So there’s this extremely popular Forex robot called FAP Turbo. Lots of beginners jump on it to start trading Forex. Since they don’t know the first things about trading, they think that a robot can do that for them. Well, that’s the idea behind this system anyway.
But there are more ways to use FAP Turbo, and the expert traders find many uses for it than just auto trading. For instance, they use it for signals as part of their trading strategy. Let’s say you see FAP Turbo make a trade on demo account, instead of making the trade live, you consider it and pass it through to several more indicators, thus minimizing the risk. That way the experts can achieve a lot more better results than beginners. That’s one of the reason why you see some people trade successfully and others fail.
Just today a new EA was released – Forex Twister. The reason I’m writing about it is that it looks very promising. The testing results of this robot show that it has a very viable strategy behind it, as well as it has AI working behind it.
The software has money management system and it manages risk very well. Clearly the creators paid a lot attention to make it a reliable long term trading robot. All the better for us, since we can test it knowing the risk will be little.
Check it out, I’m sure Forex Twister will be a popular expert advisor, one with such a strategy should be.
Can someone develop a robot that trades with no loss? I must admit that I have such a dream, to have such a system that would never make a loss and just pull profits for me, and on autopilot. That’s why I almost fell off my chair when I read about No Loss Robot.
Unfortunatelly as I read the review about it, which explained that no loss is just an advertising trick, I quickly came back to the earth. Naturally, no loss is impossible, there always is loss and actually it would make Forex boring if you think of it. There would be no trill.
Nonetheless, No Loss Robot is a fine expert advisor.
Does experience matter in Forex? Yes, it matters very much. And it also matters even if we’re talking about a trading robot. It would seem that robots aren’t as advanced yet to gain experience, but its developers are. Forex Autopilot is a time tested expert advisor and it has survived the test of time. While some robots disappear after a couple of months, Forex Autopilot is here for years. People still use it, and anyone can still start using it.
Sometimes good old things just work, and instead of getting new shiny toys, we’re best off using the good old trusty trading software.
