How To Start An Automated Online Forex Trading System (1)


Posted November 19, 2018 by stevewillson703

Numerous friends of mine often ask me about how they are able to start a full automated online trading system in fx
 
Numerous friends of mine often ask me about how they are able to start a full automated online trading system in fx. Yes, every trader dreams about automated trading which will release them from this routine activity. Even that they are effective traders in manual trading, they know that someday they will must go and let robot to replace their position for trading.

Everybody dreams about retire young. So , in order to get relax within Bahama's Islands (LOL), we must start to set up a full automated online trading system and the most important thing is this system should be profitable. Why we would set up an automated trading system issue doesn't bring us a lot of money. So , I will help people to start some sort of profitable system.

What do we need to set up an automated online buying and selling system?

1 . Superb VPS (Virtual Private Server) that may be set up specially for automated trading

2 . Broker Organization that provides MetaTrader 4 Platform especially support micro account

three. Profitable Expert Advisor (Robot), this is the important things

Ok, in this post I am going to start to explain point 1 .

What is VPS?

VPS means Virtual Private Server. An automated online forex trading system needs a stable connection to the internet and a good computer in tehnical specification. Let state, we already have a PC at home and a stable net connection. Would we set it online for 24 hours 5 times a week? It will take a lot of our time and a part of our independence. Imagine that we should keep on eye on this PC whether it is damaged or not, whether electricity cut off, and many other things that could get in the way the system.

So , we must think to rent a PC that is certainly online for 24/5 and has a stable internet connection. The answer is VPS. If we rent a VPS, it just likes we have a new PC in the hosting server. We could set the VIRTUAL PRIVATE SERVER just like we connect two computers and access one of these from the other. For our convinient, we should choose Windows VPS. This is based on asumption that most of us use Windows Operating-system. But for people who are familiar with Linux, they also can rent your Linux VPS. So after choose the right one, we have to find out what time is our VPS being resetted? This is an important issue due to a robot needs a stable link. Imagine if our robot is handling an open stock trading position and suddenly the VPS is being reset. APP will miss chances to handle trading positions. It means rewarding position can turn into loss.

So , VPS that we require must support these criteria:

* Stable and Quick

* Scheduled to reset at non-trading days

4. Have good technical specification, i. e. RAM

3. Easy to install MetaTrader Platform

* 24/7 Support Group

* Windows System is preferred

* Fair Price

5. Specialist in handling Online Trading

So , we must choose our VPS company very careful since this matter is important to aid our online trading. If you don't have any clue about VIRTUAL PRIVATE SERVER that is specialist in handling online trading, I suggest CNS VPS. They also have a special discount for traders to lease some commercial EA's. So we can try before purchase them.

visit: rockhoster.com
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Issued By steve
Business Address Texas
Austin
Country United States
Categories Business
Tags buy vps with bitcoin
Last Updated November 19, 2018