This Article is About
expert advisors
forex trading system
expert advisor
human weaknesses
professional trading
profitable trading
greed
point of view
three times
promises
Automatic Forex Trading Systems - Is It Possible To Make 100% A Month With Forex Expert Advisors?
Join 1000's of Authors at StreetArticles Today!

There are thousands of websites out there advertising automatic Forex trading systems that promise 100% per month returns. From a marketing point of view, that alone serves to sell lots of automatic trading systems because it appeals to one of our basic human weaknesses: greed.

That said, if you've ever tried out any of them, you will find out very quickly that most of these Forex expert advisors don't live up to their promises.

The problem isn't that commercial automatic trading systems cannot double your money in a month. It's that they take huge risks to achieve the returns. What the people selling these Forex expert advisors won't tell you is that you're just as likely to lose your deposit as achieve the promised return.

That's right, you can be sure that if you apply any of these 100% per month Forex expert advisors, you will blow out your trading account and lose your hard earned capital. You may double your money two or three times, then wake up one morning and find that you've lost it all and more in one bad trade. It's just not worth the risk.

If you're looking for safe and consistent trading profits each and every month, then the best Forex expert advisor for you is one that aims for a lower return with a lower risk. Automatic Forex trading systems that deliver a 5-10% per month return for years are far better than automatic trading systems that are here today and gone tomorrow.

So is it possible to double your money with automatic Forex trading systems? Yes, but the best Forex expert advisor for your account balance is one that does that in a year, not a month.

For an in depth guide on how to choose the best Automatic Forex Trading System to meet your financial goals, get my free report: The Truth About Forex Trading Systems Here.

Hi, my name is Thad B. and I am a Professional Trading Systems Developer. That's right, I have worked full time and been paid a full time salary to develop and manage dozens of profitable trading systems for a private hedge fund.

Forex trading systems are my passion and my area of expertise. If you're interested in Forex Trading Systems too, it doesn't matter if you're a complete beginner or a seasoned trader, you'll find a wealth of helpful resources on this site.

One of my key responsibilities as a Professional Trading Systems Developer was to keep myself on the cutting edge of Forex Trading Systems. To that end, I have read every book and applied every system that is out there – I know what works… and what doesn't.


Street Talk

No comments present
You May Also Like
Forex Expert Advisors - How Much Will A Free Forex Robot Trader Cost You?
Isn't it amazing that from just the two variables of price and time, there have been thousands of Forex trading indicators and millions of Forex expert advisors created? These days, literally anyone can develop their own Forex expert advisors from scratch, simply by using the free functionality that Metatrader 4…
By:  in  Finance  >  Currency Trading   Feb 28, 2011  
0
  Likes: 1

Automatic Forex Trading Systems - Do Metatrader 4 Expert Advisors Really Work?
If you've been on the Forex trading scene for any given amount of time, you're likely to have come across one of the many automatic Forex trading systems available on the market. The majority of the best Forex trading systems are created as Metatrader 4 expert advisors, and there are…
By:  in  Investing  >  Day Trading   Feb 21, 2011  
0
  Likes: 0

Forex Expert Advisors - The Forex Robot Trader Survival Guide
Ever since the first Forex robot trader was put up for sale on the internet, there have been a real explosion of websites promoting the latest and greatest Forex expert advisors that are guaranteed to make you a millionaire overnight. Yes, I know I'm exaggerating just a little bit more…
By:  in  Finance  >  Currency Trading   Feb 25, 2011  
0
  Likes: 0

Can we infer future Expert Advisors behavior from backtesting?
Expert advisors are programs that are designed to automatically open and close trading orders, according to a set of predetermined rules and logic. Expert advisors are heavily used in Forex marketing campaigns promising enormous quick profits with a zero risk. Expert advisors can be run with historical data to show…
By: Michael B. Moore in  Finance  >  Currency Trading   May 08, 2011  
0
  Likes: 0

