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What to Look for in a Legitimate Forex Robot

Diposting oleh Unknown on Rabu, 03 Desember 2014

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    Following the popularity of the forex robots, it has become easy 
for internet scammers to make a quick buck out of unwary buyers. 
Therefore, today, you should make sure that you look into a few 
prerequisite features of the best forex robot. Many traders, especially 
the novices do not know what technological features to look out for in 
their systems and therefore they part with a lot of hard earned cash to 
buy into an infamous forex robot scam. Therefore, this leads to the 
question of whether the robot is all it is believed to be in the reviews
 or whether all that is just mere hype. The truth is that the trading 
system has made fx trade better, faster and even more lucrative than 
ever before. However, you can only realize that if you buy the best 
system in the market, and then put it to full use.<br />
The forex 
market is the world's largest trade that involves many countries at 
once. It is so dynamic and so complex that even governments of 
respective governments cannot decipher the way it works. This trade is 
24 /7 and what's more, it is open to all people who are of legal age. 
This is the opportunity that many people look for, to make money round 
the clock. While before the advent of the trader software people used to
 make trades manually, they now just have to install the best software 
and leave it to do all the work while they smile all the way to the 
bank. However, the issue of the forex robot scam comes in, and suddenly a
 trader is pushed to wonder whether the currency market is all that it 
claims to be. The truth is that other people have made profits out of 
this business and therefore you too can make some very good money. But 
first, about the forex scams...<br />
Just how much of a scam is this 
robot? Many traders who are making a killing out of this would like to 
make you believe that the whole thing is indeed a scam so that you do 
not make any money for yourself. The good news though is that now you 
have an opportunity to try it out for yourself. If it was a scam, there 
would be no scramble for the robots then, would there? Do not buy 
without a demo because you might be scammed indeed. However, how good is
 the demonstration while it could have been made to give just the right 
results when you need them? Experts will tell you that when you are 
buying a trading system, you should not worry much about the real time 
results but you should be looking out more for the past trading, many 
sellers would like to make you believe that the real time results are 
most important but they are not.<br />
With many EAs in the market, some
 of them are real bad, a true forex robot scam, and they are not worth 
anything in the very demanding and complex forex trade. Therefore, what 
you have to do is to make sure that you buy just what is right. Ask for 
proof that the system you have in mind does really work. Lookout for the
 long term advanced FAPTurbo strategy as that is most important. It 
should also incorporate the short-term scalping strategy. The good news 
is that you can get a good expert advisor that has both of the 
strategies inbuilt. Find out about the technical support offered behind 
your robot. The last thing that you want is to have to work with a 
system which you cannot get support for to get out of any hitch should 
you hit such. It should also have room enough to allow you to get on to a
 forum where you can exchange ideas with other fx traders from all over 
the world.<br />
Before you buy, make sure that the broker allows you to
 trade with free money. Many of the traders who lose money on the robots
 are the ones who do not take enough time to prove that indeed a certain
 system does work. However, the good news is that you should be able to 
prove this easily. One thing that you should realize though is that the 
forex system has its bad days too. Not every will you make profits. Just
 like any other trade. Sometimes there are losses. And that is exactly 
why you should consider a low drawdown. This simply means the total 
percentage of the loss that the software experiences before it can peak 
up again and start making the profits.<br />
Whenever you go to buy a 
new trading program, you should buy with the idea in mind that it's true
 that there is a forex robot scam. The good thing is that majority of 
the EA systems on sale, are credible. Should you get a good software and
 combine it with your trading experience, you will never regret.<br />
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Following the popularity of the forex robots, it has become easy for internet scammers to make a quick buck out of unwary buyers. The...

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The Pros and Cons of Forex Robot Or Expert Advisor

