Common feautures in successful algorithms

 

From time to time ... it is said that only 5% of all FX traders are winning for a specified period.

If this is so ... my guess is that only less than 1% of all FX traders are earning on a regular basis.


In the long term, I don't think that there is a good trader or bad one ... but there is a good algo or bad.

So, I don't suppose that trader's feelings or experiences can lead to the long term success in trading business.


What are the common features of their winning algorithms according to you?