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Avoiding The Dangers of Trading With Forex Robots

Before purchasing a Forex robot you should be very well aware of the various drawbacks and not simply get excited from the promises of becoming a millionaire overnight. The opportunity of profiting with Forex robots is definitely there but one must first be aware of the dangers involved to be knowledgeable and therefore make a better decision.

Grid, Hedging, Pyramiding and Martingale

Knowledge in technical analysis does not seem to stifle the forex robot designers.

Indeed, there is more talk of hedging, matrix, pyramiding and martingale than about indicators.

Hedging is the act of opening a short position when it is a long, in order to gain when the market will head in the wrong direction. It is expected that one of the two positions will close with a win. So we ended up keeping positions for weeks hoping they become winners.

Matrices and grids are techniques that include open / close positions every 10, 20 or 50 pips. The danger is that when the market shifts a great deal, the robot must be fast enough to close or open all vulnerable positions.

For example, I knew a robot that used a grid trading system. The idea was that we defined a grid order to pass all 20 pips.

E.g. N is opened at a position of 1 lot.

At n + 20 it is closed with a gain of 20. No problem. This is compounded if 20 is not met.

If it drops below n, the position is reversed by opening a short position of 3 lots.

If the level n – 20 is not reached and it returns over n, we bought six lots.

If it drops below n or sells 12 lots, etc. each time the number of lots purchased or sold, double.

Grid System Trading – Number of Lots

We quickly reached 190 lots in all. As long as the spread is 1 pip, we already have 190 pips negative with the spread. If the spread is greater: Beware!

Presuming the robot cannot close positions in during sudden market fluctuations, we can definitely see the dangers this involves!

Pyramiding and average down accumulate position, either if we are winning or losing.

Martingales are techniques similar to those of card games that consist of doubling or even tripling your positions when you do not win. In this way you can very quickly reach important global positions.

Unfortunately vendors and robot designers will never share with you such information as their goal is to sell you their software and thus generate profit. Purchasing these kind of programs to trade on auto-pilot may sound very tempting, however one should be extremely careful in making the right choice and generate profits instead of losses.

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My Keepon – Dancing Robot Review

My Keepon Dancing Robot is extremely cute yet quite simple. Physically it is like two tennis balls, one on top of the other. This yellow type snowman has round black eyes and a black nose and is placed on a platform. There is an ultra sensitive microphone inside the nose of the My Keepon which easily picks up music or any tunes whether hummed or whistled. It even detects clapping and patting. This little robot spontaneously dances when music is played as the beats are detected by the microphone.

My Keepon Dancing robot has two modes of operation; the dance mode and the touch mode. The modes can be selected by two buttons at the bottom of the platform. In the dance mode, this toy robot can detect music and move along with the rhythm. An interesting fact about the My Keepon is that it does not repeat its moves when the same song or music is played twice. The amazing moves it makes are simply awesome.

This toy robot is designed in such a way that it longs for your attention and will respond to your touch. There are sensors hidden under the soft textured skin and when you touch it, it moves and makes expressive sounds. There are four touch spots on its body; one each in front, back and on left and right side. When you poke it in the back, it turns to face you. You can pat it, tickle it and you can even make it sneeze by scratching its nose. It displays a variety of emotions and moods such as happy, sleepy, annoyed, excited, and curious and a lot more. My Keepon Dancing Robot requires eight AA batteries to work but it also comes with an AC adapter socket but you will have to purchase the AC adapter separately.

Although it was meant for kids aged 6 years and above, because of its responses My Keepon Dancing has become a favorite toy of people of all ages as not only children but even adults love it.

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How To Boost Your Forex Profits With Currency Trading Robots

Currency trading robots are now becoming one of the indispensable applications that every Forex trader has to have. This is based on the fact that this robot can vastly improve your chances of success in this business. One of the most significant advantages that these robots are able to produce is that it allows even novice traders, who have no prior experience in foreign currency exchange market, to make gains during their first few trades.

In addition, it can also significantly enhance the success rates of earning profits for well experienced Forex traders. As well as that, it simplifies everything by automatically generating reports that are relevant to the analysis on which currency to invest.

Usually such reports can only be obtained after spending so much time on research on the past market performances and trending. But with the currency trading robots to aid you, these vital data are automatically produced within minutes; thereby saving you a lot of time and efforts. As an upshot, you become more efficient and have more time to spend on other important business matters while still earning profits from your investment in the Forex market.

