If you’re trading forex yourself using your own trading methods you will know just how difficult forex trading is. Sure it’s easy to open an account and start trading, but to consistently make money in the long run is something that few people manage to do, which is why forex trading robots are ideal for forex newbies.

It can take many years to come up with your own profitable trading system, and I’m speaking from experience here. I first started trading currencies several years ago now but it’s only during the last few years that I’ve started to make consistent profits week after week. It was a long learning curve and I openly admit that I lost a lot of money in the process of trying out lots of different trading methods.

I now have a tried and tested method which works well for me, but for most people new to forex trading, they will not be so lucky. In fact industry figures suggest only around 5% of people actually make money from forex trading, so is it ultimately worth spending hours on end poring over charts in the hope that you will eventually stumble on a winning system?

Well nowadays it’s actually a lot easier to start making money right from day one due to automated forex trading robots. These robots are now widely available to the general public, and are extremely popular because you simply configure them to work with Metatrader4, which takes just a few minutes, and let them run on autopilot.

They have been specifically designed to make money. The creators of these robots use complex algorithms to seek out high probability trades. Therefore you don’t really need to know much about forex trading yourself (although a little knowledge is recommended). All you do is enter your stakes and then sit back and let the automated system place trades for you.

Large financial institutions have been using trading systems such as these for many years, but now everyone can take advantage of these advanced trading robots in order to make money from forex trading. You don’t need to spend years learning how to trade yourself. You simply find a good trading robot and let it run automatically.

Of course some robots are more profitable than others, and some are not as profitable as they make out, but if you can find one with a solid track record going back at least a few years, then you could have a real winner on your hands. You shouldn’t expect to get rich overnight, but with a decent robot trading for you you can slowly build up your bankroll month after month.

For reviews of individual forex trading robots please click here to read James Woolley’s Forex Tracer review and Silicon Forex review.

A forex robot or Expert Advisor is a software program that will automatically handle the currency trading process on behalf of you. It enters and exits the trade with the primary purpose of generating a profit. These forex robots never follow up on impulses and ascertain trades on the basis of pure facts, thereby reducing the likelihood of human fault.

They are programmed to make decisions exclusively on the basis of data they gather. The algorithms integrated into these automated FX trading bots analyze a massive amount of data on a regular basis, even putting together information to forecast valuable long-term trends. Among other advantages, forex robots can bring down the traders transaction costs by providing with cash bonuses for every foreign exchange trade the trader executes. For example, if ones robot trades 30 lots per month and is receiving a rebate of $5 per lot, then he will receive $150 for free every month. This adds up to over $1500 per annum just for trading.

One should always buy a robot that can be easily set up and accessed on a remote web server, which will let its host to gain an access to his account from any part of the world.

The profit goal may vary from one individual to another. One person is satisfied making $100 per week while another may be seeking millions from the use of their FX robots.

A forex robot review can give valuable insights into the features and performance of the software system. Brief reviews of some automated programs are mentioned below:

The Forex Bling team has designed a comprehensive robot package to trade with four dissimilar strategies, namely trend, breakout, scalping, and grid trading. It can assign different amounts of capital to different Expert Advisors. With Forex Bling, one will get a free traders coaching club membership with support manual and free updates for lifetime. It works with key currency pairs.

Coming to another forex robot review, Forex MegaDroid is a very unique FX bot created by expert forex traders and recommended by FapTurbo creators. These robots on MetaTrader deliver topmost performance and they can do anything, from giving somebody a signal to execute a trade to place and manage the trade for their hosts automatically.

Like other software systems, Pro Forex Robot was developed by expert mathematicians with the guidance of Ron Carter who has over 28 years of currency trading experience. It runs completely unattended, gives the best performance and starts trading in minutes. The program also has simple setup process and offers a significant percentage of winning trades.

Even though forex robots increase ones profits, the final decision should be taken by the trader. Foreign exchange trading is more or less like a gambling and these systems cannot predict the future accurately always. However, they keep on trading round the clock while their hosts sleep.

Most online poker players say that the games are becoming tougher nowadays. Possibly this is due to all the players getting better. Right. The reality is the fact that pokerbots have invaded the games in droves. The happy side of this situation is that not all of these bots are good. In fact a few of them are totally donkeys, which should actually be good for your bankroll.

