If I came up to you into a bar and said give me a hundred dollars and I will give you an income for life with no effort, you would think I was joking. But online, people hand over to Forex Robot vendors who promise them an income for life with no effort and they all lose their money for one simple reason...
If you have someone claiming they can make you money, you would have thought they could produce some hard evidence, that they had made some themselves but look at all the Forex robots sold and you get big claims and NO verified, real time track record!
A closer look at the track records, shows them to be no more than computer simulations going backwards knowing all the closing prices, well that's very easy but the challenge of Forex is trading without knowing this key data.
People will always believe the shortcut route to riches and they buy these systems and they lose. They never stop to think, that 95% of traders lose money and if it were so easy to make money as the robot vendors claim, the whole world would be trading and not bother going to work. These systems are sold for so little because they DON'T work, not because they do.
Forex trading is a learned skill and you can win, anyone can but you have to do what you do in all professions to succeed and that's to learn the basics and get confidence in what your doing.
Sure you have to make an effort but that's true in any money making venture and Forex trading is no different but the really good news is for the effort you have to make the rewards are enormous.
So learn Forex trading the right way and make an effort and you will be well rewarded.
If you have someone claiming they can make you money, you would have thought they could produce some hard evidence, that they had made some themselves but look at all the Forex robots sold and you get big claims and NO verified, real time track record!
A closer look at the track records, shows them to be no more than computer simulations going backwards knowing all the closing prices, well that's very easy but the challenge of Forex is trading without knowing this key data.
People will always believe the shortcut route to riches and they buy these systems and they lose. They never stop to think, that 95% of traders lose money and if it were so easy to make money as the robot vendors claim, the whole world would be trading and not bother going to work. These systems are sold for so little because they DON'T work, not because they do.
Forex trading is a learned skill and you can win, anyone can but you have to do what you do in all professions to succeed and that's to learn the basics and get confidence in what your doing.
Sure you have to make an effort but that's true in any money making venture and Forex trading is no different but the really good news is for the effort you have to make the rewards are enormous.
So learn Forex trading the right way and make an effort and you will be well rewarded.
