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Getting good results is possible for each trading year. But a good or bad result is defined by the circumstances. For automated trading it is necessary to make decisions. The problem with most decisions is that you most often don’t know how your life would have been if you had decided otherwise.

 

Depending on the broker you use, a cent account can be traded with a lot less capital than you would need otherwise. We use moving averages and trading to find out if the price is above or below what we consider to be the average price. Building a system that can survive outstanding situations requires that you know that they exist and how bad it can get. Once a broker I used declared insolvency in January 2015. That was just two or three days after the financial earthquake that was caused by the Swiss franc. MetaTrader comes with predefined methods for a lot of useful things. One of these things is the ability to create an automated screenshot.

 

Trading automation is only the last missing puzzle piece you need if you want the valuable answer to the question: what if? You maybe don’t know if you should close a position? Or if it would be better to hope that everything finally will come to a good result? From time to time I get a question like why should I trade what you trade? Well, maybe you shouldn’t do that. Today, I am still very happy that I was smart enough to start with a demo account. So it was no real money.

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