I believe Individual traders who still compete on Currency trading by using traditional trading systems based on rules or technical indicators and implemented as single decision trees are increasingly ineffective. Algorithms is the way to go.
I would like to ask if there is a forex trader more than 10 years old and still generate regular profit here ?
I'm sorry to ask this
because I see the portfolio of several forex winners here on other contests they lose a lot, inconsistent
my opinion for long term 100% forex traders must have lost
therefore many brokers give a lot of bonuses
please let me know if my opinion is wrong
With all due respect to the fans of automated trading systems... I worked as forex trading systems programmer for 7 years. Had a lot of meetings with my colleagues from different parts of the world. I should confess, it's impossible to create a system that would compete with experienced trader, at least for the time being. Too many things to consider! It's impossible to trade successfully based only on technical indicators, and not consider at all the economic and political situation. Could you imagine how difficult to trade GBP with all this Brexit mess for automate systems? I better believe you do. The only good thing I got from my programmer experience, it helped me to become a good manual trader.