You must have watched a TV ad, received spam e-mail, or some information via another medium about trading for 15 minutes a day in the forex market right? to be serious we all know that’s a bit far fetched. Currency trading is a 24-hour operation, and in reality one can not be awake 24 hours a day trading. All the successful traders are professionals who work very hard 10-12 hours per day monitoring the market to earn an income . Spending only fifteen minutes a day to take part in trading currencies is not possible, because you would just have enough time to turn on the computer and start the proccess of launching your trading platform, never mind Make Money Online with any success in this market.

Lots of traders maintain full-time work or don’t desire to commit to full time trading and so , the idea of trading the currency market 15 minutes a day is quite appealing . An example is this, picture the forex market as full of expert streetball players, if all you did was practice for 15 minutes a day and after coming on court, you should expect to be taken out by these professionals in no time. Then why do you always find the newcomer traders who think that they will conquer the forex market overnight? the answer is quite simple every so often you get a new top forex trader bragging about some streamlined foreign exchange trading system they have. They always claim that their system is a must know strategy that will create regular profits in the fastest time possible.

Before you purchase any books, software, or trading systems, please ask yourself a basic question,”is this person an expert in forex trading or just trying to Make Money on Internet from the sales of these products ?”. Most professionals are too busy earning a hugh amount of money currency trading themselves and have precious little time to waste writing ” how to beat the forex market manuals”, the expert dealer commit 100% of their time doing trades, and is not in their best interest to loose concentration by writing books. So what do you do to confirm whether or not this forex trader is honest ?, you must ask yourself this one question,”how long will it take for me to become an expert trader, if this person was my mentor for the entire period of trading?” if the answer is a couple of months, it would then be recommended to ask your money back and walk away.

All medical students must do two years residency prior to them becoming a doctor, almost all professional traders require 12 to 18 months of apprenticeship before they are liscenced to work alone. Trading is a profession , and should require the equivalent length of mentoring ,luckily you can find a means to Making Money with forex trading for 15 minutes a day however you would have to use a managed forex trading software service. Look out for any reputable and reliable businesses that are willing to rent their trading software, most will not sell this software because it is their intellectual property . Watch out for companies and individuals who are selling forex expert advisors between $ 300 and $ 1200, these are obvious scams because if you owned one that was making you $ 2000 per month, then why would you want to sell it for only 300 dollars ? .Don’t trust any forum postings or testimonials, watch out for long-term trading results between six to nine months and not from any software claiming to make you profits in only a couple of weeks.

Discover the top ranked Forex Robot World Cup Robots. The cash prize for the top robot developer was $100,000. Get these Forex Scalping Cheatsheets FREE. Read the story of Richard Samuels, a post office mailman with a head injury and how he made a fortune with these Forex Signals. Below are the top five EA’s in the Forex Robot World Cup. These are live results that are updated every 15 minutes so they may have changed by the time you get there:

LMD-Multicurrency – 156.91%
HiRIDER – 83.20%
SuperVolcano – 29.56%
VREM2 – 26.03%
Nutcracker – 14.78%

If you consider that these robots started trading on the 1st of December, I think that’s pretty impressive. I know a lot of people are following this competition very closely, but live trading stops on Friday. If you’re into automated trading, then you’re going to find this site very interesting. Personally, I like HiRIDER, I like the look of its smooth equity curve. Anyway, I thought I would remind you that the live trading stops on Friday, and now is the time to check it out. After Friday I’m not sure what happens to the live results, but if you are interested, check them out now:

If you follow the Forex market then you probably know about the Forex Robot World Cup (FRWC) competition. It’s the one that most people are talking about right now, and with good reason. It’s the most transparent, credible and exciting thing to hit the Forex market since… FOREVER.

