The gloves are on — affordable Forex Robots are at battle. Which one will win “Best Forex Robot?” Both of these have incredible claims as well as testimonials. Yet, which one wins? It is hard to say, because in my opinion it is based on the temperament of the Forex Trader. Here is why …

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The two Forex Robots I am writing about are FAP TURBO and Megadroid Forex Robot. They both are beloved by many, yet they both have pros and cons in their ability to make you money in Forex.

Any given day you can find numerous disappointed buyers of forex robots. These buyers turn out to be disenchanted simply because the software program they purchased did not live up to its creator’s promises and claims.

Many of the forex tools for sale, at this time, will give you profits for a couple of days, yet, in a blink, your money can get desolved, and you will be left wondering what in the h**l happened. This may be why people jump around so much using this robot, or that robot — they are in search of the ONE that WORKS.

Seriously, you will find two affordable Forex automated programs available these days that actually come close to the claims their sellers make:

Since it’s initial introduction, FapTurbo has been sold to more than 65,000 traders, and has scores of unsolicited positive feedback. The majority of customers happen to be very pleased with the software, especially when they are operating the “scalp” strategy.

The biggest issue noticed more and more (about 20% evaluations), with FapTurbo , is individuals have been finding their accounts shutdown. Brokers can tell that robot traders are using some sort of software designed for automatic FX trades. And Forex trading Brokers detest profiting robots.

On the other hand, there is Megadroid Forex trading Robot — one of the “newer” automated trading programs, that is being found to really function in making you cash. Although this software is fairly new, it’s getting excellent reviews with a few complaints.

The Megadroid FX Robot addresses the obstacle associated with FX brokers shutting down accounts. It is 100% invisible to brokers – guaranteed. It will also guard your account from dishonest Forex brokers as well. This robot is built with safety and security functions which are found no where else. These functions are incredibly essential for your money and account’s welfare.

Megadroid Forex Robot designers declare it may easily “see” 2 to 4 hours into the near future at 95% reliability over the long term, therefore it can render the better trades. Almost all similar robots work based on past information.

It can almost be regarded as a different type of “Forex tool” when being compared to every other sort of FX automated software program, in that it is imperceptible to brokers; uses “upcoming” (it’s psychic!) information for the purpose of trades instead of past; and automatically adapts to multi-market factors. If set up correctly, will certainly provide earnings for the account over the long term.

One more way it’s very unusual, is the software trades really lightly on a everyday basis, only one, two or possibly three trades a day (good ones most of time, though)

And, that is exactly where the complaints come from about the Megadroid Forex Robot.

Many Forex robots buyers expect their software to make tons of trades everyday, hopefully along with large earnings. The Megadroid Robot doesn’t do this, it is slow, however, it gains. It’s steady wins are not spectacular or exciting, yet it gains.

So, we are down to the last count …

FapTurbo FX Robot continues to receive good reviews, and people can sometimes make cash fast. Even though, individuals also lose their accounts, or sometimes lose their money quickly.

If you like exciting robots trading & adrenalin rushes, you may wish to pick FAP Turbo [Click Here]

Megadroid Forex Robot is slow-moving and stable. If the trader wants consistency, and is patient (and has the right settings), they should observe their funds becoming bigger and bigger.

If you have patience & like to watch your account balance grow steadily try Megadroid [Click Here]

To be a a Happy Forex Robot consumer, you have to decide if you’re the turtle or the hare. Just remember which one won the contest.

Forex Robots War Who Wins Best Forex Robot Title? is a post from: Forex Robots !

Is Megadroid Forex Robot the best (or finest) forex automated software. Or, is it a fluke only making you money “sometimes.” Or worse, is it a flop in that it does not work? Answering the questions, we will begin with why we think Megadroid Forex Robot just might be the best Forex Robot.

Do you have more questions about Megadroid Forex Robot? [Click Here]

The founders of the Forex Megadroid software, Albert Perrie, Forex Trading Since 1989 and John Grace, Forex Trading since 1991, created this forex robot to be the only one capable of multi-market performance and to turn $1 into $4 in EVERY market condition.

It is also using advanced artificial intelligence (A.I.) which means it is completely invisible to Forex Brokers. Therefore, even corrupt Forex Brokers will not be able to prevent you from profiting with the robot. They have coined the name as “Broker Buster” technology.

Megadroid is “psychic”. It can “see” into the near future of 2 to 4 hours. If you are familiar with how forex robots work, then you know they use historical data. That is all in the past. The Forex Megadroid has proven it’s ability with 472 days (as of this writing) of record, that it is 95.82% accurate over a long period of time. It has even adapted to the new market reality giving 100% net profit per month.

