It is a TRADING BUSINESS WITHOUT SHORTCUTS I tell you in a brutal hoping to save you time and money without the fear of being contradicted:
EARN MONEY IN A MANNER CONSISTENT AND CONTINUOUS THROUGH ALL 'AID OF AN EXPERT ADVISOR AND' pure utopia.
After a year of strenuous testing, and commercial and non babaforex throws in the towel. During these 13 months of testing various drawdown have literally dried up the demo accounts on which they were operating expert. For the most part it was renowned expert advisor created by those who are by far the best coder in the square.
The reason is very simple, the expert have been shown to achieve large gains in short periods but the first change in "mood" of the market on time, things took a turn for the worse and who these days has to work some expert knows what I mean. The main problem was my absolute negligence in the field of programming. These expert continued to be maintained and optimized to be as market conditions change. Or we rely on someone (company or programmer who is) convinced that he will send us a new version of the Expert before our total bankruptcy (forex autopilot is distributing the new version, which unlike the earlier gains even when the trend is bearish pity that their reliability is questioned by new products that the company offers: slimming).
Great is the envy that I feel toward those programmers with a passion of forex. For them, things are very different. Metatrader platform gives them endless opportunities to transform the simplest strategies expert advisor to use depending on the situation and amend the present case of problems .. Only in this way is with a deep understanding of the Expert that you are using makes sense to take this road is still difficult and tiring nothing to do with the image of the traders who you wake up to count the dollars and his trusty earned while he slept.
There would be many aspects that should be detailed (one of these just to give an example are the studies that have made large financial companies for its own account and investing considerable sums of money that led to the creation of the much hoped for the magic software that would SWITCH had to save them from the "mean reverse" (see Investopedia)).
Babaforex then decided to change course, aware that the trading does not allow short cuts, and invest in training. We will continue to keep an eye open to the world of EA, hoping that one day they can work successfully for us. In 'waiting This beautiful dream come true we will deal mainly of technical analysis, price action and price patterns without forgetting Intermarket ANALYSIS AND PSYCHOLOGY OF THE MARKET.
They continue with the testing expert advisor to the results that by now you know I could experiment with different trading techniques with very encouraging results. The transactions on the breakout and swing trading scalping operations from long-term trend following kind I have always had mostly positive results. To tell the whole truth scalping was the most difficult and less profitable but this is probably due to my psychological characteristics. All this will this blog in the coming months. We will start this adventure with an overview of the main indicators used by traders to "sniff" the market. (Moving averages, MACD, Stochastic, CCI, RSI, Bollinger bands etc.). I know that this will lose a lot of 'unexpected interest received in recent months since the birth of the blog, mainly oriented towards the Expert Advisor is forex killer as a black box, which you can still download the older posts, but my addition to being a moral obligation is an attempt to make a quantum leap, and to make available my most recent experience in technical trading.VISTO CONSIDERED THAT BE PART OF THE MINORITY OF PEOPLE WHO EARN IN FOREX NOT 'so hard Just do not look for shortcuts . babaforex
