Trading Secrets of the Pros

Have ever wondered if there was a automated way to make money with stocks or the Forex market?

That was a question I had awhile back after a long period of frustration with my financial situation.

I heard there was automatic trading software out there somewhere so I began searching the net looking for automatic ways to use automated software to make money online…

I needed desperately to find a way to work smarter and not harder since my vocation ate up the majority of my free time.

One day I ran across some information about trading foreign currencies in the Forex Exchange Markets with what is known as a EA’s or Auto Trading Robots.

I devoted some time to my research with the hope that there was validity to the claims made buy the owner of this software. I visited the forums and did everything I could possibly do to get to the truth concerning this software. After a long exhaustive research I decided it was time to take the plunge.

My logic is if you do what you have always done you will get what you always got. I have always been a bit of a risk taker.

I scraped up the money to buy my first Robot by selling a pile of scrap metal I had laying around the price was $199.00 The producer of this EA had no money back return policy but the records showed he had great customer service and that meant allot to me since I needed all the help I could get to understand trading with automated software. ( Forex Robot Trader Steinitz v3.21)

1) My test criterion was simple… does the Robot have the ability to increase the equity in my account  on a daily basis?

2) Do I have endure the agony of watching my account go though large draw downs that last longer than a few hours?

I was looking for two things mainly daily account equity growth short draw down periods.

So I started buying and testing different EA’s aka Robots and testing  them out to see which ones would  past my simple test.

Forex Robot Trader Steinitz v3.21

Increases Daily Equity? -When the trend is trending properly-  This software trades  beautifully in the trends but sometime a news announcement will temporarily change the trend on a short term basis and you may have to wait for days or weeks for the trend to reverse back to the direction it was heading before the news announcement cam out . You will also notice this software makes all good trades. This EA trades without stops that takes some getting used to.

FAP_TURBO

Has the ability to Increases Daily Equity -Yes Use the short the term trading features to experience best results.

Draw down Experience - Temporary Draw downs are experienced when using the Short term trades feature Most trades are usually trades completed within a hour or two.

Longer term draw downs will  be experienced on long term trades but it is your option to trade or not to trade long term

Safety features - Yes-  Stops. No Friday trading. Stealth mode.

Money Management -Yes-  You set the software to trade the % of margin you are comfortable to trade with. If you chose wisely it is a true set and forget software.

One time fee- Yes

Customer Service- Yes I have made several requests for help and have received fairly prompt and helpful responses.

Biggest advantages- This software makes money about four trading days of the week. Most Trades are taken in about 1-4  hours.

Biggest drawback -Short term trading is restricted to the first 4 days of the week. The software occasionally does make losing trades. In studying past trading results I noticed a time when the software lost substantial money two days in a row…
Forex Funnel

Increases Daily Equity -Yes  experience best results.

Draw down Experience - Temporary and sometimes very substantial
Draw downs will be experienced.

Safety features - Set your lot size carefully and use use caution and
make sure you practice on a demo account first!

Money Management -Yes-  You set the software to trade the % of
margin you are comfortable to trade with. If you chose wisely
You can trade fairly confidently and predictably.

Customer Service- Yes I have made several requests for help and
have received fairly prompt and helpful responses.

One time fee- Yes

Biggest advantages- This software does not lose a trade unless you over leverage your account.  This software makes money 6 trading days of the week. The software is designed to flush out all bad trades when a good trade is taken.  This is a very nice feature Its like getting the opportunity to start fresh over and over The software re-adjusts itself to new take profit points after a trade is closed. Profit points are reset automatically when a trade is taken.One simple setting controls the size of lots traded.

Biggest drawback -The software uses the XXXX Trading Method if you don’t understand how the software takes incrementally bigger leveraged positions in order to clean out old trades you could blow your account out.

Happy Trading

Robo Trader