Forex Trading Robots - Big Promises of Profits But the Reality is Quick Losses

By Sonia Kristina

Most forex trading robots make big promises yet they have a problem delivering them and the reason is obvious and enclosed...

You've seen the track records - huge gains and hardly a loss along the way and you can have the key to financial freedom for about $100.00! Now these track records have a real problem and it's the following:

The track record is not normally real money the system has made trading but a back test KNOWING all the price history before the system track record is produced. Could you make money by simply going back and making up a track record? Of course you could.

Look at the small print and you will see in the disclaimer the worlds "hypothetical" and "simulated in hindsight" These back tests have nothing to do with making money in the real world and it's no wonder that users experience a string of losses, that leads to an eventual total wipe out of equity.

You will see a lot of people saying they have made money and how good these systems are - but these of course are online marketers, selling the system as an affiliate, so a bit biased! so ask for their account statements as proof - sure you wont get any.

The Reality of Forex Trading

Forex trading is a brutal game 95% lose and 5% win and the traders using forex trading robots end up in the former group of losers. If it looks to good to be true, chances are it is. This applies to getting financial freedom for $100 and no effort with an automated forex trading system.

If You Want to Win

You need to understand that you can win anyone can and you will be rewarded for your effort but it's not easy and of course, its not as 95% of traders lose!

The good news though is if you learn the basics and get the right forex education you can win and make a lot of money and be well rewarded for your efforts.

Forex trading can reward you and give you a great second or even life changing income - but if you think you will achieve it by, following a simulated track record and making no effort - think again.

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