Can a complete beginner use a forex robot?
Friday, January 22nd, 2010 at
12:25 pm
dkjc asked:
I have heard of currency trading. A set up a demop account a couple years ago. Of course it was a bunch of gibberish. I didn’t understand anything. But f course I am looking into a way I can be a at home Mom. I would be willing to learn about trading. But some of these robots make it sound like anybody can make money. If that were true, woudn’t everybody be rich? I have heard a lot of good things about FAP Turbo and Forex mega droid. I have also heard that these robots only work if you have been trading for years.
I have tried cash crate, surveys, reading emails, and a bunch other stuff. I don’t like it.
I have heard of currency trading. A set up a demop account a couple years ago. Of course it was a bunch of gibberish. I didn’t understand anything. But f course I am looking into a way I can be a at home Mom. I would be willing to learn about trading. But some of these robots make it sound like anybody can make money. If that were true, woudn’t everybody be rich? I have heard a lot of good things about FAP Turbo and Forex mega droid. I have also heard that these robots only work if you have been trading for years.
I have tried cash crate, surveys, reading emails, and a bunch other stuff. I don’t like it.
Tagged with: Gibberish • Robot • Sound Money
Filed under: Forex
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No robots can beat the market. You have to learn forex trading the hard way. Starting from demo account. Then real account. Lose some money (just treat it as tuition fee). Hopefully you will have learnt by then and making some real money.
Good luck.
Before you start investing, check this site out:
We all heard of “Forex RoBot” which automatically executes decision intelligently to make gains… that site features a Stock Market RoBot! This website uses a Stock Market Robot to track and intelligently pick the best stocks that have high potential to make huge profits.
To make lots of money you got to spend some money. That is the official website that helped me start making thousands recently. It was featured in Forbes magazine before – it is damn good. Many people praised the Robot and wrote testimonials.
Especially with the current economic crisis, imagine how much you can make once it hits the bull market!
Here’s an evidence:
On 18 May 2009 (last month), a few hours before the stock market opened, I received an e-mail from the website that UOMO penny stock will rise to new highs. I bought 10000 stocks at $0.35 (the closed price for the weekend and before the market opens) for $3500.
As soon as the stock market opened, the price soared till $0.52 and closed at $0.81! The next day, it rocketed to $0.90 and I was informed by an e-mail from the website to sell the stocks off by the end of the day.
And luckily I did because the price fell after that. I earned a hefty profit of $5460 (After broker fees) just like that in 2 days.
See the graph if you do not believe me!
So believe me, this robot really works. Check out the live demostration video at the website if you still doubt it.
P.S: Please use Firefox as I just found out the website is only optimized for Firefox browsers and NOT Microsoft Internet Explorers.
Yes a complete beginner can use forex robots, Im using them and Im pretty new to forex. I started using forex around the beginning of this year and have been through quite a few robots, alot of losing ones like forex ambush, forex espionage, forex maestro, forex grail, etc etc… all losers. There are only a few robots around that are actually making money for people and they are very easy to use, anyone who can follow simple instructions can use them. I’m consistantly receiving a good income from the 3 robots I’m using.
Best advise would be to create a demo account with a forex broker, i recommend Alpari or GoMarkets (free of course)
Then go purchase a forex robot (I have 3 profitable ones at my site), test it for 30 days to get a good overall result, if the robot is profitable then go create a live account and use real money to generate income for yourself, if it doesn’t work for you then you can easy just refund it and you haven’t lost anything but a bit of your time. Then you can either to decide to try another robot or move onto something else.
=)
Hi there…
No doubt there are forex robots that work..- Meaning get you consistent profits every month.
But these robots are very rare and extremely costly.
If you’re really keen on profiting from forex, then learning proven ” manual ” training strategies as well as cultivating good trading psychology would do you good in the long run …No Joke!
Once you’re confident in your manual trading and can achieve certain ROI every month…
Then you can use a so called Forex Robot to help you grow your account further ….( but only trade very small lots and provided you can find one that is reliable. )
From what I have tested…” most ” forex robots selling online now are just not for long term as they cannot survive all market conditions.
I have started a forex trading blog sharing strategies and other tips.
Feel free to read it here if you’re keen :
=>
Cheers to you and good luck.
- Aaron
I wouldn’t recommend going straight to a forex trading robot as they’re not as hands-off as their inventors want you to think. If you’re interested in forex start with a primer for currency markets in general then learn different trading strategies until you find one that works and makes sense for you. Forex offers great opportunity but there’s also tremendous risk…
It is impossible for robots to consistently make money over the long term, if they could we would fire all the money managers and replace them with robots.
In the real world it takes a lot of education, Research and experience to consistently make money in the forex market.
Yes, you can use Forex robots as a beginner, but you want to take advantage of the practice trades first. I would do practice trades for at least a month. The one that I started with with FAP Turbo. It was great in helping me learn Forex trading