I get this question a lot, do forex trading robots really work or is it a scam? Well, let me give you the scoop and my personal experience. First off forex robots are designed on a set of rules and parameters and when conditions are met a trade is taken.
When the system is designed it usually comes with a manual, pdf file or video tutorials that walk you through the setup process. Most automated forex robots are then back tested over a period of time and if proven successful is considered a quality trading system.
Here's where people run into trouble, you have to keep in mind these programs are designed on a set of rules, just that, they are not ment to be broke ore tampered with. I see far too many people using a forex robot and right away they begin changing the settings. When you change the settings and deviate from what the system was created and designed to do is when you run into problems.
My point here being is that I've been using automated forex robots for over 4 years now and they work when you use them the way they are suppose to be used, and by that I mean following their setup guide and do not changing the original settings. If a system was back tested and yielded profitable results, why would you want to mess with it?
If you want to see some good information and reviews on top forex robots, I suggest you visit this site: The Top Forex Robots
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