Do Forex robots work? Ever since the first robot was released on the internet 10 years ago, the debate has been raging, and today we still don’t have a good answer. Why? Even the best Forex robots stop working after a while, and what most people don’t realize is that aren’t told what to do to maintain their robots in good working order.
Well, the robot sellers certainly won’t teach you. After all, they won’t make that much money selling you just the one robot for life, right? So they sell you a Forex robot trader, knowing that it will stop working after a year or two, leading you back to them paying good money for the next upgraded version. I don’t know about you, but I’m sick of buying the latest and greatest system out there when I can just maintain my Forex robot trader so that it’s in tune with the markets. By the end of this article, you’ll know how you can optimize your Forex robot trader so that it will stay fresh and profitable for years to come.
What Exactly Does “Work” Mean?
Have you ever stopped to think what the “Work” in “Do Forex robots work?” means? Well, it stops making money and starts losing you money, right? I’m going to go a little deeper, if that’s alright with you, and expose some secrets of the Forex trading systems industry while I’m at it. You see, most robots are built on specific trading strategies which are quantified by certain trading indicators.
For example, and I’m oversimplifying this for illustrations sake, trend trading systems…