Diposting oleh Unknown

<div id="article-content">
    There are over $3 trillion dollars transacted daily in the Forex 
market. One may think that the chances of getting a huge profit should 
be pretty high. But studies have shown that about 5% of the traders are 
actually making significant & consistent profit. This means that 
naive traders with no knowledge of Forex market and gamblers will find 
it tough to survive here. So where do Forex robots (Expert Advisor) come
 in? Are these robots capable of bringing the huge profits it so 
claimed? First, we need to look at the pros and cons of using such an 
automated system in the Forex market.<br />
Disadvantages
<br />1. The robot needs to run on a computer or a VPS (Virtual Private Server) 24 hrs a day in order for it to perform properly. 
<br />2. Most software work best on brokerage firm that can offer currency
 pairs with tight spread. Therefore, it may not be suitable to run on 
every Forex account on Metatrader trading platform. This may limit your 
earning opportunities.
<br />3. Most of the software is written specifically for one currency 
pair only, although there is some that could run on multi-currencies 
pair. Reason is because there is no single mathematical formula that 
works best for every currency pair.
<br />4. Manual intervention of the robot during trading may cause it to malfunction and turn into losing trades.
<br />5. Most robots do not trade on days of high volatility.
<br />6. The robot does not have the data that are non-programmable. 
Hence, a trader must always look at the bigger picture. Important Forex 
fundamental data such as economic news and political environment may 
affect the Forex market. 
<br />7. Newcomers may use Forex robot for the wrong reason. They may 
think that because it is an automated trading system hence there is no 
need for them to know anything about the Forex market at all.<br />
Advantages
<br />1. Forex robot can trade for you 24 hrs per day without food or sleep. 
<br />2. It free up your time to do other stuffs instead of you looking at the computer screen all day.
<br />3. The robot operates on a set of instruction. There is no greed or fear like a human do.
<br />4. Most robots come with parameters that you can configure and fine tune.
<br />5. Forex Robots is able to do data analysis quickly and effectively.
<br />6. New traders do not need to have in-depth knowledge of Forex market but some basic knowledge of the Forex market is required.
<br />7. Most robot developer offer help support and also 60 days money back guarantee of their software if you are not satisfied.
<br />8. The expert advisor has a plan and is consistent in carrying it out. 
<br />9. A few Forex robots can monitor many currency pairs at the same 
time, giving you many more trading opportunities than the manual 
trading.
<br />10. Automated trading is a lot easier as the robot has taken over most of the tasks of the manual trader does.<br />
In
 summary, Forex robots can perform trades with greater accuracy and work
 for you 24 hrs a day. They can trades for you even in your absence. 
Almost all robots allow you to perform back testing to prove that they 
really do work. They help to save you time so that you can do other 
important stuffs like improving your skills further. On the other hand, 
although Forex robots can help you find winning trades, but they do come
 with some risks and short-comings. Most of these robots are optimized 
on a particular currency pair. If you need to trade more currency pairs 
you have to buy additional robots. Trader must also look at the bigger 
picture such as the fundamental data and news that may affect the Forex 
market.<br />
Undoubtedly, Forex robots are definitely getting more 
popular in the Forex market. Thus the probability of finding the right 
robot becomes more difficult but it is not impossible. As mentioned, 
there are pros and cons in using Forex robot, individuals should choose 
carefully. These will ensure that you will continue to enjoy trading the
 Forex market.<br />
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There are over $3 trillion dollars transacted daily in the Forex market. One may think that the chances of getting a huge profit shoul...

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Forex Trading Robot Fap Turbo is Illegal

Diposting oleh Unknown

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    Is FAP Turbo illegal?<br />
FAP Turbo is an outcome of the 
challenge made by Marcus B. Leary, the creator of Forex Autopilot. The 
challenge was that his Currency Trading Robot, Forex Autopilot system 
cannot be overtaken by any softwares in regard to foreign exchange 
Trading. The wiz kid trio, Steve, Mike and Ulrich have proved Marcus 
that their programming and analytical abilities on the currency trading 
front, to create the most successful Automated Forex Robot FAP Turbo.<br />
Unlike
 other Currency Trading Robots, FAP Turbo distinguished itself with 96% 
success rate in spotting the winning foreign exchange trend signals in a
 LIVE account. Unlike many other automated FX Robots, including Forex 
Autopilot, which have had more success only in Back Testing.<br />
The 
other advantages of automated Robot FAP Turbo in Forex Trading is that 
it does not require any previous experience to trade in Forex. The 
income from foreign exchange market is totally generated on autopilot, 
without any sort of human intervention. FAP Turbo can also be hosted on a
 web server, which ensures 100% autopilot stream in Forex Trading.<br />
The
 cash producing power of this automated Forex trading robot FAP Turbo, 
started stealing the profits of Currency Trading Brokers. 
Understandably, with reasonable worries the top CEO's of highly reputed 
FX Trade Broking Firms have claimed Forex Robot Fap Turbo as Illegal 
Trading Software.<br />
However, the truth is FAP Turbo is the first 
real money Forex trading robot running on autopilot and generating 
income from Foreign Exchange Trading. Due to overwhelming demand for 
this Currency trading software, the price of the product is expected to 
rise three folds from $149 to $399 within a week. As brought out in the 
above facts, Forex Trading Robot FAP Turbo is the real deal and not just
 a claim. It is the most profitable Forex Robot in existence on date.<br />
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    More secret strategies in Forex Trading using Robots and 
particularly FAPTurbo is revealed at ForexRobotFapTurbo.com 
[http://www.forexrobotfapturbo.com]. These Forex Trading Strategies are 
abundant resources that can transform anyone as a Super Successful Forex
 Trader, even if you are unheard of the term Forex. So, visit the 
Automated Forex Trading Resources [http://www.forexrobotfapturbo.com] 
and produce more Forex cash.<br />
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Forex Solomon Robot By Rita Lasker Review - It Makes 1-2 Trades Per Day Netting 40-100 Pips/Trade!

