Monday 25 January 2010

Auto Forex Trading - Is it As Good As They Say?

Auto Forex Trading seems like a dream come true for both the high profile Forex trader with a big account and the beginner Forex trader with a small account alike. In this article, I'll first go over how you can trade Forex on autopilot. Then I'll discuss some of the things you should understand and look for when looking for an automatic Forex trade program.

First, What Is Auto Forex Trading?

Automatic Forex Trading is when you let a piece of software, a computer script or a "robot" do the currency trading for you. Predetermined indicators are programmed into the script, and then the program monitors the Forex Market in real time and makes trades when the conditions are right. The goal is to use the Forex robot to automatically monitor currency market conditions, make winning trades and reduce risk.

One of the great things about using a computer program to do your currency trading for you is you can test the program by using backtests or a demo account. This sure takes off a lot of the stress of trading when you can check the automatic robots settings before putting any real money on the line.

Using an automatic forex program is the closest thing you'll get to a "set and forget" Forex solution. After you get the program set up to the proper specifications (normally given to you by the programmer), you just let the program do the trading for you. And if everything is done right... you just need to count your profits. First ask yourself, "What is the right currency trading solution for my goals and personality?"

Is Auto Forex Trading Right For Your Forex Trading Style?

Not all Forex traders are the same. Some like to be 100% hands on and do all the trading themselves. However, this means you need to keep up with the currency market, the trends and need to be around to do all the trading at the right time... day or night. This approach takes a high commitment of time and energy.

Some currency traders use a semi-automatic computer program. In this case, the software keeps an eye on the market and makes suggestions. Then you need to make the trades. If you are skeptical that an automatic robot can really make a high percentage of winning trades all by itself, this might be a better option. The bad part is you still need to do all the trading manually, which results in being glued to your computer screen at all times of the day and night.

If you are looking for a "set and forget" type of solution, the fully automatic option is for you. But not all auto Trading robots are the same.

Not all automatic Forex trading solutions are created equal!

If you are like me, you want to take advantage of the huge opportunity the Forex market provides for making money and creating wealth. But, doing the trading manually requires you learn everything yourselves and put in the time necessary to watch the Forex Market. Some might want to take a less involved approach. This is where auto trading comes in.

The success of an automatic Forex robot is determined by the preprogrammed indicators it uses to do the trading. They should be set to make maximum profit, but reduce risk. This normally means looking at currency trading in a more long term setting, and avoiding the "all or nothing" trading style some Forex robots are set to use.

Here is one of the most important things to look for. Auto trading programs usually use backtests as "proof" their program delivers on its promises. And there is nothing wrong with that. But, there is a difference between backtesting and putting REAL money on the line. So, my advice is to look for an automatic Forex robot that has been proven to work in the REAL world with REAL money. After all, those are the results you want when you use the robot, right?

Don't be fooled by hypothetical test and programs that ONLY use backtests to prove their system works. I wanted the go the auto trading route, so I needed something that was proven to work with REAL money. For me, finding the right automatic trading solution really was a dream come true.

Take a free look inside the auto Forex robot Edward uses at: Inside FAP Turbo.

To see why this is perfect for an investor starting with a small account, go to: Trading With Small Account

The Different Forex Trading Strategy to Help You Make More Money and Minimize Risks

People need to make money in order to live a comfortable life. They need it in order to pay for the utility bills, pay for food, for education and other things that are necessary in life. This is why people tend to do anything to make money. Some people work in a company, some people prefer putting up their own business and some people trade in the financial market as a career.

One such financial market that you can really make money from is the Forex market. The Forex market is the largest and the most liquid market in the world with trades open for 24 hours a day and exchanges that amounts to trillions of dollars each trading day.

In order for you to be successful in this market, you need to know the basics about the Forex market. You need to be able to know how to trade, when to trade and what to trade. You will also need to know the different trading strategies in the largest financial market in the world which is the Forex.

Knowing about the different trading strategies in Forex will allow you to minimize the risk of losing money and increase your chances of making huge profits.

First of all, it is important that you should remember that the Forex market can give you the chance to earn a lot of money. It is a known fact that people who have traded in this very liquid market have made millions of dollars almost overnight. You also have to know that the Forex market is also a very risky market to be in. It is also a known fact that many traders in this market have experienced losing a lot of money even to the brink of bankruptcy or beyond.

