Comments on: New Forex Trading Robot – Real Or Scam ?

By: ahefner_33

ahefner_33 — Sat, 11 Jul 2009 09:35:00 +0000

Okay. Heres my opinion on trading robots and I have been through many automated robots in the past years.

What most people do not understand is that the markets are driven by human logic. Prices move because a human made them move. The reason I state this is because a human mind can do whatever it wants at any given time. A robot however runs on concrete instructions when A and B happens.

So your robot can think that so and so happens and human logic will think otherwise. Therefore the conflict will cause a change in the market that the robot will not understand but think that how its program is a legitimate trade. Since humans control the market then of course you will be on the losing end.

My experience with bots has been that you will gain a lot of money in a very short amount of time but then you give it all back just as fast and it becomes a see saw game. Then as time goes by the market completely changes and the robots fail most of the time.

I know it seems to make things easier for a robot to do your work, but why not just learn the to trade with your own mind so that when any situation is presented to you in trading, you are able to understand and handle it.

By: Xelam

Xelam — Wed, 08 Jul 2009 17:53:06 +0000

at times i believe the software is simply lucky to have predicted the outcome of the market to make profit. if you have been trading before, you must be aware that no amount of computerised maneuver can truly predict the results of the currency pairs, else, a lot of traders would have been billionaires by now. you may want to check your options in this site. they do not provide auto signals or tippers, instead, they will provide a REAL, LIVE PERSON called Account Service Manager with whom you can talk over the phone, e-mail or chat, who is actually an expert in the field of forex trading to be your mentor, adviser, friend, trading partner and can give expert advises, tricks and strategies on how to become successful in your trading activities. i would still root for the human wisdom rather than robots.

By: robe

robe — Wed, 08 Jul 2009 12:31:58 +0000

If this worked, why would anyone share it? Don’t jump in…

By: personalfinancedaily

personalfinancedaily — Tue, 07 Jul 2009 16:32:43 +0000

Your link takes the reader to forexautopilot.com. I enjoy trading currencies and there is a lot less research than trading stocks. I use proprietary software I bought from 4xmadeeasy.com that retails for the price of a nice used car.

For under $100, I would give it a shot, although I recommend using a credit card, should something sketchy come up, you can always dispute the charge, whereas a debit card comes right from your personal checking account.

I plan to research this further, but thanks for sharing the link.

By: Javier Andrés G

Javier Andrés G — Mon, 06 Jul 2009 01:36:15 +0000

Hi, Becareful with those robots, I’m not saying that that doesn’t work, but offtenly it’s managed by uplines. And if they mess it up you can loose big time.
It’s better when you have control over something. Let me give you an example, I’m at Global Domains International, and some of my uplines have formed a group called Grupo Aguila or Eagle group they use a robot, an autoresponder. They say that it’s a proved rovot that will help you to have more people in your network so you can have more money.

I’ve used their robot once with a bad result,
When that robot fails, everything collapses. because you have to spot anouncing and stuff.
I prefer earning money slowly, but constantly.
That’s why I always say: Keep it simple.

cheers.

Javier A. Goya>