Diposting oleh Unknown

<div id="article-content">
    Rita Lasker is an accomplished forex trader who is in love with 
forex trading. She has released her latest forex robot that she has 
named the Forex Solomon Robot. This robot makes 1-2 trades per day 
netting about 40-100 pips per trade.<br />
Many people think that robots
 are not good rather they are dangerous. This is generally true if you 
are dealing with a robot that has been developed unprofessionally. Most 
of these robots don't have any mechanism that protects the account from 
monetary losses. Most of them infact are not safe for trading.<br />
But
 a professionally developed robot can be a powerful tool in your trading
 arsenal. Forex Solomon Robot has been developed by a team of 
professionals led by Rita Lasker. This robot adapts and learns from its 
mistakes and consistently gets wiser. Rita calls her robot a, 'Wiseman".
 It uses a new technology that Rita calls S.T.T ( Self Training 
Technology) that constantly learns from the past mistakes.<br />
Suppose,
 you are trading with a dishonest broker, Now, most of the brokers are 
pretty dishonest. If you have been trading forex, you must have 
discovered it by now. They have many tricks up their sleeves that can 
turn your winning trade into a losing trade. So, let's suppose the 
broker is using any one of the following tricks;<br />
1. Quotation filters that don't display all the market quotes.
<br />2. The broker is randomly expanding spreads.
<br />3. The broker is re-qouting all the time especially during the peak activity so that your trade cannot be submitted.<br />
Forex
 Solomon Robot has been developed by Rita Lasker to deal with all these 
tricks and others too. It will constantly readapt itself and accommodate
 all broker activities. This robot can work with any broker as long as 
it is the MT4 platform. It installs in 5 minutes.<br />
It can make 1-2 
trades per day and make on average between 100-500 pips per week. 
100-500 pips per week means 400-2000 pips per month. Now, this is not 
bad as the robot trades in a very safe and low risk manner. Rita Lasker 
used it to trade the GBPUSD pair with a deposit of $5,000. In six weeks,
 Forex Solomon Robot made a profit of $12,561 on this $5K deposit.<br />
Rita
 Lasker is giving you full 30 days no questions asked money back 
guarantee to try her Forex Solomon Robot. You can test it RISK FREE for 
30 days on your demo account. Good Luck!<br />
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Rita Lasker is an accomplished forex trader who is in love with forex trading. She has released her latest forex robot that she has n...

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How You Can Write Your Own Forex Trading Robot For Free

Diposting oleh Unknown

<div id="article-content">
    You have probably heard about Forex trading robots. You know 
about how profitable they can be and the extreme amount of money they 
can make you very quickly. People can make money so quickly using Forex 
robots that it seems everyone is giving it a try. And with good reason. 
The ability to make money very quickly has never been seen in any other 
trading markets until now.<br />
Did you know that you could write your 
own foreign exchange trading robot absolutely free? Well, you can, and 
you can do so with a trading platform called MetaTrader. MetaTrader is 
one of the most popular Forex trading platforms available today. The 
majority of brokers allow you to trade for MetaTrader, and many of them 
use MetaTrader as their primary trading platform.<br />
The beauty of 
MetaTrader is that you can write your own Forex trading robots, or as 
they are called in MetaTrader, expert advisors. Expert advisors watch 
the market and enter and exit trades based on certain criteria. The 
great thing about expert advisors is that they are completely 
customizable. You can use expert advisors that other people have written
 and have proven to be profitable, or you can simply write your own.<br />
You
 might think that writing your own expert advisor would be difficult. 
Well, it does take a certain amount of learning, but once you get the 
hang of it is not that difficult at all. MetaTrader also allows you to 
practice your expert advisors to see how well they would have performed.
 And you can run these expert advisors in a demo or live account 
absolutely free as long as you are trading with MetaTrader.<br />
But if
 you are not the technical kind, and you want to make money in the 
foreign exchange right now, then you definitely want to use Forex 
trading robots that have been written by professionals and have been 
proven profitable year after year. And if you're going to buy a Forex 
trading robot, you want to buy the best.<br />
   </div>
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    My suggestion would be that you take a look at FAP Turbo</div>
<br />

Article Source: http://EzineArticles.com/3560448

You have probably heard about Forex trading robots. You know about how profitable they can be and the extreme amount of money they ca...

