Forex Robots - If They're So Good Why Don't Serious Traders Use Them?

By Sonia Kristina

I have been a trader for 25 years and the forex robots sold online make me laugh. For 100 bucks or so, you are supposed to be able to generate an income for life. The reality is most will wipe you out and do it quickly, here's why...

The bulk of forex robots sold, place heavy emphasis on the fact they have a simulated track record that makes money, well if I have all the closes and can simply make up a track record, I would be very rich. Of course in the real world, you don't get this advantage.

Where is the Proof of Profitability?

So you have a tool that claims to make money but never has hardly inspires confidence does it and its offering you financial freedom for life for the price of a good night out, doesn't add up to me.

They don't Work Because...

The track records are not just track records though - there exceptional and beat many of the fund managers I know on hundreds of thousands or millions a year.

So why hasn't the bank sacked them all and put a robot in there place?

If you have understood what I have read so far you will understand why, they don't work in the hard, real world of trading.

There are some forex robots that work but there not the ones you see heavily advertised with hyped copy of guaranteed profits.

Get the Right Education and Win

Of course you can make money forex trading and a lot of money - but a cheap forex robot, with no evidence of success won't do it for you.

They all have vicious, confrontational names like there going to take on the market and win but they don't, they get smashed.

If you want to win at forex trading get the right forex education, be realistic and keep your feet on the ground.

No other investment gives you such huge profit potential for the effort you put in but you have to work to make money, just like you do in most areas of life.

Leave the forex robots to the dreamers and greedy traders and get the right forex education and get on the road to success.

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