Most Forex robots will tell you they have the best mathematical algorithm for predicting Forex prices in advance but which really is the best? Let's find out.
The fact is that none of the cheap Forex robots make money, because Forex markets don't move to mathematics and it's odd that so many traders believe this myth. If you want to know why then just consider these 3 facts:
1. Humans make the price of a currency and their creatures of emotion not logic and don't conform to any mathematical theory.
2. If the market was a really mathematical in terms of how it moved there would simply be no market as we would all know the price in advance!
3. You never see any evidence from Forex Robots that they have made money in real time and none has a long term track record, verified by an outside source.
Don't be taken in by the simulation backwards, we can all do that and be skeptical if a vendor presents figures that are not audited by an third party. You need independent evidence a robot works and none present third party, audited verification.
The fact is the robot vendors sell a myth and that's:
Traders for $200 or less can get rich with no effort but this is pure fantasy and not the reality of Forex trading.
So how do you win at Forex trading?
The answer lies in a simple system which trades high odds set ups.
Simple systems work best in Forex and always will, as their robust and losing doesn't matter, so long as you cut your losses and run you're winning trades you can enjoy huge success.
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