Sunday, January 31, 2010

How to Choose Your Forex Trading Robot

It is very hard and complex job to find and discover a good forex trading robot but I can help you a little by defining some concepts and compare some of the good forex trading robots in the market today. I searched in many places and I found that the best forex trading in the market today and during the last year is fapturbo and forex megadroid. The main difference between any forex trading robot is the accuracy and winning rates. I read in my forums like babypips that the best one among them is fap trubo and I found many positive reviews for fap turbo in the forex market. This robot reaches the 95% of winning rate. So the first thing you should look at is the winning rate and the second thing is the risk guarantee. Well, it is a weak point in both fapturbo and forex megadriod that they just provide money back guarantee but what if I lose my money whiles I am using these robots? Well you just lose it and no one will help you. For that I always ask any forex player to test the software under the demo mode and this will be the first thing you should look at if the robot support demo-mode as well as live-mode or not.

Before you decide if a specific robot is good or bad you should test the robot with the major currency pairs and not the minor currency pairs and also test it at least 4 weeks in the demo-mode before you go to the live mode. I wish this information helped you a little ^_^

Automated Forex Trading Robots Overview

Right now you should know what is the forex market is and what traders are doing in this competitive market, but right know you are confused and you think it may take from you hours to find a good trade and maybe it is not profitable enough for you. For that the automated forex trading robots were developed. The missions for these robots are to watch, analysis, and find good trades. These robots do exactly as you do but automatically. You can find many of these robots online you can just go to your favorite search engine and search for “reviews for fap turbo” or “forex mutant review” and you will find hundreds of information about these robots. Anyway let’s go back to our main topic.

You are as a human find a good trade according to specific algorithm in your mind and that what these robots doing. The developers convert this trading algorithm to mathematical equations and develop it into computer program. It maybe seems like a complex process but once there are well-tested robots it can work just like human and even better because it does not make errors unlike humans. For sure there is a winning rate even for the best forex robots like fapturbo but the mistakes are the developer mistake because he could not find the perfect algorithm. Anyway you should know that the current percentage for the top forex trading robots is 95%.

I wish the previous information helped you a little and please visit my fap turbo blog again soon to find more information about forex trading market.

Forex World Overview

Welcome again to my fap turbo blog and today lesion is the first lesion which will makes you learn the basics of the forex world. Before anything I must warn you from this market because there are many biased information and scams in this market. For that you much learn from good sources that do not target any profits from you. Now let me ask you, what is the forex market?

The forex market is a big place where forex players are buying and selling currencies in every second. Each trader analysis the forex market and wait for a good change in a targeted currency pairs to make a winning trade. I am sure you are confused. Well, the forex market is like a game where you buy one currency and sell another one. Let’s say at this moment you make changed 1 euro with 2 dollars and in the next hour you changed the 2 dollars with 4 euro then you already make profits. I wish this make everything clear to your mind. You should know that you are doing all this process manually but you can speed this process by using one of the automated forex trading robots. You will find tons of them in the market and I will try to give you in the next post full information about it.

I wish you like this post in my fapturbo blog and I wish you right now understands the meaning of the forex market. In the next post I will dices with you the automated forex robots and how these robots can make your life easier.

Welcome to my fap turbo blog

Welcome to my fap turbo blog where you will find very useful information for forex market. In this blog I will try to share with us some of my knowledge about forex world and how you can success in this competitive market by using the latest technology in this market. Also I will try to post some good resource and information that may help you to increase your forex knowledge. You must know that forex world is not easy world and it requires a lot from you including time and money to know how to get your chair on it.