There more popular than ever and greedy investors think they are going to get rich quickly with no effort. The reality check is almost all robots will destroy your account equity quickly…
95 – 98% of robots I see on the net have not even been traded!
The track record has this disclaimer on it.
Look for it in the small print if you see it and read it you will understand why it probably will fail miserably:
“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.
then of course the statement that makes the track record no use at al in determining profitability:
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”.
Now what is the logic of having a track record that has never been traded and what does it tell you?
Does it indicate anything about the profitability of the system – NO
Of Course it doesn’t and it’s a wonder that these track records are allowed to be used to sell to the public. Most of the time the traders buying the system don’t dig to deep and are generally trusting throw in some good copy and there soon buying the system.
I always read about how these forex robots are sold by ex bank traders etc – there not, there sold by marketing companies looking to tap into the huge market in forex trading products.
You can make money in forex but an automated trading system that has never been traded is not the way to do it. Let’s make one point clear:
Forex trading is NOT as easy as giving a few hundred dollars and buying success in a box – life isn’t like that!
You need to get the right forex education and do your homework – if you want to buy a forex trading system you can find some good ones with track records if you shop around – but never ever buy one with a simulation.
You could trying writing to the vendor and ask for his track record audited over say 2 years and see if you get a reply but don’t hold your breath.
Acquiring the sheer amount of knowledge required to get ahead in the Forex market can be a very daunting thought for the average beginner. Online Forex trading can be a very lucrative practice, but if you don’t have a high level of expertise it can be extremely difficult to make profitable trades.
Forex robots (also known as Forex expert assistants or Forex bots) are a form of automated Forex trading system that takes care of a great deal of the currency trading process for you. Forex robots are capable of entering and exiting trades automatically with the sole purpose of making a profit. Once configured correctly, these programs will often run independently and on auto-pilot, placing trades instantly when certain criteria are met.
Trading manually involves spending a considerable amount of time each day placing trades, keeping up with changes in the market and monitoring all the trades you have already placed. For the majority of traders, this laborious task of manually entering and tracking all of these trades is far too tedious and time consuming, forcing many to turn to an automated Forex trading system such as this to reduce their workload.
Forex robots take the pain out of this process for you by monitoring your trades in real time and eliminating the need to manually enter huge amounts of information.
How can this software help prevent losses?
Many people lose money trading Forex by letting their emotions dictate their decisions. Traders tend to try and “feel out” the market and speculate as to upcoming changes rather than analysing the necessary data and studying trends carefully. This is where Forex robots become extremely useful. Forex robots never act on impulse and determine trades based purely on facts, reducing the likelihood of human error.
Forex robots are programmed to make decisions based solely on the data they collect. The algorithms contained within these automated Forex trading systems study a vast amount of data at regular intervals, even putting together information for worthwhile long-term trends. The software will only make calculated trades based on analysis of the data collected, selecting trades which are most likely to achieve profitable results.
Domestic robots could easily become part of our future landscape. As technology improves and people are more pressed for time, it’s really no surprise. In a January 2012 Persuadable Research survey, 67% indicated they would feel safe and secure with robots doing various tasks in their homes and furthermore, 70% would personalize their robots by naming them. Placing a name upon a robot gives one the sense that robots could become part of the family, in a way, perhaps similar to pets, but with an entirely different function.
Among those who would be willing to buy a robot, nearly half, 43% prefer that their robot be able to take initiative and suggest actions. It seems that people foresee robots as domestic helpers, but also as personal assistants. Imagine, if you will, a robot that takes commands by simply talking to it. It would learn from past tasks and even offer ideas or better ways to do things. If robots had emotions, 37% of respondents think they might even be able to make friends with them.
What would the perfect robot look and sound like? Panelists felt that the robot should not sound too young or too old and the voice should not be too masculine or too feminine, but it should definitely be more humanlike rather than synthesized. It should also look more human than machine and be more roundish than square. Additionally people seemed to prefer a more colorful robot as well as one that could have a more personal design. Lastly, a sense of humor wouldn’t hurt!
It appears that many perceive robots as a possibility and a natural extension of existing smart technology. It is easy to admit that, from the survey results, one could imagine a cadre of robots in fun Apple colors, much like iPods – except much bigger and definitely more expensive. So, what would you name your robot?
These robots would tidy up our homes and workplaces cheerfully. Panelists envision them being able to handle nearly any household task from cleaning windows, 45%, to scrubbing toilets, 41%. They are also being considered for moving heavy objects and providing security for the home.
