About Us
This
website aims to clarify and “make sense” of the myriad of
websites, promoters, and purveyors of Forex Robot Trading
System.
The Author has traded Eminis for many years, and
the Forex for the last couple of years.
What I have come to realise is that I no longer
thrive on watching a computer screen endlessly, and making
decisions based on the various setup’s that I have in play.
Of course, the trade setup occurs invariably
whilst I am distracted, taking a break, talking to my wife, or
the many other reasons for not focussing on the matter in hand,
i.e. the trade.
Experienced traders will understand this.
I started investigating Forex Robots some time
ago as a way of trading without the constant focus on the
computer screen.
Forex Robots do trade in a manner different to
the Human trader.
They are unemotional, mechanical, whereas the
human is intuitive, instinctive, and with the right skills and
experience able to make trades and also exit utilising those
skills. Also to be wrong utilising those skills.
The Robot will trade conservatively and for 24
hours a day. It doesn’t get tired, or look away at the wrong
time. Noting that good trades invariably occur during the
unsociable hours for most people, i.e. when there is little or
no news coming out of the major financial centres.
I now solely trade with Robots.
Are they infallible!
No, of course not, they do occasionally make
mistakes but I have found that the 5 or 6 better known robots
are reliable in maintaining upward profitability, with
conservative stops in place.
They also exhibit good money management.
Beware of the prophetic, "never taken a loss on a
trade" websites. To achieve this they either never trade or
trade with no stop loss.
Some will risk $1000 to make $10. Sometimes that
$1000 will be hit and the $10 profit will be down by $1000.
The robots that are shown the website are Robots
that I feel comfortable with. Don’t look for a “Rag to Riches”
in your 1st month of trading. Exercise careful money
management, and increase lots as the Robot proves itself,
Evaluate the performance on a 24 hour, weekly,
and monthly basis, and take a regular proportion of profit out.
It is an exciting, profitable method to generate
income, which I enjoy greatly.
I hope that you find the same profitability and
enjoyment as well.
Please feel free
to contact me at
contact@forexrobotwiz.com
