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Forex Robot Trading Myth - They Make Huge Gains - They Don't They All Lose Here's Why by kelly price





Article Author Biography
Forex Robot Trading Myth - They Make Huge Gains - They Don't They All Lose Here's Why by
Article Posted: 08/07/2010
Article Views: 164
Articles Written: 2028
Word Count: 402
Article Votes: 0
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Forex Robot Trading Myth - They Make Huge Gains - They Don't They All Lose Here's Why


 
Finance & Investment
There are many myths surrounding Forex robots but the biggest of all is - they make huge gains with low draw down. Sure, they present track records that look great but the user never sees these gains, they lose money - Why? reason is simple and enclosed in this article.

If you look at the track records presented, by the cheap Forex robots sold online, you will see huge growth rates and little or no draw down in fact, the track records are actually better than the world's top FX traders, like George Soros and Jimmy Rogers could achieve yet, you can do better for paying under $200.00! Doesn't quite sound right does it?

The reality is none of the cheap, Forex robots sold online, present an audited track record of real money gains! The track records are presented in two main ways:

1. The track records are simulated, going back over past data, knowing all the closing prices which is so easy anyone could do it! Of course, in the real world, you have to trade without knowing this key data and that's a lot harder!

2. Other vendors put up real money results (or so they claim) but there is never an audit, by a reputable outside source, so you have to take the word of the vendor selling the system. If you look around the forums, you will find many traders puzzled by the fact their not making as much money as the vendor! If you really think you can make huge gains for life, by spending two hundred dollars or less and also make no effort, your going to end up disappointed.

How to Achieve Forex Trading Success!

In a market where 95% of traders lose money, you need to make an effort to win but the good news is with the right education, you can acquire the skills that can get you on the road to trading success. While Forex trading success requires effort, anyone can learn the skills needed to win and for the effort you have to make, no other industry can reward you with so much money as global Forex trading.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and the BEST Currency Trading Strategies for success, visit our website at: http://www.learncurrencytradingonline.com.

Related Articles - forex robots, forex robot, forex robot trading, automated Forex trading, online forex trading, forex trad,

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