I’ve recently started trading forex online and have heard about forex robots that can trade currency pairs automatically for you.
I would like to know if anyone can recommend a good one and if so, what they like about it?
It has to be completely “hands off” – not just one that gives you signals which you then have to trade manually. This robot (some call them ‘expert advisors’) has to do everything for you … and make good money (of course!) with minimal drawdowns to your account balance.
You can find reviews of several forex robots by someone who has tried several at http://www.forexweek.co.uk/
hello everyone i need some help with starting forex trading firstly i would like to know which is the best site to learn all the symbols and so on, secondly i would liek to know as a day trader is it true you have to sit in front of the screen all day to trade, thirdly i have heared about this system called ivybot i want to know if its true about how it can help make you money i am from the uk and everytime i search for information i get sites that look like there going to scam you for information asking me to pay all the time. thank you for and advice and help given much apreciated
Start with investopeadia, then read some books BEFORE you start trading – The Online Trading Expert is a good one.
Stay away from bots, you won’t make any money that way unless you really know what you are doing.
Then when you are ready open up a dummy account with IG Index or someone similar to test trading with. Any Metatrader platform is the best for reading charts on.
No you don’t need to sit in front of the screen all day to trade, I trade FX every day and most of the market moves take place between 6 and 9am and from about 12-4pm.
I have been trading for more than 4 years. I just manage to break even. I have tried many systems but nothing has really worked out. I would like to try automatic trading.
Do you know a reliable, serious, highly profitable robot out there? Please answer only if you have tried it and have had consistent and significant income out of it. Thank you in advance.
Hello,
Yes there are some good robots.
For a total “hands free”, automatic approach, this website has worked wonders for me: http://www.forexapt.com/ – forex auto pilot turbo. It offers, among other features, high spread protection system and automated risk scaling. They say “95% winner”. Well, we all know that does not mean much! Only the bottom line counts. In this regard, it has really delivered for me.
Apparently, I was in the same type of situation as you are in. No consistent income. I gave that robot a shot because they guaranteed a refund within the first two months after purchase if I was not satisfied. I had to try it. I adopted it. I have been using it for more than 8 months now. Each case is different, that’s just my experience.
