Thread: Autotrading Forex

Originally Posted by hookfx

Forex autotrading is a trading strategy where buy and sell orders are placed automatically based on an underlying system or program on the foreign exchange market. The buy or sell orders are sent out to be executed in the market when a certain set of criteria is met.

Autotrading systems, or programs to form buy and sell signals, are used typically by active traders who enter and exit positions more frequently than the average investor. The autotrading criteria differ greatly, however they are mostly based on technical analysis.

What are the disadvantages of autotrading strategy?

disadvantages of not winning .....actually with zulutrade these are readuced, even the loop to receive loosing positions you can avoid and turn into your favor :)

Originally Posted by lenafxdaytrader

disadvantages of not winning .....actually with zulutrade these are readuced, even the loop to receive loosing positions you can avoid and turn into your favor :)

well they do not know what they are looosing you know sometimes when people hear that something is easy to use they tend to be suspicious and condescending.

now this makes me feel like trying zulu trade, and just toy with it and ses how things go :)

Forex autotrading is a trading strategy where buy and sell orders are placed automatically based on an underlying system.I also used this facilities for my scottish office address service and I think for high money exchanges this is the best trading facilities.

Unless you are a bank or option trader, or work for a hedge fund, you should avoid trading during the off-hours at all costs. The inexperienced or occasional trader will find that it is almost impossible to make favorable trades outside of the standard market trading times. The only likely option here is a loss.

if you are talking about the fx market when then you can make it quite well to trade outside the standard market times !!!
just open an account with zulutrade and you will see for yourself!

Originally Posted by zhulin

zulutrade sounds interesting, I am wondering who had tried hotforex there, I want to see whether I can make good use of zulutrade.

I am trading with Hotforex and seems that broker has zulutrade but I prefer PAMM account than Zulu.

Why would you wanna have your money locked into a pamm account, rather than being happy with the Zulu-traders and being able to withdraw your money at any position.