The efficiency of trading on the Forex market depends on many factors. For example, some traders achieve great success in currency trading thanks to the so-called trading advisors, which are in fact automatic trading systems. What is a forex advisor? And what is the efficiency of using automated systems for trading currencies?

Every Forex trader is aware of the steady growth in popularity of so-called trading robots, or systems for automated Forex trading. An automated trading system that would make your trading successful is rather difficult to find, although there is an excessive variety of trading robots on the market.

Let me start out with a question to all my fellow Forex traders and those who plan to start trading: How much time do you have to trade Forex? I am asking this question every trader I meet as the answer is usually somewhere between one to four hours per trade. Almost everyone has a day job they need to attend to in order to pay the bills. Many seek out Forex trading to boost their monthly revenue which is a great way to implement Forex into your overall revenue stream.