The goal of every newbie in the world of trading is to become a professional trader in the stock markets and in Forex. For this reason, Juan Miguel Hernández explains how to get it at the Trading Mastery Summit.
The conference day of the summit culminated with topics focused on success stories in the world of trading. Also with demonstrations by expert traders, talking about the feasible operation of all tactics.
The Trading Mastery Summit culminated successfully, breaking records in the world of massive number trading conferences. Around 16,000 people connected daily in virtual conferences.
A professional trader who trusts the future
Juan Miguel is an expert trader with a 12-year track record in his career in the world of stock markets and Forex. His current focus is on currency pairs, gaining his expertise in the area.
For Juan, the common mistake of traders is based on getting too carried away by the trader’s psychology. They get too involved in managing operations, reaching levels of sticking to the screens where their operations are captured all the time.
However, Juan explains that you don’t need to be aware of every move in your portfolio. Much less when the world of technology provides useful tools for traders, and thus become a professional trader.
Profitability assured through automatic trading
Technological advances and Artificial Intelligence have reached the area of the stock market and Forex alike.
Juan explains that part of his trading strategies, which have allowed him to be successful, go hand in hand with working together with “trading robots”.
Well, a trading robot is automated software that integrates with trading platforms to make Forex operations fully automatically.
This is based on guidelines and functions that are introduced when starting the period of operations.
Those who consider themselves the best trading robots have a series of pre-established rules in their configuration. These rules are: currency pairs, time frames to use, and indicators.
In this way, Juan explained that his way of becoming a professional trader and achieving good performance in his operations was interconnecting his work with said automated software.
Advantages of automation software to become a professional trader
For Juan, the main advantage of a trading robot is that it is not affected by the emotions of the trader’s psychology.
Also, it does not make those mistakes that commonly cause operations to fail. Such as investing too much to recover from a previous failed operation, or buying in the same way.
These programs do not act on impulse and Hernández explains that this is the key to achieving success in operations. It is based on not being carried away by impulses.
Furthermore, robots learn from their mistakes and look for entry and exit signals in the market in which they operate. Focusing on long-term profit opportunities and portfolio benefit.
With a clear strategy previously defined, the robot can be guided by suitable parameters that will optimize time.
However, Juan explains that, like any machine, the system is not perfect, and that the last push to perfection occurs when the trader manages the knowledge and training necessary to understand the stimuli and signals of the market.
A machine / human balance is the key to success, according to Juan Miguel Hernández. Well, consider that this is the way to become a professional trader.
Trading Mastery Summit: July 27 to July 30
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