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Becoming a Forex Robot Builder

Diposting oleh Unknown

<div id="article-content">
    If you are an investor with loads of experience, but unfamiliar 
with automated Forex trading, here's your chance to not only learn the 
ropes, but also apply all of your experience to the development of your 
very own trading program! Don't worry if you are unfamiliar with 
programming or writing algorithms. If you have a basic idea of how the 
market works, and what you would do in different market conditions, you 
are ready to create your very own Forex robot.<br />
<strong>Learning to build forex robots:</strong><br />
Steve
 Fleming, founder of AutomatedTradingSoftware.com, is proud of his 5-day
 free course on building a Forex robot. According to him, the Metatrader
 platform offers a very easy solution to all those investors who have no
 knowledge of programming or script-writing. Through his course, 
thousands of investors have benefited. Apart from Steve Fleming, there 
are several other people who offer code-building applications, Java 
Applets and what not for investors to create their own EAs without 
having to shell out any money or depend on anyone.<br />
<strong>Experience - an added advantage:</strong><br />
Once
 a person has understood the different elements involved in robot 
trading, it is extremely simple to construct one's own automated trading
 system. Seasoned investors in general have a good grasp of the nuances 
of the currency market, the different crises that could arise, etc. This
 will enable them to apply their knowledge to the development and 
testing of newer and newer bots, that will progressively be more 
aggressive and smart than their predecessors.<br />
Of course, knowing 
something about software development or programming will definitely be 
useful. It also helps to look at robots created by other people, and 
study the strategies and codes they have implemented in their software. 
Once the underlying strategy has been identified and understood, it can 
be worked upon and improved in many different ways.<br />
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Review Of Forex Autopilot Robot Trading Systems - How To Spot A Forex Software Scam

Diposting oleh Unknown

<div id="article-content">
    Forex autopilot trading software offers robot-driven automatic 
trading of the forex market. Creators of these automated forex trading 
systems claim you can make easy profits with very little time invested, 
and without having to understand complex algorithms. In this review, I 
will show you how to determine if forex autopilot or robot trading 
systems are legitimate or scams.<br />
First of all, any forex trading 
system software that guaranteeing easy, consistent profits is an 
outright scam. The forex market, like the stock market, consists of too 
many random factors. Anyone promising to be able to read the future like
 a fortune teller is a liar. Forex trading is similar to gambling. But 
what successful forex robot systems can do, is boost the odds slightly 
in your favor. Then, there will be a slight probability that you will 
make money over the long run.<br />
However, past success is NOT an 
indicator of future success for a forex autopilot trading system. 
Scientifically speaking, this is because the forex market has "no 
memory", that is, the future and past are unrelated. Just because an 
advertisement shows you an incredible "historical track record" does not
 guarantee future success. This is why legitimate forex robot trading 
systems will have a disclaimer that there is NO guarantee of profits and
 that the product is for educational purposes only.<br />
This leads to a
 problem, though. When you purchase a forex autopilot trading system, by
 agreeing to their terms of service, you have given up all rights or 
guarantees for a useful product. They can now sell you COMPLETE junk, 
and since you agreed to take the risk, there is nothing you can do. Make
 sure that you can at least get a refund if you are not satisfied. 
Furthermore, try to search for reviews of specific forex software online
 before you make a purchase.<br />
In summary, just because a forex 
robot trading system made profits in the past does not mean it will make
 profits for you in the future. You should be very wary of forex 
software promising profits, as the random forex market is impossible to 
predict. Make sure you read reviews of forex autopilot trading systems 
before you make a purchase, or at least make sure you can get a refund 
if you are not happy.<br />
   </div>
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    Instead of hoping someone will give you a hands-free, mind-free 
way of making money in the forex market, the best investment is learning
 yourself how the forex market works. You will not be scammed if you 
understand and test the forex market yourself.</div>
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Forex autopilot trading software offers robot-driven automatic trading of the forex market. Creators of these automated forex trading ...

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