Sunday, January 4, 2009

Building FX Trading Systems - Introduction | ForexGen



There is a lot of information available about how to use trading systems to make intelligent forex trades, and there’s even more information available about buying someone else’s trading system. But what about if you want to build your own trading system? There’s not a lot of information about how to do that.

This article will cover the basic principles of building a reliable automated trading system that has the goal of generating trades with positive expectancy. This means that on average you will make money.

Think of a system with positive expectancy as being like a casino’s house advantage. Gamblers may win money from the house, but overall the casino has an advantage that allows it to make money over time. You need the same advantage in your trading system.

ForexGen now has a trading new client called MultiTerminal. The MultiTerminal is intended for simultaneous management of multiple accounts, for which is mostly helpful for those whom manage investors' accounts and for traders working with many accounts simultaneously.

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