A Forex Expert Advisor's Review

A Forex Expert Advisor s Review There is so much talk about forex expert advisors in the forex community. They have been really gaining attention in popularity throughout the last few years. But the question remains, do forex expert advisors actually... More

A Forex Expert Advisor s Review There is so much talk about forex expert advisors in the forex community. They have been really gaining attention in popularity throughout the last few years. But the question remains, do forex expert advisors actually work? Well, if you at the this statistic: 95% of forex traders lose money, you might get your answer. I have absolutely nothing against forex expert advisors. I actually like the idea of the letting a computer do my trading while I am surfing at the beach. I just don t think that it is that sensible. The forex market is a complicated, living, breathing thing. They are intricate. They basically cannot be traded on autopilot. Think about this: News has just come out stating the Fed will lower interest rates by half a point, instead of a quarter of a point, like most analysts predicted. You have to be prepared for that. To a trading robot, this information means absolutely nothing. The job of the trading robot is to take lagging i Less