This is why you should know the different strategies that are necessary in the Forex market. Without these strategies, you will be like a blind man crossing a busy intersection with no one to guide you.

First, you need to realize that Forex trading strategies are very different from the strategies used in stoke trading. If you know about the different trading strategy in Forex, then you will really earn a lot of money from this very large financial market.

One of the most useful strategies that you can apply in the Forex market is called leverage. This is one of the most common strategies that you can use in the Forex market and most Forex traders are familiar with the leverage strategy and many have made large profits from this strategy.

If you already have a funded Forex account, you can use the leverage strategy to help you trade more effectively in the Forex market. Leverage strategy works by giving you 100 times the amount of money that you can trade in your deposited account. Therefore, if you do win, your income will also increase 100 times. This will allow better results in your trades.

Another strategy that is commonly used in the Forex market is called the stop loss order. This strategy is used to protect you from potentially losing a lot of money. This works by letting you choose a predetermined point in the trade where you will not trade. Therefore, it will eventually minimize the risks. However, if the movement of the currency is not like what you actually predicted, you will end up losing potential money making opportunity with this kind of trade.

Automatic entry order is another Forex trading strategy that you can use when you trade in the Forex market. This will allow you to enter the Forex market automatically when the price of a particular currency is right for you. The price is predetermined and once it reaches that predetermined price, you will be automatically entered into the trades.

These strategies will help you trade in the Forex market more effectively. It will eventually help you minimize the risk and maximize your income earning potential. However, you should always remember that you should know when you should use these strategies. It is also important that you should remember that there is always the risk of losing money when trading in Forex. These strategies will not necessarily eliminate the risk but will minimize it.

Do you want to learn more about it? I have just completed my brand new guide to your Forex success, 'The Insider's Guide To Your Forex Fortune'

Download it free here: http://www.yourforexfortune.com

Seth Hamilton is a full time Forex Trader who has established himself as an expert in the world of Forex Trading and Currency Exchange.

Tuesday 22 December 2009

Quality Forex Training is the Key to Success

Quality Forex training is the key to success for any budding Forex trader. But sometimes I think Forex training is too regulated then at other times I think that there isn't enough oversight. The reason that Forex training is so important and vital is because the Forex market is extremely competitive, volatile and fragile. Training is an essential step to become an experienced trader. Forex training is in demand as many people look for ways to profit from the currency trading marketplace.

Some things to consider when looking for free Forex training. Many websites offer a free demo account and free Forex trading System training. You can get free, live Forex training over the web from professional traders. Go to one of these websites and try a free practice account and learn how currency trading works.

Choosing which of the many Forex courses you want to take is not an easy task. There are literally hundreds of courses and materials out there for proper Forex training. Some training courses are specifically designed for home study use. But is it necessary for new Forex traders to study more about Forex trading courses or just join a Forex training program. The good news is that lots of courses will show you winning entry techniques and you should take the time to find and digest as many training courses as you can before you begin. Due to this fact, more and more people are either enrolling into FOREX courses or purchasing different kind of books regarding FOREX trading. Online education courses are a great way to learn and there are many to chose from on the internet today.

Without the proper preparation and expertise, a trader's chances of succeeding are reduced. With the correct training and mentoring a new trader can then intelligently develop a strategy that is suitable for him. Get to know the tools of the trade, as well as what will be expected of you to become a successful trader. If you'd like to learn how to become a successful Forex trader, consider a professional Forex mentoring course. With this kind of one on one assistance, a new trader can acquire and improve their necessary professional trading skills. With a little research, you can learn how to avoid common Forex trader mistakes and how to learn to move on. Have you heard the wise saying that a trader who fails to plan, plans to fail.

You may ask, “Do I have what it takes to be a currency trader” ask yourself do you have the drive and tenacity to succeed . I can tell you that as a well trained currency trader you can earn average profits of 5% to 25% or more per month. As a competent Forex trader you must study and understand daily foreign exchange rates. Becoming a successful trader will take work and a little stress, but the rewards are great. But I would say that fear and greed are, without a doubt, the enemies of the successful Forex trader and proper training is very important if you seriously want to get into the world of Forex trading.

So to sum it up quality Forex training is the key to success. The reason that Forex training is so important and vital is because the Forex market is extremely competitive, volatile and fragile. Forex training is essential to become an experienced trader. Forex training is very much in great demand as many people are looking for ways to profit from the currency trading marketplace. Training is widely available on the internet, including online courses, advanced trading workshops, books and more. If you search the internet you'll discover a lot of companies offering Forex training along with some great free Forex resources.

