PHILADELPHIA, PA, August 30, 2013 /24-7PressRelease/
-- As an investment trading firm specializing in the foreign exchange market, JageroFX
realizes from firsthand experience that FX trading can be daunting even to those who have already amassed experience with it. The FX market is the fastest growing investment market in the world today, but also one of the most complicated. This is why, to simplify the FX investment process, the company utilizes FX trading robots - automated trading systems that call upon intricate algorithms.
As a recent article
from Earn Forex explains, these investing programs can make life for an FX trader significantly easier. They are more efficient and less likely to make math or reading errors than human investors. They also cut down drastically on the amount of expertise needed to trade effectively in the FX market.
"There are other huge advantages as well to trading with a Forex Robot," affirms James Gillingham, director of JageroFX. "These robots are also known as expert advisors in MetaTrader 4, the program that we use. EAs can trade 24/5 in several currency pairs at the same time, while the best human trader would only be able to keep an eye on a handful of instruments during his working hours."
Furthermore, says Gillingham, these programs are tireless. "Numerous algorithms exploit the Asia market, where many trends are made or terminated, and can continue trading the European and American sessions without a coffee break," he explains. "Profits are analyzed in real time and the next positions take full advantage of the current account balance."
"As emotions don't play any part in the trading decisions," continues Gillingham, "the robot is unaffected after a succession of wins or losses and can continue to trade and analyze the markets with the same stamina that it started with an hour or even months before. This makes them especially useful for high net worth investors. Some of the most sophisticated algorithms use artificial intelligence (AI) to analyze the current market volatility, the time of the day, and overall trends. All these data are used to automatically reduce or increase risk, tighten stop-losses or extend take-profits."
While most of these programs only use technical analysis and indicators, JageroFX has a number of systems that take incoming news and important announcements into consideration before placing trades.
"Forex robots are not, however, the Holy Grail of investing," Gillingham cautions. "They can work really well across a wide range of financial instruments and have proven very profitable in FX trading, but they need an expert human analyzing their progress and making adjustments along the way."
This, says Gillingham, is why his company offers a number of investment solutions and many profitable, expert advisors. This team of developers and support professionals ensure that every automated decision is based on solid trading and money management techniques. "By measuring risk and performance on a daily basis, JageroFX can advise clients on the best robots and strategies for their risk profile," Gillingham concludes.
London-based startup investment firm JageroFX is an exclusive boutique company that is already making a name for itself as a pioneer of new technological advancements in the investment industry. It offers a wide variety of investment services to its clients, ranging from asset counseling to a lucrative FX trading platform to automated trading services utilizing the latest trading algorithms in its market-spanning trade robots. Throughout all of this, the company makes sure to focus on the best interests of its clients rather than personal greed, and its hardworking financial trade professionals bring a wealth of experience and consistently positive attitudes to all of their financial work.