Forex Robots - Promise Automatic Profits But Most Destroy Equity Quickly

By Kelly Price

All the Forex Robots you see promoting big profits online never deliver the same gains in real life and the reason is obvious but most traders ignore it buy one, trade and lose this is the reason why...

Look at the track records presented and then keep this in mind

You are being offered a better performance than the worlds top fund managers on huge salaries for about $100.00 and you are being offered money for no effort.

Sounds good? Of course it does but do you really believe it?

Common sense tells you its not true if it were the whole world would be trading and big trading houses would be full of automated Forex trading systems but this hasn't happened - Why?

Look at the track records the robots produce and you will see there not real money, there a test over back data and no more than a paper simulation. The programmer has all the highs and lows on paper and can relax and buy and sell, where he wants - it's no wonder they make such extraordinary gains - but the catch of course is:

When you trade for real, you don't have the huge advantage of having the prices in advance - you have to trade forward. Of course, this is when the robots are taught some respect by the market and the traders account gets wiped out.

So can you make money with a Forex robot?

There are some good real track records out there but unlike the simulations they have losing periods of a few weeks to a few months but providing you stick with them, you can make 30 - 100 percent gains per annum.

These robots won't make you rich overnight - but they can deliver you extraordinary gains over the longer term and if you find the right one you will be rewarded.

So forget the simulations and the heavily hyped Forex trading systems which have no evidence, in real time to back up their boasts and get a real one, learn its logic stick with it, view it as long term and it will reward you with big long term profits.

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