Additionally, most of these products are programmed to produce Forex trading indicators that tell you what currencies to place your investments; as well as notifies you on the right time to buy and sell them. This feature is one of the essential aspects that these robots have because it influences your earning potentials in the Forex market.

However, you must also keep in mind that not all foreign currency trading robots are able to generate such awesome results; considering that there are also several brands were its analysis and recommendations are not dependable because there are more losses than gains. For this reason, it is imperative to spend more time on research for the best foreign currency trading robots in the industry to assure your success.

The excellent quality of the product that you are going to get shall dramatically determine your capacity to gain huge profits from your investment. If you choose an inferior brand, you might end up losing all the money that you invested in the foreign exchange market. Therefore, when making your selection, the most important aspect is which brand to select to assist you in trading. Remember these tips about the currency trading robots and you shall eventually earn good income from this kind of investment.

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ECN FX ROBOT uses is called scalping

ECN_FX_Robot is one in every of the most popular expert advisors for Metatrader today. This software program uses an automatic strategy to commerce the forex markets.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

Many of people, including ourselves have been struggling recently with making ECN_FX_Robot trade profitably. During summer time in northern hemisphere the Foreign exchange markets are often tough to trade, seasonal patterns will be one explanation to the poor efficiency many people is experiencing on the moment. Nevertheless, is there a approach that ECN_FX_Robot will be traded with profitability even in these occasions?

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

We decided to make an analysis of several ECN_FX_Robot accounts to see if these accounts would have been profitable if traded differently. We decided to solely have a glance at dwell accounts since they give essentially the most accurate image of precise performance. Our first conclusion from this analysis was that, with some brokers, often Market Makers with relatively excessive fastened spreads throughout Asian session, ECN_FX_Robot is unprofitable on the moment. There’s however a certain variety of brokers that can nonetheless trade FAPTurbo with success. We believe a few of those brokers are: Alpari, FXCM and FXCBS.

We additionally imagine that there may be a common consensus in the ECN_FX_Robot group that EURCHF and USDCAD is the best pairs to trade.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

Our hypothesis on this analysis is subsequently that: 1. ECN_FX_Robot can still be profitable with some brokers 2. To be profitable, buying and selling has to be strictly restricted to the opening hours of GMT 21:00 to GMT 22:59. 3. Only EURCHF and USDCAD must be traded with ECN_FX_Robot

In Foreign exchange terminology the strategy which the “ECN FX ROBOT” uses is known as “scalping”. It’s a hundred% legal, and and infrequently utilized by experienced traders to earn money by taking just a few pips revenue at a time. My scalping technique allows mainly worthwhile trades to be open for the explanation that Robot “knows” the direction of the price movements throughout the next few seconds. The question is only “how a lot” it makes. Sometimes only 1 or 2 pips. But occasionally even 10 or 20 pips in simply 1-10 as a lot as 60 seconds. So watch the trades fastidiously, because you may even not discover them! So fast is the “ECN FX ROBOT”.

You want to more information and CLICK HERE TO DOWNLOAD Ecn Fx Robot

If you want to see the Robot’s functions, variables, and other parameters, “click here for details”. You will be surprised how good and precise it is.

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Forex Trading Robots – The Shocking Truth

Forex trading robots are an automatic way of seeking profit potential from global forex markets and the logic is you simply follow the rules and have a disciplined system for profit – that’s the theory but the truth is…

Very few will make you money and the reason is they have never made any “real money” just paper profits in hindsight. You will almost always see this and it makes the track record to present worthless:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

Will a track record with this on it help you make money? I doubt it.

Don’t fall for the hype check the facts and if you see the above ask yourself why you should trust a made up track record? We would all be rich if we knew the future and tomorrows price now but that’s not life.

Today, most novice traders are looking to take short cuts or think a guru mentor or robot can give them success but the reality is ( as with any venture where there is a lot of money to be made ) you need to do your homework and get the right forex education.

There are good automated forex trading systems out there with REAL track records but you need to keep one more point in mind, if you want to enjoy currency trading success.

Keep this equation in mind:

Forex Trading method + Disciplined Application of = Forex trading Success

When you have a good trading system, you still have to apply it with discipline and keep in mind, if you don’t have the discipline to apply it, you don’t have a system – it’s as simple as that.

So if you find one with a real track record you like make sure that you know how and why it works, so you have confidence in it when it hits a losing period and don’t let anyone tell you otherwise even the best system draw down for weeks or months at a time.

Forex Robots can make money and the above information will put you on the right track in finding one.

