Forex advisers:
Many of those who are just starting their way on the international forex market try to consider options for automated trading with the help of advisers. Good or bad, let's try to make out this question in this article.
There are two reasons why a novice trader wants to find a profitable trading adviser. First reason: there is no knowledge in the field of trading in the international Forex market. Those. a novice does not want to learn, it is easier for him to find a profitable robot (adviser) that would make profitable transactions for him automatically. The second reason: it is not a time quiz. Usually, if a trader does not have time, but he already has trading experience, he orders an adviser for his trading system and makes a profit. But as a rule, traders do not lay out and do not sell their advisers.
It is worth noting immediately that almost all (99%) forex advisers that are freely available on the network are unprofitable. Unfortunately, this fact is true. I have been trying to find a profitable robot on the Internet for a very long time, but alas - 6 months of searching and testing did not show me effective results. I met on the way advisers, who were able to hold out for about 4-6 months, but with a sharp change in the price volatility, the mechanism failed and I suffered losses.
I made a conclusion for myself. If you are a beginner and you want to start making money on Forex steadily with the help of a mechanical thing, then this story is no good for you. At best, you will suffer losses, and at worst you will lose your entire deposit. Then moans follow in all forums, that the forex market is a scam. In practice, I have met quite a lot of such people. The funny thing is that I warned them, but we all are smart, do not want to listen to someone with experience. If you want to start making money on forex without knowledge and experience, then read my article about investing in pamm accounts. Here you only need money, and experienced traders will start trading for you.
Summing up this not so large article, the hunt to add that advisers in the hands of an unskilled trader will not do any good in trading, but will only become an obstacle to the development of you as a specialist in the foreign exchange market. Therefore, to begin with, before introducing mechanical tools into the work, study at least the basics of Forex: Technical and fundamental analyzes, try to find or develop your own profitable trading system. This will be enough to start making profitable forex trading.
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