Why Automated System Trade?
It is often the human traits that make it difficult for traders to follow a system exactly. The main reasons for this are greed, fear and lack of discipline. For example, a trader may find it:

Difficult to take signals after a series of losses (fear)
He may be tempted to pyramid positions to make up for losses (greed)
He may be tempted to add to positions when he feels omnipotent after a series of winners (greed)
Or he may try and second guess the system and not take all the signals, which often leads to less profitable results (lack of discipline).

Computerized automated trading eliminates these problems as the computer immediately places an order on the market as soon as a signal has been generated.

Why is this happening now?

One reason is that the technology has gotten to the point where it is possible. Some forex brokers are giving developers the ability to program directly to their API (application programming interface) that carries the full functionality of their trading platforms ?the live price feed and use of a full range of order types.

Are you a Candidate for Automated Systems Trading?

Forex is a true 24-hour market, ideal for automated systems trading. Consider the following situations to determine whether you might be a candidate for automated trading.

Have you ever turned on your computer and found that a great trade happened right before you got there?

Your indicators lined up just perfectly ?but that was while you were sleeping or out to lunch.

Do you work (or play) during times when the market produces the best trades?

Do you live in a time zone where the market is not that active during your waking hours?

Does your trading method work with several currencies and in several timeframes, such as on 30-minute, 1-hour and 4-hour charts ?but you find it difficult to watch them all at the same time?

Do you occasionally get several signals at once but find that entering multiple trades at the same time is nearly impossible?

Shield-systems could be the answer if:

You want to expand your investment portfolio into stocks, futures or Forex (currency) markets
You do not have time to follow the markets yourself
You lack time or resources to develop your own system
You wish to diversify from your own trading techniques.