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Beware of Forex Robot Scams!
Forex trading and investing has exploded, with over $3.5 trillion being traded every day. One of the latest crazes to hit the Forex Market lately are these so called Forex Robots, or Automated Trading Systems. Basically, you buy a Forex robot, install it, turn it on, and it makes you money without you having to know anything about Forex trading at all. You can “double your account in 30 days” even while you sleep. No education. No work. You don’t even need to know what Forex IS, much less how to trade it. Just buy an automated trading system that will trade for you and make thousands of dollars every month. A dream come true?
Only if you don’t lose your shirt buying a Forex robot scam!
Forex Robots Secrets and Dirty Tricks
Why is it that Forex Robots websites show such incredible results? Why doesn’t a Forex Robot perform for you like the website says? Well, most Forex Robots and automated trading systems use all kinds of secrets and dirty tricks in order to obtain the results that you see on their website. Personally, I think what these Forex robot scams do in order to convince you to buy should be ILLEGAL. Want to know more about Forex robot scams? Download our free report:
FREE REPORT – Forex Robots Secrets and Dirty Tricks! (Click Here)
FACT: Most Sites Sell Forex Robots Without Ever TESTING Them
When you get an email or visit a site promoting a Forex Robot or Automated Trading System, ask them if they have their own Forex Robot Testing results. We’d bet you a dollar they are using a cookie cutter promo the robot developers sent them, using the developer’s results, and have never even bought or tested the robot they are trying to promote.
Here at Forex Robot Busters, we are tired of watching people get suckered by Forex robots scams and automated trading systems that don’t work. So we are getting these Forex robots for our OWN live forward test results. Every statement you see on our site is a live, real time update of the Forex trading broker demo accounts we are using to test the Forex robots. Each statement for robots under test are automatically updated directly by the broker account software.
The TRUTH About Forex Robots and Automated Trading Systems
The truth is, 95% of retail traders lose money in the Forex market. They get frustrated, try Forex Robot after Forex Robot, and still lose money. The market is full of automated trading systems and “unbeatable” Forex robots that will trade for you, making you thousands overnight while you sleep. Or so they say…
Most Forex robots and automated trading systems don’t work. If they did, top banks and financial institutions certainly would be using them and not have fallen to financial woes. Beyond that, just so we can say this with authority, Forex Robot Busters is dedicated to putting the Forex robots and automated trading systems to the test. We are independently doing Forex Robot Testing every month, and are posting the actual results we obtain. Forex Robots make a LOT of money… for the guys selling them, not for the people buying them. Sure, some people make money with it. A blind horse is bound to find water ONCE in a WHILE, right?
But IF we find a Forex Robot that won’t wipe out your trading account, we will let you know.
Good Trading, and be smart out there!
The Forex Robot Busters Team
Latest Forex Posts
Forex Accumulator Forex Robot continues its winning streak. Four more trades today, with no losses. Remember, Forex Accumulator won’t be released until August 5th, 2009. We managed to get an advanced copy from the Forex Accumulator developers in order to test it ourselves. So far, so good.
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IvyBot Forex Robot has started off well. It placed a winning trade for $178.87 profit. Unfortunately, it closed out the trade at a smaller profit than it could have had. At one point, this trade was up over $400, and after the trade closed out, the pair shot up another 65 pips, which would have been an additional $650. But any profit is good, right? We’ll see how it goes over the next 3 or 4 weeks.
FAP Turbo Evolution Forex Robot has placed several trades over the past few days. It is currently profitable, but I haven’t been seeing the kind of returns the developers and beta testers claim. Is FAP Turbo Evolution another Forex robot scam?
Forex Monster Forex Robot just took a $2,400 LOSS. Based on an account balance of about $8k, that means it was about 30%! This is absolutely uncalled for. So, here are the stats:
Lerosa Pro FX Forex Robot took a loss yesterday, which is unfortunate. But even so, it is still up over 16% for the month. I’m going to continue to test the Lerosa Pro FX Forex robot, but for now, I consider this robot confirmed as profitable.