Forex Trading Robots Review

Forex ROBOTS - Automated FOREX CURRENCY TRADING Machines

Through the financial meltdown of Wall Street and Stock Markets around the globe many investors found an alternative solution in forex. Unlike other financial markets forex literally cannot crash. That is due to the fact that in the Forex market one invests in a currency's value relatively to some other currency.. Actually, the instability that the global crisis introduced in to the market has in a way been a positive thing for forex. Volatility in forex, despite perhaps rendering it more risky, also provides greater opportunities for profit. The sharper the swings the currencies proceed through against one another, the more Forex traders stand to profit. Ivyrobot has been designed to capture profit from Currency markets volatility.

Because this volatility makes the trades riskier, Forex dealers developed tools to reduce their risk. Even before the share markets devastation computer geeks have been designing automated trading robots for several different markets. The financial instabilities merely accelerated the need for super robots to process reams of market data as in highly volatile securities markets transactions in every type of financial instrument produce huge volumes of trading data that form the basis for neural network models to forecast everything from interest levels to the movement of equity indices and even individual stocks. The countless influences on institutional and individual investors can't ever be quantified in a closed form algorithm, yet empirical models produced from the info consistently outperform human traders and portfolio managers.

That's where Forex automated trading robots excel. Although you can find vast amounts of data to process the quantity of variables needed in Currency markets modeling is far less than in stock markets - where you can find a large number of different stocks. In Forex markets just confining the calculations to the major currencies restricts the quantity of currency pairs to only six. Thus Forex modeling was embraced rapidly by the quants including the IvyRobot boys.

Following tremendous success of two phenomenal Forex Robots both in trading and in sales to traders a slew of Robot lookalikes have sprung up. Despite the competition two machine traders remain well ahead of the pack. In case you are wondering which will be the Robots being referred to - they are the IvyRobot (FxIvybot) and MegadroidFx.

Apparently demand for the many automated Forex trading robots is enormous and some producers are determined to limit their stocks. The designers of the most recent robot to take the trading community by storm have recognised this too and also have already announced that they can soon hike the price of their popular Forex Robot.

Possibly this is the neat marketing ploy though as there is now a fresh batch of updated artificial troops about to descend on the Forex markets daily - so a bit of hype about limited stocks and previous model sellout will certainly not hurt sales of the brand new trading machines. Still at the costs they're being retailed it appears worth grabbing at least one or two to assist you trade. Who knows with the development of artificial intelligence with application to Forex markets the robots might take it upon themselves to open their very own banks. If only they had done that prior to the bank fiasco of modern times!

Most professional Forex traders have acquired several Forex robots. Among the earlier FX Robots they embraced - that was predicated on trading the Asian market times - stopped trading when London and the US trading sessions were open. It was not based so much on volatility but more on catching trends. Initially it performed very well but once the Forex brokers determined its Achilles heel they almost beat it to death. (More about this too in another review).

Beware of unproven trading robots - whose claim to fame is solely predicated on back-testing. A Forex currency trading robot that made profit a back test some time ago will probably not work today. This is where the existing top robot is different - and it excels at the coal face - real live trading results prove so. As markets constantly change theRoBot is intuitive enough to identify not only major shifts in market patterns, but minor ones too!

Manual traders just can't compete successfully against a trading robot in the amount of calculations which are needed in determining trading probabilities and risk/ reward ratios. Also with regard to money management a fast moving automated Forex trading program can quickly calculate the volume of capital to risk and determine stops and profit taking targets.

Despite these obvious advantages, some people still hesitate to employ the Forex currency trading machines - similar to those who stayed making use of their horse and buggy once the automobile appeared. As time passes the automated Forex trading robots will continue steadily to evolve and become faster and much more sophisticated. Imagine trying to trade these days without the use of a computer.?? - go a step further and you ought to also ask "imagine trying to compete in the Forex market lacking any automated computerized trading robot.

Nathan Rothschilde - a semi-retired ex-investment banker is Economics Editor for http://www.ForeignExchangeJournal.com and founder of http://www.DomainsBillionaire.com.

His background as an Invetment Banker has been useful in developing a business focused on buying and selling websites. A SUBSCRIPTION to the DomainsBillionaire Newsletter and free of charge PDFs on INCREASING VISITOR COUNT just visit the website