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Monday, March 9, 2009

“Discover The Top 3 Automated Forex Trading Robots That Are Making Consistent Profits For Their Forex Traders 24/7 On Autopilot!”

Forex Trading Robots Review – Comparison Of Automated Forex Trading Robots/Expert Advisors

I am Mike. You may not know me but I have been trading forex since Jul 2007 (failed miserably) but traded successfully from Feb 2008. It was a rocky path initially as a rookie trying to make profitable trades. Even after trying different trading strategies, I realized that I was not making money. Fast forward, I was fortunate enough to get to know friends who quit their jobs and are making a solid living trading forex everyday. Some make $100s a day, others more than $2500 every day on average.

There is no real secret behind their success. I mean, they are not smarter than me. They are just some ordinary folks really who decided to make use of forex trading robots or expert advisors to make profitable trades. I wish I knew that earlier!

Fast forward to today, I have used and tested dozens of forex trading robots/expert advisors. Not all forex trading robots are the same and differ in its profitability, features, userability, etc.

The single most important element, its profitability really boils down to the trading strategy behind its trades. In other words, a forex trading software created by an established and successful forex trader has been proven to be profitable from time to time.

Following my selection criteria listed below, I have tested and reviewed at least 14 forex trading robots/expert advisors.

1. Complete Automation – Software runs on autopilot

2. Profitability Records – Proven to give good returns

3. Successful Backtesting Results

4. Forward Live Trading Results

5. Safeguard Features – For better money management

6. Drawdown Below 15% – Sound strategy with low risk

7. Money Back Guarantee – Zero risk to users

Among all the expert advisors I have experienced, 3 made it to the top as arguably the best forex trading robots created thus far. Read about them and how they compare below.

No.1 – FAP Turbo


FAP Turbo deserves to be rated the No.1 automated forex trading robot. This is the only software product that shows you their live trading report which is updated every 15 minutes. Go and have a look at you will understand what I mean. No other software vendor has been daring enough to do this which further instills user confidence.

This automated expert advisor has been setting new records worldwide with more than 18,000 traders currently in its clientele.

Backtestings Results From 1999 – 2008

9645 Total Trades
95.9% Winning Trades (9250 Profitable Trades)
5000% Net Profit
0.35% Drawdown

There are 2 trading strategies built into FAP Turbo:

1. Short Term Scalping Strategy

2. Long Term Trading Strategy

Each strategy is designed for its own currency pairs and timeframe. For instance, long term strategy works only for EUR/USD M1. Short term strategy works on the M15 timeframe for EUR/GBP, EUR/CHF, USD/CAD and GBP/CHF currency pairs.

These 2 strategies can be switched on and off so make sure that you use the strategy on appropriate currency pairs and timeframes. These details are readily available and clearly explained in the guide and video tutorials of the FAP Turbo package. So be sure to read them.

Both the short and long term strategies of FAP Turbo are tested and found to be more profitable than average expert advisors. In fact, we realized that the profits from the long term trading strategy work out to be more than what other competitor software can achieve. In fact, I used this on a real $3000 account and it profited $2617 within 21 days. The pre-determined fixed stop loss and take profit filters are also better in terms of maximizing profits while limiting losses.

Find out more about FAP Turbo

No.2 – Forex Autopilot

Forex Autopilot aka FAP is an expert advisor which is capable of trading the forex market 24/7. Created by Markus Leary and his team of expert forex traders, this forex trading software is built based on their remarkably successful trading strategies, mathematical algorithms and sophisticated programming.

Similar to most expert advisors, it taps on the technical indicators functionality of the MetaTrader4 platform. Whether it is moving averages, strength or resistance indexes, the 20 over indicators (including Alligator, Fractals, DeMarker) used by Forex Autopilot FAP surpass most popular indicators like MovingAverage (MA), Stohastic, Average Directional Movement Index (ADX). If you wish, you can even configure it based on the Ultra-Trend indicators.

You will realize that similar to FAP Turbo, it is built for maximum profitability with the EUR/USD M1 currency pair-timeframe. That said, FAP can be used on any currency pair for stirring results.

In terms of backtesting results from 1999 – 2008, it is on par with FAP Turbo with a 96% winning record.

In fact, FAP Turbo was developed from the Forex Autopilot engine with new features to ensure greater profitability and better safeguards for stop loss which explains why Forex Autopilot is in the No.2 place.

If you purchase the Forex Autopilot today, you are entitled to a 75% discount off $399.50 (original retail price). That means it is $99.50 for now.

Click here to go to the Forex Autopilot discount page.

No.3 – Forex Boomerang


While Forex Boomerang is quite new, I am quite impressed with what it has to offer.

