Forex Autopilot System Review?

Question

Where can I find reviews on the forex autopilot system?

Answer 1

Hello,

You are smart to ask for reviews before you buy any trading software.

If you will notice as you search for reviews that all the reviews you find seem to sing the praises of Forex AutoPilot.

This does not mean that Forex AutoPilot is a good trading system, especially when you consider that none of the reviews are written by people who make their money trading.

As an experienced trader I will give you my quick take on Forex AutoPilot and any other programs that are like it:

They advertise a winning trade percentage of over 90%. There is no such thing as a trading system or robot that can sustain a 90% winning percentage over the long term.

Trading systems of this type usually show very short hypothetical track records that usually highlight the system's best period of performance. The end result is that you are unlikely to experience the types of returns they advertise.

I know that I may sound negative but I write this in hopes of saving you and other people entering into the markets some time, money, and grief.

I certainly hope that my input will help you to make an informed decision.

I've included some references to some more in-depth Forex Autopilot Reviews for you.  

Answer 2

You can see a pretty neat review here: http://www.fxsystemscompared.com/rev_for...

Hope this helps?

Answer 3

If you truly believe that a Forex Autopilot (EA) will work.... you've got more problems then finding a review.

When these programs "work" it's only for traders that have years of experiance & know when to run the system, with specific criteria on a specific pair for a specific time period.

Answer 4

Complete reviews for all forex autopilot systems can be found at

http://forexautopilotsystems.com

good luck

Answer 5

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There is a dream every forex trader will have sooner or later. He would do or give almost any thing for the ability of predicting what the Forex Market will do next as he observes the charts on his trading station and he prepares himself for entering his next trade.

For many it may sound as a pipe dream but recently the dream has become closer to reality. In fact, as you may know by now if you have been trading for a while, all the Forex Indicators where created with this idea in mind. To look for a way to predict what the markets will do next with the highest possible reliability. So far there is nothing that can predict the Forex Market behavior with a 100% percent reliability but there are systems that can be pretty close to this ideal rate of profitable trades.

For many traders it has been an option and very common to hire the services of "Signals Generators". These are companies that will email with the trades they have concluded are the most probable ones of resulting in a profit for you for a given day. As you surely know by now when dealing with Forex Trading you need a compass that will point your trades in the right direction and this signals you are being provided can play that role if you know how to use them.

There is a basic question about this kind of services that you may be asking yourself and which is the main reason for the "Forex Software" to exist; why would you pay hundreds of dollars as a monthly fee to companies for forex trading signals when you can create them by yourself with a forex advanced "Trading Signal System"?

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Answer 6

There are many reviews on forex autopilot systems and it should be easy to get them.  This is probably the "in" thing now.  

I have tried a number myself and I realize that although they all test positive, it is not as simple as just clicking a few things for any newbie to start like an expert trader.

You have to put in effort to understand each autopilot software to take full advantage of each software especially if you want to use it for longer term.

The best is to keep in touch with others using the software like in a club or forum and then you can learn from each other's mistakes and findings.   This has to be an ongoing process.  

The autopilot tools are very useful and I believe they have changed forex trading for many people including myself.  Something like typing on your old typewriter compared to using Word for your typing now.  

I recently found that with autopilot systems, we should not trade forex alone but would be much better off by joining forex forums and clubs.  It is very useful to improving trading techniques.  You get to learn from other experts and get updated on changes that may affect the autopilot systems.