Posted June 4th, 2010 by sharkdancer
If you are having second thoughts about buying FOREX robot, then you are probably already aware of the possible money making opportunities of the FOREX market. For the smaller shareholders in these tough times, developing additional, or multiple, earning streams would seem to be a wise decision. Beginning to explore the FOREX market with FOREX trading program can also be of great help in learning to be familiar with how the market works.
The truth is that the FOREX markets trend and accept that there can be brief reversals of fortune. The trouble is for not as much of traders, the emotional responses can darken your judgment causing you to deal badly with such reversals, or hold on longer than you planned when you see things going your way, simply to lose your gains at the last minute.
The FOREX robot has no such emotions and will only respond according to your principle when setting up the trade. This is one of the key settlements for people trading on FOREX from home. Another chief profit is the complexity of the algorithms that the FOREX robot uses to analyze the markets and the pace with which it estimates them.
Thirdly, the ease with FOREX trading software collect together all of the in sequence you need in order to settle on your trades, and keep in mind that FOREX is a 24 hour market. For those who are just newbies in exploring the FOREX market to decide whether to provide your time and money, a FOREX robot might be the just the thing to help you decide.
To discover the most excellent FOREX robot in undeniably a daunting task as there are many options obtainable online. It is nothing but just mechanized FOREX trading software that can work speculates helping you transact cleverly and earn large sum of money. Continuously select FOREX robot that can work that is unsurpassed for you. There are tested and can get you high-quality results so seek for known FOREX robots.
Posted June 3rd, 2010 by sharkdancer
Forex AutoCash Robot is an automated Forex trading software system. Let’s dig a little deeper and see what this Forex trading software is all about.
Before we get started I’d like to tell you that this isn’t going to be another one of those, “this Forex trading system is the greatest thing since sliced bread” reviews. If you look around you’ll find out that those are a dime a dozen and are typically written by people that don’t have a clue about what real-time, real-life, in the trenches trading is all about. With that said, let’s jump straight into my review.
Right off the bat I can tell you this…the claims that this product makes are some of the boldest I have ever seen in any Forex trading software. For instance when is the last time you heard a Forex trading system that has never had a losing trade? Not only that but when the last time you heard of a trading system that is never had a losing trade in the last 8 years?
The claims don’t stop there… there is a video in the sales literature that mentions that you could use the system without any experience and without any risk. You and I both know that there is no such thing as potential reward without potential risk. Perhaps the creators were talking about trading in a demo account because trading in a real money account always, and I mean always, has risk associated with it.
By taking a closer look at Forex AutoCash Robot I did see that it had a trade-by-trade track record being shown. I like to see a track record when evaluating any Forex trading system as this definitely gives me a feel for how that system has performed. After carefully looking over all 597 trades in the track record it appeared to me that for all the 597 profitable trades shown that the profit was very small.
In my personal experience whenever I have seen a large number of consecutive profits it typically meant that the trading system has set a very small profit target in order to accumulate many consecutive profitable trades. While this looks impressive on paper and in some hypothetical back tests, in real-life trading I believe the results would be very, very different.
It is this reviewer’s humble opinion that the odds of you or I ever attaining 100% winning trades with Forex AutoCash Robot in real time, real money trading is slim to none.
I know that some people will read what I said and think that I’m just some super-critical guy who looks for every opportunity to shoot down what others think are extremely exciting Forex trading systems. I can assure you that this is not the case at all and that when I see something that really, in my humble opinion, looks like it could make you money over the long haul I will be more than thrilled to tell you so.
With all that being said, you are, of course, more than welcome to take Forex AutoCash Robot out for a risk-free test drive. As with most products I review this product also comes with a 100% money back guarantee. Should you decide to you can very easily use this trading software with a free demo Forex trading account and not risk one thin dime while evaluating Forex AutoCash Robot to your satisfaction.
Posted June 2nd, 2010 by sharkdancer
Most forex robots lose there are some that are good but to say they are better than humans is simplistic there not for two reasons…
There are two limitations which you need to be aware of when using even a good robot.
1. Robots can only do tasks programmed into them by Humans
2. Markets do NOT move to a mathematical formula so of course they have limitations
Humans are capable of independent thought and that is why most of the major top trading houses in the world still use human dealers and computer trading systems combined. The human brain is simply the most powerful computer on the planet it may not have processing speed but in terms of different calculations it can make its way ahead of any computer.
Also consider this.
In the last 50 years the same number of traders lose as they did in yester year – that’s 95% and this is despite the awesome processing speed of computers. Your PC On your desk, is far more powerful than the computer which put man on the moon.
While processing power is a help, the markets are not mathematical and don’t move to a scientific theory (if they did we would all know the answer in advance and there would be no market) so if they don’t move to science, computers can only do so much.
