The vast majority of Forex robots lose money and only a small minority win. If you are looking to purchase an automated Forex trading system, simply follow the attached tips…

Forex system trading has gotten a bad rap in recent years with the rise of get-rich-quick Forex expert advisors, which sell for a few hundred bucks and, of course, don’t work.

If you see a highly advertised system, claiming it can predict the market, double your money every month with less than 1% drawdown, ignore it or you will lose money. These systems are put together by marketing companies, with fabricated backgrounds and claims that are obviously too good to be true.

So how do you find a good automated Forex trading system?

The best automated Forex trading systems generate around 50 – 100% per year. When you find one, seek an independent audit of the earnings and don’t take the vendor’s words for it; always get verification from an outside source.

You then need to check the drawdown and typically an automated trading system will draw down 20-50% depending on your risk profile. Make sure you are prepared for this.

You must trade the system through losing periods with discipline and to do this you must understand the logic and agree with it. This will give you the confidence to trade with discipline.

Long-term gains in 30 minutes a day

Automated Forex system trading is long term and should outperform short term drawdown.

Evaluate your system over years, not months, trade with confidence and discipline, and soon you can be making big profits in 30 minutes a day or less.