Automated Forex Robots

[tordon]

I started a new strategy at the beginning of the year using automated forex robots. I really like the idea of being able to trade regardless of where I am or what I am doing. I do not like being tied to the computer 24/7, watching charts all day, so... I invested in a couple of forex robots to test their results against my own. So far they have proven to be very profitable even in this roller coaster market. I will admit that I have been a little more cautious than normal but I am really starting to feel more comfortable. I was wondering if anyone else has had any luck with forex robots. I would really like to get more ideas on what others had tried that have worked or if I had just had some blind luck. So what do y'all think? Automated or not?

[Sinnerman]

Originally Posted by tordon

I am really starting to feel more comfortable.

"Feeling comfortable" is not quite enough in my opinion. A lot of traders feel comfortable after demo trading for a month, and then find out that the feeling was wrong.

How long have these robots been running and how many trades have they completed? Do you understand the algorithm or are they "black box" type systems? Normally any trading system has to be tested over many many trades in order for it to be statistically viable, and even then some of them end up failing when exposed to the real market.

I personally don't believe such robots are a feasible replacement for a human brain, despite all the weaknesses of the latter. The algorithms at some of the world's largest and most successful financial firms failed once the subprime market collapsed, and these algorithms are not built by Joe Trader in his basement - they are quite a bit more sophisticated. Ask yourself if you really believe Joe Trader's Basement System 2.0 will succeed where teams of top-notch institutional traders, engineers, economists and computer scientists failed? I would say no. That's just an opinion however, and I am ready to be proven wrong.

[Enivid]

I prefer manual trading. It's hard to incorporate everything that markets react to into a single program that would be trading for me. Automated robots can't use fundamental analysis.

[khairul6355]

Originally Posted by tordon

I started a new strategy at the beginning of the year using automated forex robots. I really like the idea of being able to trade regardless of where I am or what I am doing. I do not like being tied to the computer 24/7, watching charts all day, so... I invested in a couple of forex robots to test their results against my own. So far they have proven to be very profitable even in this roller coaster market. I will admit that I have been a little more cautious than normal but I am really starting to feel more comfortable. I was wondering if anyone else has had any luck with forex robots. I would really like to get more ideas on what others had tried that have worked or if I had just had some blind luck. So what do y'all think? Automated or not?

Right now, I use fap turbo and it's help me a lot to increase a profit.

[FXexpert]

How long have you used fapturbo ??

[WalkieTalkie]

I have been wanting to invest in FAPTurbo for quite a while, but there are some things i need to find out and i hope you can help. I have e-mailed FAP?s support but they didn?t bother to reply.

1. Is there any charge for using their server?

2. If i register the program from a certain location (IP Address), can i log in from another?

3. Can this be operated from a laptop from different locations?

[azam]

im used fabturbo too.. n enjoy with it

[amish]

Originally Posted by WalkieTalkie

I have been wanting to invest in FAPTurbo for quite a while, but there are some things i need to find out and i hope you can help. I have e-mailed FAP’s support but they didn’t bother to reply.

1. Is there any charge for using their server?

2. If i register the program from a certain location (IP Address), can i log in from another?

3. Can this be operated from a laptop from different locations?

I started with the same and found hurdles on the way so i switched to mannual trading. Though the Forex Autopilot technology helps users design and run automated Forex trading systems. Trading systems can operate on a myriad of factors such as market conditions and multiple technical indicators. It can also be set to automatically create orders and execute trades whenever a buy or sell signal is generated. But I have to rely on mannual systems to verify the effectiveness of my trading strategies by visually back testing my systems on historical chart data.

So I went to www.wsd-nz.com and enjoyed it. Once a trading system is configured, as i defined, they will open and close positions at specified parameters. These parameters can include price levels, moving average crossovers, and even technical indicator levels. When certain conditions are met, orders are triggered. This way, I can implement my Forex trading strategies without having to watch the market all day long.

[FXexpert]

So you had a good experience with wsd-nz amish ??

[pde10d]

Originally Posted by WalkieTalkie

I have been wanting to invest in FAPTurbo for quite a while, but there are some things i need to find out and i hope you can help. I have e-mailed FAP’s support but they didn’t bother to reply.

1. Is there any charge for using their server?

2. If i register the program from a certain location (IP Address), can i log in from another?

3. Can this be operated from a laptop from different locations?

Hi walki Talkie..
1-I'm not sure why they (FapTurbo) did'nt bother to reply for you.but for my advice you must follow up them.maybe you must sent your question 2 or more email.You must know FapTurbo have a customer more than million people from worldwide.so some time they can't reply answer for you.About your question "" Is there any charge for using their server?"".-answer is NO .

2-No you can't login from another IP address more than 1.in certain case you can used from 2 different IP address ..But to make sure you can ask them again.

3-Ya you can operated it from a laptop from different locations but you must make sure the IP address you used not exceed than 2.if you working like stewardess,i mean you usually have at different place ,you can tell them.Trust me !!!i always ask them using an email.but sometime you must patience.


sincerely,
pde10d