
Forex Robots – Scams or road consistent profits?
face it if you could make money with all The Forex robots you see, all traders and the world would not bother to work.
After all you pay 100 and make a three-digit income, then you do not need to go work. In addition to banks dealing bag he teams (on the seven-digit salaries) than a hundred buck robot is better (according to history) and reduced wages considerably banks.
Now, none of the above actually happened, I know many traders and they not use one hundred robots Buck and I know a lot of bank dealers whoa re still in their work earn seven figure salaries and bonuses. So why everyone does not go into the Forex Trading Robots and why are they sold? Why vendors sell them when they make so much money.
Now, a scam to me is when someone takes your money and give you anything and Most Forex robots I do not see so they can not be considered scams. They give you something to describe it and its yours if you buy it – it's not really a scam and a lot give you your money.
The main problem is when you understand, the money and will be eager to put your feet, play golf and leave the work to a robot? The answer is no, not with spam I see for sale, because they all have problems that can be summarized in this statement:
"The performance results CFTC RULE 4.41 – Hypothetical or simulated have certain limitations. Unlike an actual performance record, the results Mock not represent actual trading ….. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is made that any account or is likely to achieve profits or losses similar to those presented.
Search the promotion system and you'll probably see.
This is easy, we can all do paper money known data on prices, but you have to trade forward in the real world and you can not spend money on paper.
Typically, these systems forex trading review data on prices and then keep bending the rules until they have a profit.
The problem is the following:
No two weeks of data are never exactly repeat again, which means losses, the rules have been bent to fit the snapshot.
It is the fault and you get many forex trading robots that are intelligent and lose because they do it and it obviously will not see the same results again.
Once I made the mistake of buying one built by a former employee of NASA and never noticed it had never made money real, I was impressed with a man who had helped the man walk on the moon on my side!
What happened to my shares?
The system destroyed in a few weeks and this system cost me $ 10,000 dollars in 1991! Ouch.
So are scams Forex robots?
No – they give what they say and it is a system that works with hindsight – it not deceive you, they give you warning, if you decide to take, then that's your choice. Many of you give your money, but it is not really good if you have destroyed the market.
There are very few forex robots with track records that are real 3 years or more and you can find them, but most come with a history of simulation and you must decide if they will make real money. Me? I think I'll give them lack even if they have worked for NASA!
About the Author
NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL Forex Trading Course
For free 2 x trading Pdf’s, with 50 of pages of essential info and more on Forex Robots visit our website at: http://www.learncurrencytradingonline.com.
Forex Heiken Ashi Bars and Price Action Channel Indicators






