There’s been a lot of interest in Neural Nets and the application of this technology to Forex since Leo Trader Pro came along. Now, since most people don’t understand how this whole thing works, I thought I’d explain it in a little more detail. First and foremost, the one thing that you’ve got to understand is that you’re never going to actually get your hands on the NN Bot itself.
WAIT! Before you start panicking about this, let me explain why. You need some serious juice under the hood of your jalopy to crank this baby up to optimal performance. I’d wager that not 15% of the Forex enthusiasts out there have a rig that’s up to spec for running this kind of software. Not only that, you also need some massive bandwidth.
It’s correlating data from multiple sources, analyzing past historical data and essentially considering thousands of different combinations of actions before it even performs ONE. It’s like taking the decision making cognitive abilities of the human brain and stripping it of all other senses and emotions… it is single minded and focused on only one purpose.
Let me put it in another way. If you tried running this on your home computer, you wouldn’t even be able to check your email while it’s working? So, there’s actually only one way that you could theoretically use technology like this – the same way the Leo Trader guys are doing it.
You have the master bot sitting on a VERY powerful server with enough current flowing through it to power a small city …AND… here’s where it gets really interesting…How does the end user actually USE this stuff if you don’t ever have it on your own computer? It’s very simple but at the same time… quite ingenious. They use replicator bots for your local terminal!
How this works is that the EA you install is just receiving instructions from the master bot on the server. This means that the demands on your computer are next to nothing. All the actual “thinking” is done somewhere else, and your computer just gets shot a few bytes of data when it’s time to do something. This is cool for a whole bunch of reasons. Here’s my top 3:
1. Almost ZERO resource impact on your computer.
2. It makes it painfully simple for the end user to get this whole thing running, because, and think about this for a second, even I have no experience with Neural Nets. Do you REALLY want to take a shot at configuring this on your computer? I think not!
3. Security, Security, SECURITY! – It only takes one moron to spoil it for the rest of us, and you KNOW this always happens. Awesome new tech comes out, we all get a copy, and two minutes later it’s on ebay. That can’t happen here. It’s impossible for an unlicensed user to reap the benefits of this system.
Okay, so that’s pretty much it in a nutshell. Of course, it’s way, way more complicated than that but this is really all we need to know so far as it impacts us as users. If you haven’t checked out Leo Trader Pro yet, you can see it now!
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and currencies! Learn this powerful Fibonacci Retracement Method FREE that pulls 500+ pips per trade.