The Forex Revolution Review?
Does anyone have an honest Forex Revolution EA Review?
Does this forex trading robot works?
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This entry was posted on Saturday, May 15th, 2010 at 6:20 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
May 15th, 2010 at 6:20 am
There are few Forex Robots or EA’s that are worthwhile. The few that are not advertised as the answer to all your financial problems. The Forex Revolution is certainly a scam.
But here’s the most important thing;
The best Forex Robot will wipe out your portfolio if you don’t have years of highly successful trading experience behind you. A FX Robot can’t perform the money management skills and be aware of the fundamental changes that happen in the market every day. Money Management in trading (especially highly leverage trading like FX) is actually more important to your success than picking the direction of a currency play.
Stay away from "Robots" or anything that implies that making money in FX is easy & quick.
May 15th, 2010 at 6:20 am
I disagree with commonsense.
I’m a daytime forex trader. And I have to admit that I do use Forex Robots for some of my forex trading moments. Forex robots, as a matter of fact, does some (if not, all) of the fundamental and technical analysis. Don’t forget that computers can compute and execute numerous number of task in less than a second. Therefore, forex trading robots can do all the analysis and predict the trend like how a professional forex trader do.
Now here’s an unique thing about forex robots. Every forex robot is DIFFERENT. They have been programmed by different people, therefore the forex robot’s trading styles and strategies will be different.
From what I know, The Forex Revolution seems to be a promising Forex EA since the community provides feedback to the developers therefore improving it further. So over time, more and more trading strategies are being implemented to it to profit in any types of market condition (whether is it bearish, stagnant or bullish).
Well, refer to the website in my source to learn more.