Of course there are quite a few good ones at the tables now also, which is what accounts for the games becoming more difficult to win at. Mostly they occupy at the lower limit games. This is because they are not as noticeable there, and also are more put up with by the poker company there. Having those seats constantly filled is of considerable interest to the house as the rake is big and therefore a steady source of profit. So they are more likely to overlook the bots playing in those games.

Unless they start receiving too many objections from the human players, especially if these grievances are coming from a known place for example a well-known poker forum. That might cause a response in the form of a PR move from the poker site to show that they really care. This is probably nothing more than a written response and maybe they will cut off the very worst offenders. After that it is back to business as usual. Think about this, if you owned an online poker business would you be in a rush to ban a lot of your best customers?

Not everybody who plays online poker thinks that poker bots are a horrible sign for the game. A lot of sharks love having them around. They provide active tables and help assist in getting the tables going. And the reality is, all poker rooms themselves ran house bots in the early days to get games going. Not to mention the fact that some sharks feel that they can beat the robots by learning exploitable patterns that they display.

Then there are the poker robot users themselves. They probably have an interestingly refreshing explanation regarding their decision to use this kind of program. Most of them do not see themselves as bad guys despite the fact that they are violating the rules of the poker room. The bot software has no definable edge over human players, as it does not have access to any additional data than human eyes. In truth they can be a pain to setup and get going properly. But they are really fun to play with.

So perhaps we should think about giving the bots a warm welcome. If you haven’t tried messing with one, perhaps you should. What could go wrong? These things may well be the future of online poker. So join the gang today. Or at least, if you run into a pokerbot, take him out to lunch. Be courteous. Offer to buy him a quart of oil.

Is it better to follow an automated robot or buy a currency course? While many traders choose robots, they don’t work, for the reasons enclosed in this article. They should choose a course and here we will look at how to find the best ones.

The Forex Robot and Expert Advisor industry sells a message of spend a few hundred dollars and no effort but it’s a fantasy not reality.

All these systems lose and simply rely on clever marketing and made up track records so you need to pass them by and get a Forex course.

In Forex trading you need to make an effort and learn skills and there are plenty of courses to choose from but how do you find the best ones? Let’s take a look at some points to consider.

First make sure you get 100% money back guarantee if not delighted. Most reputable firms will give you this and you should look for one, with no strings attached i.e. handling or admin fees deducted.

Make sure the course offers you something that will give you a trading edge in your quest for profits; many simply give you an overview of technical analysis and you can get that for free anywhere.

A useful service is, if the Forex course vendor demonstrates the tools taught in the course in a live trading scenario, that way you can see how the tools are applied.

Look for unlimited email support, your buying a course not a book, so you want back up with your Forex trading education.

If you want to win at Forex trading, you need to learn skills, if the Forex robots worked 95% of traders wouldn’t lose, you have to make an effort and a good trading course, with the right Forex information and support, can cut your learning curve and lead you to currency trading success.

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ECN_FX_Robot is one in every of the most popular expert advisors for Metatrader today. This software program uses an automatic strategy to commerce the forex markets.

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Many of people, including ourselves have been struggling recently with making ECN_FX_Robot trade profitably. During summer time in northern hemisphere the Foreign exchange markets are often tough to trade, seasonal patterns will be one explanation to the poor efficiency many people is experiencing on the moment. Nevertheless, is there a approach that ECN_FX_Robot will be traded with profitability even in these occasions?

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We decided to make an analysis of several ECN_FX_Robot accounts to see if these accounts would have been profitable if traded differently. We decided to solely have a glance at dwell accounts since they give essentially the most accurate image of precise performance. Our first conclusion from this analysis was that, with some brokers, often Market Makers with relatively excessive fastened spreads throughout Asian session, ECN_FX_Robot is unprofitable on the moment. There’s however a certain variety of brokers that can nonetheless trade FAPTurbo with success. We believe a few of those brokers are: Alpari, FXCM and FXCBS.

We additionally imagine that there may be a common consensus in the ECN_FX_Robot group that EURCHF and USDCAD is the best pairs to trade.