See Megadroid Forex Robot in Action [Click Here]

Mr. Perrie and Mr. Grace also refused to release the fx robot until they were able to get the setup time down to under 5 minutes. This means you can download it and set it up on your computer and be trading within 5 minutes.

Megadroid Forex Robot Bonus

As a bonus, they also give you resources where you can begin simulated forex trading to test the software. Alternatively, they also give you resources as to where you can begin ACTUAL forex trading for just $5.

You can buy Megadroid Forex Robot with confidence. It comes with a 100% Money Back Guarantee. Therefore, you can buy it, use it in simulations or with real money to learn for yourself it it really works.

So, in summary, The Forex Megadroid IS the Finest Forex Robot. It is NOT a Fluke and it is NOT a Flop.

There are only a very few FX Robots that can adapt to new long term market conditions. Yet, those that can, NONE can see into the immediate future, and trade with 95.82% accuracy over a long term.

Get all the Megadroid Forex Robot details [Click Here]

Forex Robots: Megadroid Forex Robot Review – The Finest, A Fluke or a Flop? is a post from: Forex Robots !

This robot is a bit younger than Forex AutoPilot but it has quickly surpassed it in popularity. It is, in fact, based on Forex AutoPilot and is an improvement on the previous robot.

Tested over a 9 year period and with excellent user testimonials, FapTurbo is one of the most powerful trading robots the world has every seen. It has the ability to generate long winning streaks and has an in built mechanism for risk management which is more accurate than that of Forex AutoPilot.

This robot is a bit more expensive that ForexAutoPilot but is still highly affordable.

Forex Robot #3 – Forex Killer

Unlike the previous 2 robots, this software doesn’t trade on your behalf. It is merely an advisory software. It generates trading signals for you which allow you to place trades with a high probability of success.?This is perfect for people who don’t want to rely on fully automatic robots and enjoy a more hands on approach to trading. Forex Killer is one of the most popular robots in the world and truly complements one of the previous robots.

Having Forex Killer alongside either FapTurbo or Forex AutoPilot is an excellent way to boost your forex earnings.

By: John J. Drummond

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1. What is the first big weakness of human beings? if I say it should be “greed”, is there anybody will disagree? Many times we have got 1% profit, but we feel it is not fat enough. We want more, 2% or 3% will be better. While the profit really goes to 3%, we will think how about 10%? Not enough forever. But the market is so volatile, especially in Forex market, we often encounter this depressive situation: profit turns into negative from positive. and this kind of depression happens again and again.

2. Fear. All people have fear. In Forex trading, currency rate is easily jumping or dropping hundreds of pips. Few of people can make sure how the market will go. In Forex market, people all use leverage to trade, from 50:1 to 500:1, leverage will enlarge the profit or loss from 50 times to 500 times. Leverage is the wonderful feature of Forex, and it lead fear into people’s heart too. If the market goes against people, big drawdown comes, their fear comes too. Is there anybody not scary to lose money? Under the pressure of fear, people easily and often make wrong decisions, stop loss too early, then regret soon.

3. Lack of confidence. Seems better than fear, huh? But it is still not a good thing. Many times human traders are so happy once they see a little bit profit in their accounts. They are worrying what if the profit turns into loss? People always take a tiny profit and run, then regret while they see the market goes further and further along the right track. If they were confident, they would have made ten times or even a hundred times of profit.

4. Hesitation. Not only newbies, but also old-hands easily hesitate to act in Forex market. You’ve probably heard the saying “past performance does not predict future performance”. Even a very experienced trader who has made many successful trades in his/her history, while he or she is facing a new situation, needs thinking twice before making a so simple decision: Buy or Sell? For new traders or amateurs, they need longer time to think, and this kind of hesitation always leads them to confusion and missing the best and fleeting chance.

5. Weariness. How many people can keep working for 24 hours? No sleep, no rest? How about 48 hours, 72 hours, etc? Even an iron man can not use his eyes watching computer monitor, his brain thinking fast changing questions and his hands calculating complex formulas, day and night, 24 hours a day, 6 days a week, non stop. Especially, no mistakes allowed!

Nobody can!

None!

No doubt!

Don’t mention the Super Man. He has weariness too.

6. Negligence. Have you ever got trouble just because of a small negligence? such as took a wrong bus, missed an exit on highway, dialed a wrong number, misunderstood boss’ order, ignored a no-parking sign, omitted a whole page of questions in an examination, left resume at home while a vital interview, misspelled a keyword in a quote form for a VIP customer, etc. Hi, man, when was the last time you forgot your mama’s birthday, or worse, the wife’s, or the worst, girl friend’s? Mama always forgive your negligence. Wife… well, it depends. Girl friend? Huh, wish you good luck.

