Disclaimer

Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

Do Forex Robots Make You Stupid?

One of the most prominent trends in the Forex market over the past few years has been the creation of dozens, if not hundreds, of Forex trading robots, automatic software programs that trade the market on your behalf. These have become so common that there are no even competitions which rank new robots (such as [...]

Forex Scams and Why Am I Not Concerned About Them

Every so often you hear about traders getting cheated out of their hard earned money by buying some useless Forex scam product that promises the world and delivers very little. As I also run the Forex review site: Truth About Forex, I’ve seen my share of Forex scams and I’ve heard some horror stories.

However, I [...]

5 Qualities of Good Forex Robot

In a post I published yesterday, I talked about the HiRider Forex robot which won second place at the recent Forex World Cup and made the case that it might very well be the best robot to come out of the competition, even though it won only second place (by achieving a return of 88.11%).

I [...]

The Forex Robot World Cup

Ever since December 2009 an exciting competition has been taking place: The Forex Robot World Cup.

The purpose of the FWRC is simple: to discover the best non-commercial Forex trading robot in the world. Only robots which are not sold anywhere else could take part in the contest. The way to judge the winner is through [...]