In my opinion robotic trading is less efficient than manual trading. The robotsnadvantages is that it can be there everyday all the time. It never calls in sick or takes time off. That consistency moves the numers in favor of some robots. The problem with the systems that I have seen is that they work great in the market conditions that they were designed for and not in others. Markets change like the weather. Humans can make that change, machines can not.
Forex is risky and that is why many people avoid to chose this business for work. But they dont understand that they can minimize the risk with learning and practicing. If they work with Forex, future they might get more profit then other business.
Yes forex is risky, sometime I am hear any statement from fellow trader which he losing big money in my view, and for me might already bankrupt if losing these amount money, still grateful because loss in forex not too much money because only use small capital
I agree practice and skill greatly reduce risk. I am glad that you discussed trading like a business, because it is. I have found very few businesses more profitable than trading with the exception of some commercial real estate ventures.
real estate business might need huge capital to start, but if any smart person might they can become salesman and get comission, but forex trading can start with smallest capital although also not easy increasing profit
Yeah, in Forex Trading if you have proper knowledge and experience and skills, you can turn those risks into rewards.
Actually it does not need much capital at all. Here in the USA we have something called title III which allows people to invest in realestate and other stuff for as little as a hundred dollars. Because commercial realestate is leveraged the cash on cash return is fantastic and so are the tax advantages. The whole thing is regulated for investor safety and you can view and access deals through specially licensed brokers and thier websites. Its a great deal.
Thank you for the reply! It was interesting for me how it's done in the US, cause I'm from the EU In fact, I meant the way when people buy real estate and then lease it to renters
Oh just now I am understand if there are company as commercial real estate also open door for small investor, but what site as example? Few years ago I am ever trying on hyip which on site giving information if they recycle money on potential business like as water real estate but this is fake not real, but yes no licency and regulation for hyip many people said this is money game