Automated | Forex Futures Trading

Posts Tagged ‘automated’

Forex Robots Scams

Forex Robots Scams
Forex Robots - Are they good? or is it a scam?

The federal government warns that there are a lot of Forex scams out there, and these robots Forex seem to be a kind of scams. If these robots actually worked, there would be lots of articles about them in the Wall Street Journal and other financial publications talking about them. When I do an Internet search, I can not find a single reputable news article promoting the use of Forex robots. The following link is a Federal web site fraud warning on the currency. There are a lot of people online who claim to have done very well with forex robots. These seem to be of two types. One is outright lying. For example, you might meet a person named "Zboy227" which says "I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227." The "/ Zboy227" says the website has referred Zboy227. If you buy the product, Zboy227 gets a commission. It is nothing but lie to get a commission. There are a lot of luck in Forex. Sometimes you will find people anywhere who have tried a robot for a few days and have had some beginner's luck with it. Start bragging about how well they have done. Later, they start losing money, but rarely return to the web and talk about how much money they lost. People like to boast of their successes, but rarely talk about their losses. The result is that many of the comments about these Forex robots are positive. I can note that websites selling forex robots support there is a lot of scams out there. Of course the demand of the other robot is a scam, but does your robot. If you do a web search on the words " forex robot "and" scam "is a lot of sites saying that its competitors are a scam. I have to admit that I have not personally tested each robot out there, and I can not prove they are all scams. But I would be very reluctant to spend money on a robot, without clear evidence that it really works.

Forex Robot is a BIG SCAM ! Be aware !