How reliable and true are Forex Autorobot Systems? ? -

Is there a body that could provide unbiased report on the efficacy of such systems? A great forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. Hopefully this blog can help. http://www.whatisforextrading.com/blog/ Remember, no trading will be full proof, so be cautios about the claims some trading systems make. Forex auto robot systems are out there and they work. The thing about Forex is that it is a hassle having to keep up with statistics and financial news and events. This is the reason these Forex robots were created in order to take care of all that. Some of the best traders in the world created these robots and use them to trade for them on autopilot. These robots weren t just created and put out to sell, they have to go through extensive trial and error before they are put on the market. This blog may help you in your search for becoming successful with Forex trading. http://trade-forex-automatically.blogspo... Forex Autorobot systems are a huge scam. They cannot replace, and never will, a good market, lmt, and etc. order. It does have alot to do with the firm you transact through. However, most will place their order(s) well ahead of you. You are almost always guaranteed a poor execution. Hi RitzONE, I d really be careful with these automated forex robots. I speak from experience. When I first started trading, I was just like everybody else. I thought this was my ticket to make a bunch of money without doing the work. That s NOT the way you make money trading. You are going to have to do the heavy lifting, yourself. You can t expect a robot to do the work for you. If it was that simple everybody would do it. The entire forex industry would be automated. There is just too much information that goes on in a trading day that these robots just don t pick up. For instance, do you think that these robots have any idea how to handle big news like interest rate decisions, unemployment rate, etc.....My suggestion is to learn how to trade, and don t mess with these shortcuts. They never pay off. Hope this helps. Forex robot systems are not the ideal solution or even all that great but they do have one advantage. They aren t emotionally involved. The main limitation with any system whether it be software or your own system is that they all predict based on what has happend in the past. None can say what is going to happenin the future. But There are trends and you can make money if you get it right. But you can t get nervous and change your strategy in mid trade. Emotions can get in the way of trading. I know what you might be thinking. That doesn t apply to me. Yeah right, me neither. But it does. If you want to verify this just set up a demo account and then compare it with a real account. So. A forex software program (robot) can keep that part in check. It will make a difference. I wrote an article about it. You can find it here: http://ezinearticles.com/?Learn-Forex-Cu... Hope that helps, Marc There is such a website at http://www.forexfastforward.com - this has taken customer reviews and live testing results from all over the net to build reviews on the most popular systems. And before anyone tells you that these systems quot;suckquot; and quot;don t workquot; - I highly recommend you check out the live trading results on http://www.forexfastforward.com/fap_turb... These systems do work but there are MANY scams out there. Some are good and some are crap. Also, they operate differently in various market conditions. I advise to continue learning how to trade yourself even if you re using such a robot http://www.tjgroupforex.com Reviews of EA are available and you can download 1or 2 robots to test. Buy them if you like it later :)