| Automated Forex trading programs are rising in | | | | nonetheless beware: not all robots are created equal. |
| popularity; of course, as with any method that claims | | | | Even a robot created by a Forex expert isn't |
| you can make money with minimal effort, some | | | | guaranteed to be as successful as that same expert, |
| people hold on to their preconceived notions that such | | | | and even the most experienced experts hit pitfalls |
| programs couldn't possibly be anything but scams. | | | | now and again; the same holds for even the best |
| However, there are enough success stories to prove | | | | robots. |
| the naysayers emphatically wrong: Forex trading | | | | Nonetheless, even a beginner can turn a profit with the |
| programs are on the rise not because of deceptive | | | | use of a robot armed with expert knowledge and |
| marketing, but because they work. | | | | strategies. Even professional trainers use robots to |
| These Forex "robots" make trades on the Forex | | | | take much of the drudgework out of market analysis. |
| market for their users, making money for them in the | | | | Like any software tool, robots have evolved over time, |
| process. All a user needs is a computer that they can | | | | and the current apex of this evolution appears to be a |
| leave running: the software makes all the decisions, | | | | program called Forex Megadroid. Megadroid |
| while the user spends his or her time with other tasks. | | | | incorporates advanced AI that adjusts itself to |
| Forex robots are capable of considering far more | | | | changing conditions and the Reverse Correlated Time |
| information at once than any human; a well-written | | | | Price Analysis (RCTPA) system that can predict |
| robot can make much better and informed decisions | | | | market changes several hours in advance with |
| than a human trader, identifying and acting on trends | | | | startling (over 95%!) accuracy. It was developed by |
| and reversals hours in advance. A human trader has | | | | Albert Perrie and John Grace, professional traders with |
| to sit at their computer all day, monitoring market | | | | nearly four decades of Forex experience. |
| fluctuations for hours at a time; a single missed trade | | | | Most robots base their decisions on past market |
| could result in money lost. Once upon a time, this | | | | conditions; Megadroid is the only robot that takes this a |
| meant that a trader's success was proportional to the | | | | step further, using its predictions of future market |
| amount of time they were able to spend putting the | | | | conditions to assist in deciding what and when to trade. |
| market under the microscope, but the advent of | | | | In the fast-changing Forex market, this feature gives it |
| automated trading robots has changed this. Now, | | | | a decisive edge in accuracy. Thus far, Megadroid has |
| anyone who can use a computer and follow simple | | | | lived up to its claims of incredible predictive accuracy |
| installation instructions can trade like an experienced | | | | and thus profitability; the future of this software is still a |
| professional, even if their understanding of the Forex | | | | blank, but there's no time like the present to turn a |
| market is nonexistent. But the buyer should | | | | profit with it. |