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Friday, April 29, 2011

Metatrader 4 Expert Advisors - Why The Banks Don't Use Them!

Introduction


There's a widespread myth in Forex trading circles that Metatrader 4 expert advisors don't work, after all if the did, then wouldn't the big banks and hedge funds sack their entire trading department and replace them with Metatrader expert advisors instead? While it's true that large financial institutions don't trade with the commercial automatic Forex trading systems available on the market, it's not because they don't work. There's a reason why this opportunity is "unwanted" by the major players, and by the end of this article, you'll know how you can profit from this little known fact.


Why The Big Banks And Hedge Funds Don't Use Metatrader 4 Expert Advisors


Typically, the large financial institutions like banks and hedge funds trade with hundreds of millions or even billions of dollars at a time. Obviously, the biggest issue for these big players is liquidity, because they would be taking thousands of contracts at a time, and that's just for one of them. When you consider the effect of all of them buying and selling at once, you can imagine just how hard it is for them to get a good price without drastically moving the market.


The problem that most big banks and hedge funds encounter with liquidity is good news for small individual traders, because it represents an opportunity to get into favorable positions that they can't. That's because individual Forex traders can enter and exit the market at will without "paying" any pips in slippage (getting a worse price due to poor execution). Good Metatrader 4 expert advisors add to the advantage of the small Forex trader even further, because it gives them a proven edge in the markets.


How You Can Profit From This "Unwanted" Opportunity


The large financial institutions can't possibly dream of using Metatrader 4 expert advisors to profit from the Forex markets, because it would be impossible for them to enter and exit their positions at the right prices. That's why they don't "want" this opportunity, because the typical Metatrader 4 expert advisor can only handle a million dollars before slippage becomes a problem. So if you have less than a million dollars in capital to trade, then this is a huge opportunity for you to profit in the place of the big banks and hedge funds.


Most small Forex traders don't profit from their Forex trading, because they don't have a proven edge in the market. They wrongly believe that Metatrader 4 expert advisors don't work, and as a result they try to do their own trading, with disastrous results. You can use this inside knowledge to your advantage by identifying a profitable Metatrader 4 expert advisor, and utilizing that edge to shortcut your way to Forex trading success!


I've been a full time Professional Forex Systems Developer since 2007. Forex trading is my passion, which is why I really love helping anyone to overcome their challenges and become profitable in their own Forex trading. If you're just getting started in trading Forex, or if you'd like to take your trading to the next level, I'd love to help!


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1 comments:

Free Expert Advisor said...

Forex EA is a term that refers to the expert advisory for the forex market. Forex EA is a forex robot which written using the ML-4 language and designed to perform operations on the Meta-Trader 4 platform. This software can be programmed to notify you when there is an opportunity to conduct operations in the forex market, even you can set your account automatically to handle all aspects of operation and can directly send messages on both the broker to stop and trailing.

Metatrader Expert Advisor

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