Forex Automatic Trading - The Hidden Risks Of Forex Robot Traders
Take one look at the Forex automatic trading industry, and you will find hundreds upon hundreds of Forex robot traders falling over themselves to double your account overnight, give you a 90% chance of having winning trades, and dazzle you with trades in and out every couple of minutes. If…
By:  in  Finance  >  Currency Trading   Feb 24, 2011  
0
  Likes: 0

Forex Robots - Do They Rule the FX Market?
Chances are you will ask what all of the hype about currency exchange robots is in recent times. From a layperson, it should appear as if the currency exchange has turned out to be so immense and fast paced that often people in general are unable to handle it any…
By: Marcus3 in  Finance  >  Currency Trading   Aug 26, 2012  
0
  Likes: 0

How to Install The Forex Revolution Robots
Here is a quick tutorial on how to install the forex revolution robots. There is also a Forex Revolution member forum that hosts some of the worlds best traders and their optimization secrets for these EA's.
By: Anthony Horne in  Investing  >  Day Trading   Jan 25, 2011  
0
  Likes: 2

Forex Automatic Trading - Guide To Getting Rich With Forex Robots Review
With the recent explosion of the Forex automatic trading industry, there are literally thousands of Forex robot traders out there promising to make your rich in no time at all. The problem is that most people aren't clued in to the fundamental principles for operating and maintaining a Forex robot…
By:  in  Finance  >  Currency Trading   Feb 25, 2011  
0
  Likes: 0

Forex Automatic Trading - Are You Making These Forex Robot Trader Mistakes?
The road to financial freedom, success and wealth is littered with many mistakes, and Forex automatic trading is no different. Don't be fooled into thinking that you can just buy an FX trading system and plug it in to have indefinite profits, regardless of how profitable it may be. The…
By:  in  Finance  >  Currency Trading   Feb 28, 2011  
0
  Likes: 0

Forex Expert Advisers - How to Choose the Best
Trading the Forex markets makes for a dynamic proposition that can potentially offer big profits very quickly, with the risks associated as well. Those who wish to trade forex should have a firm understanding of the financial markets beforehand. Investing and making a profit off forex trading can be risky…
By: Jeanene in  Investing  >  Day Trading   Dec 12, 2011  
0
  Likes: 0

Forex Automatic Trading - Why Forex Robot Traders Beat Human Traders Every Time!
The debate about Forex automatic trading versus Forex manual trading has been raging on for many years, and for a long time, the human Forex trader was king. There has been some major shifts in the balance of power in recent years, mainly because of how accessible it is for…
By:  in  Finance  >  Currency Trading   Feb 24, 2011  
0
  Likes: 0

Forex Automatic Trading - What Every Successful Forex Robot Trader User Knows... And You Don't!
Have you ever bought a Forex robot trader and run it on Metatrader, only to find that it hemorrhaged money after a couple of weeks? Before you cry scam and return the FX trading system for a full refund, I want to let you in on a little secret that…
By:  in  Finance  >  Currency Trading   Feb 25, 2011  
0
  Likes: 1

Forex Morning Trade Review - Does It Really Work?
There are thousands upon thousands of Forex robot traders out there promising to make you a millionaire overnight, so I can understand if you're just a little bit skeptical about Forex Morning Trade and whether it really does work. You're probably reading this because you want to replace a Forex…
By:  in  Finance  >  Currency Trading   Mar 10, 2011  
0
  Likes: 0

Automatic Forex Trading Systems - The 3 Deadly Forex Mistakes That Will Destroy Your Trading Account
Automatic Forex trading systems are often trumpeted as the way for beginner and veteran traders alike to eliminate emotional decision making and mental issues from their trading. The reality is that there are still many emotional and psychological traps that can hinder any trader's Forex automatic trading operation, even with…
By:  in  Investing  >  Day Trading   Feb 22, 2011  
0
  Likes: 0

Automated Forex Trading Systems - 3 Sure Signs Of A Scam
There are millions of automated Forex trading systems out there, so how do you know if you're investing your hard earned money into a system that is going to stay profitable for the long haul and keep your trading account intact? The last thing you'll want to do is get…
By:  in  Investing  >  Day Trading   Feb 22, 2011  
1
  Likes: 0

Article Views: 1777    Report this Article