Trading robots can bring in HUGE profits, only if its a good one. That is the secret, finding a robot that actually has proven success.

For those of you who say there are no good trading robots (also more professionally known as expert advisors) out there, check out the Automated Trading Championship

The 2008 champion just started but you can already see how well some our doing. In the 2007 championship the winner made $10,000 turn into over $130,000 in just three months. Now tell me that trading robots don’t work…..

But More than 95% of all robots are worthless. Whoever is selling it claims that they have huge success, just to get you to buy it. If you are curious to which are legit, an easy way to see is to check and see if the website your buying it from has any contact information, such as tech support or at least just an email address. But don’t base your purchase on this factor alone.

If your looking for an inexpensive start in automated trading, the link I listed below sells a package that comes with a few different trading robots. Its what I have been using for the past few months now and I have made some really good profits. sorry to brag =)

Yes they are reliable if the programmer knows what he is doing.
otherwise they are garbage.
i have written one that works wonderfully.

Some of these systems work, but most of them don’t. If you’re looking for this kind of systems, you must read reviews about them, and practice on a demo account before risking your money.
You can start by reading reviews on some of these systems at, then make sure you open a demo account to test them on your own.

I have bought a few autopilot systems and so far they do seem to give a slight edge to the results.

The one that I had the best results was Forex Raptor Software trading system. Forex Raptor made me some money on autopilot.

A good forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. Hopefully this blog can help. Remember, no system will be fool proof, so be cautios about the claims some trading systems make.

Agree with the top few answers but there is some gold out there - if you know where to look.

Many of the so-called “Auto Robots” are simply dressed up scripts which alert you to indicators when they appear. They really are terribly oversold.

If you still want one - there’s a full rundown of the best Forex Robots on this site:

Hope this helps?

in terms of trading?

system = what you’re plan is, strategy, etc.

automated = mechanical, preprogrammed

so, it probably means that you’re talking about some software designed to pick trades for you

Currency Trading, one of the biggest and most exciting markets on earth, offers you countless opportunities! If you a beginner, you have to download Complete Forex manual with detailed examples.

I would be careful about which forex systems you look into buying because there’s a lot of scams out there which you can get burnt from.

I would suggest taking a look at some reviews before you make any decisions because some of the systems you’re going to see are less than satisfactory (no matter what the site suggests).

When I was looking for a Forex system, I found which has reviewed all the top forex systems and given them HONEST and UNBIASED reviews based on actual customer comments online.

For me, reading what they had to say made parting with my cash a no-brainer.

Hope this helps?

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