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Our hypothesis on this analysis is subsequently that: 1. ECN_FX_Robot can still be profitable with some brokers 2. To be profitable, buying and selling has to be strictly restricted to the opening hours of GMT 21:00 to GMT 22:59. 3. Only EURCHF and USDCAD must be traded with ECN_FX_Robot

In Foreign exchange terminology the strategy which the “ECN FX ROBOT” uses is known as “scalping”. It’s a hundred% legal, and and infrequently utilized by experienced traders to earn money by taking just a few pips revenue at a time. My scalping technique allows mainly worthwhile trades to be open for the explanation that Robot “knows” the direction of the price movements throughout the next few seconds. The question is only “how a lot” it makes. Sometimes only 1 or 2 pips. But occasionally even 10 or 20 pips in simply 1-10 as a lot as 60 seconds. So watch the trades fastidiously, because you may even not discover them! So fast is the “ECN FX ROBOT”.

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If you want to see the Robot’s functions, variables, and other parameters, “click here for details”. You will be surprised how good and precise it is.

It is normal to see people telling others that something will help them gain more profit. For anyone living an ordinary life and through paycheck to paycheck, this will seem a good way to break free from their situation. But then again one should think twice and reconsider how things are going on. There are many scams around and no one could be trusted enough. To lessen the woes, finding a legitimate Forex robot is the key.

While it is good to trust professionals to look after the accounts, there are also others who may just want to fool others and take their money. As a result, there are other investors who choose to work with a Forex robot in managing their accounts.

The market is gaining so much prominence in the past years and everyone wants to invest. This is one of the profitable ways that they can put their money into. In a way, this also makes them think that they will be able to help the economy. While this is actually a good thing, not all people are capable of managing a portfolio.

It takes some knowledge to make sure that they are able to get the most out of their investments. Nonetheless, the lack of knowledge should not stop them from doing what they want. As a result, they tap the help of firms who can manage their portfolio.

There are many responsibilities that come with managing a portfolio. It is important then to make sure that these roles are fulfilled. Reviewing the market for a good twenty-four hours does not seem the best idea for small-time investors who also have their jobs to think about. In hiring a robot, they are able to do these things without going through all of the hassles.

The software is one of the ways that they can just work within the market without having to go through so much. They can just have a partner that would automate things on their behalf. With this, they are sure that they can trade even when they are asleep. The software would already detect the minute movements in the market and do the trading for them.

Sometimes, investors would be faced with a dilemma of whether to participate in the trade or not. This could be a little tricky knowing that they have other matters to attend to. Through the Forex robot they are able to participate in the market no matter what time of day and even when they are busy fulfilling other roles.

Forex trading robots are an automatic way of seeking profit potential from global forex markets and the logic is you simply follow the rules and have a disciplined system for profit – that’s the theory but the truth is…

Very few will make you money and the reason is they have never made any “real money” just paper profits in hindsight. You will almost always see this and it makes the track record to present worthless:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

Will a track record with this on it help you make money? I doubt it.

Don’t fall for the hype check the facts and if you see the above ask yourself why you should trust a made up track record? We would all be rich if we knew the future and tomorrows price now but that’s not life.

Today, most novice traders are looking to take short cuts or think a guru mentor or robot can give them success but the reality is ( as with any venture where there is a lot of money to be made ) you need to do your homework and get the right forex education.

There are good automated forex trading systems out there with REAL track records but you need to keep one more point in mind, if you want to enjoy currency trading success.

Keep this equation in mind:

Forex Trading method + Disciplined Application of = Forex trading Success

When you have a good trading system, you still have to apply it with discipline and keep in mind, if you don’t have the discipline to apply it, you don’t have a system – it’s as simple as that.

So if you find one with a real track record you like make sure that you know how and why it works, so you have confidence in it when it hits a losing period and don’t let anyone tell you otherwise even the best system draw down for weeks or months at a time.

Forex Robots can make money and the above information will put you on the right track in finding one.

Forex robots appeal to greedy and lazy traders and of course they don’t work because if they did everyone would swap their jobs for life of leisure, pay 100 dollars and enjoy financial freedom. Of course the reality of forex robot trading is a wipe out of equity here’s why.

Forex robots for all the clever marketing on the vast majority try and present one advantage which doesn’t add up in real life and that’s the track record.

