I was a skeptical as the rest of you when I first heard about Forex and Forex Robots. Yeah right, you just deposit some money in your trading account, load up the Robot and then sit back and let it do the work for you!
Sounds easy and too good to be true, doesn’t it?
Well I am living proof that anyone can set up a Forex Robot and make real money within minutes of downloading it. I am a Project Manager in Construction and I take home a SIX figure salary from my day job. I have invested my saving in Stocks and Shares in the past with mixed success and I also invest in real estate.
I like the idea of Forex Trading as an alternative way of investing for several reasons:
No Commission – I am sick of having to make 10% on shares just to pay the broker, Forex brokers make money from the spread not per trade. This also means you can make more trades for smaller gains, they all add up.
Buy and Sell – instead of just making money as a stock increases, with Forex you can make profits as the values go up or down because the currency is traded in pairs.
Autopilot – I can leave it to work on my behalf while I work, sleep and even go on holiday.
Worldwide 24hr Market – There are no closing bells in Forex, I can trade (or should I say the Forex Robot can trade) all day and all night making more profit
Leverage – The brokers will allow you to trade with up to 100X your investment, this means you can take advantage of very small changes in the price.
I also like the fact…