techno19

Best Automated Forex Trading System – The Turtle Robot A Verified Track Record Of Millions In Profit

If you are looking for the best automated Forex trading system, you want real time verified performance in the market which has been audited and if you are like me, you will want to know thee trader who developed them is famous and know the logic and rules before you buy so you can have confidence in the system and that’s exactly what the Turtle trading robot gives you.

The Turtle trading robot is based on one of the most famous trading experiments of all time which took place back in the eighties. Trading legend Richard Dennis decided to show that anyone could win with a set of rules and confidence in them, so he got a group of people who had never traded before and taught them the Turtle rules.

This group ranged from a security guard to a kind fresh from high school and none had experience trading yet, they went on to make hundreds of millions of dollars and the top turtle trader made over $500 million!

These exact rules, have been programmed into the Turtle trading robot and anyone can use them. The gains you can expect depend on how much capital you start with and the risk you wish to take but on a risk of just 2% per trade you can target triple digit gains.

A good bonus about the robot is you can read all the rules and logic behind them before you buy, so you can have confidence in them for when you come to trade.

Most robots make laughable claims and present track records which simply look to good to be true and they are because, when you come to the track record, you find you have to rely on figures from the vendor with no outside check or the track record is a simulation going backwards, knowing all the closing prices!

If you want tom make solid long term gains without the hype, pick the Forex robot the serious traders choose to make them gains the Turtle trading robot which in our view is the best automated Forex trading system – check it out and see for yourself.

techno12

Would You Make Friends With Your Domestic Robot

Domestic robots could easily become part of our future landscape. As technology improves and people are more pressed for time, it’s really no surprise. In a January 2012 Persuadable Research survey, 67% indicated they would feel safe and secure with robots doing various tasks in their homes and furthermore, 70% would personalize their robots by naming them. Placing a name upon a robot gives one the sense that robots could become part of the family, in a way, perhaps similar to pets, but with an entirely different function.

Among those who would be willing to buy a robot, nearly half, 43% prefer that their robot be able to take initiative and suggest actions. It seems that people foresee robots as domestic helpers, but also as personal assistants. Imagine, if you will, a robot that takes commands by simply talking to it. It would learn from past tasks and even offer ideas or better ways to do things. If robots had emotions, 37% of respondents think they might even be able to make friends with them.

What would the perfect robot look and sound like? Panelists felt that the robot should not sound too young or too old and the voice should not be too masculine or too feminine, but it should definitely be more humanlike rather than synthesized. It should also look more human than machine and be more roundish than square. Additionally people seemed to prefer a more colorful robot as well as one that could have a more personal design. Lastly, a sense of humor wouldn’t hurt!

It appears that many perceive robots as a possibility and a natural extension of existing smart technology. It is easy to admit that, from the survey results, one could imagine a cadre of robots in fun Apple colors, much like iPods – except much bigger and definitely more expensive. So, what would you name your robot?

These robots would tidy up our homes and workplaces cheerfully. Panelists envision them being able to handle nearly any household task from cleaning windows, 45%, to scrubbing toilets, 41%. They are also being considered for moving heavy objects and providing security for the home.

techno6

Forex Robots Or Forex Courses Which Should You Choose

Is it better to follow an automated robot or buy a currency course? While many traders choose robots, they don’t work, for the reasons enclosed in this article. They should choose a course and here we will look at how to find the best ones.

The Forex Robot and Expert Advisor industry sells a message of spend a few hundred dollars and no effort but it’s a fantasy not reality.

All these systems lose and simply rely on clever marketing and made up track records so you need to pass them by and get a Forex course.

In Forex trading you need to make an effort and learn skills and there are plenty of courses to choose from but how do you find the best ones? Let’s take a look at some points to consider.

First make sure you get 100% money back guarantee if not delighted. Most reputable firms will give you this and you should look for one, with no strings attached i.e. handling or admin fees deducted.

Make sure the course offers you something that will give you a trading edge in your quest for profits; many simply give you an overview of technical analysis and you can get that for free anywhere.

A useful service is, if the Forex course vendor demonstrates the tools taught in the course in a live trading scenario, that way you can see how the tools are applied.

Look for unlimited email support, your buying a course not a book, so you want back up with your Forex trading education.

