Forex Raptor Review - A Quick Way to Kill Your Account

Prior to finally having success trading forex, I was just like everybody else who was struggling. I jumped from one indicator or system to the next. One of the systems I jumped on, only to jump off a month later was forex Raptor. Forex Raptor uses mathematical algorithms which analyze the markets and gives you entry and exit positions and the proper time to get in and out. It sounds great on paper doesn't it? Well, maybe that's where it should have stayed.

I found trading on it to be as intuitive as flipping a coin. It felt like I was just guessing. It provided me with no insight into the price movement of a currency. it genuinely felt like I was playing with some kind medieval calculator. The way it works is, you put information based on past bars (open, low, high, close) and it is supposed to predict the future. Not only was it incredibly unreliable doing that, but it was also extremely glitchy. I'd put a signal for a sell and I'd get a buy, and vice versa. Thankfully I only traded with a demo account and since I never made any money, I never went to a real account.

If there is one thing that I like about Forex Raptor, is that It caused me to ask myself "Why am I trading with something, if I have absolutely no idea why I'm buying or selling"? Software like forex Raptor is what made me get into the "less is more" approach trading methodology. Ever since then, I got rid of all my indicators (since I don't even know what they're supposed to mean) and I began to look at the market at its purest form. I've never looked back. So for that, I thank Forex Raptor.

Also, if you want to see more comments and complaints on forex raptor, then check out LearnForexDirectory.com

Forex Autopilot Review - Is it Really the Holy Grail?

I know that every forex trader must have come across the sales page for forex autopilot, by now. You see the figures that they are showing and all the money that they claim it makes. You are either like one of two people when you see this. Either you are the kind of person that says, this is garbage. I'm not going to waste my money on this. Or you are the kind of person that is drooling over your keyboard and getting ready to pull your credit card out. So which one is right?

Well, here is the real truth about forex autopilot. You will not become a millionaire by using it. You will not be able to buy a mansion in Hawaii with the money you make from it. BUT, when you compare apples to apples, its a pretty darn good trading robot.

You have to look at this from a realist's point of view. The truth is the vast majority of people who trade forex lose money. So how could a trading robot like forex autopilot make you a millionaire. It's just not possible. Once you realize that, you can judge it on its own merits.

The truth is with a proper money management technique, forex autopilot should be able to earn you 50-100% return within a year. I could imagine all the disappointed people reading that last sentence. I'm sure they thought that it would give them that much of a return in a month. But if you compare how the majority of traders fail at forex, you should realize what an impressive return that actually is.

To learn more about Forex Autopilot and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Autopilot review

Forex Tracer Review - Will You Make Money Using It?

There are a lot of forex robots and expert advisors being sold right now in the market, however very few of them have gotten as much attention in the forex community as forex tracer has. I'm sure you have heard some good things and some bad things about it. Which is the truth? Well, lets dig deeper into this.

Forex Tracer claims that it made $335,000 in profits, from a $25,000 account. Do I think that this is true? Frankly, no I don't. Some of the greatest traders in the world can't get that kind of rate of return. So if you think you can make that kind of money trading forex tracer, I suggest you come back down to earth, because it's just not going to happen.

That being said, can a trader make money with Forex Tracer? Absolutely!

Is it 100% fool proof? Absolutely not!

You will have losses trading Forex tracer. You might even have the occasional losing month with forex tracer.

Does this mean it doesn't work? Of course not! It just means that trading forex is not easy and you have to be realistic. Forex isn't some lottery that you could be a millionaire instantaneous. This is investing. You want your money to grow steadily and consistently.

Forex tracer does a good job. Many people that have used it have commented on making a steady 5-10% a month. This may not seem like much after you were expecting to make $335,000 from $25,000. But believe me, that 5-10% a year is a lot better than most forex traders do.

A note, though about forex tracer. You will have to tweak the settings a little bit. I don't recommend just trading it out of the box. You will have to tweak the money management aspect of the system, so it's most suitable for you, and to give you the highest rate of return that's possible.

As always, you have to demo forex robots. It's never recommended that you trade with live money until you have gotten used to how the expert advisor trades.

To learn more about Forex Tracer and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Tracer review.