Andrew Norman

Runs a free Blog site giving advice on Forex trading and training. Has lots of useful stuff like a Daily Forex Report, links to free trading systems, books etc. at [http://forex-gbh.com/blog]

Reasons Why Currency Forex Trading Remains A Secret

Forex currency trading can easily be found nowadays over the internet. If you search the net, there are numerous web sites offering hundreds of investment programs like currency forex trading, real estate, stock trading and many others.

If you ask some of the currency forex traders why they choose this trade from among the many options, the likely answer they would give is that currency forex trading is an easy way to earn money. Very safe too if done on the internet.

Currency forex trading is the most profitable internet income opportunity because you can do it at home, in the office and from any country in the world.

In currency forex trading online, you do not need to do any marketing, selling or promotion to succeed. You do not have to have hundreds of dollars to be able to open an account. And you would not be spending much also in the course of your currency trading career.

All that is needed to be done is open an account from any of the brokers with as little as $300-$2000. then all you have to do is follow the instructions given on how to go about buying and selling your currency forex trade.

When the price of the forex currency is low, start buying. If the price suddenly goes up, sell your currency and make instant and easy money. All this is done in a day. You can easily go from buying to selling your currency forex within the span of those short hours.

After having done your trade for the day, you can log off the internet and just come back on to check on what is happening to your currency forex trade and the forex market itself. No harm in checking once in a while and seeing if you need to have some actions done.

The good part about doing currency forex trading online is that you can already enter all the buy trades and their specified prices. Whenever the value of the currency forex rose and reached your desired selling price, the currency will be automatically sold for you. You just made some money and you do not know it yet. The nest time you log on to your account, you will see that you are some cash richer.

Another good thing about currency forex trading online is that you can have a permanent job and still do your currency forex work in your spare time or whenever you are available to see what has been happening.

Currency forex trading is trading the easy way. This is how the system works.

Before putting real money to open your own currency forex trade, you first have to avail of the free trial account and practice there for some time. The main purpose is to better understand how the currency forex works and to acquire the proper skills needed.

In currency forex trading, you can choose how much money you wish to invest, how much money to make and when to make it. Your computer would be your “ATM” machine that tells you the amount of money you now have available. You are the boss in the currency forex trading. You can do as you please and decide what steps to take in your every action.

Currency forex trading is the fastest and easiest way to make money online compared to other investment programs. The forex market is a daily business worth billions of dollars that is much larger than all the stock in the world combined together.

There are only some of the reasons why people choose currency forex trading over other trading and businesses that are rampant everywhere nowadays especially on the internet.

Maybe this is also why many people are not aware of currency forex trading yet. By reading more about this kind of trading, people would get to know the secret behind one of the greatest wealth on earth. Perhaps they would also know why currency forex is little known to many people and why it is kept hidden until now.

Not everybody is given the opportunity to try and enter into the currency forex trading and avail of its advantages. So currency forex traders should be glad and take the best care of their currency forex accounts.

Kevin Anderson is the owner and operator of http://www.forextradingcenter.info a site developed to give users the most updated information on how to trade Forex properly to make a profit.

Monday 21 December 2009

Automated Forex System Trading - Maintaining Positive Expectancy

What is Positive Expectancy?

Positive expectancy sounds like something a motivational speaker would talk about or a psychiatrist. In fact, there are some people that use the term for those reasons. This article is about using the term in the context of Forex trading strategies, STATISTICS, and MATH. One of the major advantages from using an automatic Forex trading system is built in discipline that maintains a high POSITIVE EXPECTANCY that can lead to large profits. Positive expectancy defined in its most simple form, is that on the average, there is a probability that you will make more money than you will lose.

If the Forex trader gets nothing else from this article the MOST IMPORTANT POINT that must be understood is that WITHOUT POSITIVE EXPECTANCY in any Forex trading system automatic or otherwise, there are no money management procedures or trading techniques that will prevent you from losing all your money.

Most traders confuse positive expectancy with the probability of winning. Forex traders and especially Forex system developers love to brag that their system "picks winners 97.3% of the time", and fall for the easy but incorrect logic and "feeling" that a high percentage of wins means a high profit. Sadly, this is NOT TRUE! Winning 97.3% of the time will not generate Forex profits if the 2.7% of losing trades wipe out your account. Confusing win probability with positive expectancy is what ultimately leads to Trader's Ruin.