Why most forex Robots lose
The ones that are sold and appear to have fantastic track records, have actually have never been traded in the real world. They have simply been back tested and the rules bent to fit the data ( this is known as curve fitting) and while they work on the segment of data tested, this exact price history never repeats again and the system breaks in real time trading.
Check most of the sold track records on robots and there is NEVER a real track record and they never work.
Are there any good forex robots?
Yes but you must understand they have limitations and are not perfect – they will have periods of losses that last weeks but you can find ones that make money and that’s the aim of forex trading.
The best forex trading systems tend to be simple and robust. The forex markets will soon break a complicated system.
Many traders like the idea of a forex robot working away and them making no effort, we all do but remember, you have to have the discipline to apply it and that means knowing how and why it works and sticking with it, through periods of losses, until you hit a home run.
To say that computers are better than humans at trading is incorrect, as a computer is simply a reflection of the programmer and while they can make money, anyone who thinks that building ever more complex computer programs will make money are wrong.
Computers have there place in trading – but just like humans they have limitations. Both a human and a forex robot can make money and neither is necessarily better at trading than the other.
Posted June 2nd, 2010 by sharkdancer
In the web, you will find many types of websites in which you can get the information that you need. You can simply search the web engine and there are already lists of website pages that may match your needs. Anyone can also have their own site and put all the necessary contents that they want to share to other people. However, there are a number people who make some web pages but they do not intend that it would be search for others. Thus, they use the robots.txt file.
One may have some websites in which they do not want others to view it because it is not yet finished or that there are a few information that may be irrelevant to most people. Thus, you can use the file and keep others in opening the webpage.
The search engine crawler generally follows this robots exclusion protocol or robots.txt file if it is present in the server. The main use of this file is to determine which sites or pages in a website are to be accessed by the search engine and which are not. This will keep the Web robots from crawling in certain pages that may have sensitive contents that is not intended for other viewers. However, this file only prevents the access into the web pages but it does not keep the site from being indexed.
There are some people who tend to have problems when their sites are not listed in the search engine. When this is the case, most blame the wrong use of the robots.txt file. The file prevented the users why certain sites are not listed in the search engines or some cannot access the whole site. When you fixed the problem regarding the file, the site will then be indexed and it will soon have a better traffic.
When a person does not use the file correctly or put codes the wrong way, there result would definitely the other way around. Thus, they should be able to know the use of the file and how it should work according to your needs. There are some people who want their website to be viewed by others so they must not use the robots.txt file. However, for some who may want certain unfinished or confidential pages not to be indexed, the proper use of the file will be a big help for them.
There may be a number of problems with the robots.txt file since there is no way that you may be able to stop other sites to link into your site. However, in some way, the robots.txt file help in making the person protect the search engines from gaining access to some web pages or your whole website but the site is still available, only not from the search engines. Still, a careful use of the file should be done so that the results will be according to what you want.
Posted May 31st, 2010 by sharkdancer
Most traders who use a Forex trading Robot lose and this is even with a good profitable automated Forex trading system. So if you want to win at Forex robot trading read this article…
The first key error traders make is choosing the wrong robot and it’s a fact that most lose so what is the wrong robot?
The wrong type of robot is one that makes unrealistic claims and has no independent verification of results and this is the vast majority of them. If you ever see claims like the ones below, don’t even consider the software. Common claims made by losing robots are:
- Double your money each month
- Trade with little or no drawdown
- Predict price movement in advance with 90% accuracy
No Forex trading system can do any of the above and if you look at the robots that make these claims, they normally have a simulated track record ( going backwards knowing the closing prices) or present a real track record themselves, with no independent verification of results. The cost tells you these robots don’t work, as there normally just a couple of hundred dollars.
So for this small sum of money, you get a track record which is better than the worlds top fund managers! Of course if these robots worked they would be worth millions so if you don’t want to lose pass them by.
So are there any good automated Forex trading systems?
Yes and the way to find them is to look for a track record that has been independently verified and audited in real time trading.
The best Forex robot software can return gains of 50 – 100% per annum.
These are great gains and will soon compound up over time but beware losses will typically be between 30 – 50% from peak equity at some point and drawdown periods can last for a few weeks.
So you need to look long term and you need to be prepared to accept short term losses with discipline. Executing an automatic trading system when it losses is hard, so take time to read the logic of the system and you will have the confidence to trade with discipline.
Always remember, if you can’t trade a system with discipline you don’t have a system.
Forex robot software can make you big gains but don’t fall for the hyped systems with no real track records and unrealistic claims; look for real time results and a system you can understand and trade with discipline. If you do this, you could soon be building wealth in around 30 minutes a day and enjoying currency trading success.