Are you done with all the back-tested hype, worthless results and robots that don’t deliver? If yes, Forex Robot FAP Turbo is the computer program that can be used to automate the foreign exchange training system. With this software, the Forex market will be monitored and trading will be automatically done for you. All you need to do is set up the program on your system and benefit from FAP turbo’s selling points.
The Live Trading Results of FAP Turbo Robot in Real Time is updated on their website every 15 minutes. It runs on the Metatrader 4 trading platform and makes use of short as well as long term strategies for trading. the mission of FAP Turbo Forex Robot is top easily manage your trade and help you reduce your losses.
Fap Turbo uses a professional trading strategy that has proven effective in many market conditions. It has a long term strategy that trades less, but involves less risk and a short term scalper strategy which is the strategy that has the potential to double your money quickly.
Under the long term strategy, this program trades on USD/EUR pair with a larger profit target. For the short term strategy, 4 currency pair options are used for trading to gain few pips from each trade. Once the user has gained a few pips, FAP Turbo Forex Robot enters a trade and exits quickly.
The algorithm of the program is designed in such a way that if the user is losing a trade, losses can be minimized by exiting the trading process. Along with an effective support desk, the program also has a forum where members can share information, questions, strategy tips, success stories and problems. In case a user is having some query regarding the program, he can find the answer in the forum.
Whether your account size is big or small, Forex Robot can be traded with any account size. The Live Trading results of this program are better than its back-test results (48% profit per month). This program has a 60 days money back guarantee. The program license never expires so the user won’t be paying for anything else ever again.
When you sign up for a Metatrader 4 practice account, you must give your forex robot a reasonable yet realistic amount of capital to start with. If you give a Forex robot $500 to work with it doesn’t have a lot of room to trade. Using proper risk management rules, set it up to trade with at least $1000-$2000 on your practice account. Tweak the robot’s parameters until you find it is consistently pulling in good gains. Then you can risk trading with real money.
I have been a broker, worked in a fund management house and educate traders and I can tell you in my 25 years of trading experience, I have never seen any serious trader use the few hundred buck robots that are supposed to lead you to success – Why? Because they don’t make money…
Of course if you look at there track records of must Forex robots they have better track records than the world’s top traders who are on multi million pound salaries and yet, many robots claim you can double your money every month and all for the price of a night out. The reality of course is they never deliver and the reason is obvious.
They lose money!
The track records are either back tests, (in simple terms this means made up knowing the closing prices) or presented by the vendor themselves with no independent verification, no audit by a third party is ever presented. Hardly inspires confidence does it?
All Hype and No Substance
The hype in the copy is that you can make money in your sleep, while your playing golf or having a beer, simply switch the computer on, leave it and make money – but if this were true, the whole world would be trading and no one would bother to work.
In Forex trading lets make a point clear – you don’t make money easily! 95% of traders lose and in the case of the cheap Forex robots it’s 100%
The robots are all supposed to have been devised by whiz kids, nerds or insiders and one site I know actually took a few of the well known “traders” and showed where they had come from, a site of actors!
The systems present unrealistic gains which even Warren Buffet couldn’t match and traders believe them.
Sensible people suddenly become blinded by greed. Now lets look at how to make money and what you have to do.
How to Make Money In Forex
Serious traders know that like in all areas of life, you have to learn skills and learn to apply them with discipline. They don’t buy into the myth that Forex is a walk in the park – because its not. Of course if you are prepared to get the right Forex education, learn skills and apply them, you can make huge rewards for your efforts.
If you take Forex trading seriously and put in effort you can win, think Forex trading is a walk in the park and you don’t have to make any effort and you will lose, its as simple as that.
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If you have ever considered trading stocks in the penny stock market, then Equity Trading Alert is a must have. They offer a route to profit that takes a good deal of pain out of penny stock trading. Equity Trading Alert is a business that knows the stock market with a 15 year track record to prove it. Equity Trading Alert is home to a penny stock trading robot programmed with algorithms that provide with high quality information. This information is exactly what any trader needs to make investments in to the Stock Market. This robot is a high tech piece of software that uses the latest technology to track and predict stock market trends.
Equity Trading Alert backs their robot up with a penny stock trading newsletter that gives readers proof of what a stock trading robot can do for you. Their newsletter has been featured in Business Weekly and the Wall Street Journal and gotten fantastic reviews. Subscribers to Equity Trading Alerts newsletter have experienced some of the best gains and rave with satisfaction. This newsletter is verifiably written by professionals who know the stock market.
