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Authorised by the
Financial Services Board of
South-Africa
as an
approved
Financial Services
Provider
CBI
FSP 21606
Key Individual
(Cat. 1.15 and 2.12)
Also registered at
PIC
FSP 20878
(Cat. 1.8)
FPI
AFP 200200549
FOREX ROBOTS
(Automated Trading)
Good News:
You do not need to go and buy every EA there is in order to test them.
There are websites that will test and rate some of these systems for you.
Before you follow a recommendation to buy a certain Robot, ask yourself: Are the owners of this website making any money or commission out of the sales?
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If the answer is "Yes", it may be that they are biased in their evaluation in order to make money out of the sale of that particular robot. Stay away.
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If the answer is "No", then maybe you can trust the evaluation.
Websites where you can get evaluations on forex robots:
http://forex-systems-reviews.com
RECOMMENDED ROBOTS
I know that you are extremely eager to get hold of a successful forex trading robot or expert advisor as it is also known ...
Just a word of caution:
(I am trying to save you money here!)
Metatrader 5 is a new forex trading platform from the MetaQuotes Corporation. It will replace the Metatrader 4 program that we are currently using for trading.
I have tested the Metatrader 5 platform and am impressed with the power of this program.
Good News: You will still be able to use Expert Advisors on the new Metatrader 5 platform.
Bad News: Expert Advisors that were developed for the older version Metatrader 4 will not be compatible with the programming language of Metatrader 5 and will therefore be useless. All Metatrader 4 Expert Advisors will have to be rewritten in order for them to work on this new version of Metatrader.
The implication is that any robot that you buy now may stop working in the next couple of months. I believe there will be a switch-over period where people can trade with either of Metatrader 4 or 5, but eventually Metatrader 4 will be phased out and you will be the owner of some costly totally unusable programs (EA's, robots) which will only work on the MT 4 platform.
Maybe you should postpone the buying of new Metatrader 4 robots and rather invest in Metatrader 5 robots when they become available. What do you think?
Introducing: Leo TRader Pro
Most developers of Forex Robots will provide you with fantastic results done on back-testing. When you start to run it in real-time, the results are not nearly as good as the proof provided on the website.
It is not often that we find a company that is willing to provide us with proof of live trading results.
Leo Trader Pro is one of the exceptions. They are not afraid to publish the live results of their robot:
"THE ONLY 100% Hands Free, Fully Automatic, Neural Network-Based Forex Robot That Produces Real-Money Profits Of 24.62% Per Month, or 1.14% per day... PROVEN With Account Investor Password Access!"
...YES, 24% PER MONTH For OVER 18 Months Now
In order to see the real results for yourself, you will have to download and install the FinFX Metatrader, and log into the account.
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Login To Verify The Real-Money, Live Account Below:
1. Download MetaTrader By Clicking
2. Once MetaTrader is installed: Go to "File"... then go to "Login"
3. Once the login page is open, enter: Login: 1331 Password: LTP28122011 Server: FinFX-Live
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The ONLY Automated FX Solution
Achieving 24% PROFIT Per MONTH, for Just Over 18 Months Now...
With LESS Than 42% Drawdown (verified by account investor password)...
THE World's FIRST Forex
Neural Net Automated Solution!
(Create PROVEN Wealth On Complete Autopilot Using
100% Automated Neural Nets)
Order Leo Trader Pro™ NOW
For US $97 (one time payment)
60 Day Risk FREE Money Back Guarantee
If at ANY time within the next 60 days, for ANY reason at all,
you aren't happy with Leo Trader Pro™ then simply e-mail Leo Trader
and they will refund every cent of your purchase.
Comments:
The Leo Trader Pro Software makes use of a 300 pip stop, which is quite large.
Keep risk low by trading with a very small % of your account.
Introducing Scientific Forex
This new software and trading course will be available
from the 28th Feb. 2012.
Next:
Using a VPS to reduce the risk when trading with a robot
Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.