How to Make $300 and More Each Week With a Forex Robot - Practical Steps

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Forex market continues to be an essential income source for many trading web generating an income, paying their bills and in many cases having a better way of living.

Thus, it is possible to understand why more and more people are thinking about quitting their job to turn into a full-time day trader and live living they always thought of.



While I may discourage you within your project of leaving your coworkers for your own trading business, but I will perform it forever.

 Well, you must know that about 91% of traders lost their capital at Forex. It could be actually scary nevertheless the winners are making lots of money at the same time as this is the only real financial market where about trillions of dollars are traded every day. In fact, I'm not planning to discourage you in your plan.

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 I will even encourage you but I will stress on the benefit to plan wisely.


You should not allow you to the illusions that you just will never have losing trades. If someone attempted to sell that you simply 100% working automated trading robot or a method that actually works anytime I can tell you which you got screwed.

The reality is the winners are those traders who make more winning trade than they lose. For example, you are making 10 times $10 so you lose $45 once for the trading day, you are able to discover that you will end up using a total profit worth of $100 which has a $45, you are always in profit.


So, what is the easiest way to travel and also to produce a consistent profit out of your market? You firstly should find out foreign currency trading (basic principles, indicators, price action, candlesticks,...) and practice what you've learned with a free demo account.

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Doing this, you will soon understand that the primary enemy of the trader is himself. I mean, greedy and all these feelings you have when trading and which force down your throat to share with buy once your trading technique is leading you in the downtrend.


First thing, I will suggest that you simply proven trading strategy: The Dow Theory.

You can Google it a bit to find out more but to produce things simpler and also to save your time, the principle is just about buying when prices goes up over the last higher high and selling when prices falls below the very last lower low.

The last rule on this approach is to make certain the marketing is trending up when selecting as well as the companies are taking when selling and also you have the answer when prices keep break higher high levels (uptrend) or when prices keeping breaking lower low levels (downtrend).


You can provide it an attempt manually on a free trading platform like Metatrader.


The then all you have to complete would be to code your bot. You will should find out more about MQL4 language that is a simple programming language and also the help of the metatrader programming forum you will soon have your personal expert advisor prepared to test.

You can also search for some well written robot source codes to improve your bot.
When ready, you simply must test out your trading robot.

You have a strategy tester intended for free in Metatrader, it is easy to use and may let you test out your trading software on history data and become confident your bot works fine in real trading conditions.

You can also outsource the event you don't know anything about programming. Before going live, test drive it again live over a demo account and you can start making about $300 each after week and never having to quit your manager.

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