Trading with Two Robots to Make Quick Profit and Be Profitable in the Long Run – Forex Quake
filed in Forex on Mar.12, 2010
The concept of making quick profit is a very good one, but it’s’s hard to keep making fast money in the long term. Usually there’s more risk concerned trading for fast profit in the short term while the less dangerous long-term plan takes a while to bring in the money. So Forex Quake has decided to offer a solution. Rather than selecting one strategy, why not use both? This system provides two robots for trading in short term and making quick money, to trading long term and making consistent money.
That sounds great, but you could question whether the near term robot doesn’t lose more than the long run expert advisor can recoup. The solution is found in the right cash management rules. If you manage the money and risk correctly, you can make fast money and have your losses covered by the long term methodology. Of course it is not failure-proof and you are likely to lose more in short term, however the concept is good. The crucial thing to keep in mind when mixing these two methods is that you should run the long run strategy first and trade with the short term robot in the frame set by the former.
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