SetForget Pattern Profit Download

The problem with most forex robots is they SetForget Pattern Profit Review have never been traded by the vendor. Sure you get a track record but the catch is. Its only simulated knowing what happened in the past. Here is the disclaimer you will normally see:

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

So if you see a robot with the above on it pass it by or ask for a real time track record or proof the vendor has traded it supported by account statements. You won't get an answer normally as these systems are simply designed by marketing companies. Make up a track record, add some clever copy and sell it. The forex trader who buys these systems either doesn't see the disclaimer, or doesn't consider it important and pays for this with a swift wipe out of equity.

Your not going to get rich by buying a software package for a few hundred dollars - making money isn't that simple - if it were, then everyone would be trading and not working. Banks and brokerages would sack their fund managers and cut their wage bills dramatically and most of these software packages claim to have better performance than most funds!

http://www.binaryforexacademy.com/setforget-pattern-profit-review/

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