The top performing EAs will be available for purchase soon… and let us tell you, there is more proof for the FRWC EAs than anything else we have ever seen. This competition is so transparent that the transparency (live trading, updated every 15 minutes for almost 2 months now!) has become THE strongest reason for people to go to their website and stand in line to purchase the winning EAs once available. Not only can they now see the EAs trading live, they can have a look at all of the trades that any EA has made since the start of the live testing stage…The Forex Robot World Cup competition ends tomorrow, so… the robots will be available for purchase VERY soon. After ONLY 1 month and 27 days:

#1 Robot: 194.24% net profit
#2 Robot: 87.96% net profit
#3 Robot: 35.01% net profits

…real money, live accounts… updated every 15 minutes (have been since the beginning of the competition)… you can see them on the Forex Robot World Cup website. It just doesn’t get better than this! Imagine being able to own the best robots in the world NOT because a marketer tells you they are the best of the best… BUT because a transparent and objective competition established it.

Now… as you might recall, over 300 INDEPENDENT robot developers from all over the world joined the competition, HOWEVER… only 24 robots were selected to be part of the 2 month, real money, live trading phase. Yes, the qualification rules were tough… and yes, that is what YOU should demand when it comes to finding a reliable, stable and profitable forex robot.

No place for 2nd best with these guys… they have done a spectacular job when it comes to tough qualification rules and uncensored transparency. You can review all the participating robots on the Forex Robot World Cup website. By the way, FXCM and Boston Technologies are the official sponsors of the Forex Robot World Cup…when was the last time you saw companies like that lend their name to a Forex product?

Soon, you will be able to purchase the winning robots. Soon, for the first time, you will be able to automatically trade forex the way it SHOULD be traded. No more marketing hype… no more B.S. back-tests… no more Photoshop’ed account statements. This is a new beginning for many FX traders out there and truly a new standard in the FX industry.

When you traded inside Foreign exchange marketplace just before or if you are however buying and selling immediately, you might have heard the term Forex trading company loads of instances. Nevertheless, just as one person trader, you may possibly want to understand what exactly is a FX broking service and what they do.

FX broker companies are people or organizations that aid unique merchants and firms when there’re investing within the FX economy. These people can actually offer you that added edge you would like to be able to be profitable within the Forex trading marketplace. Even though they is going to be investing your funded consideration, all of the options are even now yours to generate if you’d like to.

Foreign exchange broker agents are there to aid you together with your dealing wants testing exchange for any tiny fee from what you gain. Listed below are a few of the providers that a FX broking service can offer you:

A Currency trading company can provide you with counsel about on genuine time quotes.
A Foreign exchange broking service also can grant you tips on what to purchase or market by basing it on news feeds.
A FX company can buy and sell your funded consideration basing solely on his or her determination if you would like them to.
A Foreign exchange broking service may present you by working with software program information to assist you together with your buying and selling options.

Searching for a great Forex trading dealer can show for being an exceptionally tedious process. Because you can find plenty of promotion within the net concerning Currency trading broker agents, Forex trading merchants obtain confused on which FX agent they have to rent. By working with the many Foreign exchange broker agents around that gives excellent Currency trading investing earnings and quotations, you’ll locate it difficult to select an excellent and recommended Forex trading broking service.

With a bit of analysis, you’ll be able to come across the best FX broking service who could be trusted. In the event you lack referrals for Currency trading companies, it is possible to try out and do somewhat study of your. The initial idea you ought to come across out related to a unique Forex trading broking service using the level of purchasers they function. The a lot more people they function the a lot more possibilities that these companies are trusted. You need to also know the volume of trades these broker companies are conducting.

Understanding the broker?s expertise from the Foreign exchange economy can also be a terrific strategy to find out if he or she is the suitable agent to use. Skilled Foreign exchange companies will boost your odds of earning cash from the Currency trading marketplace.

When you have queries or complaints, you ought to contact or e-mail the organization and request queries relating to their dealing procedure. You have to certainly not be uncomfortable carrying out this. Besides, they is going to be the a single who will deal with your dollars. And, it’s your appropriate to be familiar with about what they’re carrying out using your income.

