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According to statistics, 95% of the forex robots that are active in the markets right now are engineered by individuals; there are no guru teams or floor traders behind them- just regular guys that try to make a living by selling something.
Something that looks good in theory and in the short term, but fails in the long run and in real live markets and situations.
Just think about it! If 100% per month earnings (or even more) were real, why are Banks like HSBC or Bank of America, heck even your local bank around the corner, offering 3% per annum on your deposit at most? I mean it's a free market, right?
The unwritten rules of competition should allow them to fall head over heels to give you, as a customer, a much bigger bang for your buck, right?
If money could be made easily that is.
Are you beginning to become skeptical about the forex robot world? Guess what,
you should be!
Something that looks good in theory and in the short term, but fails in the long run and in real live markets and situations.
Just think about it! If 100% per month earnings (or even more) were real, why are Banks like HSBC or Bank of America, heck even your local bank around the corner, offering 3% per annum on your deposit at most? I mean it's a free market, right?
The unwritten rules of competition should allow them to fall head over heels to give you, as a customer, a much bigger bang for your buck, right?
If money could be made easily that is.
Are you beginning to become skeptical about the forex robot world? Guess what,
you should be!
That's where the biggest problem lies with most of the forex "robots ". Everyone goes overboard and tries to show better results than their predecessor from forex overkill to forex "ultrabot" to forex "insert-powerful-sounding-name-here" at the cost of long-term safety and capital preservation.
Pay close attention here because this is very important: Earning enormous amounts of money in forex is not the problem; I could easily engineer a "robot" and show enormous gains over a certain amount of time. That’s absolutely no problem. The problem is keeping the money in your account and later being able to cash it out straight into your wallet!
I am actually a big fan of automated trading.
However, I'm completely against the way "robots" have been engineered in the past, making unbelievable claims and promising heaven while delivering hell. No my dear friend, the key to forex riches lies elsewhere... Not in risky and berserker action, but in careful and slow progress secured with several safety nets to preserve your capital!
And that fellow forex wealth seekers is exactly what we have achieved!
Pay close attention here because this is very important: Earning enormous amounts of money in forex is not the problem; I could easily engineer a "robot" and show enormous gains over a certain amount of time. That’s absolutely no problem. The problem is keeping the money in your account and later being able to cash it out straight into your wallet!
I am actually a big fan of automated trading.
However, I'm completely against the way "robots" have been engineered in the past, making unbelievable claims and promising heaven while delivering hell. No my dear friend, the key to forex riches lies elsewhere... Not in risky and berserker action, but in careful and slow progress secured with several safety nets to preserve your capital!
And that fellow forex wealth seekers is exactly what we have achieved!
Click Here!
