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Forex trading software which generates automatic trading signals is popular and the choice of many new traders but instead of generating an income for life they see their accounts wiped out, here's the reason why... There are some software packages that make money but there not the heavily advertised, get rich quick Forex robots you see advertised for a couple of hundred dollars or less. If you look at the sales literature, they always claim they can make massive gains with low drawdown and better still, you don't have to make any effort to get this life long income. They justify the claims by producing track records which are simply back tests on historical data and of course this gives them a huge advantage: On back tests you know every high and low of the market and can buy and sell where you like and make a profit. The problem of course is when you trade for real, is you don't have the luxury of the price in advance and that's the challenge of Forex trading. You will be never find a long term track record that has been independently checked by an independent source, just back tests or figures which from the vendors themselves. If you want to make money at Forex trading, you need to understand that you have to make an effort and get a good education. If you do get the right education and have the desire to succeed, you could be on the road to making huge profits in around 30 minutes a day. NEW! 2 X FREE ESSENTIAL TRADER PDFS
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