When picking out a Forex trading broking service, you must also take into account their particular buying and selling alternatives. You have to also recognise that FX stockbrokers are distinct from what they will give you. They differ here in platforms, spreads, or leverage. You will have to be aware of which with the investing possibilities is incredibly crucial to your account so that they can be comfy if you operate within the Forex trading economy.

Most on the internet Currency trading broker companies offer you possible people which has a demo consideration. This can permit you to definitely try out out their particular investing podium not having in fact risking funds. You need to search for a demo stand that operates basically like the authentic factor and also you must also figure out when you are at ease when using the buying and selling podium.

Glimpse to the includes you need inside a buying and selling program testing get for you personally to know very well what to assume in case you buy and sell by working with them. When you are secure using a investing system, you ought to think about investing together with them, and if you’re not, scratch them off your list. That is a fantastic approach to check their investing program and not possibility your cash.

If a Currency trading agent just isn’t willing to reveal economic details about their particular business, you shouldn?t deal with them for the reason that there’re reluctant to reveal organization facts. They must solution your requests on the topic of on exactly how they cope with their particular client?s funds and just how they industry that funds.

Usually keep in mind that in case you see an offer you that?s also excellent to get genuine by Currency exchange merchants, it almost certainly is also great to get genuine. The Fx marketplace is an extremely risky spot to operate and Fx broker companies should inform you that you can find selected risks included when buying and selling within the Fx industry. Steer clear of hiring a Fx company who says that stock trading in Currency trading is quick and an incredibly fine income creating market with incredibly low risks.

These are the points it is best to contemplate if you seek out a Forex dealer. Should you uncover that appropriate broking service, you may be certain that you simply can really acquire money.

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Check out helpful tips in the sphere of managed forex trading – please go through the site. The time has come when proper info is really at your fingertips, use this chance.

Get these Forex Correlation and Forex Scalping Cheatsheets FREE. Register FREE just now for the 2010 Big Event Forex Summit and learn a new forex trading strategy from Forex Joe Atkins that can help you join the 1000 Pip Club! Kris Matthews: I hope the holidays have been refreshing and you’ve been on track to starting off your trading and investments this year with strong momentum. I’ve been getting a lot of requests from people who want to plan this year right for their trading to talk more about the strategies and secrets of forex trading–especially those I’ve learned from the bank and hedge fund traders who consistently pull money in from the market. I tried to think of what I could do to share some valuable tips and strategies with you so you can make sure you take the right approach to the markets and avoid certain things that may slowly or suddenly hurt you. I’ve decided that I would be holding back from you if I didn’t share with you this exclusive, uncut audio interview that I did recently! Click below:

If you’re getting mixed or negative results, trying to evaluate whether a system will work or not, or simply want to know what kind of things are lurking around the corner that you have to watch out for when trading, then you NEED to listen to this audio. In the interview I also get asked about what kind of mindset shifts that you need to adopt as a trader (very powerful stuff). All the best in your trading, at the end of the interview I announce a special free bonus that you’ll want to download RIGHT AWAY (especially when you find out who it involves!), so make sure to listen to the interview all the way through.

I’ve been listening a lot to what the Gestalt Shift community has been saying and I wanted to address something: Do you have trouble pulling the trigger, because even when you do all of your analysis, frankly, you’re not sure if the market is going to go in your direction? And you’re tired of getting stopped out and losing to the market? This is a common problem that traders face, and it’s not all because of the strategy. Hint: it’s about judging volatility, and having objectively defined scenarios that take the guesswork out of when to exit once you’re in a trade.