Trader's Ruin is the mathematical certainty that over time the trader will lose all his money to the market if he trades without positive expectancy. Many very successful traders and auto Forex trading systems have a win probability of about 40%, with a high positive expectancy that returns huge profits.

If an automatic currency trading program wins 9 out of 10 times (90% wins!), and the average win is $10 but the average loss is $100 - that system has a negative expectancy and will lose money!

If an automatic Forex currency trading system wins once every 20 trades (5% wins!), losing an average $5 each losing trade but makes an average $100 on each win, that system has positive expectancy and over the long run will make money.

Did that tie your brain in a knot? Let's explain a little further.

To be able to say an automatic Forex trader, or any system, has positive expectancy means that on average the system will make more money than it loses. On any given trade, it may win or it may lose, but the average over time and many trades is profitable. This should include costs and slippage and be measured over an absolute minimum of 30 to 100 trades, preferably many more.

This analysis assumes the Forex trader and the Forex trading tool are properly capitalized and the trades are properly sized to reasonably ensure the system will survive the inevitable periods of losses.

"Properly capitalized" means you have enough money in your account that you can make properly sized trades and survive long enough for the average returns to grow your account. If the account is too small, it is much more likely a run of losses will wipe you out before you have time to generate profits.

"Properly sized" trades means that the average size of expected profit on any trade is large enough to cover expected average losses plus trading costs and still have positive expectancy.

"Exit loss" will be defined for this article as the amount the trade will be allowed to move against us before it is "stopped out" by our stop loss setting and we exit the trade. This applies to both winning and losing trades.

"Costs" in Forex trading are usually in the form of "bid/ask" spreads, Forex brokerage fees or commissions are usually small or non-existent. There are still real costs that figure into the expectancy of the system.

"Slippage" is defined as the difference between the price a trader expected to pay when a trade is ordered and the actual price paid. The Forex market is always moving and if the market moves against our trade, the time between our contract order and when it is executed in the market may allow the price to change. A good Forex automated trading system has an average known slippage value figured into the system also.

To make this easier to understand, let's put some numbers to it. These are simplified examples to illustrate the concept and the numbers may or may not match real FX trading strategies.

If my automatic Forex trading system follows a set of rules that allows an exit loss of $10 before it is stopped out, and my costs are $10, and my "slippage" averages $5 then my average loss will be: $10 exit loss + $10 costs + $5 average slippage = $25 average loss per losing trade. These trades are generally trades that immediately move against the trader.

If the trader executes each trade at $1000/trade and if my Forex trading system has an average winning trade of $50 (which includes the $10 exit loss), after costs and slippage we have $50 -$10 -$5 = $35 profits.

Now all we need to figure out our expectancy is to know our probability of a winning trade. Let's start with a system that has a 50% chance of winning. So this system has the same winning average over time as flipping a coin.

The Expectancy Equation

Pp = Probability of Profit
Ap = Average Profit
Pl = Probability of Loss
Al = Average loss

Expectancy = (Pp x Ap) - (Pl x Al)

In our first case:

Pp = 0.5
Ap = $35
Pl = 0.5
Al = $25

Expectancy = (0.5 X $35) - (0.5 X $25)

= ($17.5) - ($12.5) = $5

So this system trading at $1000 per trade has a positive expectancy of $5 per trade when traded over many trades. The profit of $5 is 0.5% of the $1000 that is at risk during the trade.

Now let's examine how our Forex trading techniques, rules, and behavior can affect our profits. First let's pretend we have experienced a run of losses and we are low on money because we are not properly capitalized. What happens if we lower the amount of money at risk and only trade $500 per trade? This cuts our profits in half but does not affect costs and slippage. An average winning trade is now $25, after costs and slippage we have $25 -$10 -$5 = $10 profits. This is a big hit to profits, but it is still a profit... right?

If we examine our expectancy our numbers look like this:

Pp = 0.5
Ap = $10
Pl = 0.5
Al = $25

Expectancy = (0.5 X $10) - (0.5 X $25)

= ($5) - ($12.5) = -$7.5 !!!

This system trading at $500 per trade can be expected to lose money on the average of $7.50 per trade.

