Automated Forex Robots - if They are so Good Why Does Anyone Bother Working?

An income for life for $100 sounds a great deal why work then? The answer is of course obvious - because they lose money and don't work...

The key point you need to look at is - has the forex robot ever been traded in the real world? To find out go down to the disclaimer and you will normally see the following:

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading"

So it's not a track record in the real world i.e. its made real dollars it's simply a back test on paper and you can't spend that at the shops. The vendor simply gets the data and bends his system to fit it and of course as the same price history never repeats exactly, the system collapses in real time trading.

Anyone who believes that a simulated track record indicates future profits is either very na