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Thousands of people have been scammed into buying out dated and useless trading systems
branded by unscrupulous vendors as the greatest thing on-line.   Don't become the next
victim of these greedy operators hell bent on parting you from your hard earned money with their
unabashed, cleverly orchestrated scams.  
I'm really glad you're reading my report because this information can save your hide when it
comes to trading with forex robots. You're about to find out about an unscrupulous tactic forex
robot developers are using to pull the wool over your eyes. Chances are you've never heard of it.
It's called Curve Fitting and they use it to dupe you into thinking their forex robot is going to make
you bucket loads of cash when in actual fact it will drain your account faster than you can imagine.
The sad truth is, that thousands have been tricked (myself included) into buying useless trading
robots and the worst of it is, that the people who create these programs know that their systems
are no good, but they keep selling them anyway, because they know that people will buy them
thanks to their dishonest, cleverly disguised sales tactics, built into their fancy web (scam) pages.
If you're a forex trading enthusiast like me, or even just a beginner, I'm sure you have noticed that
there has been a surge of forex Trading Robots that have been released over the Internet in the
last few years. I'm here to tell you that the vast majority are absolute rubbish! Try them if you like,
but don't say I didn't warn you. I have tried more than 30 different systems, in an effort to find a
few that actually worked.  
So the big question is, which trading robots produce the best results, which ones should you avoid
like the plague and what can you do to make sure you don't get ripped off? I know that's a
lot to contemplate especially if you are just beginning but I am making this very simple for you.
See, I already know what makes a good forex robot. You wont have to spend countless hours
searching in vein or wasting your money on worthless junk robots if you just follow these four easy
steps.  
Here are the 4 Steps you absolutely must consider if you want to find the best forex trading robot.
1. Back Tested Without Curve Fitting
Most vendors will sell you their forex robot based on successful back testing.Back testing is
important as it shows us that the robot has the potential to profit in live trading. However, you
shouldn't rely on back test results alone as it does not guarantee successful forward trading.
Why? Because the platform used to perform back testing, the MetaTrader Strategy Tester allows
you to optimize a robot by testing it over a set period of time against thousands of variables. It's

2. relatively easy to optimize a robot for a 6 month or even a 1 year period and not have a single
losing trade.
This is what is known as to Curve Fit software and the unscrupulous vendors do it all the time. The
problem is, robots optimized in this way perform very poorly in live trading. The best forex robots
have had very little optimization using the MetaTrader Strategy Tester.
Most of those fancy back test reports vendors show you are unethical and downright dishonest
sales gimmicks trying to suck you in. There is no way their spectacular results can be replicated in
live trading. So Wise up! Don't believe what they are telling you until you have done your due
diligence. That way you can avoid another forex robot scam and find only the best forex trading
robots.  
2. Forward Live Trading
This is the absolute best proof that the robot's strategy works. Not many robot vendor's will use
live trading to support their claim that their system is the real thing. I have found only one that
does.
3. Money Management  
No matter how well a forex robot has traded in the past, we can never be certain of future results.
Hence we need to employ sound money management practices. This allows us to recover from
losing trades and is key to long term wealth building with forex Every good forex robot or trading
system will have a sound money management strategy in place and will include custom settings
so that you can control your preferred level of risk.
4. Low Draw Down
Draw down is basically the total percentage loss experienced by a Robot's strategy before it starts
winning again. No matter how good a system is they all experience losses form time to time. Any
forex robot with a draw down below 15% has a sound trading strategy and would be a potential
wise investment.  
These are the 4 most important criteria that I use to evaluate whether a certain forex trading
system is worthy of my attention and I strongly suggest you use them as well. But even then it can
still be a daunting task to hunt down and compare all the available forex robots on-line today. And
not to mention, expensive! Believe me I know.
That's why I created Forex-Robot-Reports.com in the hope of saving you some of your hard-
earned money and your even more valuable time by providing you with up-to-date comparisons of
the best forex robots available on the market.  
To read the full shocking truth, avoid being the next victim to a trading robot scam and find honest
forex robot reviews [http://forex-robot-reports.com] visit [http://forex-robot-reports.com]

3. Article Source:
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Forex trading can be simplified, please check out this Forex Website
http://tiny.cc/forexwebsite
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