If you’d like to learn some steps to significantly reduce these problems, I recommend that you view a recording from a recent webinar I did, entitled “Pulling the Trigger and Stop Getting Stopped Out of Forex Trades”

Special announcement: Today I’m re-releasing “FX Macro Trader” at a 50% discount of $497. If you’re looking for a trading style that allows you to reap cash from the market like a professional and not have your eyes glued to the screen all day then this is for you. If you are sick of failed tries to navigate the ups and downs of the market you need to learn the strategies taught in this course, which are used for adapting to all types of market environments. Many people have complained about the normal $1,000 price tag on this product so I’m making this offer only for the next 7 days realizing that things may be tough for people in the recession that we’re supposedly “coming out of.” All the best in your trading!

The course includes special tips and strategies from other professional traders from hedge funds, investment banks, and more, including such names as Jimmy Young, Tom Yeomans, and Gary Norden.

Register FREE for the 2010 Big Event Forex Summit and learn a new forex trading strategy that can help you join the 1000 Pip Club. Discover the top 10 Forex Robot World Cup Robots-#1 ranked robot is already 156.96% up in profit in just 11 days. Learn Fibonacci Retracement and know this powerful Fibonacci Strike Method. Mark McRae: You know, I am fortunate enough to live next to one of the most beautiful shorelines in the world. In fact, the beach nearest to me is what they call a “blue flag” beach. Basically, that means the beach meets certain criteria and is only awarded to certain beaches…it’s a nice beach. The funny thing is, I very seldom walked on the beach…

However, yesterday I was on one of my rare walks along the beach. It’s surprising how a simple walk can clear your mind. What I was trying to do was focus on how I can make the Surefire Trading Challenge even better, more exciting and fun to take part in. $62,100 has now being given to traders who took part in Surefire Trading Challenge. They didn’t have to pay anything to enter, or even buy anything. All they did was take part, it’s as simple as that.

Anyway, back to my walk on the beach. After about an hour of walking I realized the people who take part in the competition probably had some ideas I had never thought of. It made sense to chat with them to hear what they had to say, so that’s exactly what I did. I had a nice chat with some of my members and competitors and did a little survey. The result is, this competition is going to be even more incredible than any other one we have had. You don’t have to do anything at this stage, just be aware that the next competition starts on the 1st of February. All you have to do is register so we can keep in touch with you. Want to know what you get?

Real Accounts

1st Place – $5,000
2nd Place – $3,000
3rd Place – $1,000

Demo Accounts

1st Place – $1,000
2nd Place – $600
3rd Place – $300

This trading challenge is addictive. We’ve had people who have entered every single competition, and some have been finalists three or four times. I am lucky enough to have met friends from all over the world. I learn something new every time we have a challenge. Just remember, this whole thing is great fun. We passed the one-year mark in December and this is our eight competition. I really hope you join me: Here’s a quick summary of the rules. You can submit your statement from either a demo or a live account. You can trade any platform with any a broker. You can even trade any market. It’s the fairest competition in the world. If you would like to see some of the previous contestants, you can see their profiles here:

Get these Forex Scalping Cheatsheets FREE. Discover the top ranked robots in the Forex Robot World Cup-the formula 1 racing for trading robots. The #1 ranked robot is already 156.96% up in profits in just 11 days. Attend the 2010 Big Event Forex Summit. 10 Forex Superstars to reveal their secrets…want to trade along with 10 Forex Superstars?… or mix and match, or come up with one that will resonate with your traders. You will want to attend one (or both!) of TWO very special webinars that are scheduled for next Monday at 12 noon EST and 9:00pm EST…You see, “Forex Joe” Atkins of OU Forex Trader is about to reveal how you can trade for THREE FULL DAYS with ten of the top Forex Trading Super-Talents on the planet.

