RSS Feed!

Archives

Posts Tagged ‘Artificial Intelligence’

Using 2 Robots to Trade in Short and Long Term – Forex Quake

Saturday, March 13th, 2010

The idea of making fast money is a really good one, but it is’s hard to continue making fast money in the longer term. Customarily there’s more risk involved trading for quick profit in the short term while the less dangerous long-term system takes a while to bring in the money. So Forex Quake has decided to offer a solution to this problem. Rather than selecting one strategy, why not use both? This system provides two expert advisors for trading in short term and making quick money, to trading long-term and making consistent cash. That sounds great, but you could question if the near term robot doesn’t lose more than the long run robot can cover. The answer lies in the right money management rules. If you manage the risk and money properly, you can make quick profit and have your losses covered by the long run methodology. Of course it is not failure-proof and you are likely to lose more in short term, however the concept is good. The vital thing to keep in mind when mixing these two methods is that you should run the long run technique first and trade with the near term robot in the frame set by the former.

Can Forex Torpedo Predict Markets?

Monday, March 1st, 2010

Does the expert advisor produce good results? That is what matters, not that it foresees market or uses past info. So, having said that, I could leave it there. We should judge a currency exchange robot by its results, not by its features.