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Question: What is a good forex robot?

(Posted by: Igal Cohen on 2010-01-26 23:55:49)

Hello to all, can anyone recommend me on a good Forex Robot that can make me high profits?? Thanks

Posted by: Alex M on 2010-01-27, 00:05:12

Hello There are many sites that compare the Forex Robots - here is a blog that give short review and maybe will help you. They only compare 2 Forex Robots - but maybe it will give you a start.

Posted by: TCW on 2010-01-27, 00:40:21

I have bought two of them and done well with both. I started with this one which had a lot of explanation and some solid strategy's with a step by step training program. vur.me/ tcw44/ r I later purchased a much more expensive one and it had less information but was still worth the price in the long run. It had a robot that actually worked although I just could not bring myself to trust it with real money. LOL vur.me/ s/ VRi I am still doing Forex but now spend a lot of time doing penny stocks. Lots of fun and some money to be made. What ever you do, do not go into this looking to become Warren Buffet by next year. Take your time and learn the ropes and the language. Start with practice accounts until you feel secure with your decisions and you can come out way ahead..

Posted by: MoMo on 2010-01-29, 12:35:29

There is a live FXMC & Boston Technologies sponsored competition going on right now, with 24 forex robots with real money live accounts and you can watch it in real time. You can watch and see which robots claim to perform and which ones actually do make money.

Posted by: Bianca on 2010-01-30, 19:01:38

Many of the people who successfully trade every day would be hard pushed to properly explain forex to someone who has absolutely no idea about it. People who are not actively trading don't even know in many cases that forex is an acronym made up from the two words, "foreign exchange. " Trading in foreign exchange, or forex, is highly profitable for many. However, where you can position yourself to make huge profits, you usually also position yourself to risk huge losses. It's essentially a gamble, but if you learn the trade properly, and learn to walk before you try to run, then you won't need to explain forex, for forex will explain itself.