It's an investment fact with reward goes risk and double figure drawdown is inevitable. You don't you follow the signals but what's the point of following something that loses. Forex Robots - Essential Facts ALL Buyers Need to Know Forex robots are the choice of most novice traders and here, we will look at some facts that you need to know before buying one... The robots claim you can predict the future with their algorithms but of course no one knows the future and prices cannot be predicted.
"You Don't need to know what you're doing to trade with a Robot" Now this statement is true. If you are trading Forex and aiming for triple digit gains, this is impossible.
Forex robots are a great way to lose money, so let's look at the claims the vendors make and the facts about robot trading which means you should avoid them. Markets don't move to mathematical certainties, they move to probabilities so you can forget trying to predict them. If you could double your money each year, you would be up there with the best traders in the world, no robot makes gains like the above except in paper back tests. |