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Is The Forex Robot Worth It

It is normal to see people telling others that something will help them gain more profit. For anyone living an ordinary life and through paycheck to paycheck, this will seem a good way to break free from their situation. But then again one should think twice and reconsider how things are going on. There are many scams around and no one could be trusted enough. To lessen the woes, finding a legitimate Forex robot is the key.

While it is good to trust professionals to look after the accounts, there are also others who may just want to fool others and take their money. As a result, there are other investors who choose to work with a Forex robot in managing their accounts.

The market is gaining so much prominence in the past years and everyone wants to invest. This is one of the profitable ways that they can put their money into. In a way, this also makes them think that they will be able to help the economy. While this is actually a good thing, not all people are capable of managing a portfolio.

It takes some knowledge to make sure that they are able to get the most out of their investments. Nonetheless, the lack of knowledge should not stop them from doing what they want. As a result, they tap the help of firms who can manage their portfolio.

There are many responsibilities that come with managing a portfolio. It is important then to make sure that these roles are fulfilled. Reviewing the market for a good twenty-four hours does not seem the best idea for small-time investors who also have their jobs to think about. In hiring a robot, they are able to do these things without going through all of the hassles.

The software is one of the ways that they can just work within the market without having to go through so much. They can just have a partner that would automate things on their behalf. With this, they are sure that they can trade even when they are asleep. The software would already detect the minute movements in the market and do the trading for them.

Sometimes, investors would be faced with a dilemma of whether to participate in the trade or not. This could be a little tricky knowing that they have other matters to attend to. Through the Forex robot they are able to participate in the market no matter what time of day and even when they are busy fulfilling other roles.

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Reasons Why You Should Be Using Forex Automated Robots

Forex automated robots are those which handle every aspect of trading for a currency trader in the forex market from initiating a trade to pulling out when it turns from your favor. The obvious implications are that first time and less experienced or more casual traders can use it to trade in their stead to still see reliable gains come from the market, so let’s take a look at the top 3 reasons for why you should be using forex automated robots.

First, you get 24 hour trading around the clock. Considering that the Forex market takes place over a number of international locations, it’s technically open 24 hours a day during the week. Obviously the key to success in the Forex market is to know the whereabouts of one currency against another that you’re invested in around the clock. Forex automated robots do just that and trade accordingly when they find profitable trading opportunities. Because of this 24-hour nature, the Forex market can be a job and a half, hence the popularity this technology.

Secondly, all trading is emotionless when running Forex automated robots. The major reason why so many traders fail in this market is a lack of discipline. They don’t know when to get in and out of trades, especially the latter, and oftentimes a trader will stay in longer than they should while trying to ride out a trend as long as possible or wanting to recover gains which they did lose in a reversal while they hope for a second reversal.

Finally, and perhaps most obviously, because every aspect of trading is totally carried out for you assuming that’s what you want, it levels out the learning curve so that first-time traders can bring in some modest gains without needing the time or experience as those who’ve done their whole lives.

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How To Use Robots To Increase Website Indexability

What is website indexability? In a nutshell, indexability means the efficiency in how Internet search engine robots, spiders, crawlers, worms, and/or ants are able to read the web pages for a website and determine their rank in the list of search results that they return to a user. One way to do this is with the addition of a robots.txt file. Add the file to the root of the website to instruct an SEO (Search Engine Optimization) robot which pages to index. This will make sure that only the most relevant pages are indexed.

Not all SEO robots will read a robots.txt file. Most malware crawlers will unfortunately ignore it as their purpose is malicious. They do not care if they are only allowed access to certain pages. The main purpose of the robots.txt file is to tell friendly SEO crawlers which pages they should ignore while indexing the site. This is helpful in the case of an infinite domain space. An example of an infinite domain namespace might be one where users upload files into an online document repository. These documents are considered to be media and not content so the webmaster should add a line to the robots.txt file to disallow access to the root URL for this document repository. The more results returned from a site with the same URL will often degrade the result ranking of a page.

Test pages are another example of parts of a website that should be passed over. Also any content not meant for visitors. This could include web pages that have been added to the site in order to calibrate the appearance of the pages but are not ready to be shared. Pages that can’t be accessed directly by a user conducting a search undermines the credibility of the results and will thus begin to degrade the page ranking.

