Is Forex Robot Trader a SCAM ?
Renagade C asked:
I am looking for a good trading system and was looking to get an Ea and was wondering if anyone has made any Money With this system that i see posted on http://www.forexrobottrader.com
I am looking for a good trading system and was looking to get an Ea and was wondering if anyone has made any Money With this system that i see posted on http://www.forexrobottrader.com
if your a real user please post your comments
Related posts:
January 20th, 2009 at 12:10 am
If it worked better than trading by yourself the person who invented it would not sell it. They would keep it to themselves and make a lot more money.
Any trading software is a tax on dumb people.
January 22nd, 2009 at 9:36 pm
1) The vast majority of individual amateur forex traders lose money.
2) Forex trading systems available to the general public never work well, at least not for long.
3) Most forex scams implicitly assume you will use extreme leverage, without pointing out the dangers and risks of extreme leverage.
4) Robot trader is an affiliate-based program. Most affiliate-based programs are either misleading in their advertisements or outright scams.
>
January 25th, 2009 at 1:12 pm
The program must be able to sell on a rise at the right moment. Where these programs work the best is when they initiate trading on a large scale and play the options with it. That way they give themselves the complete advantage over the market swings and play those swings that the average person has to exit positions on before the large trader moves his or her money out from underneath of their position!
So if you have a legal huge established position in a company, if you manipulate under the radar, that which is allowable by the SEC, then you have a very distinct advantage in the market with a product like this.
Else, you need a product that can trade with signals from a large trader’s computer so as to know when to get out to escape the ******* sound of your money going into their pockets, figuratively speaking, of course….but basically legal theft!
January 27th, 2009 at 10:29 pm
forexrobottrader and robottrader are both scams, the system, like all other such systems can predict the market.
Robottrader is being touted on many sites especially those sites that are visited and/or used by amateurs or naive traders/investors. You don’t see their adds on professional sites.
There is a very good possibility that the company is a pump and dump, they pump the stock of their system, while the company sells.
There is no holy grail, no magic beans, no special lights, in the market place.
January 29th, 2009 at 12:22 pm
I don’t believe in fully automated systems. But then some peole have made a lot of money from it.
I am more comfortable being in control. I use Forex Killer just to confirm my decisions and I find I can do quite well. Helps me cut out some bad decisions.
February 1st, 2009 at 6:55 am
personally i would not recommend using any of this robotic system. more likely you will end up losing most of your money. you can check your option in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager who is actually an expert in the field of forex trading to be your mentor, adviser, friend and trading partner. the volatility of the market is so high that no amount of computerized maneuver can really predict the outcome of currency pairs but your Account Service manager can give expert advises, tricks and strategies to become successful in your trading activities based on actual, real experiences and years of trading. He/she will even trade with you until you become familiar with the system and you can then trade on your own. And you can always interact with other expert forex traders in their chat room.
Start by registering and downloading a Free Ebook.
February 1st, 2009 at 4:24 pm
Forex robot trader by steintz.. Hahah
it’s not a scam, but it have no Stop Loss. Beware!!!
If u are looking for good EA, u have to visit my blog.
It’s about automated forex review
I also have the review about forex robot trader ea, and the owner, steinitz visit my blog give comment about the no stop Loss
Right i’m using shark ea, there are live statement in my blog.
hope that helps
February 2nd, 2009 at 11:27 pm
If you are looking for a software to help you trading the forex you should consider the forex killer software, wich is a forex signal generator.>
February 4th, 2009 at 11:18 pm
I never used it myself. Most of the automatic systems on the market are scams, but there are a few ones that work.
If you trade with an automatic system, use a small account, because this is a high risk high reward kind of trading.
You can look for reviews on Robot trader and other systems on websites like>