| Forex robots are popular as they give the impression | | | | trading. |
| you can make huge gains with no effort and pay $100 | | | | 2. The vendor would be so busy making a fortune he |
| for a lifetime income. The reality however does not live | | | | would have no reason to sell his great system or if he |
| up to the hype for one simple reason... | | | | did it, would be very expensive at tens or even |
| The reason is that the robots claim bit profits but have | | | | hundreds of thousands of dollars. |
| never made any! | | | | 3. Banks, brokerage and hedge funds, would sack |
| If you see a track record of big gains on a robot look | | | | there management teams on millions of dollars per |
| at the small print and you will see that there back tests | | | | annum and have better results for $100 outlay! |
| so the track records are simulated and done in | | | | Now none of the above has happened and the |
| hindsight on paper. Well this is no evidence that the | | | | reason is obvious - Forex robots never produce the |
| robot will make money for you or any other user. | | | | gains they claim in fact, the user normally takes an |
| Anyone can make money knowing all the facts and | | | | almost instant wipe out. |
| bend the rules to fit past data - but that's not the real | | | | You can make a lot of money in forex trading - but |
| world of forex trading. | | | | you have to get the right forex education and |
| In forex trading you have to trade going forward and | | | | understand it's not easy - that's why 95% of traders |
| you don't know what will happen next - this is the real | | | | lose their money. |
| world of trading and it's much harder than making up a | | | | If you want to make money in forex then you can, |
| profit in back testing. | | | | don't fall for the fantasy land of forex robots, |
| Common sense tells you that if the robots really did | | | | understand the reality of a good forex education and |
| make the gains they claim the following would occur: | | | | the discipline to apply what you have learned, is the |
| 1. There would be a jobs shortage, as everyone would | | | | key to currency trading success. |
| have a huge income for simply paying $100.00 and be | | | | |