First, let’s look at some of the features:

1. Fast Set-up – The entire setup took no longer than 10 minutes.
2. Complete Automation – It really takes the hassle off your monitoring. You do not need to watch your trades at all.
3. Free Demo Accounts – You can test drive the system until you are fully comfortable with trading live.
4. MetaTrader 4 Compatibility – Forex Boomerang works on the MetaTrader 4 platform.
5. Win/Loss Ratio at 85%

However, since it is still relatively new and its system is not as robust as that of both FAP Turbo and Forex Autopilot, it is ranked No.3.

The software comes complete with a 60 day money-back guarantee and free upgrades for 2 years. There is a time-limited discount of 70% at the moment, so instead of $249.97, you can download it for $97 today. Download Forex Boomerang today.

Conclusion:

While FAP Turbo is priced higher (currently at $149 before the next price increase) than both Forex Autopilot and Forex Boomerang, trades using FAP Turbo have been more profitable for me, my friends and other users. It is also more sophisticated in terms of features with a higher protection against losses (a feature which is often weak in many expert advisors) and advanced algorithm for greater profitability. With a 60 day 100% money-back guarantee, there is nothing to lose.

Watch this video to hear what others are saying about FAP Turbo

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Friday, December 5, 2008

What are the Benefits of a FOREX Brotherhood Review?

The FOREX brotherhood review was created by Jason Jankovsky, an expert in FOREX trading, and who has authored “Trading Rules that Work: The 28 essential lessons every trader must master” and “The Art of The Trade”. Both books were published by Wiley & Sons, which were released October 2006 and October 2008, respectively.

It is essentially an FX training course. Jankovsky focuses mostly on the psychological aspect of trading to be used and considered the main component in order to attain a flourishing tactic in trading. He also teaches trading psychology on a six-week module, which is given quarterly to traders all over the world.

When you purchase The Brotherhood Review, you will also get:

1) Two broadcast slots daily, which will cover movement in the currency markets for that day. This will make members know how Jankovsky maneuvers around using these tactics and will allow you to understand thoroughly the ins and outs.

2) Software created and designed by the people who brought you signaling and algorithms for programs like the FOREX Funnel, FOREX Tracer, and several of the other trading systems that are automated.

3) A pair of daily reports given by Jason Jankovsky himself, so you can be assured of a very detailed type of reporting and also a documentation of how much he has made for the day and why he deemed it best to trade on a specific day.

4) A chance to socialize with other members and the host. Get a chance to get to know Jason Jankovsky one on one while keeping yourself updated via the question and answer sessions.

5) An e-book on the “Top Ten Mistakes FOREX Traders Make.”

6) A video on the borderings of technical analysis, inside information, and knowing the order flow and the pressures of liquidation.

A top listed product, the Foreign Exchange Brotherhood is considered one of the best FX programs on training that is also one of the most conveniently dynamic courses in the trade market these days. It is made up of all the training techniques and methods, excluding the seminars that they are actually in awareness of. They firmly believe that the best aspects of this type of education are the broadcasts given on a daily basis whenever the expert trader gives the important details in each of his moves. So make sure to check out The FOREX Brotherhood Review to find out more.

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Choosing the Best Forex Trading Course

The foreign exchange market is the largest among the existing financial markets today. This market is so widely profitable that a lot of people want to take part in its success. Almost everyone wants to learn the secrets of the trade. Nowadays, the learning part is not that difficult since there are various ways one can do to know more about Forex markets. One is to simply choose the best Forex trading course for you.

Learning through these study programs can be very helpful. It will teach you all about trading rules and systems, market psychology, strategies, and a lot of others. But, just like any tool, the program’s effectivity depends on who makes use of it. In other words, all the knowledge you can get about the business and the world economy will not be of much use if you do not have the conviction of a profitable trader. What matters most is not the information you acquire. Rather, it is developing the discipline and psychological outlook that will drive you into becoming a successful currency trader.

Developing this discipline is self-taught. You can take classes but still not consistently make a profit in trading. Clearly, if this is the case, those classes are not worth your money. There might be others, however, who attend the same classes and really do become successful. The difference is in the mindset. If you have the correct mindset, then the programs will be very beneficial.

Having said that merely acquiring knowledge is not sufficient, there is more to trading courses that proves to be very useful. An example is the continuous support that some programs offer. In Rob Booker’s training, a one-time payment will not just get you the training you enrolled for, it will also give you a lifetime support system and access to the member’s area. Other programs, such as Peter Bain’s Forex Mentor course, will get you the same privileges for a regular monthly fee.

In some cases, traders credit their success to getting crash courses from books such as Mark Douglass’ “Trading in the Zone”. If you have not yet read or even heard of this book, it would do you well to get a copy. It will run you through psychological factors important for trading success. It would even allow you to improve your trading experience through step-by-step exercises.

To sum it up, if you build up the discipline and think like a successful trader, complement it with the best Forex trading course, and you will be successful in Forex trading. There are many available tools and working strategies that you can use to your advantage. In time, you will be able to create your own working system.

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Make Money With Forex Trading

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