How do you pick the ‘right’ Forex trading system for “you”?

Well, that depends on the jouney the individual trader has made to bring them to the point of considering using a robot to trade their Forex account.  I just got lucky and found one  that has only made me money from right out of the shoot.  Most traders are not-so-lucky and eventually they lose confidence in their trading skills, “The market just isn’t doing what it is supposed to!”

When traders reach this point, it’s best to stand back; their emotions are now in full control of their account, and the trader vows to ‘keep a closer eye’ on each trade.  Or to make sure they get to the ‘next’ super guru seminar, only to get further confused by the FX trading system they’ve devised.  It’s no use though, all is lost from the start, because there’s no room for emotion in Forex trading.  Long sleepless nights are spent staring at a computer screen and scribbling down notes that will certainly prove to be useless become the norm.  The trader continues to hope against hope that ‘luck’ will come into play with each trade…only it never does.  Luck is always with the market, and  she seldom smiles on the individual trader.

What I’ve found over the years is that virtually every ‘guru’s’ FX trading system works…for the guru, and only rarely for a new trader.  It was a revelation when I suddenly realized that each of the guru folks had become successful precisely because they had developed their own FX trading system.

Successful (meaning, not losing money) traders have each developed their own particular FX trading system, and that’s what each new trader has to understand;  they will have to develop their own system and set of signals if they are going to profit from the Forex marketplace.

It’s not really the daunting challenge one might think.  You have to start somewhere, so why not with one of the ‘guru’s’ stuff?  As you put it into practice, you’ll naturally want to ‘tweak’ it to your particular preferences to try to squeak out a few more pips for the scoreboard.

If it works out and the trader can afford to continue to experiment for the best results, and eventually, he or she will arrive at their optimum FX trading system.  If the trader’s pockets are deep enough, and their commitment is strong enough, they WILL be successful.

You try ‘all’ the programs, go to all the seminars hoping to gain a morsel of valuable information and spend a lot of time, study and money—just to make a living with your perfectly-tailored FX trading system, or you can ‘bail’ on the work and turn your trading over to a robot—so you can enjoy your time spending the money it makes for you.

It’s kind of ironic that just as I had developed my own particular FX trading system, fully automatic robotic trading came onto the scene.  I jumped right on it and got very lucky—I still use my first robot.

Now-a-days, I’m considered a ‘successful’ FX trader, but only because of my profits.  To be frank, I really don’t spend more than a couple hours each month with my robots.  That’s why I routinely decline invitations to speak about ‘my’ Fx trading system, because all I know is that my robot works!  “How” it does what it does is not something that I know, nor do I care.  My time is worth more to me enjoying my family, friends and fellow world travelers than learning constantly-changing algorithms.

Don’t worry, I’m not going to leave you hanging, click on the link below to take a look at my robot:

Wishing you success in all of your trades!

Walker Geist

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