subject: Raise The Flags For A Forex Autopilot System Scam? [print this page] Forex Autopilot is a fully automated forex program, meaning that it carries out every aspect of trading on whomever uses its behalf. After hearing about how effective this program was for some other traders that I know, I decided to test it firsthand using their money back guarantee. I've been using this program for some time now, so this article will explain more of my experiences with this forex automated program.
This Forex Autopilot is by no means the latest in forex auto trading programs around these days, but it is one of the original best sellers and one of the first trading programs which put this technology on the map in general. How this program works primarily to trade for you is by analyzing/following real time market data around the clock. It uses algorithms which anticipate trends and trades accordingly.
Conversely, when you are invested in a profitable trade and suddenly the market fluctuates out of your favor, the program recognizes this and trades away the now bad investment as quickly as possible.
Overall, I think Forex Autopilot is a great system and certainly an innovator which continues to pave the way for future forex systems such as its own next in line from the same publishers, "FAP Turbo".
For around $100 you get a sophisticated forex auto trading program/safety net for your campaign which trades effectively for you without emotions or guesswork and around the clock which is great given the 24/5 schedule of the market. And you get all of this for that one time fee as opposed to paying out large commissions or monthly fees to an expensive broker to get the same services.
If pressed, my only complaint about Forex Autopilot is that at times it trades too riskily. For example, I've made a great deal of money from some of the trades which it has jumped in on, but by the same token I've lost money on some of its trades as at times it can be a bit too aggressive. Obviously the publishers recognized this because they designed FAP Turbo to focus on lower risk/reward trades exclusively, so in the long run I've made more money with that system.
So there really is no Forex Autopilot system scam to speak of, and if you're new to the forex market or simply don't have the time to devote to it, this is one of the better forex auto trading programs to have in your corner.