10 reasons to use an expert advisor aka trading robot - metatrader4 (mt4) basics
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10 Reasons To Use An Expert Advisor aka Trading Robot - Metatrader4 (mt4) BasicsTRANSCRIPT
MetaTrader 4 (MT4) Basics
10 Reasons to Use an ExpertAdvisor aka Trading Robot
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1. It can watch the market 24/7, it is a machine, it never gets tired.
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2. It strictly follows the rules of the trading system - it automates.
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3. It does the heavy lifting for you, you can just watch it over and collect the profit.
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4. It does not feel greed or fear; it does not allow emotions to interfere with its trading decisions.
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5. It can trade while you are sleeping, eating or just relaxing on the beach.
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6. You can backtest with it over past periods to see the performance of this trading system.
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7. It can react much faster than you, especially during sharp market movements.
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8. It can automate even very complex and computational intensive trading systems.
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9. It is much moreaccurate than you, it is a precise machine.
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10. It can be more profitable than you, because it will never miss a trading opportunity.
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