Using a trading robot is a smart decision to make reliable gains in the market if you don't have the time to devote to trading yourself or don't have a great deal of experience. With every aspect of trading carried out for the trader for reliable gains from the market, these programs are becoming a hot commodity amongst traders of all experience levels. This article is going to identify the best forex trading robots.
A popular match up these days is FAP Turbo vs. Forex Megadroid. I've used both and have to say that the major difference between the two is in the way that they trade. For my money it doesn't get better thanFAP Turbo.
The major point about FAP Turbo is that it trades extremely conservatively. What this means is that it is programmed to only enact trades when it is sure that it will make money and that an upcoming trend is sure to be a profitable one. Otherwise it doesn't enact any trades for that day and continues its analysis. The reason this program acts this way is largely as an answer to the more aggressive trading bots out there today which require you to look over their shoulders constantly, effectively negating the entire purpose of the program to begin with.
Because of this conservative style of trading, FAP Turbo easily boasts the greatest winning rate as far as completely hands off, automated best forex trading robots go. I've estimated that I've won a near perfect rate of 90-95% of every trade it has enacted for me. On average it earns about a 60% profit on trades, as well.
This is again ideal for newbies in the market as well as those who don't have the time to devote to effectively analyzing market data themselves. Like with any of the bestforex trading robots, no harmful outside factors and certainly no emotions or outside factors are there to affect your trades.
