Forex rob
As forex robots are not influenced by human emotions, they tend to make better decisions according to current market conditions.
New forex bonuses
Forex robots, on the other hand, can handle large amounts of data with accuracy, enabling traders to gauge the performance of different strategies before implementing them to the live market.
What makes us trust forex robots?
Unlike other trading options, forex trading is versatile and evolving. Although there’s no way you could predict the market nature perfectly, there are many tools available online that help you reduce risk and make a profitable decision.
Forex robots are amazing. Similar to automation in any other field, automated trade also increases your chances of success and securing more pips.
Automated bots, eas, or forex robots are one of those resources that do trading on your behalf.
There are mixed opinions about the use of automated trading, though. Some people prefer manual trading over automated solutions. According to them, manual trading gives them an opportunity to experiment with their own creative trading style.
But the fact is that it’s nearly impossible for a human being to keep an eye on market movements all the time.
Human capacity is restricted. There are many things you need to handle. You have a business or a job to carry forward, a family to look after, and your own personal needs that require time and attention.
So, no matter how eager you’re to handle trades on your own, you may have to suffer for one reason or the other.
The good thing is present-day forex robots do include a customization feature that helps traders adjust settings of their software according to their needs.
They’re a great way to generate a stream of passive income that you can enjoy even if you’re busy with your 9 to 5 job or other family affairs.
The best bit? These robots are not influenced by human emotions. They don’t feel excited. They don’t feel fearful when market conditions are volatile. They don’t feel disappointed. Their purpose is to follow the instructions and place trades in the most conducive market conditions.
So yes, there may be a few reasons not to use forex robots. But believe us, there are hundreds of reasons why you should invest in an automated trading solution NOW.
In this post, we’ll highlight some of those reasons and help you understand the importance of automated trading in 2020 and beyond.
But before elaborating this subject further, let’s have a quick look at what forex robots are and how do they actually work.
What are forex robots?
As its name implies, forex robots are software that carries forward trades on the trader’s behalf. From conducting market research to creating a suitable strategy and keeping everything in line, these bots help you stay focused and updated.
These robots are available 24/7. They do not take a break and never get frustrated or tired. Best forex trading robot 2020 are designed by professional traders and programmers. There are hundreds of options available – both paid and unpaid. We suggest you skim through all those options and weigh down the pros and cons of every product before you make a final decision.
How do forex eas work?
Forex traders use forex eas to make some quick money without spending hours and hours in front of their systems.
We know this sounds pretty awesome. But, here it’s important to understand that there’s no secret formula for success to become an overnight millionaire in forex. Even if any product or bot claims such results, it’s a clear indication to stay away from that.
But, this is also a fact that some eas are capable of monitoring market conditions and charts in a way that’s not possible for traders to do manually. The most effective forex eas can perform well even in unstable market conditions.
What makes us trust forex robots?
They have verified trading results
One of the biggest perks of using forex robots is the verified trading results. Yes, you read that right. Before you put your hard-earned money in any product, you can track its previous performance.
There are many products out there that offer superior customer service. You can have your queries answered, discuss your trading style, and make a decision.
Also, robots are much better at multitasking. So, using a robot enable readers to deal with multiple conditions simultaneously.
They can be tested on demo accounts
Forex robots allow you to backtest trading strategies on demo accounts first before going live. Also, you can test your strategies against historical data to optimize your selected strategy. While you can do these things manually, it will take lots of your time and resources.
Forex robots, on the other hand, can handle large amounts of data with accuracy, enabling traders to gauge the performance of different strategies before implementing them to the live market.
They do not have any human emotions
Forex robots work on a set of pre-determined instructions, and they’re programmed to follow those instructions no matter what.
As mentioned above, automated bots are not impacted by human emotions. Many times traders make wrong decisions with statistics that worked for them in the past.
Similarly, they hesitate to place a trade for a pair that didn’t work for other traders in the past. While it’s perfectly okay if you want to learn from other trader’s experiences, not all traders are alike.
Also, each trader has their own trading strategy. Market conditions also change aggressively from time to time. So, there’s a chance that a strategy that didn’t work for someone else will do wonders for you.
As forex robots are not influenced by human emotions, they tend to make better decisions according to current market conditions.
All in all, forex robots exclude the risks that human emotions can bring to the trading world.
