Why Automated Trading Systems Never Work?
As a trader, I am quite sure that you have heard about automated trading systems. They usually come with big claims of profits in just few clicks to set them up. Have you ever wonder (if you have not been using any) that if they work or not? In this article, I am going to share you some reasons that will help you answering the question “Do automated trading systems work or not?” The first reason why automated systems never work is because markets always change. The systems may look good at some periods or some situations but they never work in long run. Another reason is because the automated systems generally come as black box. Developers do not want you to see what are behind the system. They just claim that you will get big bucks if you buy their systems. Also they will show you the results of the systems based on historical data. That is not enough! The historical performance cannot guarantee the future. I have always mentioned about complete trading systems. A complete system must
