Which Forex Robot Has The Best Results And Easiest To Use ?
Posted by benny in Barebone PC on December 6th, 2009 | 3 responses
Im still confused on which Robot to get to start Forex trading. If anyone has any experience, I would love hear any pros and cons.
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3 Responses to “Which Forex Robot Has The Best Results And Easiest To Use ?”
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The Federal government warns there are a lot of Forex frauds out there, and these Forex robots appear to be one type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.
There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. You might meet a person called “Zboy227″ who says “I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227.” The “/Zboy227″ tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.
Take a look at Bob J’s website. If you click on the link for Fapturbo, you can see that he is sending you to the site http://www .fapturbo . com/?hop=gannon6 The “/?hop=gannon6″ means he gets a commission if you buy Fapturbo.
There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.
I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words “forex robot” and “scam” you will find a lot of sites saying their competitors are scams.
I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.
FOREX Trading is based on the understanding of the markets fundamentals and technical movements…once you follow these, the basic structure of trading will allow you to give an decision on which direction you need to move..
A Good Forex Mentor is a MUST to get you started. There are lots of softwares and information available online and you can be lost with it.
The Idea would be to follow and believe ONE mentor who is a Trader himself.
But recently I came across a site, by Forex Mentor Albert Perrie
& John Grace and its look like their results are very impressive. So I joined the bandwagon and figured out they provided me more than I had learnt. I m very impressed with it Nothing wrong in checking them out at http://www.juliuspwoods.com
There are few ways to use a robot successfully, but you have to be smart and use it properly. Use it with a real account and unleash it when you think the market will respond to automated trades, stable points in the day…..
i do this all the time, and it saves time and effort, but most people just give it all of there money and walk away, then it is the wrong time to have it out, and they lose their money….
Forex Robots are like Boats, it has to be a Calm day……then they kill….