If you want to win at Forex trading, you need to learn skills, if the Forex robots worked 95% of traders wouldn’t lose, you have to make an effort and a good trading course, with the right Forex information and support, can cut your learning curve and lead you to currency trading success.

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techno7

Forex Trading Robots – Making Automatic Forex Profits With the Best Systems

Forex trading robots are more popular than ever and with the power of software programs back testing data has never been easier and there are many systems to choose from but how do you find a good one – lets find out… While there are many forex robots to choose from, 99% of them are junk and won’t make you any money. Why?

Because they simply have never been traded and normally come with the disclaimer below – most forex traders don’t read it, if you do, you will see why the vast majority fail in real time trading – here it is:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

So the seller of a forex trading robot can present any track record they like which they can simply make up! The problem of course is that as the system has never been traded, you have no idea if it will be profitable or not and the track record is worthless.

Traders should realize this by asking themselves this simple question:

If the forex trading robot is so good, why doesn’t the vendor trade it for real and if it does make such big gains, why is he bothering me for a few hundred bucks?

Well now you know the answer.

The vendor doesn’t real care if the forex trading system makes money or not – they are not relying on its profitability in the market, just the fact that they can make some system sales.

There are a few trading systems which come with real time track records – but even here you have to be careful, that you understand how and why the system makes profits, as you are going to have to be able to follow it through losing periods with discipline.

Forex trading can make you big profits but be careful of the forex trading robots!

Make sure it has a real time track record and that you know how it works and have the confidence to follow it, with discipline to achieve long term forex success.

techno2

Forex Robots Do They Work Are They a Scam Or Genuine Money Maker

Forex Robots Do They Work? – How Effective Are They For Forex Trading?

Many persons are posing the query Forex Robots Do They Work?. This query emerges because of the various positive feedbacks regarding how exactly some persons were able to create excellent quantity of cash within the foreign currency trading by employing 1 of those robots. However, you must additionally be careful as not all day trading robots are capable of serving to you to earn the quantity that you projected to get.

Forex Robots Do They Work? – Which Software To Use?

Of course some brands have few success rates in giving recommendations on which amongst the various foreign currencies are visiting improve its value. That is why you ought to continually be on the lookout for the finest brands within the market that’s competent of giving quality results.

Now going back to the query on do forex robots work, the answer is yes; however it is dependent on which product of trading robots you’re employing. There are additionally brands that can truly assist you earn income from a number of the short term trades by investing on the currencies that the software advises.

Forex Robots Do They Work? – What Information Can They Provide?

Most of those recommendations are primarily based on the previous trends and market behaviors. Because of this, it’s capable of producing quality analysis and recommendations which will really cause you to be earn from your primary investment. However, you cannot simply totally depend on these robots to the all of the trading for you. A few data regarding the market is additionally required in order to be really successful. These robots are simply your equipment to assist you within your foreign exchange trade; by automating the generation of knowledge which you can use for your analysis.

Thus, if you’re asking the query Forex Robots Do They Work? then you ought to understand by now that a number of these trading robots truly work. Of course, a number of them can even be configured to in an automatic way trade by itself; doing short term trades for you. However be wary that you ought to solely do that for short term trades as there are still a great deal of different external factors that may have an effect on the market which the robot is just not programmed to read stay away from permitting the robot do long term trading for you.

Forex Robots Do They Work? – Conclusion –

Thus, to finish our objective of finding the answers to the query on do forex robots work the final answer is yes they can work pretty well as long as you have the correct product with maximum quality in giving quality knowledge for your analysis; additionally as in giving reliable recommendations on exactly what and when to get and sell currencies that can create profits. Thus you can see that if you employ quality software you will have a positive answer to the question Forex Robots Do They Work?

techno12

ECN FX ROBOT uses is called scalping

ECN_FX_Robot is one in every of the most popular expert advisors for Metatrader today. This software program uses an automatic strategy to commerce the forex markets.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

Many of people, including ourselves have been struggling recently with making ECN_FX_Robot trade profitably. During summer time in northern hemisphere the Foreign exchange markets are often tough to trade, seasonal patterns will be one explanation to the poor efficiency many people is experiencing on the moment. Nevertheless, is there a approach that ECN_FX_Robot will be traded with profitability even in these occasions?

