Expectancy is the formula you use to determine how reliable your system is. You should go back in time and measure all your trades that were winners versus losers, then determine how profitable your winning trades were versus how much your losing trades lost.
Take a look at your last 10 trades. If you haven’t made actual trades yet, go back on your chart to where your system would have indicated that you should enter and exit a trade. Determine if you would have made a profit or a loss. Write these results down. Total all your winning trades and divide the answer by the number of winning trades you made.
Not even Forex trading tips and tricks can guarantee you success. When you decide to become a trader, you should have already accepted the possibility of failure. In case you didn’t – here’s a reality check. You won’t make profitable trades 100% of the time. Don’t let false advertisements get in your head, either. Instead, be realistic about your Forex trading methods and goals. When it comes to trading, this old saying is not just a clich?. True success is never instantaneous. It’s the result of consistent work and planning. Many beginner traders look for an easy, fast path to profit. Don’t bother – it doesn’t exist!
The Forex Analyzer is a forex analysis tool that functions as an indicator and also a trading robot. It has 25 technical indicators, 10 candlestick patterns and memory management. It is fully customizable and best suited for an expert trader who understands the charts and technical analysis. Forex Analyzer automatically analyzes the MT4 charts using technical indicators and price action patterns. When it finds a trading opportunity, it can either place the trades or alerts the trader depending on the user settings. The Forex Analyzer can be customized to function as an indicator that alerts the trader by email, sms and pop up window. The trader can then place the trades or wait for another signal according to his trading style. It can as well be set to automatically place the trades for the trader. It works on all currency pairs and on all timeframes. The price is $97 and it is designed for the MT4 trading platform.
The Forex Analyzer seems to be an interesting system that serves as an indicator and a forex robot. But, the major question is this: Can the Forex Analyzer be trusted? More info at Best Forex Robots
In a market which has been taken over by scams, it is difficult to know which forex robot to trust or not to trust. It is against this backdrop that we review the Forex Cyborg robot. Is the Forex Cyborg EA a software to trust or not to trust? The article explains it all.
Introduction: The Forex Cyborg
There is no information whatsoever about who created Forex Cyborg, or where the creators of the software are located. This in itself is suspicious: if a product is successful, would the company behind it prefer to remain nameless and faceless, or would they go to town with their discovery? Unfortunately, the situation is that there is no information or background to this software. A video to better understand FOREXT robots : https://youtu.be/pWaaySADzqk
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