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2. Despite of the fact that Expert Advisors, unlike human traders, are not prone to emotions, the developers include their own mental attitudes in their programs. This results in a clear tendency to fix small profits and allow losses to grow.
The full text of the article was published on the website of Automated Trading Championship 2007 in the News section.
The Automated Trading Championship 2007 is organized by MetaQuotes Software Corp. and co-sponsored by ODL Securities Limited, Alpari (UK) Limited, FXDD and the popular TRADERS` magazine.