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

We decided to make an analysis of several ECN_FX_Robot accounts to see if these accounts would have been profitable if traded differently. We decided to solely have a glance at dwell accounts since they give essentially the most accurate image of precise performance. Our first conclusion from this analysis was that, with some brokers, often Market Makers with relatively excessive fastened spreads throughout Asian session, ECN_FX_Robot is unprofitable on the moment. There’s however a certain variety of brokers that can nonetheless trade FAPTurbo with success. We believe a few of those brokers are: Alpari, FXCM and FXCBS.

We additionally imagine that there may be a common consensus in the ECN_FX_Robot group that EURCHF and USDCAD is the best pairs to trade.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

Our hypothesis on this analysis is subsequently that: 1. ECN_FX_Robot can still be profitable with some brokers 2. To be profitable, buying and selling has to be strictly restricted to the opening hours of GMT 21:00 to GMT 22:59. 3. Only EURCHF and USDCAD must be traded with ECN_FX_Robot

In Foreign exchange terminology the strategy which the “ECN FX ROBOT” uses is known as “scalping”. It’s a hundred% legal, and and infrequently utilized by experienced traders to earn money by taking just a few pips revenue at a time. My scalping technique allows mainly worthwhile trades to be open for the explanation that Robot “knows” the direction of the price movements throughout the next few seconds. The question is only “how a lot” it makes. Sometimes only 1 or 2 pips. But occasionally even 10 or 20 pips in simply 1-10 as a lot as 60 seconds. So watch the trades fastidiously, because you may even not discover them! So fast is the “ECN FX ROBOT”.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

If you want to see the Robot’s functions, variables, and other parameters, “click here for details”. You will be surprised how good and precise it is.

techno5

Best Automated Forex Robot

Introduction
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Forex Robots are automated systems that trade the forex market for you. They are also known as expert advisors (ea’s) and can be referred to as automated trading software.

Advantages
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They are useful if you dont have time to trade the currency market on a daily basis. This is referred to as day trading and in some cases scalping. The automated software will can trade for you and make you profit provided you choose a good forex robot. There are reviews all over the net on the different robots available. Forex forums are a good place to look for information. The also reduce the stress day trading can cause and help aspiring traders who have discipline and emotion problems. These can both have a negative affect on trading. Fear and greed are eliminated when automated software trades on your behalf.

Disadvantages
———-
Some people claim that forex robots do not work. Of course not all work but there are a few that can produce profit provided they are used correctly. Factors that have to be considered are: Does the forex robot use a stop loss? You should never use a martingale system as this can blow your account in a single trade. It is also important to choose a broker who has a competitive spread on the pair that the forex robot trades on. Many systems look good in back testing due to slippage, spread and execution delays not being taking into consideration. It is a good idea to forward test the expert advisor before using it on your live account.

What to look for in a forex robot
———–
Make sure that it uses a stop loss. It would be an advantage if it runs on currency pairs with low spreads. Also check the time that the ea is active. Scalping ea’s that run during the quieter times are amongst the most profitbale and have little risk. Even scalping robots can bring big profits with small drawdowns.

Summary
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Forex robots do work, it is just a matter of back testing and forward testing untill the system is optimized to bring the highest amount of profit with the smallest amount of risk and drawdown. I use an ea on my live account that I have setup on a virtual private server and it brigns me great results everyday without me having to go through the stress that manual traders do.

Good Luck with your trading!

techno

Avoiding The Dangers of Trading With Forex Robots

Before purchasing a Forex robot you should be very well aware of the various drawbacks and not simply get excited from the promises of becoming a millionaire overnight. The opportunity of profiting with Forex robots is definitely there but one must first be aware of the dangers involved to be knowledgeable and therefore make a better decision.

Grid, Hedging, Pyramiding and Martingale

Knowledge in technical analysis does not seem to stifle the forex robot designers.

Indeed, there is more talk of hedging, matrix, pyramiding and martingale than about indicators.

Hedging is the act of opening a short position when it is a long, in order to gain when the market will head in the wrong direction. It is expected that one of the two positions will close with a win. So we ended up keeping positions for weeks hoping they become winners.

Matrices and grids are techniques that include open / close positions every 10, 20 or 50 pips. The danger is that when the market shifts a great deal, the robot must be fast enough to close or open all vulnerable positions.

For example, I knew a robot that used a grid trading system. The idea was that we defined a grid order to pass all 20 pips.

E.g. N is opened at a position of 1 lot.

At n + 20 it is closed with a gain of 20. No problem. This is compounded if 20 is not met.

