Advantages of Trading Systems

Wednesday, January 7, 2009

- A rigorously tested trading system gives the trader confidence, and a framework for discipline.
- Trading systems take the emotion out of trading. Unlike a human, an automated trading system will never second guess itself, or be misguided by fear and greed.
- Automated trading systems free you of the necessity of being in front of the markets at all times. Once an effective system is developed and optimized it can be left to run independently.

Being a 24 hour market, some of the best forex trading will likely take place in the middle of the night regardless of your location. For example, if you are a trader in the US trading GBP/USD - you will likely be asleep during the volatile London open. Automated trading systems allow you to capitalize on market movement at all times. An automated system will allow you to focus on optimizing your strategy and money management rules rather than having to constantly watch the market.

- The use of automated signals and order execution allow you to trade multiple markets simultaneously rather than being glued to the movements of one market.
- Trading systems will increasingly afford faster identification of signals and reaction to them. As you might imagine, a machine will typically beat a human in the speed of identifying a trading signal and the entry of the corresponding order.

[ForexGen Scalping Enabled Account]

Trade and scalp the market ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen] offers traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

*Trade the news without intervention or restrictions
*Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.

*Place scalping orders without intervention or restrictions.
*A client-friendly trading environment, No re-quotes.

*Ability to place orders inside the spread

*Competing rates from multiple banks

*Spreads are variable and can move sharply

*Ideal for active or professional FX traders


For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.com, or you can [chat] with our representatives, you can also[request a call back]from one of our agents by sending us your contact number and the best time we can reach you.

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