subject: Top Forex Robot List 2010 [print this page] If you are looking for the best forex robot than you must read this article. FAP Turbo is still going strong. Forex MegaDroid is one robot that shows it's live trading account online on the website since it's launch in the beginning of 2009.
This makes their performance convincing to the potential customers. But does it really mean that you can also repeat that performance? You can, if you know something about forex trading and how the forex market works.
Another robot that made waves in the forex community was the Forex Automator Pro. This robot has been developed by David Fields who turned his $50,000 into $1.5 million.
This makes the scalping trade almost risk free. Precisely because of this reason, many trader don't use any stop loss when scalping the currency market.
Forex scalping has been the most popular trading strategy among the forex robot developers. The reason can be the ease of making scalping trades. Scalping can be done almost anytime of the day. But, there is always a risk in scalping as most of these robots don't use any stop loss when they enter into a trade.
But Forex Trading Scalper is a turbo charged engine that can make many scalping trades in a day on autopilot that are not humanely possible. You need to watch the video on the website.
You see, what is happening is this that many successful forex traders who have been using manual or mechanical forex trading systems over the years highly successfully have teamed up with expert programmers and have automated their manual or mechanical trading strategies into an Expert Advisor that can be used by anyone.
Another robot that hit the market recently is the Xtreme Pip Poacher. This has been developed by Drew Collinson who traded for 26 years with 533 different trading system but failed until he discovered a secret glitch that was pointed out to him by a multi millionaire trader friend.
Whatever, automated trading is coming of age and with the passage of time, you will find more and more sophisticated robots hitting the market.