If it drops below n, the position is reversed by opening a short position of 3 lots.

If the level n – 20 is not reached and it returns over n, we bought six lots.

If it drops below n or sells 12 lots, etc. each time the number of lots purchased or sold, double.

Grid System Trading – Number of Lots

We quickly reached 190 lots in all. As long as the spread is 1 pip, we already have 190 pips negative with the spread. If the spread is greater: Beware!

Presuming the robot cannot close positions in during sudden market fluctuations, we can definitely see the dangers this involves!

Pyramiding and average down accumulate position, either if we are winning or losing.

Martingales are techniques similar to those of card games that consist of doubling or even tripling your positions when you do not win. In this way you can very quickly reach important global positions.

Unfortunately vendors and robot designers will never share with you such information as their goal is to sell you their software and thus generate profit. Purchasing these kind of programs to trade on auto-pilot may sound very tempting, however one should be extremely careful in making the right choice and generate profits instead of losses.

techno18

Forex Robot Vs. Human Trader Who Will Win

Forex Robot vs. Human Trader Who will win?
Or is there any competition!
Can a Forex Robot out-trade a highly experienced human?
Can the Robot have the necessary intuition and savvy to ascertain when a trade is viable, or when to exit the trade?
A robot is mechanical in concept, its judgement calls are based not on emotion but on rational facts.
Admittedly the Human does have the ability to sense a good trade, the ability to instinctively know that the trade is not working out, the ability also and unfortunately to get it wrong.
Of course the Robot will not get it right all the time, but does this matter.
No, it does not matter and quite rightly.
What we ask of an Automated Forex Robot is that it maintains a forward and controlled slope upward of profitability. That it maintains a balanced approach to the trades, that it maintains a predictable money management and risk control policy.
The Robot does not suffer the problem of distraction, tiredness, the need for a break, and the lack of focus that comes from watching a computer screen endlessly.
The human trader may have instinct, intuition, savvy, experience and the ability to feel a good trade, but the Human is only Human, with all the foibles that this entails.
What I look for in my trading is profit in a controlled manner, the robot still will come up Trumps for this.
Of course, it depends on the Forex Robot, and how it is set up.
The Robot needs to be researched, demoed, and a plan formulated before going live.
I know from Personal experience that once you have reached this position, what is necessary then is to go live. Take note on my other articles on the website that state that this should be with the trading program hosted on a VPS host. We do need the program to remain live. We certainly do not want the computer to crash, hibernate; power down etc as sometimes happens with our personal computers and laptops.
Also, from personal experience it is vitally important to let the program run without human input. The desire to take a profit before the trade has reached its profit level always remains strong.
The program must take profits and must take losses.
What we must do is evaluate the results at the end of each 24 hour period. If it is making profit then our only decision is whether to increase the lots traded.
I, for one believe that the Robot will always beat the Human is terms of long-term sustainable profitability.
Please visit my website for further comment and updates re. The subject of Forex Robot Trading.

techno9

Forex Trading Robots – Why Most Automated Trading Systems Sold Will Destroy Your Equity

There more popular than ever and greedy investors think they are going to get rich quickly with no effort. The reality check is almost all robots will destroy your account equity quickly…

95 – 98% of robots I see on the net have not even been traded!

The track record has this disclaimer on it.

Look for it in the small print if you see it and read it you will understand why it probably will fail miserably:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.

then of course the statement that makes the track record no use at al in determining profitability:

Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

Now what is the logic of having a track record that has never been traded and what does it tell you?

Does it indicate anything about the profitability of the system – NO

Of Course it doesn’t and it’s a wonder that these track records are allowed to be used to sell to the public. Most of the time the traders buying the system don’t dig to deep and are generally trusting throw in some good copy and there soon buying the system.

I always read about how these forex robots are sold by ex bank traders etc – there not, there sold by marketing companies looking to tap into the huge market in forex trading products.

You can make money in forex but an automated trading system that has never been traded is not the way to do it. Let’s make one point clear:

Forex trading is NOT as easy as giving a few hundred dollars and buying success in a box – life isn’t like that!

You need to get the right forex education and do your homework – if you want to buy a forex trading system you can find some good ones with track records if you shop around – but never ever buy one with a simulation.

You could trying writing to the vendor and ask for his track record audited over say 2 years and see if you get a reply but don’t hold your breath.