subject: Forex Trading Robot - Millions In Real Time Trading And Based On Easy To Understand Logic! [print this page] The Forex robots I see online normally irritate me, with there claims of 1,000% and less than 0.5% draw down which of course is better, than any of the worlds super traders and not true. These systems have made up track records and are never from traders, just programmers so it was nice to find a robot with a real track record based on the rules of a legendary trader. Let's take a look at this robot in more detail.
The Turtle Robot is based on the rules Richard Dennis gave to a group of novice traders to show anyone could win with the right system and he was proved right as all the traders made millions in profit.
This story is well documented, the results were verified as real time trading and the experiment achieved world wide exposure when featured in the investment classic book - Market Wizards. The traders using the rules made 80% annual year on year gains and they did so, with tight money management risking just 2% per trade. The rules have now been computerized, the system is trend following by nature and currencies trend well so it's an ideal market to trade.
What I like about this robot is you can read why the rules work and this will give you confidence when you come to trade. Forget all the robots that tell you they predict the future, Forex markets cannot be predicted and that's a fact. These robots can only make money going backwards on paper, the Turtle rules make money going forward and are based on trading the reality of price change. If you reads the logic you will see why the rules work and be able to follow the system with confidence and discipline.
This robot is perfect for traders who want to make some great long term gains and automate their trading. It's got the rules of a legendary trader, has made money in real time and is easy to understand and trade - check out the new Turtle Forex robot and see for yourself.
