Posted by susanalo | Sunday, May 17, 2009 |

You might have heard a lot about auto forex system trading, both good and bad concerning it. Let me say you don't know much about it or you are looking for a profitable one.

What is Auto Forex System Trading?
Auto forex system trading is a method of using software to trade the forex market automatically. They can be also referred as robot-driven forex trading. If you choose this system of forex trading, a robot or software would be employed to perform your trade automatically for you without any assistance from you. All you have to do is to set the robot so it could trade for you automatically. You can set the time you want it to trade for you. The software is capable of working round the clock for you, that is it could trade 24 hours 7 days in a week for you without any stoppage. You should also know that for the robot to trade round the clock for you, your PC must be on and your internet connection must also be connected, otherwise linked to the robot. This simply means that the robot won't perform any trade for you when your PC goes off or your network link fails. Nevertheless, there is still an alternative for you to use when your PC and/ your internet connection fails. This method involves you hosting the robot in second party server, that means that the robot will trade for you even if your PC is off and your internet connection disconnects. It is possible to see FX hosting that offer this kind of service which are reliable.

How Does Auto Forex System Trading Work?
Auto forex system trading works with the aid of mathematical algorithms and human intelligence attached to it. When you buy an automatic trading robot, you are provided with a manual (it can come in form of video manual or manual created using acrobat reader, that is pdf) This manual contains the complete working step-by-step guide which will enable you to know how to install and use the robot to its maximum potential. The installation of an automated trading robot doesn't look complicated. Once you download it, you will feed it to Meta Trader 4 platform. It comes with default setting but you can also alter its setting to suit your taste. It places trade and closes trade automatically for you. If at anytime you don't want it to trade for you, you can switch off. Within the space of 20 minutes, you can finalize the setting of the robot. Auto FX robot is able to read FX trends and react to market conditions. It uses its algorithm to read FX charts and determine whether a trade will be profitable or not. It also exits a placed trade when there is a possibility of loss. Most are created by FX professional traders with knowledge of programming.

Are Auto Forex System Trading consistent, profitable and reliable?
The truth is that 1 out of 10 forex trading robots are profitable. The profitable robots are hard to come by. It is created by FX professional traders and kept for themselves. The good ones usually have a winning rate of 95% and a drawdown of 0.35%. It doesn't mean that they don't make losses but there losses are minimized. There fain surpasses their losses.

How to Find Profitable Auto Forex System Trading?
The best way to find them is through the recommendation of forex traders that use them, that way you would be rest assured that they are making money using it. It is sometimes good to take the risk because you could succeed taking the risk. I am an FX trader and I will recommend to you a trading robot I use that is very profitable. It works well for me and I make fewer losses using them. The name of this system is called Fap Turbo. I urge you to give it a try today, it might just be the kind of auto robot you need