Thursday, September 10, 2009

Way to Become Rich ... I think So.

To become rich, you need to focus on creating sources of income that will be profitable regardless of whether you are engaged in the development of these sources or not. That is, you must create or acquire assets.

It is also very important to understand the difference between ordinary income and assets. For the FOREX it can be disassembled in the following examples.

If you yourself are sitting at the monitor and take out the transactions manually. In this case you'll get everything and earnings in your account grows. Nevertheless, it will only income. Why? As soon as you stop working, the process of wealth accumulation stops.

Suppose you have a good trading system, and you could automate it by creating a profitable robot. Having started on metatrader advisor, you already begin to make a profit, regardless of puts you in this effort or not.

In this example, you will already own the asset - an advisor, generating passive income. Consequently, you need to direct more efforts to develop such a robot, or buy ready-made. The problem is that both are almost unreal things.

Robot is much more precise and, of course, completely without emotion carries out the commands of the program. Man versus machine is better able to filter out the transaction. The fact that markets are unique, and not all possible situations can be programmed.

Another example of the formation of an asset can serve as a capital allocation to asset management. This immediately raises other important issues. Where to find the control? How to look at his methods of trading on Forex? Guarantees the conservation and return on investment.

However, once you find the right answers to these questions, you will have a second asset, bringing money. At the same time you go to work or not, you'll be rich one day and 24 hours a day. Why? Because you will be working on your money, not you.

Let's go back a little bit ago. Do you have a profitable adviser. To make it work you have to establish non-stop access to your computer to the Internet. Well, it's not so difficult.

Another thing is that sometimes there is a need to optimize any Advisor for the ever-changing market conditions. Yes, and invest all the money in the work of a single robot is illogical. Since most marvelous expert can «break».

Therefore, experts should be few, but metatrader work on a remote server. Server, respectively, should be reliable, its proceedings must follow the professionals.

Ideal forex trading roughly looks like this. You go to the site of a company. Turn on the terminal. Analyze the work of several advisers recently. Select which ones you think are responsible for your understanding of the reliability and profitability. Run them at work. Switch off the terminal. Begin to prosper.

Possible? Unfortunately, I have no answer to this question. But the attempt to create such a service exists. Actually not even attempt, but the service itself. Another thing is that his services as usual on the Forex, you will enjoy at your own risk.

Alpari along with traditional services Forex offers to place money in trust management through a system PAMM accounts. And just to organize automated trading platform Systematic.

Funds in management, I'm not going to give. But to understand the Systematic-platform, I was curious. This morning, recorded a demo alpari.systematic account. Chose four trading systems. Composed of them working portfolio.

Immediately struck by the disadvantages. The test is limited in time by a month. And secondly, it is impossible to throw a portfolio of its own robot. A well set already proposed advisers.

Although probably not at the expense of the shortcomings I exaggerated. Today is Saturday, and support from Alpari does not work. How to link alpari.systematic account, located on a server with metatrader, I did not understand. While this possibility was announced. Maybe those shortcomings are talking about above, and will lose its relevance.

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