You’ll discover how these Trading Superstars find killer trades, and how they strategize their entries, holding periods and exits. Do you think you can pick up a few tips, strategies and techniques that could catapult your Forex trading portfolio in 2010? I think so! Here’s what else…

You’ll be the first to know about The ‘Big Event’ planned with 10 of the world’s leading authorities on profiting in the Forex market…So don’t be late! To discover how to get a new ‘edge’ in your Forex trading, go here now?I hope to see you there. Want to find out how to take your Forex trading up to the next level (by getting a certain ‘edge’ any one of these 10 trading experts can teach you)? Here’s where all is revealed…

Ron Wasserman from OU Forex Trader: I just wanted to let you know that the 2010 Forex Big Event Summit is a GO for February 3 – 5, 2010! We’ve lined up 10 of the top Forex traders in the world for three full days of education and LIVE trading. These Forex Honchos include “Forex Joe” Atkins, Bill Poulos, Steve Nison, Sunil Mangwani, Chris Lori, Bob Iaccino, Norm Hallett and several others. It will all happen online, similar to our recent Online Options and Forex Trading Superconference. So here’s what’s next…We’re going to kick things off with TWO exciting webinars taking place next Monday at 12 noon and 9:00 pm EST.

“Forex Joe” Atkins, OU Forex Trader Dear Trader: You will want to attend one of two very special webinars that are scheduled for Thursday, January 28th…When I stumbled upon this Forex trading ‘Gem’ the other day, I rallied the troops to put on this exclusive web presentation just for Options University and OU Forex Trader subscribers…Here’s what else…You’ll be the first to learn about The ‘Big Event’. I have planned with 9 of the world’s leading authorities on profiting in the Forex market… So don’t be late! I’ll see you there. I just wanted to let you know that the 2010 Forex Big Event Summit is a GO for February 3 – 5, 2010! We’ve lined up 10 of the top Forex traders in the world for three full days of education and LIVE trading. These Forex Honchos include “Forex Joe” Atkins, Bill Poulos, Sunil Mangwani, Chris Lori, Bob Iaccino, Dean Malone and several others. It will all happen online, similar to our recent Online Options and Forex Trading Superconference.

Get these Forex Scalping Cheatsheets FREE. Read the story of Richard Samuels, a post office mailman with a head injury and how he made a fortune with these Forex Signals. Discover the top Forex Robot World Cup Robots, the formula 1 racing of trading robots, the world’s first automated trading competition.

- What Did The Winning Robots Do To Achieve Astounding Performance (live trading for 2 months)?

- How Much Effort Was Put Into It?

- WHAT Are You Truly Getting Here BESIDES 72.5% Per Month VERIFIFIED automatic income?

- How Transparent Was Their Competition?

I’m sure you’ve heard people say this before…”We’re only human!” We make mistakes, we have feelings, we’re impulsive, and over-cautious… in short – the same thing that makes us so unique is also our greatest enemy. We can think many times faster than the best computers in the world yet, at any given time, we’re thinking about so much that each thought affects the other…Again, we’re only human after all!

It’s always been a problem for traders – we’re NOT androids! We agonize over every decision we make… we feel greed and fear. We lack discipline… and that’s how some of our best trades slip through the cracks. Bottom line… we need to be cold, calculating and mechanical in order to make it in the markets. This is exactly the reason why automated FX trading is making such huge waves in our industry. It takes us – our thoughts, our decisions, our judgments… out of the equation completely. And THAT is the real way to profit from forex trading… AS LONG as you have the right automated solution!

Now… here’s where things get really interesting… They recently held the Forex Robot World Cup. Just like the soccer world cup decides which is the greatest team in the world… this contest decides which is the greatest FOREX ROBOT in the world. It’s the first contest of its kind and a true milestone in this industry… and, soon, the winning robots will be available for purchase in small quantities. Now… what they have prepared for you here is amazing and you’ve *got* to see it!

They’ve made a simply awesome video that takes us backstage to see how everything came together. It’s still hard to believe that Forex has come this far – this is something you absolutely HAVE to watch. Here’s a quick summary:

- A look at the top performing robots

- The truth behind the motive for the competition

- Why transparency is vital (and what do FX robot vendors hide from you!)

