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  1. #1
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    Default Forex Robots Testing Sites

    Hey Guys,

    I'm into forex trading using robots, and I have found out that the most crucial step is the choosing of the forex robot. Nevertheless, there's almost no way to take an informed desicion, all the robots sites look and say the same, "buy me and be a millionaire".

    So, I've been trying to find independent third party sites where the robots are being tested on Real Money Accounts, so far I have only found one: http://www.forex-robots.com, which I really like.

    Do you happen to know another?

    Rgds

    Samuel

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  3. #2
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    Forex robots are most frequently programmed to execute trades automatically. In other words, the user does not need to make any trading decisions. Properly programmed, a robot can manage all aspects of one's trading operations.

  4. #3
    Senior Member shere0901's Avatar
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    There is no way to avoid risk when trading the forex market. Success requires a complete understanding of forex trading practices and instruments, a trading strategy that consistently yields profitable market entry and exit signals and the discipline to let winning trades run while quickly cutting losses. Traders sometimes use automated forex robots to execute trading strategies efficiently and without the emotional baggage that can sap a human's discipline.

  5. #4
    Senior Investor Uncle Gober's Avatar
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    An automated trading environment can generate more trades per market than a human trader can handle and can replicate its actions across multiple markets and time frames. An automated system is also unaffected by the psychological swings that human traders are prey to. This is particularly relevant when trading with a mechanical model, which is typically developed on the assumption that all the trade entries flagged will actually be taken in real time trading. You can freely using robot with armadamarkets broker.

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