The robots will certainly help you with the process of earning money on forex, but they will not replace your trading skill. So think twice before opening or cling your trade, even if such kind of inventions are appearing, they are only to HELP you, not to lead you to success.
A few leading vendors profiled in the report lead the market. ABB provides a comprehensive range of robots to help manufacturers improve productivity, product quality and worker safety. Regardless of application ABB has a robot to meet needs of the customer in any industry. ABB has installed 250,000 robots worldwide.
Before I get into specifics, I’ll mention what this technology does and how it works. Day Trading Robot is a stock trading system which makes use of mathematical algorithms based on real trading techniques used by real traders to analyze market data and look for profitable trading opps. Once it’s found what it deems as being a high probability trading opportunity, it notifies you so that you can trade accordingly.
The main reason for offshore manufacturing is to reduce production costs for a manufacturer who is trying to make more profits by exploiting the comparative advantages that exist in other countries and which are not in his/her country.
Robots were introduced into the Forex set up to tackle the difficulties that technicality introduced into Forex trading. For days on end, Forex trading remained to the confines of professional traders; those who understood each and every aspect of the tough trend lines and candlestick patterns. Today, Forex is a daily industry of 3 trillion dollars. This could not be achieved without pushing even the novices and amateurs into the trading world. This has largely been made possible by the automated Forex pilots who have robotized the way we see Forex.