Quote:
Originally Posted by kagein
Hey guys, i really wanna make it as a discretionary trader, i've learnt loads from the currency markets in such a short period. i do like to trade, i like it even better when the trades go my way. i was wondering whether it would be advisable setting up a higher risk  account with the aim of using it soley with 'robotic' system, to offset 'me' if you will, and give me something to look at when i havent got any fib setups.
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I have no faith in robotic systems of any sort. Even if they work for awhile they cant for long for obvious reasons if you think about it. The market will adjust to any large scale intervention (look at the news traders and their autoclickers). Most especially if you are in a losing streak do you really have the mentality to let a prpgramme enter your trades (most dont). Finally you learn nothing from such a process. Rather like Lleyton Hewitt putting his serve machine on auto and walking away - whats the point. Your job is to learn how to be a trader and once you have achieved that the world is your oyster no matter what the market is up to