OK, so you just violated rule #1 in trading with Forex. You lost money, maybe a lot of it, and you are now determined to get it back. In spite of the warning bells going off in your head and a concomitant voice whispering: “Stop. You are starting to revenge trade.” you plunge on, maybe even upping the risk by increasing what you pay for a pip. You WILL get it back…

But, you don’t. You lose even more money, and now you are starting to panic. You are close to your initial investment, and mourning the fact that you were once well into the black… And you try again. And lose more.

If you haven’t experienced this scenario, try this one…

You had a great day yesterday. You think you’ve got it figured out. You consistently made trades in the right direction when the market indicators told you to, and you got out with your shirt and maybe a pair of shoes too. You go back in the next morning determined to do exactly what you did the day before. And suddenly…everything goes wrong. The Market starts taking back what it gave the day before and you don’t have a clue as to why…

Everybody who has traded Forex knows that in this volatile market you need the kind of consistency and discipline that is found in automated machines, specifically robots. That’s why Forex robots forex robots have made such inroads into Forex trading, and have yielded their owners nice profits with a great deal less stress than trading manually — even with the best indicators.

Here are some of the major advantages (and a few cautions) in trading with a Robot forex robot review:

Advantages

1) A Robot is governed by an algorithm based in statistics. It has it’s own indicators and makes trades according to the parameters you set for it. It doesn’t have a “good day”, or a “bad day”, nor does it “revenge trade”. You can start it up and walk away.

2) You don’t need to know anything about Forex to use it. This is not a good idea, but you actually don’t.

3) You can trade on several platforms with several different brokers.

4) Just about all currency pairs are available to the Robot top forex robots.

5) The robot will trade 24/7, depending on the settings you choose for it.

6) Depending on the robot, you can find optimum settings on the web discovered by people who have tested it. (This won’t be free, but subscribing to a website or blog can be more than worth it). Forums may also provide this kind of information.

7) Robots offer risk management, which is something that can be difficult to calculate when manually trading. You can also set trailing stops, which can minimize loss.

7) Some robots claim to be able to detect when the “face” of the market changes. This can be a sudden, radical, statistical change. Robots tend to lose when this occurs, but some can detect it in advance and keep from making losing transactions (so their creators claim).

There are a few cautions, however:

1) You may not need to know anything about Forex, but it is a good idea to at least know the basics. You should keep abreast of what is going on in the economies of the countries whose currency pairs you have chosen and be ready for sudden changes in direction. You might have to provide a little “guidance” to the robot during times of crisis.

2) Some brokers don’t like robots. Choose a robot that can make itself “invisible” to them; the programmers may cause it to randomly exit from the trade before the take profit or stop loss levels are reached.

3) Always set up the robot in the trial account first. Don’t transfer until you have consistently made money over a period of time. You can adjust your parameters until you start to consistently make money for at least a month. Transfer to the “live” account, but watch it carefully.

Robots often don’t work the same way on the “live” account that they do on the trial account. This may be an indication of broker interference. If the behavior is radically different: you either don’t make money or start to consistently lose, try another broker.

4) The robot needs to run 24 hours a day, this means you will need a connection that is fast and does not break. The best is through cable or satellite; it goes almost without saying you shouldn’t try it on dial-up. If that is the only option you have available, you can subscribe to a VPS (Virtual Private Server), but using this can sometimes be very unwieldy due to lag. Check it frequently to make sure you have a connection.

5) On days of high volatility, the robot might not trade. This is an asset, and you shouldn’t try to override it or second guess it.

Choosing a Robot

The best thing to do in choosing a robot is to read the web reviews, although many of these are merely sales ploys. Choose two or three robots along with brokers who offer low spreads and run them on their trial accounts. Choose the robot that seems to make the fewest losing trades and try it on a live account with a minimum investment (and risk) and recommended parameters (if you can find them). If you find the same behavior on the live account as you experienced on the trial account, you may have found a winner.

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FAP Turbo Expert Guide is for those who are serious in making FAP Turbo Robot into a money making autopilot machine. Do you know Rob Casey? Well Rob is the  author of FAP Turbo Expert Guide. Rob Casey was a particle physicist at CERN, the world’s premier particle physics lab before he become a forex trading enthusiasts. FAP Turbo Expert guide can help you in optimizing the FAP Turbo Robot setting to get the maximum ROI.

Read on what Rob Casey says on trading with FAP Turbo Robot: Just wondering how your trading went on Thursday? If you ran with our new scalper settings on Thursday you would have probably seen something like this. This screen shot was taken from one of our live test accounts today using the new settings posted in the FAP Turbo Expert Guide the other day.

 Of course if you’re trading a larger account or larger position size then the size of your winning trades would have been much bigger. Check out the performance tests from our new settings that everyone is  raving about. New setting beat the default by 250%!!