The track records of most of these forex trading systems would make the world’s top traders envious if they were true, bank and brokerage dealing rooms would have no people left, just 100 buck robots making cash. Why bother with a dealer on a seven figure annual salary, when you can get better returns on $100.00 a year?

Of course the track records are not true.

When you look at a track record, you imagine it to be real money, after all you are looking for evidence that the robot makes money – that’s why your buying it but the reality is the track record is not real and this appears by it.

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

I think that says it all about the tack record. Now you know why traders serious about making money don’t use them.

You will often see people review these systems online and tell you how much money they have made with the system and recommending you to buy it – click their link however and you will see an affiliate deal for the system! So they have vested interest in selling it.

So if you think you can get rich easily and with no effort then, you will be sorely disappointed and really, if you thought about it, what a forex robot claims for the price charged simply doesn’t add up.

You can make a lot of money at forex trading and there are some robots that work and are proven – but don’t expect not to lose for long periods (you will thats part of forex trading) and don’t expect triple digit figures each year. If you make 30 to 50% annualized your up there with the best traders and systems.

If you have ever thought about going into trading, you were in all probability enticed by the significant potential income. Let’s be realistic. There is also a degree of risk to trading. Maybe you find this appealing too. The forex markets are always destined to be risky. You will have many ups and downs. That’s just the way it is. This will mean, however, that if you want to buy and sell, you have to keep close track of the forex charts all of the time. This reality may have halted you against being a trader in the past. Things have probably changed since the last time you investigated the life of a forex trader. In this article, you will learn how to make money with expert advisers.

If you have been out of the loop for some time, then you might not even know what these robots are. Simply put, these types of trading machines are programmed to watch the currency trading charts for you. Not only do they watch the charts, but they will also alert you when it’s time to buy and when it is time to sell. Not only is it possible to build an income with fx robots, but you can also save time. Speak with any currency trader out there, and they will tell you that you have to live beside the chart. There is absolutely no other way. Using the new forex trading programs, however, you can read the charts on autopilot. This is a incredible new advancement in the world of forex trading, and you won’t want to miss it.

If you are interested in getting involved with currency trading now, then you’re not alone. Because traders are now able to very easily make money with forex trading robots, there are more traders currently than ever before. You can begin reading reviews to see how other traders make use of their robots. After all, there is not just one kind of automatic robot. There are numerous types with various features and various levels of control. There are often many different strategies.

Don’t be one of the last in line to learn how to earn money with forex trading robots. You’ve always aspired to be a forex trader. Now is the time to get involved. Start watching the currency trading graphs straight away. The great news is that you don’t have to sacrifice free time. As a matter of fact, using the forex robot, you could discover yourself to be with additional spare-time than ever before.

Once again I am astounded at how reality in actual fact follows fiction. One would think that it is actually the opposite, correct? Well, read on because this may knock your socks off.
Remember the original “Terminator” motion picture? Well this post may very well remind you a little of that. BigDog is a handiwork of Boston Dynamics Robots, and is rough terrain robot that has the capacity to run, walk, climb and even carry excessive loads. It is powered by an powerplant that controls a hydraulic actuation system. It looks similar to a four legged animal, or at the minimum, it has four legs and walks and runs in a very similar way as 4 legged animals do.
It appears BigDog is a device that has been in the evolution stages for quite a little while now, a few years to be specific. It is roughly the size of a big canine friend, hence the name – about 2.5 feet high and 3 feet long.
BigDog is a thoroughly functioning robot with its on-board computer moderating everything from sensors to the extensive motion of the piece of equipment. The regulation structure keeps it well balanced at all times – even when you try to force or kick it over, and the onboard computer system will steer the robot’s path through differing environment and circumstances. It even comes with a stereo vision system.
At the outset BigDog jogged at 4 mph, climbed uphills of up to 35 degrees and could walk across rubble, through snow, mud and water, and set a world record by going continuously for 12.8 miles without the need to cease. That was roughly three years previously. Now Boston Dynamics have revealed that the Defense Advanced Research Projects Agency (DARPA) has allocated it contracts to develop two new robots, one being agile and the other speedy. The latter, the CHEETAH robot, will have four legs, a supple spine articulated head/neck and perhaps even a tail. And here’s the cherry on top