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Wednesday, September 24, 2008

Forex Automated Software - Why Do They NEVER Produce the Gains They Claim When You Trade Them?

By Kelly Price

You have seen the ads $100 get you an income for life 90% accuracy and you get financial freedom and never have to worry again however the reality is very different for one specific reason...

The track records look great but there not real and that's the catch.

It always seems odd to me, someone can claim they can make you money, when the only evidence they have is a simulated track record on past data.

Let me ask you Question:

I am going to give you all the data for say the last 10 years, so you know EXACTLY what prices have done. Now go and execute trading signals and buy and sell wherever you wish and see if you can make a profit - Could you do that?

Sure you could, anyone could - but the problem is, in the real world you DON'T know the price in advance and of course trading then is much harder.

It's hard to believe that people take these track records seriously but they do. Normal sensible, people, n everyday life, let their greed get the better of them and fall for the clever copy, buy the system and then they get taught some manners by the market.

The systems may sound convincing but if everyone could get 7 figure income profits for an outlay of a night down the bar, no one would work and everyone would be a trader.

So if you are thinking of investing $100 or so in a forex trading system with a simulated track record, take my advice - spend the money up the bar, at least you will get some enjoyment for your investment.

You Can Make Money Though!

Of course you can but like in all areas of life where there are big gains to be made you need to put in some effort.

You need to learn the basics and get confidence in what you are doing. Forex trading offers incredible rewards for people who are prepared to work hard, so get the right forex education, be sensible and you could make a lot of money.

You get nothing in life unless you put in effort and no expert forex trading advisor is going to lead you to riches. Ignore the hype, do the work you need to and enjoy currency trading success.


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