Why There are So Few Forex Systems That Work?
If you’ve been in forex trading for a while and if you were interested in automated trading, you know how many systems there are. And you also know that most of those systems don’t work that well. But why?
The main reason is that the creators of these systems make money by selling new systems over and over again. Unfortunately for those who follow this model it pays off better to create new systems every month rather than stick to one system and keep updating it. That’s one reason.
Another is that markets change so quickly and updates are necessary more frequently that it is possible to deliver them. It’s a very difficult thing to accomplish, that’s why there are so few good developers of forex systems.
Posted on June 5, 2010 at 2:52 pm by admin · Permalink
In: Forex · Tagged with: auto trading, currency trading, expert advisor, forex software, forex system, forex trading
In: Forex · Tagged with: auto trading, currency trading, expert advisor, forex software, forex system, forex trading