Conclusion
And these are just some of the many benefits that come with automated trading. Forex robots can run more complex trading strategies that are beyond human capacity.
Last but not least, you’re not bound to dedicate your time and attention to the trading process. If you haven’t tried this option yet, it’s high time you choose the best forex trading robot 2020 for yourself.
You would be surprised to see how easy and stress-free the whole trading process would become.
This article is for information and educational purposes only and does not form a recommendation to invest or otherwise. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
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A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.
Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.
Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd does not target EU/EEA clients. We don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.
At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.
© roboforex, 2009-2021.
All rights reserved.
Trading advantages of roboforex forex broker
No limits in providing outstanding benefits to roboforex clients.
- Tight spreads
from 0 pips - Fastest order
execution - 4 account currencies
(EUR, USD, CNY, GOLD) - Micro accounts with the
minimum lot size of 0.01 - 8 asset
classes - Affiliate program
50% profit sharing
Roboforex bonus programs
Roboforex provides for its clients best promotional offers on financial markets.
Start trading with roboforex now and unleash the powerful benefits!
Profit share bonus
up to 60%
- Bonus up to 20,000 USD.
- Can be used during "drawdown".
- Deposit from 10 USD.
- Withdraw the profit received when trading your own funds.
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Classic bonus
up to 120%
- Bonus up to 50,000 USD.
- Сan’t be used during "drawdown".
- Deposit from 10 USD.
- Trade with bonus funds and withdraw the profit.
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Cashback (rebates)
up to 15%
- Receive cashback for the trading volume of just 10 lots.
- Available for all verified clients.
- Receive real money as cashback and withdraw it instantly.
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Up to 10%
on account balance
- Payments for the trading volume starting from 1 lot.
- No restrictions: withdraw instantly.
- Receive % on account balance every month.
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Pro-standard
The most popular account type at roboforex, which is suitable for both beginners and experienced traders.
Prime
"prime" accounts combine all best features of ECN accounts and are suitable for advanced traders.
Pro-cent
Pro-cent accounts provide an opportunity to trade micro lots and is best suitable for beginners, who want to test our trading conditions with minimum investments.
ECN account type is intended for professionals, who prefer the best trading conditions with tight spreads.
R trader
R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.
- First deposit 100 USD
- Execution type market execution
- Spreads floating from 0 points
- Instruments over 12,000 stocks, indices,
forex, etfs, cfds, cryptocurrencies - Bonuses not available
- Platforms R trader - web platform
By opening a demo account at roboforex, you can test our trading conditions - instruments, spreads, swaps, execution speed - without investing real money.
- First deposit not required
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- Spreads depends on type of account
- Instruments depends on type of account
- Bonuses limited number of offers
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depends on type of account
Trading platforms
The most popular platform for trading on the forex market, which includes a knowledge database, trading robots, and indicators.
- 3 types of order execution
- 9 time frames for trading
- 50 integrated indicators for technical analysis
- Variety of order types
The latest version of metatrader platform with an opportunity to choose between netting and hedging systems.
- 4 types of order execution
- Multi-currency tester
- Market depth
- 6 types of pending orders
Roboforex trading platforms
For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.
- Trade from any browser or mobile device (ios, android).
- Get the same functionality as on desktop platforms.
- Control your positions and orders from any place in the world.
Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools.
- Over 12,000 stocks, indices, FX, etfs, cryptocurrencies.
- Minimum deposit: 100 USD.
- Trading robots builder. No programming skills required.
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Exclusive trading platforms
For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.
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Your funds are fully secured when you trade with roboforex.
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8 asset classes
Discover the world’s key markets through roboforex accounts and platforms.
