Do forex trading robots really work?
I’m Rob the forex robot trader. My intention for creating this website is to verify that money can be made using automated forex trading software, using the MetaTrader 4 platform. Hopefully, I will also make some money from being an affiliate of the vendors I promote, which wiil help me pay for the costs of running this website. But my main objective is to make money from my trading robots.
I’ve tried trading manually, and have not made any money. I get too emotional. I don’t stick to the trading rules. I miss good trading setups. I’m sure that if you’ve been trading for some time, this has happened to you too. Of course, there are those few pro traders who are well disciplined and are very successful and profitable.
I find that by using a forex robot, it’s easier for me to be disciplined. I also don’t miss any good trading setups. But, yes, I still get emotional if my account goes in the red. But by testing a forex robotic system, I find I have more confidence in letting the system do its work and not let my emotions interfere with its progress.
FOREX Reality is all about finding MT4 forex trading robots that really work. I'm using real money and demo accounts. There are so many forex robots on the market, and some just don’t work. Things can change. A forex robot can work for awhile than stop working. I’m looking for Expert Advisors (that’s what MetaTrader calls forex robots) that are programmed with trading rules that will make consistent profits. Do they really exist? We will find out.
My long-term plan is to eventually develop my own Expert Advisor after researching many different trading systems.
So far, based on my research, I have only found one forex robot that shows promise: Forex Morning Trade.
I use myfxbook to show my real money and demo account results. Myfxbook requires that two verifications be made in order to confirm that the trading account is real.www.myfxbook.com
Forex Morning Trade
Forex Morning Trade uses two indicators and trades once per trading day, at the same hour of the day. You can trade the system manually if you want. It’s not a black box system where you don’t know what’s going on. This is the only forex robot that I’ve found that actually tells you what trading system it’s using. Live trading results are posted by the founder, Mark Fric, which he started on August 2, 2010, for his customers on his website. Mark only shows the pips his gained or lost and is still showing a profit. He started a forum which was very active until a group of the most active posters decided to start their own private forum. I’m active on the public forum under the name of RedGuerrilla.www.trade2win.com
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