A Forex is often the best choice for investors, but which one should you choose? Often many of the so called robots promise fabulous results with little time or energy spent in learning the Forex products, often taking advantage of unsuspecting consumers. Some of these so called Robots claim to have mastered the algorithms, so they claim you do not need to learn such.
To start off with, any of the automated Forex "systems" that actually guarantee profits are just ridiculous. As with any product that is traded nobody can guarantee results. A Forex market / software is just like trading in the Stock Market, human intervention (mostly FEAR and GREED) play, the largest part in the trading. Many people claim trading Forex is like printing money, I say its much more different than that. If you are investing only for a few minutes, days, or even weeks, Forex can be like taking your monies to Las Vegas, to bet on the big one, with about the same results.
However this is where a Forex Robot comes in, it systematically does the trading for you without the emotion of FEAR and GREED, which kills most ALL investors. As most investors loose because of FEAR and GREED as they place their trade at exactly the wrong times because of these 2 destructive emotions. With a Forex Robot you can at least give yourself a slight edge by putting at least some probabilities in your favor. This at least gives you an EDGE, the robot then manages it to keep fear and…
by Chas Epp