In order to increase website indexability, the robots.txt file can also be used to provide instructions to specific SEO robots. Different algorithms are used by the search engines to index web pages. For example, one set of pages may need to be restricted for one search engine while allowing access to another. Lines can be added to the robots.txt file that gives specific instructions by including the name of certain search engines such as Google, Yahoo!, and Bing. This could actually be very important in determining the rank of your pages for specific keywords, depending on the rules and methods used by the search agent.

The purpose of a robots.txt file is to convey important information to visiting SEO robots or crawlers about how they should proceed in indexing a website. The main purpose of the file is to keep the lesser pages from being indexed to the more pertinent pages are. Another important function is to communicate instructions to specific robots on how to proceed while indexing the website. This insures that the most important pages are indexed, which will hopefully increase page rankings.

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Forex Bulletproof Robot; A couple of Expert Advisor Review Guidelines

It usually is very helpful to think about ea review websites when you’re considering buying one of these automated forex trading systems such as the Forex Bulletproof. When you’re successful in finding as well as setting up a high quality ea, you can make a ton of cash hands free.

Nevertheless, if you don’t set it up correctly, or should you pick a bad one or perhaps reach a tough point within the market, it could merely generate losses on your behalf. Of course you can avoid that to a significant extent simply by using a demonstration account until eventually you’re certain that the automatic robot is successful. Virtually all expert advisors include a 2 month money-back guarantee meaning you can test it out in demo for this time and get a refund if it doesn’t prove profitable for you.

Still, you may waste a long time in the event you did that with a single EA following another. Therefore critiques can help you pick your way through the huge choice of Expert advisors that you’ll discover from a brief search.

A genuine expert advisor review must provide you with some hint of how ideal the trading program may be for novices, how basic it can be to install, along with perhaps some tips and hints on gaining the most from it. This kind of information is usually quite valuable. In some cases, regardless if there were issues that the reviewer did not enjoy regarding the program, you might want to make the purchase anyway because those unfavorable factors would not affect you. Other times such a article may help you choose between a variety of robots that might be evaluated side-by-side.

One more factor to look for in an expert advisor review would be the buying and selling style. A handful of automated programs make use of a scalping system which will come up with several smaller trades very quickly. Some others will open a lower number of trades, but yet keep them running for a longer period. Each method is both equally profitable however, many individuals are more confident with one compared to the other.

One example is, many people will make a complaint about automated programs that won’t buy and sell often enough, as if extra trades instantly suggested more income (it does not). Nonetheless the simple truth is that in case you simply possess a modest balance as part of your account, you can’t risk a lot for each trade and you may find it quite frustrating if your robot merely creates 1 or 2 trades each week.

You may have to read between the lines somewhat to see a few of these points. Then again, you will be in a lot better spot to evaluate which is the better EA for you if you preserve these tips at heart any moment that you’re looking at an expert advisor review.

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Extreme Cash Robot – Increase Site Traffic Web – The Most Automated Advertsing System For Internet

What is Extreme Cash Robot?

ECR is an automated advertising robot that will advertise ANY affiliate link, home business, or online program for you on 100% Autopilot.

2. How much is the system?

ECR is $198 and $49 per month after launch. During prelaunch it is only $198 for a lifetime membership with no monthly fees.

3. Is there a guarantee?

Yes. We guarantee that the Extreme Cash Robot will advertise your website for you on 100% autopilot 24 hours a day.

4. Do I have to download any software to use the robot?

No. The robot works from within your backoffice automatically. You can click on ‘Activate Robot’ to enter the link you want the robot to advertise.

You can also change the link you want it to advertise anytime to re-route web traffic to any page you want!

5. How long does it take to set it up?

Less than 7 Minutes (actually more like 1 minute). Simply login to your backoffice and click on “Activate Robot” and enter the link you want the robot to promote.

6. Can I make money with this?

Yes…You can earn $100 Commission for every paid ECR Member that you refer! Simply promote your referral link located in the members area.

You can also view your leads by clicking on “Subscribers” from within the members area and also email them with the downline emailer.

7. I don’t have a home business to promote with ECR…What do I do?

You can enter your Extreme Cash Robot Affiliate link in the “Activate Robot” tab and have the robot promote ECR for you! You’ll earn $100 Commission for every paid referral!

8. When does Extreme Cash Robot Officially Launch?

UPDATE & CORRECTION: ECR Officially launches on August 4/2010. In the mean time…you can build your downlines and promote the ECR Robot to as many people as possible to earn $100 commissions in prelaunch! PLUS…make sure you upgrade your account early so that you don’t have to pay monthly fees when we officially launch!