Of course you don't! But how many traders buy forex robots and think an outlay of $100 will make them rich? Tons and they don't stop to think about why anyone would or can give them financial freedom for such a small sum. Let's look at the reality.
The reality is that all the track records are not real there fantasy land and they all carry this disclaimer - read it and it will bring you back to earth if you have been considering buying a robot.
"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".
How hard is it to make profits having all the data and what happened at your disposal?
Not very hard at all but its not real money that the systems have made and you can't buy a drink with paper money or pay your mortgage, so the fact its made paper money proves nothing at all.
So you have a piece of software and if you trade it and think you will make the same money as the simulations, you're in for a reality check and an equity wipeout.
Alas no one gives you financial freedom for $100 dollars or so and no effort - life simply isn't like that.
I haven't seen millions of people quit their jobs to trade and banks sack their dealing teams, it simply hasn't happened. If you think about it, how much could a bank save in salaries? A good dealer is on a few hundred thousand a year and replace it with a robot for $100, sounds a deal to me - but maybe the banks have thought it through.
Want To Make Money in Forex?
Then you can but understand you will need to make an effort, get the right forex education, have confidence in it and execute it with discipline.
Forex trading looks easy and anyone can learn it but not everyone can win but you if learn currency trading the right way and pay your dues, you can enjoy a great second or even life changing income but remember, you need to do it on your own and you can - if you accept the challenge which is global forex trading.
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