There's been a mini explosion lately with foreign currency trading. A revolution, so to speak, with the introduction of foreign currency robots, (also known as EA's or Expert Advisors, or Forex robot trading systems). They all promise large profits without any requirement on your behalf to know anything about forex markets or trading in general. On this site I am live testing some forex robots with my accounts. In particular, the Forex MegaDroid EA. I will report every trade, gather analysis and feedback, show you the actual settings that I use, and show you the actual profitability of this forex trading robot. Please make sure you check back regularly for my documented results and progress, and follow each trade on my blog also at http://tradingstockshop.com/Blog
Remember this: That currently the forex markets are so volitile, Prop desk traders all over the world have already made their budgets! Smashed their targets out of the park, and already they are trading over 1000% returns. These guys that do it for a living are succeeding! now lets see if we can trade a small account with the same degree of profitability as the guru's.
My name is Gareth, and if you have any questions for me or your own feedback and analysis that you'd like to share, then contact me at: support@tradingstockshop.com
Have You Ever Purchased a Forex Robot That Performed Well in Backtests and Demo Accounts, But Wiped You Out In Your Live Account?
The robot you just bought had a Serious flaw which most robots have. It either performs well in a trending or ranging market. Once conditions
change from trending to ranging (or vice versa)...GAME OVER!
It’s as simple as that. Nothing more, nothing less. Forget about all the B.S. you are being fed from FX robot vendors. Please, be smarter than that.
YOU WILL NOT HAVE THAT PROBELM WITH ANY PRODUCT I PRESENT TO YOU! Period... They are the best, Tested by the market... and By Me, and ALL results Reported on this web site! You will not be dissappointed. You will NOT Need to Look Anywhere else.
FX Trading Robot Systems
The primary question with any trading system is "Does it Work?" So let's investigate that notion further...
I have tested many forex robots; on this site I will present only the robots which I consider to be sound and personally tested. Currently I am trading Forex MegaDroid and am about to start testing FAP Turbo EVOLUTION.
Whether you are watching a trade or looking to enter a trade, the two things that made it difficult to establish consistency are 1) Emotion and 2) Access to the markets when they are open.
Automated Forex Robot Trading Systems solve both of these issues. They use complex algorythmic trading pattern recognition, and money management systems to ensure trades are highly profitable, and probable.This is most accurately depicted by robots trading accuracy, with successful (ie. profitable) trades sometimes reaching as high as 98%! Given that these robots are always trading, an account with such a high probablity of success is bound to make you a squillionaire! Or is it?
Trade Myth #1: All systems are created equal, so the higher your probability of a successful trade, the more money you will make! - Don't fall into this trap... this thinking will surely clean your stake in the market out completely! If you trade 100 times. and 99 of those times you make money, and 1 time you lose, if your loss is equal to 100% of your trading stake, then you will eventually loose everything... This concept is called Expectancy... if you want a crash course on expectancy, then I suggest reading any trading book from Van Tharp... something like "Trade your way to Financial Freedom"
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