Please visit our sponsors

Rolclub does not endorse ads. Please see our disclaimer.
Results 1 to 4 of 4
  1. #1
    Investor
    Join Date
    Jun 2017
    Posts
    346
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Avoid the pitfalls of forex trading robots



    Forex trading robots have become a popular tool in the personal forex market. They’re often attractively priced and are marketed as ‘Expert Advisors’ that can operate on many of the favoured trading platforms. However, an increasing number of traders have been left disappointed with the purchase of their automated forex trading program that ends up performing well below expectations, which leaves them feeling cheated and even results in claims of fraud.


    Sold on profits


    Anybody with a product to sell will focus on the product’s most attractive features to get you to buy it, and that is especially true about automated trading products. Often, they’re presented as offering the path to financial freedom and being easy to use; claims that are backed up by historical trading profits and glowing testimonials from seemingly satisfied users. In reality, the evidence of their success is just a small sample of trading when the software enjoyed a profitable spell and leaves out the less impressive other periods which more accurately reflect its true capabilities and how it performs for most of the traders who buy it.


    The disclaimer makes it alright


    Every forex trading robot is sold with a disclaimer (sometimes well hidden) that denies any responsibility for how it will perform in the future. The words may be different each time, but the message always amounts to the same thing: there’s no guarantee this software will trade profitably based on its historical performance and is there to protect the vendor from potential fraud claims.


    Get a refund but not your money back
    In an effort to placate customers who were unhappy with their trading robot purchase, many vendors would simply offer a refund. But while the purchase price of the forex trading software would eventually end up back in their bank account, the money they lost using it was gone.


    Trawl through any online trading forum and it won’t be long before you come across a thread full of unhappy traders who feel they’ve been misled by false advertising about forex trading robots that fail to deliver profits.


    Traders who purchased the forex trading software through Clickbank tend to have an easier time getting a refund. Legitimate claims made by the purchaser within the 60-day / eight-week period are usually dealt with quickly and efficiently.




    For more detail : Avoid the pitfalls of forex trading robots

  2. Sponsored Links
  3. #2
    Member
    Join Date
    Oct 2017
    Posts
    64
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Forex trading robots are made by programmer on the basis of given strategy. And there is no strategy that work in all type of markets. You need to up date your strategy according to the market situation. When you use someone else robot, you are just blindly following someone. Robot is good if you can make it yourself as I do. There is another problem not every broker allows using robot. But I can use my robot with FXPM as they allow robot trading.

  4. #3
    Senior Investor
    Join Date
    Aug 2017
    Posts
    859
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    FOREX market experts are very much aware that the advancement and alteration techniques of effective trading, it generally pays to know the conclusion of other market specialists. Forex4you gives you free access to expository materials arranged by the world's driving speculative stock investments, and in addition the investigative administration of the organization in every day and month to month examination. Essential audits and specialized investigation of FOREX, world news and examination of ware markets.

  5. #4
    Investor
    Join Date
    Dec 2017
    Posts
    436
    Feedback Score
    0
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Among various innovations in the forex market expert advisor is the most common. It is an automated trading platform that offers forex trading via robot and it will execute your orders once you have installed your command in the program. But I have faced one problem: it won’t follow order once market suddenly changes apart from the program. Apart this, I am working with MT4 of my trading platform AAFX and happy with this services.

  6. Sponsored Links

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Share |