This robust and informational newsletter is written by Ari Goldstein who is a well respected Stock Market trader. He has been trading in the stock market and turning profits for many years. His newsletter provides readers with up to date information and validates the usefulness and effectiveness the well designed and highly intellectual robot. Ari Goldstein and two other program designers worked together to create and perfect the robot and provide members with a newsletter that is sure to lead to success in the stock world. They are committed to helping others achieve profit and success through penny trading.
This newsletter is easy to understand writing full of information that can assist you in doubling or tripling your profit in the penny stock market. When trading on the Stock Market it is essential to have professionals like Ari Goldstein and members of Equity Trading Alert working for you. Equity Trading Alerts write their newsletter for people who have determination. Who understand, when trading, losses will happen. But the information in this newsletter helps determined individuals who understand that calculated risks must be taken. It is to these people that Equity Trading Alert can provide information that can be turned in to big gains.
The Penny Stock Trading Newsletter is sent out weekly. You do not have to worry about your in box being flooded. In fact most members cannot wait for the next installment of the newsletter. You have nothing to lose and important information to gain. Most members find the stock alerts to be so helpful that they want to use the robot for all of their penny stock trades. Trying the newsletter costs you nothing and can lead you to profits that you cannot help but love. Why wait to have profits hitting your bank when it can happen right now?
Almost everyday now you can find a brand new currency robot hitting the current market. If not each day then at the least inside a 1 week, you may uncover several new professional advisor (EA) promotions hitting your electronic mail inbox. Most of those currency trading robotic vendors are usually not pleased with a single e mail. You can get a sequence of emails from these vendors and their associates begging you some how to obtain their Professional Advisor.
Initially, if your EA has been so successful buying and selling currency, why would the robotic developer will need to create funds by promoting the robot. But you’ll find some real EAs inside the market that do present very excellent performance. Trading which has a robotic will not be that straightforward as you will be informed by these vendors.
You’ve got to understand a whole lot of items so as to begin doing money with an expert advisor. First, you should know about forex trading online and a thing about technical examination, soon after that you needs to be familiar with all the MT4 or what the heck is the MetaTrader Platform. It is best to have the opportunity to backtest the robot in addition as forward check it.
Here many people fall short. They uncover it tricky to backtest a foreign exchange robotic. In case you don’t take a look at an skilled advisor completely, you don’t know how effectively it is proceeding to industry reside. Testing can give you a great deal of information about the conduct of the robot less than the stay marketplace problems.
But, you don’t have to be anxious a lot more. Uriel Katz, an specialist advisor enthusiast along with a currency trader has developed a Currency Robotic Auditor Software program that does the many testing for yourself. This Foreign exchange Robot Auditor Software can let you know soon after testing which robot is good and which one particular is junk.
Forex trading is all about testing a strategy, program or an EA thoroughly just before you attempt to trade live with it. Testing reduces threat and saves you from burning your hard earned dollars. This software is actually a ought to have instrument if you might be severe about investing which has a robot.
You do not should squander your time and cash using a robotic that may be junk. You can test a good deal of things about an expert advisor using this Auditor Software package. This software program can enable you to a great deal in locating out junk EA ahead of you even melt away your time and funds on it. Plus, you may use it to optimize the effectiveness of a superb robotic by as much as 450%. That is something crucial to know. Several specialist advisors are beneficial but require to be optimized additional so as to obtain good benefits. This Currency Robot Auditor Software will allow you to do this too!
With the Internet growing at an astounding rate, it is getting more and more difficult to get a high page ranking. There are hundreds of dynamics that help engines decide how to rank a page. Knowing how some of these dynamics work, will definitely help you increase your sites exposure on the Internet. One of the dynamics that you need to take into consideration is “meta robots”. Believe it or not, but you can actually control the robots that crawl your sites in a number of ways, which will undoubtedly help your ranking.
Meta robots are unique to each page on a website, and are used by search engines to direct crawlers on a single page. For the most part you want as many crawlers as possible to access your site; however, there are certain instances where you may not want pages or specific areas of your site being crawled. Robot tags will allow you to keep control of what is being scanned by search engines, and preventing them from returning search query results, while still being able to transfer their link value to other pages.
