Monday, November 16, 2009

Forex Robots

As some of you might already know, I trade the Forex market for a living. It's not an easy market to trade because it requires a lot of experience and you must follow strict rules in order to execute your strategies successfully every time. Don't get me wrong, I love trading because of the thrill and the potential of making huge amounts of money in a short period of time (due in part to the leverage and volatility of the market). To alleviate some of the manual work of money management and other useful calculations, I use the MetaTrader 4 platform to run some automated scripts that spit out useful information on the screen that I can use to trade.

Lately however, I've been very intrigued by all the robots that are coming into the market. I wondered if any of these are actually profitable in live trading, so I decided to give some of the top ones a try. I read review after review and finally decided to test these 2: FapTurbo and Forex UltraBot. I've been trading with both of these robots for several months and I will be posting my review of these shortly. So stay tuned...

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