NEGATIVE EXPECTANCY ! By trying to conserve money we have ensured that we will lose money! This illustrates the importance of having a properly capitalized account for the size of our trade, and the importance of watching the effect of costs and slippage. Trading many small trades can push a good Forex trading system into negative expectancy with costs and slippage.

Let's now make a different assumption, let's double our trade size and start our trading at $2000 a trade (assuming our account is properly capitalized to do this). An average winning trade is now $100, after costs and slippage we have $100 -$10 -$5 = $85 profits.

Pp = 0.5
Ap = $85
Pl = 0.5
Al = $25

Expectancy = (0.5 X $85) - (0.5 X $25)

= ($42.5) - ($12.5) = $30

We doubled the amount of capital at risk, but it has increased our net average profit per trade by SIX TIMES! The percentage gain is also increased to 1.5%, an increase of profit per dollar risked by THREE TIMES. This is a very good result.

Let's examine one more case and double our trade amount again to $4000 a trade (assuming again our account is properly capitalized to do this). An average winning trade is now $200, we are assuming costs for this remain the same traded as one lot, after costs and slippage we have $200 -$10 -$5 = $185 profits.

Pp = 0.5
Ap = $185
Pl = 0.5
Al = $25

Expectancy = (0.5 X $185) - (0.5 X $25)

= ($92.5) - ($12.5) = $80

Another nice average profit per trade. We doubled the amount of capital at risk again, but this time it has only increased our net average profits by 2.67 times. The percentage gain is also increased to 2.0%, an increase of profit per dollar risked of only 1/3 of the previous increase. From this point on, increasing the size of our trade, assuming that fees and slippage stay the same, has only a small, gradually diminishing effect on our trade efficiency as it gets larger and larger. Gross and net profits will increase, but the average percent return on our capital at risk will stay about the same.

The examples above are simplified to make the arithmetic easier and to illustrate the concepts. Lot size, leverage, and many other factors complicate the equations in real world trading but the basic concepts remain the same. Without positive expectancy, the trader is assured of losing his money.

This demonstrates that the small Forex trader needs to carefully examine his trading techniques and exercise "iron willed discipline" in his trading to ensure that he can effectively "stay in the game". Trying to do "on the job" Forex training while making small timid trades with a "too small" account is not a way to "increase or protect your money," in fact it may be the sure way to Trader's Ruin.

The joy of automated Forex trading systems and mechanical trading software is that it enforces trading discipline that keeps losses small, and lets winning positions run with built in positive expectancy. It is Forex made easy. There are websites that do online reviews of several automated systems that have the capability to do simulated Forex trading online, on a Forex demo account, so that the average trader can test them for 60 days with no risk and each has a 100% money back guarantee. Many offer suggestions for the best Forex broker compatible with their online Forex trading platform and offer full support for setting up your Forex demo account.

The beginning trader, just learning Forex trading, can learn a tremendous amount just from the running the demo accounts and can learn which is the best Forex system trading software for his or her goals. Rather than spend money on Forex training, a currency trading seminar, or trying to create your own FX trading strategies and implement them, the astute trader can let the experts do that and just test their work for profitable results. Then sit back and watch the Forex autotrading robots make money while you relax and rake in the profits.

About The Author: Ben Theranbak is an avid student of history, economics, statistics and the markets. He has an MBA, an MS in Aeronautical Engineering and is a graduate of the Naval War College. A former Naval Aviator, Ben is a skydiver and world traveler. Get a FREE report on a SPECIAL new development in FOREX trading at his website at http://trueairspeed.ws This site also offers reviews of several of the best available FOREX automatic trading systems that offer fully automated trading capability along with the ability to fully test the systems using Demo accounts or paper trading for a full 60 days along with full, unconditional 100% money back guarantees.

What is the Best Forex Trading Software

If you are new to the world of Forex trading, you might not know what the best Forex trading software is. However, this is something you're going to want to know if you want to be successful in Forex trading. Good software can make the difference between being an adequate trader and a great and very successful trader.

This will present an overview of what Forex is and how it can work for you. Forex trading, also called foreign exchange trading, works by trading currency pairs. Basically, you are predicting that one country's currency within your pair is going to do better than the other currency in the pair your trading. You make trades based upon these predictions, and make or lose money based upon how things actually work out.

