Automated Forex Trading Software a.k.a Forex Robot for beginners.

This is a continuation from my previous post on forex auto pilot programs.

Making money in the Forex market is not as easy as it sounds. Brokers report that 95% of forex traders actually lose money, which is why brokers themselves do not go home and trade for themselves. Wikiepedia reports that the average lost before giving up is a whopping $15,000. A forex automated software program can prevent this and make forex easy. Even better is a forex robot.

The Forex market brings in thousands of hopeful people, and thousands pass along discouraged and out the back door. They come in with hope. They pay a hefty price for teachers, never knowing that 90&prcnt of the teachers do not trade forex with their own money. They know enough to get a job as a teacher but what they teach is theoretical knowledge, and this never works authentically for the student. The best traders are quietly retreating and not teaching.

A new kind of forex trading is the automated forex trading software. What they do is provide mathematically based lights, colors, arrows, bells, whistles and phone alerts to tell the trader when to take a trade. The purpose is to improve results and take the thinking out of the process for the trader. Some are highly sophisticated dash board set ups. There isn't a one that doesn't go back into its finer moment of history and market the success they've had. You'd think you could turn it on and within months to brief years you'd be rolling in millions of dollars.

In our experience of trying several of the automated forex trading software systems, some purported to be the best, they just do not work effectively.

So what is wrong with the forex automated systems? Here's the nub: the main problem with trading that creates failure is a ot overcome.

Here it is: It is the trader himself/herself, and in an automated forex trading system, the trader still must execute the trades. The main problem in trading currencies is execution. Every human has a degree of emotional fear, greed and doubt, so that over-thinking gets in the way. No matter what the indicator says, few forex traders ever actually execute the forex trades exactly as prescribed by the automated forex software systems. But even if they did, we have found that most systems are only about 50% accurate.

A better option is to move up to the next level, which is the fully automated forex system, the forex robot, that actually takes the trades so that the forex trader does not have anything at all to do with trading. Your fears and doubts cannot ruin your future. A sophisticated, mathematical, proprietary, software system acts like a robot.

A few are on the market and a very few have put the time, money and testing into their forex robot system to operate at a high level of efficiency. None except one is consistently monitored by a PhD level Statitician.

With a forex robot you do not have to learn about currencies or trading. While testing the best out, you have access to look at the accounts of other forex robot traders so that you see solid historical data for yourself—and not from a salesman. You can even interview others, and build your trust, before you fund your account. You also get a generous demo account to use while you are preparing to fund with your own money.

The appeal is not to the get-rich-quick scheme tantalization, but looks at the forex market as an investment and gains a consistent 3% a month. The risk is so low, that everyone sleeps well at night. These traders join the 5% who make money in forex. The accounts double every 24 months, so that a million dollar account is gained in short order, but requires a little patience.

Then comes a marvelous retirement. We tout this forex robot system because it is safer, monitored, clean and not playing on human sensitivity to gullibility. The investment to get started is so low it is almost embarrassing.