How
do I know which is the Best Robot?
The Universal Question
This is the most difficult of all Forex
Robot Trading questions.
Which one should I invest my time, my
research, and of course my money?
Of the 5 or 6 worthwhile robots that I have
evaluated, I have found that none has the true premier position
clearly sewn up.
They are all profitable; they all have good
weeks, and sometimes the occasional time when it just does not
come together for the Forex Robot in question.
What I have done, and what I find to be a
good solution is to run 2 or 3 of the Robots simultaneously in a
demo and then live situation.
If overall and
acceptable profitability is maintained over the several robots
in play then let them run.
Market conditions are not constant, any
experienced Forex trader will tell you, and hence the very best
program will sometimes run into a hitch.
How I evaluate which is the best robot and
the best Robot system is to let several run live, and evaluate
every 24 hours, and every week.
This is the ideal, if the reader is looking
for the definitive answer as to which is the best then I cannot
supply that answer is a truly unambiguous manner.
I favour 2 or 3 at the present moment; I am
live with those and they give me the acceptable level of
profitability that satisfies me. If I require more money from my
trading then I just “Up” the number of lots.
All Robots have a common thread in how they
evaluate trading; obviously this is a Technical evaluation,
although they have different interpretations, and strategies.
Most of the Forex Robots on the market are
not expensive; most maintain good support, and a money back
policy.
I would suggest pick 1, maybe 2 Robots and
try them out. If the right robots are chosen, then they will
allow profitable trading.
It is good fun and exciting to watch a
Robot make decisions and money without the constant watching of
the screen.
I have become a great
advocate of Forex robot Trading. I hope that you will to.
I am firmly
convinced of the viability of Forex Robot Trading, and will
continue to trade in this manner.
