Quote:
Originally Posted by sonjeriff
Hi! I heard that everyone can use free robot program to earn money by trading forex in markets. Is it true or just a scam? If it is true, how does it work? Please share with me your opinion. Thanks.
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hey sonjeriff,
Most of the robots out there are scams but not all of them. there are some pretty good ones such as megadroid that need little supervision. Others are good but do require some knowledge of forex to make them REALLY good. What happens is that new people come in and with no formal trading education they expect these Robots to make them millions overnight. And its really not the case.
If you cant name 10 major news announcements that affect forex you should not be trading. Like I said there a re a few good ones megadroid being at the top as far as a set and forget EA but if you want success in forex you have to understand it and use robots as tools. What most people do is expect their hammer to nail the nail in by itself and then THEY get tooled in process.