Forex Robots V. Human Forex Traders
There has been a plethora of Forex Robots being marketed as a fast way to make money online recently.
Unfortunately many have lost their shirts by investing in these robots – not just the purchase costs but the money lost using these forex robots has been astronomical.
I am not saying that Forex Robots are bad – they are just a tool. Just as a chain saw isn’t bad – also just a tool. Both these tools can be very dangerous in the wrong hands.
Telling people they can make hundreds of thousands of dollars, just by funding a brokers account and switching on a Forex Robot to trade for them is tantamount to giving a chainsaw to a two year old to play with.
The most annoying part is that these snake oil salesmen have given Forex daily trading such a bad name. They push these programs with such vigour because they are not just making money when they sell you their Forex robot. They are making a hefty commission from the brokers they refer you to. Usually a percentage of every dollar you invest with the broker for the lifetime of your account. So you see they don’t really care whether you lose or win, they make their money either way.
The issue here is that there is a lot of money to be made with Forex daily trading but only if you are very well educated in Forex trading. There are brokers who state that they will supply you with training if you set up an account with them. However that training only covers how you can use there trading platforms. They don’t teach you how to be a skilfull Forex trader.
Before you can fulfill your dreams of living the easy lifestyle sipping pina coladas on some tropical island and making millions from daily Forex trading via a laptop, you need to attain a high skill level. Sorry if I just burst your bubble but there are no shortcuts. If it was common knowledge on how to trade Forex everyone would be doing it. To state that you don’t have to have any experience to make huge amounts of cash just by using a Forex Robot is a blatant LIE!
On the other hand a human Forex trader who has done the hard yards and learned the skills of his/her trade really can make a huge amount of money out of Forex trading [they usually don’t tell anyone what they are earning] online.
Actually I think Forex trading is the best way to make money online. You don’t have to promote anything, deal with customers, ship anything, deal with inventory or have a lot of capital to start.
You do however have to learn the skills of Forex trading like anything else there is no free lunch.
So if you accept that you need to learn before you can earn, I can confidently say you won’t find a better place to get a thorough education on how to trade forex
Than right here at the FOREX COURSE
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