subject: Forex Geek Who Made $95,137 From A Junk Forex Robot [print this page] Forex robot is thought to be the best short cut. You don't need to learn anything about forex trading.
Read this article to know the interesting story of a forex geek, a person who had little forex trading experience and how he turned a junk robot into a money making machine for himself. Infact, he made that junk robot to start working and made a whopping $95,137 in just one year trading the lucrative EURUSD currency pair with that robot. Now, as said before, most of these forex robots that are now available in the market simply don't work. But still many people try trading with these robots. Most of them think that trading with a robot is easy and they will start making money as soon as they have installed the robot on their MT4 platform.
I wish, it was that simply. Things are not that simple. Most of these robot are junk. Many of these developers have no forex trading experience.
Whatever, this is the simple case of blind leading another blind. By using a forex robot that has not been programmed properly is only going to make you lose your money.
So, you should also only buy that forex robot that has got at least 30 days no questioned asked money back guarantee. Most of the $97 robots come with 60 days no question asked money back guarantee. So, you have sufficient time to test any new forex robot. If the robot does not give a money back guarantee, simple assume that it is a scam. Don't buy it!
This way, you are not going to lose your money investing on a junk robot. If the robot turns out to be a scam in testing, simply get your money back.
He had some idea of how to access and take a look at the MQL4 language of the robot. So, when he took a look at the code of the robot. He was appalled to find it badly programmed with the vendors having no idea how to trade forex.
He had read about expert advisors and how they are programmed. But his knowledge was nothing advanced.
The purpose of relating the story of Andy Slater and his Forex Geek Robot is that you too should learn a lit bit of programming and forex trading in order to make your forex robot work. If it is not working, take a look at it's code. Most of the forex robot vendors allow tweaking of the code. So, if the robot is not working, tweak the code a little bit. See there are no internal logical errors in the code. Test it. If it works, you have done a good job. If it doesn't work, tweak it more and again test it. But if it doesn't work, simply go for a refund.
If you think that the robot will work without you knowing anything about forex trading or something about programming, then in most cases it won't. If you have finally decided to trade with forex robots, first learn some forex trading and programming. Without that you will always be at the mercy of forex robot vendors.