Thread: Forex bots do they work?

Ive come across many software bots that supposedly trade the markets for you. Ive never heard of anyone succeed using such a robot but Im keen in finding out if they actually work and how.

Anyone with any first hand experience?

My assumption is this is just another one of these forex scams that are meant to take your money

I've tested and currently using a forex robot called "FOREX Funnel". On my demo account through MetaTrader4 FXDD on a 8 day test period I made over $2300 starting with a $10,000 account at 100:1 leverage. Then I decided to go live this week starting March 9, 2009 and in less than 2 days I have made already $395 starting with a $3000 account balance at 200:1 leverage ratio. All I did was installed the bot and kept the computer on. It does it all the trading for you. I am very pleased with this robot called the "FOREX Funnel". And your question was does Forex bots work? Yes, they do. Just make sure you read all other reviews online about the forex bots before you decide to buy it. And ensure that they offer a no risk 60 day money back guarantee to test the system out. I am very pleased with the FOREX Funnel.

i always wondered just like nummero1. This forex funnel looks so promising. I would love to hear more about it.

1. Yes they work. The best in the world are never revealed. Why would anyone share it or even sell it, when the robot makes thousands or hundreds of thousands?
2. Yes, they can. Not all robots can adjust to the market changing behavior. Even the best ones may become inefficient over the period of time as the old tendencies die and new rules are born.
3. You certainly can reduce the risk, because when robots trade, they don't fall victims of psychology, fear and greed; humans, however, do.

i have to agree with the last post.

Thanx if you have agreed with my post.

I agree with you, they work for a period, but after the long run they'll run broke.

Originally Posted by miskec

I agree with you, they work for a period, but after the long run they'll run broke.

Yeah of course as i mentioned earlier that after some time new development will be done & we all will forget the old method & will adopt the new one.
Its a time of robots & after some some other thing will take the place & it is a unending process & we should adopt & welcome the new things always.

Well, Forex robots works, but the most important thing is choose best robot.
I've tested a lot of robots, but I am using FAPTURBO Robot. In my demo account in 31 days made $6900 profit!

I am using FAPTURBO Robot since September 2009. I am making average $5000 using this robot every single month. If you need more informations about Robot visit official website FAPTURBO Robot.

I personally dont prefer bots while trading in forex. Bots can definitely restrict your losses but it cannot let you earn more than your potential. It is you who can judge the situation better than a bot and can make crucial decissions which can land u up into great profits.