- Why the biggest FX broker in the world decided to become a sponsor

- Why over 92.7% didn’t qualify to take part

- Why real-money, live trading is the only REAL proof for an FX bot

This exclusive video, anxiously waited for so long by 1000’s of FX traders, is only going to be available for a short period of time so, do yourself a favor, and watch this as soon as possible. And, by the way, in the past 4 days alone, the FRWC organizers have had over 1,000 emails from people wanting to buy the FRWC’s Royal Trader (their product that contains the top-performing robots of the competition).

They are going to release a limited number of copies… no way around it. Make sure you learn about them – their credibility level and their commitment to change the industry! In every industry there is an innovator… someone who does things differently… someone who is labeled as being the “FIRST”. You will understand why this is the absolute first time in history that a REAL FX product is going to be introduced to the market!

Discover Chris Rowe’s Options GPS-the ultimate Stock Options Trading Course that can make you a fortune in 2010. Chris is known as a master options trader. He was already a millionaire while still in his 20s when he quit Wall street. Read the story of Richard Samuels, a post office mailman with a head injury and how he made a fortune with these Forex Signals. The first ever Forex Robot World Cup ended. A cash prize of $100,000 was given to the top forex robot developer. This is what Mark McRae says: Listen to this young Jedi…Did you know that a third of all EU and US stock trades in 2006 were driven by automatic programs or algorithms. The number is slightly less for Forex at 25%. There has been a growth every year in just about every market towards automated trading. There’s nothing wrong with trading manually…

Before I start to sound like I am starting a cult for EA’s you should know that I am a manual trader. That means I trade the old-fashioned way. I look at charts, make a decision then place a trade. But you simply can’t ignore the fact that EA’s are playing an ever-increasing role in the Forex market. I have a full-time person just working on EA’s. He works on converting some of my ideas into EA’s and helps develop and improve indicators that I use in my trading.

What I’m trying to say is this: there’s nothing wrong with manual trading, or using EA’s, come to that, there’s nothing wrong with using both. The only problem I have is whether or not the EA actually works. That’s why I like this Forex Robot World Cup. You can see what you’re getting and the whole competition is very transparent. Here are some of the reasons why I like EA’s…

1…They can trade when you are at work. If you have a full-time job you probably don’t have too much time to spend in front of the screen – that’s if you are not exhausted. An EA can trade for you, 24 hours a day, it never takes a break; you never miss a trade.

2…When you buy an EA from a reputable person or an organization like the Forex Robot World Cup, you know what you are getting. Transparency is the key here. There’s no reason for the results of an EA to be hidden. It will take you about 5 minutes flat to see if an EA has legs. Any person who does not give full disclosure is probably hiding something.

3…It removes all emotion from your trading. Ask any trader who has been trading for more than a few days what’s the hardest part of trading is…and they will tell you it’s controlling your emotions. It’s not easy to take a trade when you know your cash is on the line. It becomes even harder if you have had a losing streak. Traders tend to self-destruct but EA’s just do what they were designed to do.

I also like the fact that FXCM (the largest retail Forex broker in the world), and Boston Technologies are sponsors of this event. Anyway, the reason for this is to let you know that the live trading stage of the competition finishes tomorrow, Friday the 29th. You can still go along and have a look at the EA’s as they trade live until then. Don’t forget to click the charts and see the trades that the EA’s have made. Some people like a very high return regardless of the equity curve. That means your equity can go up and down a lot. Others like a nice smooth equity curve. Small steady gains almost daily. I suppose a lot depends on your taste for volatility. You can see both types of EA’s in the Forex Robot World Cup!

Get these Forex Correlation plus Forex Scalping Cheatsheets FREE just now! Discover the top 10 Forex Robot World Cup Robots-The #1 ranked robot is already 156.96% up in profit in just 11 days. USDBOT Is Now Live to the public. We saw the USDBOT case study and picked up the free report, In addition to this Mark and his team released live trading statements that involved real money. They were so confident of this Forex Robot They even had a Live chat session with prospective buyers. In terms of a Forex Robot this system ticks all the right boxes so take advantage of the huge giveaway Mark is giving away right now.