Even the best Forex trading software can't work for you until you know how the market actually works, but it can streamline the process for you once you do. Learn your way around the Forex market by opening up a "demo" account with one of the Forex traders online and practicing. While you practice, you can also begin to use Forex trading software so that you learn how to use it so that you can make trades to your best advantage. You should know that you should never trade with real money until you know the market very well and have learned how to use your Forex trading software expertly, too.

What the best Forex trading software can do for you

The best Forex trading software cannot "take over" your trades for you completely, even though some sites may tell you that you don't need to know anything about Forex and can still make money as long as you use their software. In fact, you're going to use your Forex trading software to make your trades for you automatically, based upon criteria you give it. That is the main key right there - the criteria you give it, and that is where your understanding of the Forex market comes in, so that you understand exactly what criteria to give the Forex software to maximize your profits and minimize your losses.

What your Forex trading software can do for you is to keep up with the Forex market, which moves very fast and in real-time. There is a lot of data to be analyzed and considered, much more than you can analyze manually. The best Forex trading software will receive this information as quickly as it comes in, and make your trades for you based upon the criteria you've given it so that you have your best success.

What should your Forex trading software be able to do?

Your Forex trading software should be able to provide you what are called "trading signals." These trading signals are basically indications provided to you by a third party that recommend whether you should buy or sell. Therefore, your best Forex trading software is going to have this particular function built into it as part of the service.

A second thing your Forex trading software should be able to do is to allow you to place what are called "stop loss" orders. These are automated orders whereby your currency will be sold if it falls below a certain value that you have specified. This is important, because it keeps you from "losing your shirt" on a trade that is losing money. By defining your stop loss at specific values, you accomplish two things. First, doing so ensures that you don't have to be there in order to have the stop loss order implemented. You simply place it and it is implemented at the appropriate time, automatically, unless you cancel it. It helps keep you from experiencing additional loss.

The second thing placing a stop loss order does is that it negates any psychological factors that may actually help cause extreme losses. Let's say you're losing on a trade and you've placed a stop loss order so that the currency is sold once it drops to two dollars. By doing this, you prevent yourself from risking further loss by saying, "Well, maybe this currency will gain in value once again, so I'm going to stay in on the trade and see what happens." In effect, you are giving yourself an automatic "out" and taking yourself out of the process once that loss has occurred.

Remember that even the best Forex trading software can't do everything. Forex trading software is meant to be a tool to help streamline the Forex trading process for you so that it is automated to some extent. However, you still must have a good solid working knowledge of the Forex system and how it works in order to be able to use your Forex trading software effectively.

It's a bit like learning how to drive a car. Improvements in cars these days like power steering, power brakes, and airbags make driving safer and much easier than ever before. However, you still must be able to steer the car effectively, to accelerate and brake as necessary, in order to be a safe driver. In other words, the car is a vehicle you control, and you can't simply sit back and let it do the work for you.

The same is true of even the best Forex trading software. It can streamline the process for you and make it much easier and more automatic, but you still have to be in control. This is why it's imperative to know the Forex market very well before you try to trade with real money. In addition, having a thorough knowledge of the Forex market will tell you which software is best for you.

For more insights and additional information about the Best Forex Trading Software as well as reading reviews of the top and most popular Forex trading software, please visit our web site at http://forexsoftwarereviewguide.com

Forex AutoPilot - The Essential Things You Might Want to Know Before You Purchase FAPS

Are you ready to make money with Forex Autopilot software?

In this article I will cover most of the question people are asking or wondering about and also talk about important things you guys might want to know..

Well let's just start off with a introduction.

What is Forex AutoPilot?
Forex AutoPilot is basically a fully automated trading system specially designed for the forex market by Marcus Leary and the Forex AutoPilot System residude in the fully automated forex systems categories just like the name sugest.. Meaning that it not only has the ability to analyze the forex market trends and movements in real time format it is also able to place trades on it own completely without any users intervention.

What is the benefits/advantages of owning the Forex AutoPilot System?
1. The most important advantage the Forex AutoPiolt System has against us normal traders is to be able to trade in the forex market 24 hours a day round the clock without any rest.. Why I say this point is important is because as every traders knows the forex market runs 24 hours a day 5 days a week, it is simply impossible for us, a normal human being to attain. (You must be thinking it's crazy !) This is where automated forex trading with a powerful system like the Forex AutoPilot comes into play. It not only enhance your overall performance but also ensure thatyou do not miss out on any profitable entry points that you might miss when you are not attentive of the market movements, for example when you are sleeping or spending time with your friends or family..

