I decide to somehow get along with colleagues I maybe would not like to see in my spare time.

I also decide to take the risk of being fired for reasons I can’t influence, for example if the company is going bankrupt due to false decisions of the owner.

Some decisions might turn out to be a bad idea, for example if you are stressed out from a job you don’t like, that might harm your relationship.

But the decision to automate trading is something that brings a lot of improvements.

You probably also need to eat, sleep, work and spend time with your family and friends.

If you are glued to your trading screen, you can’t do all that.

You also know, that computers can calculate numbers much faster than humans. It might take you 4 or 5 seconds to calculate a multiplication for something like 856 *17.

Try that and find out if you can beat your $2 calculator.

Probably you have already experienced that you have opened a trade one day and the next day you might have asked yourself what was wrong with your eyes.

Computers don’t have these kinds of problems.

They don’t get tired.

They can watch two dozen Forex charts, 24/7, without getting tired, bored or frustrated.

They won’t do revenge trades and they know each price for each and every candle on those charts.

They can calculate complicated algorithms in split seconds.

Every day you read news about artificial intelligence and big data systems taking over the world.

Automated cars, Facebook bots, search engines that still show you ads for the stuff that you have seen on Amazon two weeks ago.

You already know that this is true and you already use computers to view a chart that is drawn based on computer generated data – to make a gut decision and be fooled by your eyes and emotions (more often than not).

And you already know, that you want to benefit from that kind of technology, otherwise you wouldn’t be interested in automated trading.

In the next few issues of this list we will go through the golden rules of automated trading