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	<title>Online Trading Day &#187; Trading Robots</title>
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		<title>Trading Robots</title>
		<link>http://onlinetradingday.com/trading-robots/</link>
		<comments>http://onlinetradingday.com/trading-robots/#comments</comments>
		<pubDate>Wed, 23 Jan 2008 16:54:43 +0000</pubDate>
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				<category><![CDATA[Trading Robots]]></category>

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		<description><![CDATA[I have been asked by many of you about these stock , futures , and forex trading robots that are advertised on the web.
Even though I have never used one of these trading robot services, my personal opinion is that any trading system that is a black box , (a system that doesn&#8217;t let you [...]]]></description>
			<content:encoded><![CDATA[<p>I have been asked by many of you about these stock , futures , and forex trading robots that are advertised on the web.</p>
<p>Even though I have never used one of these trading robot services, my personal opinion is that any trading system that is a black box , (a system that doesn&#8217;t let you know how the stocks are picked) are not a good idea.</p>
<p>The problem with Black Box systems (or trading robots) is that they don&#8217;t teach you how to trade.</p>
<p>They hand you over their picks and you need to rely on the service to keep investing.</p>
<p>So even if the picks are making you money, what happens if the service stops one day.  You are stuck, with no future.</p>
<p>My personal theory is that I will not invest in anything that doesn&#8217;t educate me and further my knowledge of the market and trading</p>
<p>I want to learn how to fish so I can catch my own fish.</p>
<p>Sincerely,</p>
<p>Michael MeAngelo</p>
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