Ok, thank you, lately I am stocking on studying and demo account does not make me feel so energizing... I'd rather maybe restart with small little account with real money, maybe that way I can be more attracted by the Forex, at the moment.
The First Thing After Registering you should read this 10 times at least :D
SERIOUS WARNING !!!
-Most Forex traders lose all their money. -Using the robots posted here in trading Forex does not guarantee success. -Trading these robots could lead to serious financial loss. -Trading these robots without understanding their underlying trading strategies guarantees traders will lose their money. -A trading robot is a maximum of 90% as good as the manual strategy it trades. because myself sometimes forget about this risk 😇
-Trading these robots could lead to serious financial loss. Putting your money in a bank can lead to serious financial losses, just ask those that had their money in a Cypress bank just recently and bank stocks in 2008. Any investment has the propensity to lose money, but the whole idea of becoming a trader is to learn how to manage your risks, not avoid them, you can't make any money that way.
-Trading these robots without understanding their underlying trading strategies guarantees traders will lose their money. There are no guarantees, even to the dark side. It may not be intelligent to use something that you don't understand but I will put my money on a non emotional proven computer program that I don't understand long before I will a live trader doing something that I don't understand.
-A trading robot is a maximum of 90% as good as the manual strategy it trades. Some robot strategies don't have a manual counter part. Take the PIG (Passive Income Generator) for example, http:www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841 I can show you in detail how it works, prove all the math, but you can't trade this system manually, I can't do it either, because the whole system was designed for the computer.
Use your logic, computers beat the Grandmaster of chess, the best in the world, back in the 1990's. (Deep Blue) Watson, just beat the 2 best Jeopardy champions, one of which won over 80 straight competitions. Watson didn't just win, it was a run-a-way. Computers do surgery in places humans can't touch. Given all this, why are there some that hold to such out dated beliefs as investment robots can't perform well? Don't have an answer to that but just because one person can't do something, it doesn't mean it can't be done. However, I have yet to see a technical trading system that was safe for investing. I don't care about huge returns, I want safety, and that is why I invest with proven robotic programs. Safety!
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.