Sep 30 2010

Forex Exchange Market

Posted by admin in FOREX TRADING

forex exchange market
Do Forex trading bots really work?

I have been looking into the Foreign Exchange Market & saw there were a lot of different types of softwares called “Forex bots”. I wanted to know if they really work, or are they just a scam? I don’t want links to the answer, I just want it in your own words, or experiences on how the forex bot works.

Your instinct is correct. Forex Robots are scams, despite your other answer to the contrary. Results are random noise, which will lose you money after spreads and commissions.

A reliable forex robot would be worth millions. Its owner would be using it to trade like crazy instead of trying to scam you out of small amounts.

Several spam on yahoo answers regularly. If that is all the advertising they can afford, does that sound legit? Of course not.

I bet this is your only answer that doesn’t try to sell you something or get you to click somewhere.

79. Forex – Over the Counter Vs. Exchange Traded Markets


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