So how does the Pips 4 Idiots FX trading system really work and what can you expect to get by joining as a member? This is a new membership site that allows investors to login and gain access their live trading accounts and verify the entire history of results that have been achieved by this robot. Its owners have also put up several videos on its main website showing how their robot places trades using graphs according to their programmed rules.
So Does Pips 4 Idiots Robot Really Work?
Of course, this software was also run through back-tests that are shown that it can trade consistently. More importantly, you should look at its live results that are being constantly being updated as the software continues to make trades.
Being very skeptical at the beginning, I decided to run this robot on a live account with a very small capital during beta testing and am very pleased with the overall returns that it has achieved. With the right amount of starting capital, it is definitely possible to turn this into a full time and almost fully automated income stream.
Review of the Live Trading Performance of Pips 4 Idiots
This robot is created by a professional trader Joe Simpson who has made it a point to allow investors to his tool to see all the live trading results that has ever been achieved by it so far even since it was first created. This live proof is much more reliable as compared to the back-tested and simulated results that some vendors would put out as proof.
From my own and many other traders' experiences, back tests are an extremely unreliable method of determining the true performance of a Forex trading system. Rather, one needs to look at live trading results that reflect the true conditions of a live market environment.