Sunday, October 11, 2009

Automated Forex Trading


Automated Forex trading systems are popular and most new traders think there the way to trade an automatic way to make money, make a regular income and all for the price of a night out! They don't deliver; here's why...

If I walked up to and said give me $100.00 and I Will give you an income for life, you would laugh at me but when people by get rich quick robots that's exactly what they do.

Common sense should warn traders that if a system looks to good to be true it is and these systems offer better track records than the worlds top traders who are on millions a year in salary, yet none of these traders would ever use such a system, because they don't work.

Here are some of the claims made and the reality.

- Double Your Income Every Month

This is impossible in an odds based market!

Forex markets don't move to a set mathematical theory, so it's impossible to double every month with certainty.

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