The Art of Using Artificial Intelligence (A.I.) To Trade Forex

Why A.I. Isn’t What You Think, How Major Investment Firms Are Making BANK With Them, PLUS 4 Reasons Why You NEED To Start Trading With an A.I. Forex Trading Bot Right Now!

Beginning in the 1970’s we entered a new era. Industrialization had it reached it’s peak as the U.S. and Businessmen raced to build a country and profit at scale by developing standardized systems in textiles, steel, oil, lumber, machinery, and engines. Then in April of 1976, Apple (the computer giant of today) produced its first computer which became know as the first desktop personal computer. It sold for $660+.

During that same decade, we entered a new era. One that would make many people extremely wealthy by catching onto the trend early and then providing either the technology, data or software to revolutionize the world. That era became known as the Information Era. One where we have access to every single thing man has ever known since the dawn of time. Access to information from virtually every book that’s ever been written and storehouses upon storehouses of “data” that would make even the biggest bibliophile drool in wonder & awe.

Computers and cell phones became the standard. You carry in your pocket more “computing power” than the Apollo 11, the first man crewed shuttle to land on the moon in 1969. And although computers aren’t a new technology or invention anymore, they are constantly evolving to become faster, more powerful, more “intelligent” and more useful.

A.I. Forex Trading: The New Standard

Let’s dive a bit into the “intelligent” bit I just mentioned. These days a “learning computer” is known as “artificial intelligence.” You’ve likely heard the term multiple times by now. It was popularized back in that movie “I Robot” starring Will Smith where the computers are almost transcendent and recognize their need to eliminate humanity all-together because Robots and A.I. were the next steps in the evolution. Then later in 2014, a movie titled “Ex Machina” was released that similarly shared the same premise. That A.I. Robots will take on a consciousness of their own and soon kill off the human race.

That narrative has got people scared and quite frankly misinformed about what A.I. is and just how useful it can be. A.I. doom and gloom stories have been played out in the minds of millions of people and along with it, people have resisted it. But resisting A.I. is kind of like resisting tomorrow. No matter how much you fight, tomorrow is coming, with or without you.

And there’s good news. A.I. isn’t actually “evil” and it’s not meant to make your life hard, it’s meant to make your life easier, well, that’s if you’re a trader. Because here’s the jest,

A.I. is here to take your job, but it won’t take your life

Recently I listened to a podcast where James Altucher (a brainiac chess champion and Former Hedge Fund Manager) interviewed an expert of A.I and here’s what they had to say.

“Artificial intelligence is not “intelligence”. And it’s not “artificial consciousness.”

SO then, what exactly is A.I.? And how can you use it to profit in the Forex Markets?

Well, from all of my research and to simplify the definition given on most sites from most great programmers but terrible writers; A.I. is a machine learning algorithm that takes in large sets of “data” that are similar, analyzes it (usually what humans can do) and then perform a “task” based on that information. Here’s an example Altucher Gave.

It’s complex to this degree but not SO complex that it carries a consciousness as you do and probably never will. It’s still powerful stuff, and institutions, banks, brokers and every business under the sun is starting to utilize it too. Right now, almost every single major broker or hedge fund is utilizing its own A.I. Algorithms to profit hand over fists in the markets against your typical “personal trader” like yourself. So how do you get in on the action? How do you utilize A.I. to make more money as a Forex Trader? Here are 4 reasons you need to start using and Artificial Intelligence Trading Bot.

1. A.I. Makes NO Emotional Decisions.

One of the major reasons Trading is a tough profession is because people are emotional creatures. All you have to do is take one look at social media and you’ll see people ranting and raving about every injustice under the sun. And it’s not that people are wrong to speak up against injustices. it’s just that most people get flared up, they complain, and pout, and allow even the dumbest things to affect them emotionally. The same is true for traders who are constantly battling their own emotions. “Should I just take my profit now? Do I cut my loss early? Later because I still may be right?”

It has no emotions and therefore doesn’t make emotional decisions. It doesn’t FOMO into poor portions and it doesn’t pull out of winners too soon. It just trades as any trader is meant to trade… emotionless. That can only mean one thing, typically, it will make more money too.

2. A.I. is a Better Learner Than You.

I’m a huge proponent of education and learning. And the more you learn the more you earn. But depending on how fast you can read and how well you can retain information, you will sadly be outperformed by the guy who does. Now, is it possible to get good over a long period? Of course. But that also means many mistakes, plenty of losses and plenty off time.

The solution? A.I.can take in large sets of data within seconds, which would take humans days or even weeks to go through. Then it compiles that data and recognizes “repeating patterns” in the data to sift and sort through what’s important. Then it will spit out The best part? It remembers EVERYTHING. Not one piece of data goes unaccounted for. So in other words, if at one point in time it placed a trade that lost and then it happened again, A.I. would recognize that pattern and not repeat the mistake. Humans typically do because they’re forgetful, resulting in many unnecessary losses. It will also recognize it’s own winning patterns and then repeat those too.

3. A.I. Will Stick To Its Own Trading Rules.

More than specialized knowledge, more than technical expertise, and more than personal intelligence, Trading is a DISCIPLINE. It’s a discipline of how well you stick to your rules. So the guy who stays disciplined the longest wins. That’s the reality of trading most traders (especially amateur ones) don’t want to hear.

People get greedy and place trades to big for their accounts, they neglect their own rules if a trade “looks too good not to take.” They start to think they’re “smart” and “can’t lose” after having a lucky winning streak. They don’t trade using proper risk management. Etc. More people have blown their accounts because they don’t follow rules than can.

4. A.I. Doesn’t Get Tired

The Forex Markets are unique for a few different reasons. One, it’s one of the largest markets in the world with 5.4 trillion dollars traded daily. It’s liquid and hard to “manipulate” because anyone entity simply doesn’t have enough money. It’s the world market. But there are different time zones and different “trading sessions” all around the world, The 4 Major trading sessions are New York, London, Sydney, and Tokyo.

But each City is in a completely different time zone. In other words, while one “session” is closed, the other is open and vice versa. For this reason, the Forex Markets are open for business 24 hours a day 5 days a week, unlike many other markets that only trade for 8 – 10 hours per day

All of that extra time to trade and find opportunities in the Forex Markets is great except for one thing: you need to sleep. A.I. doesn’t. So if you want to wake up one morning to profits from the Sydney session you can because an A.I Trading Bot would be doing the trading for you.

Pretty cool stuff huh? All of those benefits to a trading bot probably leave you asking more questions than when you started right?

Questions like:

Where do I find a trading bot?

How do I know it will work?

Is it trustworthy?

What do they cost?

Are there any risks I’m not thinking of?

If I do decide to use one, how do I set it up?

All valid questions my friend, If you want the answers to those questions, go ahead and Click On This Link to be taken to a page where we share with you all the info you need to see if using an A.I. Forex Trading Bot is the right decision for you.