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FOREX CURRENCY TRADING Robots Review
Forex ROBOTS - Automated FOREX CURRENCY TRADING Machines

Through the financial meltdown of Wall Street and Stock Markets all over the world 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 another currency.. Actually, the instability that the global crisis introduced into the market has in ways been a positive thing for forex. Volatility in forex, despite perhaps making it more risky, also provides greater opportunities for profit. The sharper the swings the currencies go through against one another, the more Forex traders stand to profit. Ivyrobot has been made to capture profit from Forex market volatility.

Because this volatility makes the trades riskier, Forex dealers developed tools to reduce their risk. Even prior to the share markets devastation computer geeks have been designing automated trading robots for all different markets. The financial instabilities merely accelerated the necessity 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 foundation for neural network models to forecast from interest rates 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 data consistently outperform human traders and portfolio managers.

This is where Forex automated trading robots excel. Although there are vast amounts of data to process the number of variables needed in Forex market modeling is far less than in stock markets - where there are a large number of different stocks. In Forex markets just confining the calculations to the major currencies restricts the amount of currency pairs to only six. Thus Forex modeling was embraced rapidly by the quants like the IvyRobot boys.

Following the tremendous success of two phenomenal Forex Robots both in trading and in sales to traders a slew of Robot lookalikes have sprung up. Regardless of the competition two machine traders remain well ahead of the pack. For anyone who is wondering which are the Robots being referred to - they're the IvyRobot (FxIvybot) and MegadroidFx.

Apparently demand for the various automated Forex currency trading robots is enormous and some producers have decided to limit their stocks. The designers of the most recent robot to take the trading community by storm have recognised this too and have already announced that they can soon hike the cost of their popular FOREX TRADING PROGRAM.

Possibly that is a neat marketing ploy though as there is now a new batch of updated artificial troops about to descend on the Forex markets almost daily - so a bit of hype about limited stocks and previous model sellout certainly will not hurt sales of the brand new trading machines. Still at the costs they are being retailed it seems worth grabbing at least one or two to work with 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 own banks. If only they had done that before 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 had been not based so much on volatility but more on catching trends. Initially it performed very well but after the Forex brokers determined its Achilles heel they almost beat it to death. (More about that too in another review).

Beware of unproven trading robots - whose claim to fame is solely based on back-testing. A Forex currency trading robot that made money in a back test some time ago probably will not work today. This is w here the existing top robot differs - and it excels at the coal face - real live trading results prove so. As markets constantly change theRoBot is intuitive enough to identify not merely 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 essential in determining trading probabilities and risk/ reward ratios. Also in terms of money management an easy moving automated Forex trading program can quickly calculate the number of capital to risk and determine stops and profit taking targets.

Despite these obvious advantages, some individuals still hesitate to employ the Forex trading machines - similar to those who stayed making use of their horse and buggy once the automobile appeared. As time passes the automated Forex currency trading robots will continue to evolve and become faster and much more sophisticated. Imagine attempting to trade these days minus the use of a computer.?? - go a step further and you ought to also ask "imagine attempting 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 creating a business focused on investing websites. A SUBSCRIPTION to the DomainsBillionaire Newsletter and free of charge PDFs on INCREASING VISITOR COUNT just visit the website
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