If your provider's costs are constantly biased to one side, it means that the majority of orders coming from retail patrons are coming from that side. Because the majority of retail investors are usually wrong, you might trade on the other side if the bias is on the purchase side, you might sell, and if the bias is on the sell side you might purchase.
The idea of Autopilot forex trading is decidedly an invoking one. After all, the main intention of a Forex Robot is to automatize the integral forex marketplace, countenancing you to trade in -- and create money -- without doing anything.
Unlike other investment markets, however, brokers in the foreign currency exchange industry don't work for themselves, they work for banks. These brokers are tasked with the duty of bringing together investors from all over the world so that they can trade currency at optimal values and without violating any existing laws.
You will have a foreign exchange system that works really well and brings in good profits, but since you cannot be online 24 hours per day to monitor all the currency pairs, you are certain to miss some trading possibilities. This is particularly true if you use short term day trading systems. But it is possible to automate systems by creating software which will apply them for you. This is how most of the present foreign exchange trading software came to be developed.
Find a good broker. A good broker is someone who is trusted and well-respected by the Forex trading community. Before you invest in a certain broker, talk to others that have invested money and see if they are satisfied or not. Good brokers will be registered with large banks.
