Automated Forex Trading System | Automated Forex Trading System Information

Question: Do automated forex trading systems work?

(Posted by: AfricanLion on 2008-08-05 21:18:48)

I been interested in the forex currency trading system and was wondering if they really work? anyone have any info ...? please help!

Posted by: Farrel on 2008-08-09, 00:44:38

I have bought a few autopilot systems and so far they do seem to give a slight edge to the results. The one that I had the best results was Forex Raptor Software trading system. Forex Raptor made me some money on autopilot.

Posted by: EarthBender on 2008-08-05, 21:22:10

You might find this helpful: squidoo.com/ currencytradingsystem To answer your question. Yes these systems are proven to work. Some people like to use them as advisory tools, and some use them on autopilot. It's your choice, but be sure to choose the right system. I'd recommend the ones on that site.

Posted by: I love Obama on 2008-08-05, 21:22:22

No, it only works for people who have tons of money and profit from very small spreads.

Posted by: dnldslk on 2008-08-05, 21:24:32

No. The only reason you are "interested " is that these schemes are heavily promoted. Forex is just another commodity. You might equally be interested in commodities such as gold, cotton, or eggs. Many forex brokers advertise commission free service. They profit with the bid/ ask spread, but their spread is larger than traditional commodity firms, which charge a commission. Pros prefer paying a commision to the "free " brokers. I highly suspect your first responder is a scam. I'd be wary of taking his links. This YA category is filled with more scams than any other category I know of.

Posted by: RyanO on 2008-08-05, 21:33:56

Some of them work. 24hcbmall.com/ forex-trading

Posted by: the d on 2008-08-05, 21:35:42

Sure IF YOUR LUCKY!!!!!

Posted by: RINKY on 2008-08-06, 02:20:05

Forex trading-tradingsforex.info/

Posted by: what? on 2008-08-06, 04:13:47

No, of course not. think about it: if you had developed a program that could reliably make you good returns, would you let the entire world have it for $20 a month, or would you keep it to yourself and make a few million a year?

Posted by: James K on 2008-08-07, 01:04:09

I would be careful about which forex systems you look into buying because there's a lot of scams out there which you can get burnt from. I would suggest taking a look at some reviews before you make any decisions because some of the systems you're going to see are less than satisfactory (no matter what the site suggests). When I was looking for a Forex system, I found fxsystemscompared.com which has reviewed all the top forex systems and given them HONEST and UNBIASED reviews based on actual customer comments online. For me, reading what they had to say made parting with my cash a no-brainer. Hope this helps?