What is FOREX Robot, anyone try?

@paying (123)
Singapore
November 10, 2009 10:21am CST
i saw many adv. on Forex robot, auto pilot Forex. Does anyone can share their experience? Thanks
1 person likes this
9 responses
@d_e_v81 (360)
• Singapore
26 Nov 09
dont buy robots. in case you missed that....here i go again....dont buy robots! you need to know what u are doing first before you buy any robots. you see...robots dont work in every market situation (trending or ranging) you could make small gains 99% of the time but 1 % of the time you will suffer a big loss. you need to also learn hot to change the parameters in the ea. as far as im concerned, robots are for greedy, lazy people. only way to earn in forex is to have a strategy, stick to it and dont overtrade. getting 3% every month and compounding it every month is good enought to make you a millionaire in 5 - 6 years. and dont buy e-books claiming to sell strategies. these are targeted at forex newbies who are lookin for info. trust me, sites like babypips and forexfactory have tons of valuable info for FREE! I am using one of the strategies i learnt from there to have a profitable trading. if you like to know more, feel free to add me as a fren and pm me with 'forex' heading so i can get back to you.
1 person likes this
@siZidni (1860)
• Indonesia
29 Nov 09
hy dev81 i am impressed at your response. have u experience with any of robot outthere? would share to us here? btw, i would like to add you as friend so i could ask more about forex to you. thx a lot.
@bbxe99 (207)
• India
10 Nov 09
It's great and fast way to earn money if you know forex. Forex is foreign exchange i.e. think 1euro= $1.1. Now you have purchased 1000euros i.e. $1100.you invested that money to a growing company of your choice. The next day you saw other investors have invested money to the same company and the value reached 1.4 and you sold your share. So you got a profit of $300 in a single deal. And every time you need not invest money - you will be able to purchase credits. I know a company they gives you $20 just for joining, a free account to work or practice as long as you wish. Then they will give $10,000 purchasing power for only $50 If you are interested you can send PM to me.
• United States
10 Nov 09
This sound like were you should start if this is what you want to do. take all the practice you can get
• Canada
19 Dec 09
yes forex robot is a automatic trading system that help you trade without hesitation. You don't need to watch your computer all the time to find a opportunity to trade in forex market. My experience is to find a good forex robot which show a very nice performance before you really buy this system.
• Guatemala
30 Nov 09
Its an automated trading system that makes entries and exits based on establised parameters. A robot is good for emotional traders that cant control their emotions. Not all robots are created equeally. A robot should have no less than a 70% win rate.
• Turkey
2 Sep 10
www.forexsas.offtake.net best one
• Turkey
2 Sep 10
my chioce is this forex robot www.forexsas.offtake.net
@siZidni (1860)
• Indonesia
29 Nov 09
i did too. and i eager to know about forexyard? have you heard about it? i think it's good. but i should ask some advise here first. forexyard offer an auto trading tools. and i think it's good for a beginner like me.
@rucrazy4 (783)
• India
10 Nov 09
these all are money trading system.. where you invest some amount and get some interest on that amount... after some period.... but it is risky.... because 99.5% websites are scams and just robbed your valuable money... they provide schemes which are very dreamy and not possible..
• United States
10 Nov 09
Pilot forex is trading program that will help you pick stocks to buy and sell. I would say it would be a great tool for For the seasoned stock broker, it is not a scam, but you need to know what your doing in the stock market before buying such a program. If you want to be a stock trader learn the basics make a couple small investments and try your hand at it, but unless you Know what you are doing you will most likely lose money your first time out.