Forex Day Trading and Mechanical Automation

'''►► http://ForexAutopilotSystem.org -''' I got an interesting email today asking me about a particular futures trading system. The writer wanted to know if the system was fully mechanical and automated. I should point out that there are automated or "black box" trading systems employed by large hedge funds and other large trading groups, but I have never come across a fully automated trading system suitable for individual traders seeking to day trade the futures markets. Of course, there are a slew of Forex robots on the market today, and the results from these robots have been mixed, at best. In my opinion, this type of question regarding futures day trading is the result of a spillover effect from the Forex trading cabal. But I think that this request reflects an even deeper question being considered by new traders that are entering the futures markets. What sort of question do you think I am considering? It's the old goose that lays the golden egg story. In my opinion, the great attraction of Forex robots is the lack of accountability the trader is forced to shoulder. After all, if you have a machine that simply works day and night to create money, why wouldn't everyone own one? The answer to this question is fairly simple, there are no geese that lay golden eggs and there are no Forex robots that consistently churn out fantastic profits. It would be a wonderful thing if there were trading machines that could consistently make profitable trades, just as it would be a great thing to own a goose that lays golden eggs. Unfortunately, day trading doesn't work that way because the market moves in a variety of methods that makes low-cost trading robots impractical to produce. Nor are there any strictly mechanical methodologies that will consistently churn out an endless stream of profitable trades. No matter what methodology you employ in your trading, you will always be faced with subjective choices as to the merit of any trade under your consideration. At this point in our technological progress, we ...