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Sunday, October 26, 2008

Forex Autopilot Review - Is it Really the Holy Grail?

By Jon Ferraro

I know that every forex trader must have come across the sales page for forex autopilot, by now. You see the figures that they are showing and all the money that they claim it makes. You are either like one of two people when you see this. Either you are the kind of person that says, this is garbage. I'm not going to waste my money on this. Or you are the kind of person that is drooling over your keyboard and getting ready to pull your credit card out. So which one is right?

Well, here is the real truth about forex autopilot. You will not become a millionaire by using it. You will not be able to buy a mansion in Hawaii with the money you make from it. BUT, when you compare apples to apples, its a pretty darn good trading robot.

You have to look at this from a realist's point of view. The truth is the vast majority of people who trade forex lose money. So how could a trading robot like forex autopilot make you a millionaire. It's just not possible. Once you realize that, you can judge it on its own merits.

The truth is with a proper money management technique, forex autopilot should be able to earn you 50-100% return within a year. I could imagine all the disappointed people reading that last sentence. I'm sure they thought that it would give them that much of a return in a month. But if you compare how the majority of traders fail at forex, you should realize what an impressive return that actually is.


To learn more about Forex Autopilot and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Autopilot review

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