This is one of the most advanced automated forex trading robots to hit the markets! It?s technology is second to none and combined with its 2-in-1 strikingly accurate system has ushered in a new era of forex trading. It has been proven to work completely on its own without any human intervention and under any market conditions.

The USDBOT team are limiting the number of copies available and with many traders waiting to get a bite of the pie, they are not sure how long long this will last for and with many desperate to get in and buy NOW… we can estimate it wont be for very long. For those of you that love EA’s and simply want a workable a uncomplicated EA then this could be what your looking for, and with a 60 day money back guarantee then you need look no further as you are completely protected and are at no risk whatsoever, so feel free to try it out and see has the USDBOT got everything you crave to become a successful trader Today!

Rob Casey here with a final reminder …The Doors just opened on the USDBOT and our Killer Back Testing and Optimization Bonus! I’ve already given you a previous heads up on this so I’m going to be brief…

=> The doors just opened on USDBOT

=> Their live real money results are very impressive

=> They claim only a limited number of robots will be available

=> If this is true then given the number of emails I’ve received about USDBOT it’s quite likely they will GO FAST

=> We’re offering FREE access to our Back Testing and Optimization course as a Bonus

=> The course will be invaluable for improving performance with any Forex Robot

=> The bonus course will only be available as long as there are USDBOTs available

Our Back Testing and Optimization course will become a paid product at the end of February. We’re offering this as a bonus to those who plan to buy USDBOT so they can avoid paying for the course later. The course is sure to become a staple for robot traders being the only course of it’s kind designed to put the power back in your hands by teaching proper back testing and optimization techniques that lead to more profit with less risk.

Get these Forex Correlation Trading Cheatsheets FREE. Learn Trend Trading from sRs Trend Rider Vladimir Ribakov. Discover the top 10 Forex Robot World Cup Ranked Robots- The #1 robot is already 156.96% up in profit in just 11 days! Les Schwartz: Do these headlines look familiar to you? I get a new one in my mailbox every week.

“The new XXX Forex Robot is taking the forex community by storm!!”

“There is no other way to put it, the buzz surrounding the XXX Forex Robot is…. Huge!!”

“It’s official… the boundaries of Forex Artificial Intelligence robot trading has been pushed forward.”

“The XXX Forex Robot went live yesterday and, as I predicted, it rocked the Forex industry…”

“XXX Forex Robot will change history…”

“So after 24 hours, the industry buzz behind the XXX Forex Robot is reaching fever pitch!!”

It’s a seductive concept …. the Money Machine. Let’s be honest here. All of us in our heart of hearts dream about finding the “Holy Grail:” The infallible system that tells us to buy at the bottom and sell at the top. Taking it one step further, we want this system to run on “auto-pilot.”

We just get up in the morning, start our “Money Machine,” and then collect our profits a little later in the day on our way to dinner in Paris. (As long as we’re fantasizing, we might as well have a private jet.)

Ok, now let’s get real. The money machine doesn’t exist. Billion dollar companies, that can afford banks of super-computers and teams of programmers have gone bankrupt trying to create that “Holy Grail.” (Does the name Enron ring a bell?)

Wall Street brokerage houses consistently lose millions on programmed trading. Do you really think you are going to find a “Money Machine” that’s going to run a few lines of code on your home computer and automatically fill your bank account?

Of course not! Yet, many traders wind up jumping from one trading program or method to the next looking for just that. They don’t make the commitment necessary to succeed with any of them because when they start one method, they are already looking for the next. I know that’s the case because I’ve “been there and done that.”

The fact is that no programmed trading system can work because every day is different than every other day there ever was. Market movement on any day is the result of all human experience up to and including that day.

While long term investing is fundamental in nature, shorter term trading is psychologically based. It’s all about perception. Would you use a robot to get you the girl or guy of your dreams? Of course not!! Only a human being can act and react to matters of perception (“Isn’t that a coincidence!! I love sushi too!!”)