| Everyone who is anyone wants a piece of the Forex | | | | Even the best robots will lose as the Forex market is |
| market these days. Its popularity is surely as a result of | | | | not based on maths. A number of Forex robots are |
| its all day access, as opposed to the restrictive hours | | | | made by computer programmers and maths wizards, |
| of the stock market. It is more accessible, and with | | | | not necessarily market experts. |
| some brokers accepting initial capital as low as 50 | | | | So clearly, the best Forex robot to purchase is the one |
| dollars, it is not an elite market. | | | | that provides the least draw down. Some robots out |
| Forex robots are now quick and very easy to install, | | | | there have a draw down of over 40%! Even if it has |
| various experienced traders taking advantage of the | | | | an accuracy of 95% in trades you may still lose out in |
| market's ever increasing clientele. All of these robots | | | | the long term. Its wins in trade may only be tiny, |
| offer a massive return on investment, but what you | | | | whereas each of its losses might be 40% of your |
| should also focus on is the issue of draw down. Does | | | | investment or more. |
| your robot cut draw down or is it a major drawback | | | | You should be looking for a robot that offers a 10% |
| for you? | | | | draw down rate or less. One of the latest robots on |
| Draw down is essentially the largest amount that is at | | | | the market, the FAP Turbo offers a staggering draw |
| risk, therefore the absolute maximum you can lose if | | | | down rate of just 0.35%! Of course as this is a new |
| your robots makes a poor trade decision. Irrespective | | | | product, it will take a while to see if this is actually for |
| of how good your software is, you WILL lose money | | | | real, but if it is then that puts it light years ahead of |
| on the market at some point, it is inevitable. | | | | others on the market. When investing, go for low draw |
| The Forex market is, and always will be one assumes | | | | down first, everything else second. |
| impossible to predict with 100% percent accuracy. | | | | |