Not Getting Any Trades?

Every now and then we get emails from people reporting that they’re not getting any trades, or only a few trades a week. This can happen once in a while when the market conditions do not create good trading opportunities for FAP Turbo. However it’s rare this would happen for more than a day or two at most.

In fact, if you’re using our setting you should be getting many trades each week, and usually at least a handful each day. If you’re not getting many trades with our settings while others are then it is most certainly a problem with your broker. Either their  spreads are too high or they have liquidity problems. As you probably already know we do all of our trading with our custom price feed from GallantFX. As you can see from the screen shot, our settings with the Gallant custom feed has little trouble finding trading opportunities.

The free VPS that comes with GallantFX accounts is web browser based so you can monitor your trades from anywhere … even a MAC! I just cringe when I see mistakes like this so I want to make sure you’re not making it too. The mistake is trading too big for your account size and it’s one of the most common reasons traders crash and burn. Unfortunately too many people learn about risk and money management the hard way, by first going broke!  Only then, on their second time around, do they pay attention and  reap the rewards they’re looking for.
 
But it doesn’t have to be that way …There’s no shame in doing it right the first time! Look, it’s naive to think a trading system will not have losing trades.  The truth is losing trades are part of trading, you can’t predict when they will happen and there is no way to avoid them. However, you can properly prepare for them, and you do this with proper position sizing which is essentially determining how many lots to trade so that you are not risking too much money on any one trade.

Position sizing is the key component of money management and must be taken seriously if you want to survive and prosper as a trader. Unfortunately too many people pay lip service to it but fail to follow through and only discover how important this is after it’s too late. A conservative, risk averse trader typically only risks between 3-5% on an individual trade while 10% risk per trade would be considered high risk.

So the next time you place a trade, or configure the settings for your robot, pay special attention to the size of your trade to ensure you’re not taking on more risk than you can realistically handle, or you might just find yourself wondering what the hell happened! If you’re not sure how to properly calculate your position size to match a certain % of risk per trade then no worries because we cover this in detail in the risk and money management section of our FAP Turbo Expert Guide.

Lastly, if you’re trading FAP Turbo then please be aware that the LotRiskReductor setting does NOT represent the % risk per trade.  No worries again because we’ll also show you how avoid the common  LotRiskReductor mistake and properly determine this value to match the % risk you want to trade so you can protect your bankroll and prosper over the long run with your trading.

All winning strategies include proper risk and money management, and if you’re not prepared to take risk and money management seriously then you shouldn’t expect your strategy to win. That’s the simple truth of trading. Risk and Money Management doesn’t have to be learned the hard way. There’s no shame in doing it right the first time!

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New Forex Robot Trades 14 Months With ZERO Losers! If you’ve got even a vague interest in Forex trading and somehow you haven’t heard about Forex Apocalypse yet, prepare to be shocked…because the performance of this robot is truly out of this world. In a nutshell, Forex Apocalypse is the most powerful, most reliably profitable Forex trading robot (more formally, expert advisor) on the market today. And it’s now proving it in the hands of real people who hadn’t even traded Forex before.
 
I’ve reviewed many Forex trading robots in my time, so when I had the opportunity to put Forex Apocalypse to the test I was skeptical. If you know anything about Forex, you know that if you don’t understand what you’re doing it’s a quick road to bankruptcy. That’s how hard it can hit you. But, with the right tool, mastering Forex can literally change your life. It’s entirely doable, and the quickest route to success is automatic trading.
 
But finding that tool isn’t so easy. Many who try Forex and have a bad experience with trading software quit in frustration. The smarter traders persist. They realize that there are robots out there which actually make profjts CONSISTENTLY. Forex Apocalypse does exactly that. It takes all of the pain and effort out of Forex trading and consistently takes trade after trade – profitably. That means:
 
* It finds trades with the greatest odds of working out, based on Michael Wright’s years of experience refining his methods
 
* It exits the trades either for a SMALL loss when it’s not working, or for a nice gain when it is (which, over the past 14 months, has been to the tune of 100% accuracy!)
 
Now pay close attention to this: Using close to default money management settings, it turned an account with a starting balance of just $3,000 into $170,000 in just a few months. Michael’s Forex Apocalypse is a truly complete package. A lot of time and effort have been invested so that every type of FX trader can benefit from this great product. A few highlight:
 
* You’ll get a special bonus which will expose the secrets of ‘pro’ forex traders.
 
* You’ll get lifetime email support. You can ask any question you want, 24×7, and get a fast response from Michael or a member  of his Live Trading team.
 
* You’ll get complimentary upgrades to new versions of Forex  Apocalypse which will ensure that you keep on making profits from Forex regardless of market conditions.
 