2. If you are not experienced in trading, using a reliable and automated system like Forex Autopilot will help alot in keeping you away from the losses and at the same time providing you with an expert advisor working for you round the clock 24 hours a day as Forex AutoPilot has a very complex algorithm that can analyze the forex signals and at the same time keep you away from the market when it's unprofitable while trading the forex pairs which ever is gaining profit for you automatically.

3. From the users point of view, Forex AutoPilot certainly does not look like a scam because of the accuracy in identifying the trend without the use of the martingale strategy, a very risky gambling like strategy that many of the others forex robots out there was using to achieve high results in the back testing.

4. Within the forex community this particular system Forex Autopilot has gained a lot of popularity because of its consistency, service and guarantees hence it has become the popular weapon of choice for any people looking to create a TRULY PASSIVE INCOME while at the same time doesn't burn a big hole in your wallet. Forex Autopilot requires only a small investment from you and indeed the system does not demand a big investment. Wondering how "small" I mean? Find out HERE. The most important things that comes together with the purchase of Forex Autopilot is its "UNCONDITIONAL MONEY BACK GUARANTEE", which mean you will be able to use it for up to 8 weeks with totally "NO RISK" involved. Tempted? That is also 1 of the main reason i'm a proud owner myself.:)

5. Now lets move on to the factors alot of us traders are concerned about, the cost of the software and the benefits ratio that comes with it. Well lets compare the prices of the 2 hottest autopilot forex software out there in the market, 1st the FAP TURBO against FOREX AUTOPILOT and after research I found out that the FOREX AUTOPILOT has a lower price tag than the FAP TURBO and it also falls within the average price for this kind of product hence I can conclude that it is NOT over priced and there is no doubt that the benefits of this system will suppress its cost comfortably by a couple of hundred dollars in LESS THAN A MONTH. Great isn't it? therefore, this system delivers an extremely good bang for your buck and a very good cost versus benefit ratio.

6. Now lets talk about user friendliness, the Forex Autopilot System takes a little bit of getting used to it in the early stages ( just like how to operate a microwave for the 1st time ) but it is nothing you should worry about even if you are a complete newbie in the forex trading business. Simply start trading with a demo account and let the software do its magic and work for a few days until you feel comfortable. Just like anything before you start digging into your pocket and start trading with real money, you simply just have to take your time to familiarize with it and once you are over the testing and familiarizing phrase you are ready to have it working for you 24hrs a day round the clock as it places and closes the trading orders automatically all by itself.

7. How about this question, is it hard to execute? well actually there is really nothing much to execute once you start using the Forex Autopilot System and it will not take you long to learn how to use the system and it will run all by itself once you do so. Now all you have to do or need to do will only consist of stopping by to check on the performance of your investment from time to time so we all agree that this system is the king in the ease of execution department.

"IMPORTANT and MAIN" question people always asked or had it running in their mind.
Is Forex Autopilot really PROFITABLE? (Below is the Answer)

How much you decide to invest in your trading operation will be the amount of money you will initially make with the use of Forex Autopilot System but because of this software which actually does the trick even a small investment will quickly turn into a significant amount of money. Yes, indeed as this forex software handles all the process automatically for you by constantly staying connected to the market, analyzing and making important split second decisions that will translate into money for your pocket. Their creator says that this system will deliver 96% winning trades but up to this date myself and a group of professional traders have experienced 6% of losing trades so according to our honest experience the success rate should be around 94% winning trades. Hence we can realistically say that this system will deliever up to 140% monthly return rate on whatever amount of money you decide to invest.

And lastly a final Conclusion:
Start taking advantages of automation by using a reliable forex system like the Forex Autopilot if you really want to profit from the forex market. I and my fellow professional traders who have been using it strongly recommend this system because out of so many competitors the Forex Autopilot System remains one of the most profitable automated forex software available.

Well guys I have come to an end of my article, really hope this article serves it's purpose helping readers/traders like you clear away most of the doubts and questions you have about the Forex Autopilot System. Many thanks for taking your time off your busy schedule to read my article and hope You start to make the right decision soon and start rolling some SERIOUS CASH in!

If anyone is interested and want to know more about the software feel free to visit this site where i got my copy from http://www.moneymakingforexrobot.com

This author is a professional full time trader in the forex market get to know more about the software he use in this site http://www.moneymakingforexrobot.com