There all over the Internet - Forex software packages which cost a hundred dollars or so and promise you an income for life with no effort but do they work? Of course not, and here we will look at why.
In Forex trading 95% of all traders lose money and that's a fact; if you really could make huge gains with no effort and spending the cost of a good night out down the bar the whole world would be trading and no one would bother doing a day job!
The fact is if you look beyond the clever copy, you will see that none of these cheap Forex robots, have made any real gains! They claim they can make you rich yet, produce no evidence of having made any money in real time trading which has been verified.
If you look at the track records, there just simulations done backwards knowing all the closing price data, well that's easy let's see, if I had tomorrow's price today, how rich would I be? Enough dreaming and back to reality, what makes Forex trading such a challenge is NOT knowing the price in advance.
You do get some vendors putting out track records they say are real but you never have any proof in terms of an independent audit. If you take a look online, you will see many users losing money, as the vendor makes money! What we really need is some independent verification, to clear up who's right but of course you never get an independent check.
Traders continue to buy these systems and dream of an easy way to make money but that's all it is - a dream. These systems cost so little, because they don't work yet, most traders can't see this their blinded by greed, buy them and lose.
If you want to win at Forex trading, forget these cheap get rich quick systems and do what all successful traders do and that's to learn skills. You have to work for your money but no other business, can reward you so much for your effort so learn Forex the right way and win.
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