* You’ll be able to be up and running in literally 5 minutes after  downloading
 
There’s ZERO risk for you to try this. Michael will let you try this without charge for 60 days, and you can test it out for yourself on a demo account (no real money at risk). There’s nothing for you to lose and that’s why Forex Apocalypse is selling out fast…

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Forex Robot Trading is the latest fad. This is the best and the easiest method to trade forex and start making money from the comfort of your homes. Many people got their fingers burnt in the recent stock market crash. Most of them are looking for opportunities to rebuild their lost savings. Forex Trading is being called the Recession Proof Business of the 21st century.

When someone comes accross trading forex, the first natural question that comes to anyone’s mind is,  “ Can I learn forex trading quickly?” Good question. It may take from six months to one year in my opinion to learn how to trade forex. Of course if you have been trading stocks, options or futures before than it might take you only 2-3 months but if you are completely new to the world of forex trading than you need time to learn forex trading.

Is there any easy solution? Yes, start trading with a forex robot. Can a forex robot trade for you? Definately yes! With the advancement in computer programming, it has become possible to develop programming scripts known as an Expert Advisor or in common language a Forex Robot that can trade on your behalf on autopilot. I mean with a good forex robot you only need to check your trading account only once a day for not more than 15 minutes. Can forex trading become easier than this? Definately not!

A forex robot is the best way to trade forex right now in my opinion. The market is full of many forex robots. But you need a good forex robot to start making money. You need to first test a forex robot on your demo account and see if it works the way it has been claimed by its developer. Only after thorough testing on your demo account, you should trade live with a forex robot. Now trading with a robot does not mean that you should stop learing forex. The more your know about forex trading, the better you can optimize the forex robot. I recommend the following two forex robots that you need to check:

#1 Forex Robot

FAP Turbo is the best forex robot in the market right now. You can read its review on the forexpeacearmy website. It has got an excellent record over the last many months. First let me tell you about the developers behind FAP Turbo. Steve Carletti, Mike and Ulrich are three computer science students who are behind the FAP Turbo Robot. Forex Autopilot was the first forex robot that was successful in making money for a lot of people who purchased it. Marcus Leary was the creator of Forex Autopilot and is still considered to be a pioneer of automated forex trading.

Click here to view the embedded video.

Click here to view the embedded video.

Click here to view the embedded video.

There is a club known as FAP Winner run by Charles Floyd, a professional forex trader having decades of trading experience. He can give you a workable plan to reach your first million in two years. One thing that is very important in trading is risk and money management. It is something that many new traders only learn the hard way. Trading with these forex robots also requires use of good money and risk management. Charles can teach you that and help you with optimizing FAP Turbo settings. FAP Turbo settings are a part of FAP Winner training.

#2 Forex Robot

Ivy Bot is another very good forex robot that has hit the market recently. As the name suggests, it has been developed by a team of former lvy League students. Todd, Sam and Max, these are the guys who had been trading stocks, bonds and futures when they hit the retail forex market. They teamed up together and developed Ivy Bot. Ivy Bot is in fact a 4 in 1 robot. I mean four robots clubbed together. It is as good as FAP Turbo. It also has 60 days money back guarantee with it. You should also try it on your demo account for 60 days and see the results. Every month Ivy Bot team holds a webinar with the Ivy Bot traders and discuss the performance of Ivy Bot over the last month.

I want to name two more forex robots: Forex Rebellion and  Forex MegaDroid. Both are also very good. There are many. Forex Megadroid is a good robot.  The developers are claiming that they will soon introduce a pro version of MegaDroid Robot. So wait till then. Forex Rebellion is very good. Russ Horn, its developer recently held a webinar on the tweaking of Forex Rebellion. Rob had said that he will include Forex Rebellion Settings in his FAP Turbo Expert Guide as he was highly impressed by the beta testing results of Forex Rebellion at the time of its launch last month.

But these two robots FAP Turbo and Ivy Bot are the best. Both the teams are very good professionally. They keep on updating their robots. They are very good at support. What I suggest is that you start trading with both the robots simultaneously. Yup. Both are programmed in a different manner with a different trading strategy. So trading with both will hedge your risk and increase your ROI. If one loses, the chances are the other will win.  Use this Ninja Trading Strategy: Start with FAP Turbo. Tweak its settings so that you acheive an ROI between 50-100% a month on your demo account. Once you have acheived that start trading live. Now start with Ivy Bot. Play with its settings to achieve an ROI between 50-100% a month on your demo account. Then test Forex MegaDroid!  Always add a good forex robot to your trading arsenal! Trade a different currency pair on each robot. Use some knowledge of currency correlations to ensure that the three currency pairs that you choose are not highly correlated. If so change the settings to reduce the risk. Remember diversification and risk reduction should always be an important element of any trading system! Now all these robots come with a 60 days money back guarantee. So you can test them thoroughly within 60 days on your demo account risk free. The best would be to test them one by one!

Forex Robot Portfolio Trading System

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