subject: Forex Trading Robots - Forex BulletProof Trading [print this page] The Forex robot industry, is one where most robots make ludicrous gains of profits which are simply not true; so how much can you realistically make and which is the best robot based upon real time, audited performance? Let's take a look.
The problem with most traders is they believe the figures presented to them by robot vendors are real time trading but if you look closely, you will see most are simply simulations done in hindsight over past data. All the vendor does, is bend the system to fit the data and he gets a profit. The problem with a simulation is obvious, anyone can make money knowing the closing prices!
Other Forex robots, try and present "live results" and claim that the figures represent real trading. The problem is the results are never in real time and there never audited. A quick look around message boards online, will show you bemused traders talking about why their losing and the live results from the vendor are winning! So only accept verified figures of real money gains, by a neutral outside ratings agency or accountant.
So which is the best Forex robot, in terms of real profits and how much can you aim to make in profit?
The Forex Bullet Proof collection consists of a basic robot, an add on for the robot, and the best manual trading systems which won in a recent competition. The combination included in the package insures that it will meet the desires of all forex traders.
The Forex Bullet Proof basic robot is designed to grow an account without a lot of risk. The basics of any trader should be to make money consistently and that is what this basic robot is designed to do. With a steady stream of short term and long term winning trades this robot shows some good potential. This is a good robot for beginners as well as seasoned traders.
