Of course you can buy a forex robot from the net but most of them won’t make you money as they have never been traded and have paper track records or you can have one which is FREE works, will continue to work and has made huge gains…Before we start most forex robots don’t work because they are designed in hindsight and the vendor bends the rules to fit the data he is testing as no two portions of data ever replicate themselves exactly, the system fails.This is known as “curve fitting”, or bending the rules to fit the data.One trader I know, likened this to shooting at barn door and then drawing a chalk circle around each and every shot, to make it look like a bulls-eye afterwards.Here’s the disclaimer you see on just about every robot sold:”CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the… Read full this story
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