I am new into trading forex as a beginner I was looking for a robotThats not to difficult to use ,Have you come across robot called Forex robot trader by Don Steintz I would really appreciate your opinion this?

You have a great website by the way loads of good infomation
Thanks Craig

The way that robot trades is not to my liking. It takes a position during a brief counter-trend in the overall long term trend (using Heiken-Ashi candlestick analysis) and just lets the position ride. Typically what this results is in VERY large floating loses. Also it is entirely possible that the so called “short counter-trend” could be the beginning of a new long term trend, and if you’re caught on the wrong end of this trend you’re gonna get blown out of the market.

I believe this product is sold on ClickBank so it does have a money back guarantee (60 days) so you can always put my opinion to the test.

If you’re just a beginner in the forex market I’d suggest you stay away from trading robots initially. First I’d recommend you spend as much time as possible learning how the market works and as much about it as you can. Learn about fundamental analysis, build a solid foundation in technical analysis, and try your best to become consistent at trading manually. Then you can better understand and appreciate automated trading systems. They are NOT cash printing machines.

If you’re serious about becoming a forex trader I’d say you’d be far better off investing money in your self by purchasing a few educational courses and good books.

Thanks for stopping by my blog. I’m very glad you found it informative

Cheers,
Alan

Time to move on…