Why would you want to block a page from being scanned, you’re wondering? Here are a few reasons: for security, you may want to protect private information such as contact information, and addresses. Block spam bots from trying to collect sensitive information. You can also block duplicate content, which is a serious SEO problem, and user-generated content, that can not be vouched for. An example of user-generated content would be comments and reviews posted on your site or blog from regular users.
For the most part, you will use the default values of meta name=”robots” content=”index, follow”, which is the same thing as having no meta robots tag at all. For duplicate pages you will want to use meta name=”robots” content=”noindex, follow”, basically you do not want the duplicate page indexed, but you want the links on your page to hold value. With user-generated content, meta name=”robots” content=”index, nofollow”, would be appropriate. The page will still be indexed, but the links will hold no value. When trying to protect private information, meta name=”robots” content=”noindex, nofollow”, would be used to block everything.
To get started you will need to create a robots.txt file, that lists all your pages you want to use the meta robot tag for. Than insert the appropriate tags mentioned above on each page. Every spider or bot that enters your site should read the robot.txt file which will tell them what not to index and where not to go on your website.
The pick and place robots are very useful things to work with. These are the ones which are known to make the job easier and faster. The main work of the pick and place robots is that these pick up the things from one place and then drop it in some other place. This makes the work organized and it reduces the labor cost as well. The pick and place robots have replaced many laborers as they do the work efficiently. The companies which have high production rates generally go for the pick and place robots. These are known to make the job of the people very easy and the efficiency rate also increases such that the production rate eventually grows high. Hence the people now have switched to the pick and place robots from the laborers. This is also the reason because these robots have many great advantages linked to it. The main aim of the servo motor amplifier is that these take hints from the input signals and then amplify the output signals such that the signal can now be used for some other experimental purposes. This makes the job of the servo motor amplifier all the more essential. These are important because not always is the input signal sufficient for the experiments. One also needs to amplify them for proper results and also for the experimentation purposes. The amplifier has a sensor attached to it. The function of the sensor is to monitor the correct value of the amplification and then it sends back signals to the input ensuring that the work is done properly. An acknowledgement is a must in such cases. This makes the person be assured that the amplification is right and the experiment is going on in the right track. The servo motor circuit is so beautifully designed that it does most of the work of the machines. These handle with a lot of responsibilities and do the work well also. The sensor can be mounted in the motor and the readings can be taken accurately. This is not possible if the motor does not have one. This also is important because this is the one thing which keeps a track of all the happenings of the motor and also the signals and their amplification. So the people now have got used to the very same concept of the servo motor circuits and also the amplification.
Article by Jenny on behalf of servo vo
There has been an unprecedented interest in Forex trading during the recent economic downturn, as traders from all walks of life search for additional sources of passive income. It’s no surprise then that new Forex traders turn to Forex automatic trading as a solution to overcome the difficult and expensive learning curve involved in Forex trading.
The truth is, Forex automatic trading is not the walk in the park that developers of Forex robot traders claim it is. When making a decision about automated Forex traders, it’s crucial to know how to select a profitable Forex robot trader. By the end of this article, you will know how to quickly identify if a Forex robot trader will work or not.
Forex automatic trading is highly beneficial to new and experienced Forex traders alike, because it eliminates the need for you to be stuck in front of the computer screen when you should really be enjoying your free time. After all, most traders don’t get into Forex trading to create another job for themselves. They get into Forex because they want to pursue financial freedom!
That said, Forex automatic trading isn’t the walk in the park that most Forex robot trader developers would like you to think it is. After all, they are in business to sell their automated Forex traders, so they frequently skim over the unsavoury facts and focus on selling you the dream. The reality is, operating a Forex robot trader profitably requires more than just plug and play. It all boils down to choosing a profitable automated Forex trader that will last a long time.
If you want an automated Forex trader that will be profitable for at least a few years, then don’t buy one that is overly aggressive and aims for 100% returns in a matter of weeks or even days. Of course, it’s not impossible for that to happen, just as it’s not impossible for you to win a few bets in a row at the casino. That’s luck, and you don’t want to depend on luck when you’re risking your hard earned capital. Any Forex trading robot that claims to be able to make that kind of returns is taking too much risk per trade, which can only result in you losing all your trading capital one day soon. If you want a Forex trading robot that will go the distance, buy one that aims for a more conservative return with less risk.
So yes, Forex robot traders are a fantastic solution for new and experienced traders alike. So long as you recognize the potential pitfalls and know what to do to handle them, you have an excellent chance of joining the ranks of the thousands of people who are already making a good passive income from Forex trading.