Key Advantages of Automated Trading Bot

Posted inTrading Knowledge

Trading like CFD Trading or Forex Trading has become very common nowadays and there are many traders relying on trading to generate their main or passive income. Generally, there are two main types of traders – Manual Traders and Algorithmic Traders (also called Quant Traders).

Manual Traders as its name, place a trade and close the trade manually by analyzing the market technically and sometimes fundamentally while Quant Traders use an automated trading bot to trade on market to gain automated passive income. In our honest opinion, we do not have strong preferences for either way as long as it works. When we say it works, it means the same process or action of trading can consistently generate profit in long term.

However, it is undeniable that an Automated Trading Bot or Algorithmic trading has some key advantages that you should at least considering to include as part of your trading strategy.

Key Success Factors for Martingale Strategy

Posted inTrading Knowledge

After running a few of our Martingale strategies, especially Ophiuchus EA for almost 3 years and supporting many of our clients in running this strategy, we managed to conclude a few key success factors for Martingale Strategy Trading. We hope this sharing can help our existing clients to be more successful and new clients to be successful. This article is written specifically for our Ophiuchus and Limitless users but it also can use for any general Martingale Strategy Trading.

Forex Trading in Holiday Season

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Year-end and Christmas are coming. Most of the people will start their holiday and family gathering. Most traders will start to have their holiday too. However, Expert Advisors (EA) and the automated trading bot do not require holiday and they can still trade 24 x 5 while you are on holiday. Should you allow your EA to continue to trade during the holiday season? This article is to share what you need to know about forex trading in the holiday season.

How to Handle Risky Moment for Martingale EA

Posted inTrading Knowledge

In all our Martingale EA, we always put the following quote.

This EA is using Martingale based strategy. All Martingale strategy always has a risk of Margin Call ( MC ).

It is undeniable that all Martingale strategy always has a risk of Margin Call and a lot of time, the margin call is always caused by a series of events, which make it really hard to predict. For example, the EURUSD drops due to bad non-farm payroll, and your EA has already opened 15 orders. Then another weak PMI data from the US and your EA opened another 10 orders. In this case, it already has 25 orders. Lastly, FOMC announced the reduction of interest, and EURUSD drop further and it hits the margin call.

Although the risk of Margin call is unavoided, there are still some options that you can use to manage the risk. This article is to share the options that you can do at this risky moment.

Different ways to profit from Forex Trading for Newbie

Posted inTrading Knowledge

Forex Trading is always high risk and it takes traders years of experience to be able to consistently profit from Forex Market. If you are a newbie for Forex Trading, how can you be able to profit from Forex Trading in a short period of time?

There are quite a number of ways that can allow Newbie to profit from Forex Trading and it does not need to take years of experience to reach that stage. Here we will discuss 3 main ways for Newbies to profit from Forex Trading.