Currency Trading Robots

Currency trading robots or Forex Expert Advisors are big business online and there the choice for most new traders, as a way to help them achieve currency trading success but they always lose and the reason why is obvious -They produce no evidence that they have ever made any money – there is NEVER a real time audited track record of gains and you either see this on the bottom of the marketing copy:

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.

This simply means the Forex software vendor has made up the track record in hindsight and bent the system to fit the data and when its traded for real, the price data never repeats the same way again and the system collapses. We can all make money if we know the closing price in advance but we don't and that's what makes Forex trading such a challenge.

Some vendors say they have made gains and produce statements which claim they have but there is no independent verification so you have to trust the word of the person selling the system and personally I would always want to see an independent audit.

The fact is you don't get an income for life and a better track record than the worlds top fund managers, for the cost of a night out and anyone who believes this ridiculous idea will lose. If Forex trading was that easy, 95% of traders wouldn't lose money and of course they do. These systems give Forex trading a bad name so avoid them.

A System that makes Money and is FREE!

There are some systems which make money and while they do have losses long term they can make you a lot of money, if you want a free one that works go to our FREE Info Section and download the 4 WEEK Rule and you will have a system which makes money and beats all the cheap automated Forex software packages sold online