But unfortunately, in Forex market, no one will forgive your negligence, even yourself. Any negligence must be punished! You could get a margin call, only pennies left in account, may just because a tiny negligence.

7. Lack of discipline. Humans always think that we are smarter than machines. Sure we are. Not only we are smarter, we have freedom too. But everything has its nature, character, and rules. Rule means discipline. If we just feel smart and free in Forex trading, making decisions based on our feelings or knowledge only, and ignore discipline, there will be endless disasters waiting us ahead. Forex trading is like fighting in war, soldiers can not survive in war without discipline, neither can traders in Forex market. While we have to stop loss we must cut off and run, in spite of how bloody and painful it is, when we must take profit we can not **** the profit is too small. Discipline is discipline, perhaps some smarties can win a while, but only those people can keep obeying discipline forever can win forever.8. Inconsistency. Long term or short term? buy or sell? prosperity or depression? over bought or over sold? high or low? support level or resistance level? fundamental analysis or technical analysis? including automated trading or manual trading? etc. There are too many inconsistent news, facts, information and methods, strategies in Forex market, easily cause human traders make inconsistent judgments and decisions. And these inconsistencies will cause only one same result: failure!

To overcome these terrible weaknesses of humans, people have developed many methods. One of them is called “Automated Trading”. Automated (or Automatic) Forex Trading means to trade Forex (Foreign Currencies) using some trading systems, programs, software or robots (on Metatrader MT4 platform it is called as Expert Advisors – EA), without needing a human to physically trade. An automated trading system is a group of specific rules and parameters, governing entry and exit points, having the ability to both generate signals and execute trades automatically. An EA is an automated trading “robot”. Robots can beat human beings at chess games, EA robots can beat humans at FOREX trading also.

Programmers consider many components synthesize while they are developing an automated trading system or EA robot, including: Nature of Market, Math Modeling, Time Frame, Entry and Exit Signals, Stop Loss Trigger, and Profit Target, etc. After the system is created, they do back testing and forward testing rigorously both in demo and live accounts. A fully automatic trading system created like this way is able to analyze the market independently, work completely on its own and constantly generate signals, auto-execute in a trading platform. Alternatively, programmers can design the system as a kind of ‘semi-automated’ whereby users can be alerted when the Entry, Exit, Stop Loss or Take Profit trigger occurs. Alerts can be audible through computer, sent to E-mail address or even sent as a message to cell phone. Once the user confirms, the robot will obey the order to finish the trade.

There are many advantages in Automated Forex Robots Trading, such as:

1. Automated trading is executed by computer. Today, computer science and information technology have been developed to a very high level. Computer can perform calculations thousands of times faster than humans, workout logical computations without error and store memory at incredible speeds with flawless accuracy.2. Taking the emotion out of trading. Unlike humans, an automated trading system will never be misguided by greed, fear, hesitation, and inconsistency. It just trade mechanically (but fully programmable), unaffected by a trader’s psychology. It performs based on the set criteria and disciplines. Obviously, this reduces the risk of panic trading.

3. Automated trading can take trades day and night, non-stop, no weariness and negligence. EA robots free their owners of the necessity of sticking in front of the computer at all times. Once an effective system is developed and optimized, it can be left to run full automatically and independently. A successful automated trading EA robot will allow its owner to focus on optimizing strategies and money management rules rather than having to constantly watch the market.

4. Computer can run multiple programs simultaneously, so we can use automatic trading EA robots to take multiple trades synchronously. That means we can include multiple conditional entries and exits, profit targets, protective stops, trailing stops, and more in our strategies, and have them all automated at the same time. This powerful function can help us to maximize our return of investment, and reduce risk.

5. For day traders or other short term trading fans, automated trading robots are very helpful tools to deal with high frequency of trades using tick data. Day trading keeps traders exposed in market very shortly, so sometimes it is safer than long term trading, but it is really difficult for a human to handle. However, for automated trading EA robots , it is just a piece of cake.

6. No matter long or short term trading, Forex market always is volatile and waves fast, only automated trading can afford faster identification of signals and reaction to them. No doubt, computers will typically beat human beings in the speed of identifying a trading signal and the entry and execution of the corresponding orders. No more missing a trading opportunity.

Automated trading is not perfect yet, and EA robots can not think instead of humans. If the programmer’s skills are at a low level, or the strategy idea is untenable or nonlogical, the corresponding product will not succeed. However, the practical experience shows that a high quality automated trading system always guaranties some kind of financial success for its owner working on Forex market. The latest fact is: in the Automated Trading Championship 2007, a world competition, all participants use EA robots, the champion won 1204.75% profit, the runner-up won 450.42%, and the third place won 299.45%, just within 12 weeks.

Isn’t that amazing?

By: Victor Mars

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