Forex
We offer transparent and reliale access to trading FX with more than 40 currency pairs
Forex trading benefits
- Institutional spreads from 0 points
- Metatrader4, metatrader5, ctrader, R trader platforms
- Leverage: up to 1:2000
- Fastest execution possible
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Stocks
Access to more than 12,000 stocks through R trader platform and more than 50 via metatrader 4/5 terminals
Stocks trading benefits
- Minimum deposit: 100 USD
- Free stock exchange market data online
- Leverage: up to 1:20
- Metatrader4, metatrader5, R trader platforms
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Indices
In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector
Indices trading benefits
- Metatrader4, metatrader5, R trader platforms
- Tight spreads - no mark up
- Leverage: up to 1:100
- Over 10 instruments
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Trade fast-growing global ETF industry with over $3 trillion in assets in management
Etfs trading benefits
- Minimum deposit: 100 USD
- R trader platform
- Leverage: up to 1:20
- Сorporate events supported and handled by the system automatically
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Soft commodities
Trade etfs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit
Soft commodities trading benefits
- Minimum deposit: 100 USD
- R trader platform
- Over 100 instruments
- Leverage: up to 1:20
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Energies
Trade cfds and commodity etfs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid
Energies trading benefits
- Tight spreads
- Metatrader4, R trader platforms
- Ideal instrument for day traders
- Minimum deposit: 10 USD
- Leverage: up to 1:100
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Metals
Trade cfds and commodity etfs on precious metals including gold, platinum, palladium, silver as well as gold/dollar and silver/dollar pairs.
Metals trading benefits
- Hedge against political instability and dollar weakness
- Minimum deposit: 10 USD
- Metatrader4, metatrader5, ctrader, R trader platforms
- Leverage: up to 1:1000
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Cryptocurrencies
Bitcoin, litecoin and ethereum proved to have great potential for investment and speculation
Cryptocurrencies trading benefits
- Metatrader4, metatrader5, R trader platforms
- Over 20 cryptoinstruments
- Leverage: up to 1:50
- Trading 24/7
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0% commissions
When our clients deposit their trading accounts, the commission is always 0%. Roboforex covers all expenses. Choose the payment system according to your convenience, not cost effectiveness.
Roboforex also compensates its clients' commission for funds withdrawal twice a month.
Instant withdrawals
- Automatic withdrawal system: withdrawals within a minute for certain payment methods
- System works 24/7
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More than 20 ways to deposit funds
Become an investor on forex
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Copyfx platform will be perfect for those, who search for a simple but reliable way to invest on forex.
Roboforex market analytics
Forex analytics
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Company news
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Roboforex received prestigious awards of the financial sector
Winner of more than 10 prestigious awards
Roboforex was recognized by the most respected experts of the financial industry.
More than 800,000 clients from 169 countries.
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Official sponsor of "starikovich-heskes" team at the dakar 2017
Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.
Official sponsor of muay thai fighter andrei kulebin
A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.
Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.
Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd does not target EU/EEA clients. We don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.
At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.
© roboforex, 2009-2021.
All rights reserved.
Forex
Trade currencies on the global financial market on competitive conditions
Spreads from 0 pips
At roboforex, you have an opportunity to trade with tight spreads from 0 pips.
Leverage up to 1:2000
Trade with the leverage value up to 1:2000 regardless of the account type.
High execution speed
Order execution from 0.1 second.
More than 40 currency pairs
Trade more than 40 currency pairs, including EURUSD, USDJPY, GBPUSD, and EURGBP.
Our top forex instruments
Roboforex trading platforms
Best trading platforms in the industry
Roboforex clients have an opportunity to trade on their accounts with competitive conditions from any device that is convenient for them. Choose a trading platform, which meets your requirements most of all, and trade with high order execution.
Available on the following account types
Roboforex offers its clients several types of accounts and they can choose the one that is the most suitable for them.
Pro-standard
Pro-standard accounts are an excellent choice for both experts and beginners of the currency market.
- Initial deposit 10 USD / 10 EUR / 100 CNY
- Execution type market execution
- Spreads floating from 1.3 pips
- Bonuses all offers
ECN accounts are intended for professional traders, who prefer best possible trading conditions.
- Initial deposit 10 USD / 10 EUR / 100 CNY
- Execution type market execution
- Spreads floating from 0 pips
- Bonuses reduced number of promotions
clients' choice
Prime
“prime” account type is best for “advanced” traders and includes most attractive features of “ECN” accounts.
- Initial deposit 10 USD / 10 EUR / 100 CNY
- Execution type market execution
- Spreads floating from 0 pips
- Bonuses reduced number of promotions
premium conditions
Pro-cent
Using pro-cent accounts, beginners and more experienced traders will have an opportunity to test their trading strategies.
- Initial deposit 10 USD / 10 EUR / 100 CNY
- Execution type market execution
- Spreads floating from 1.3 pips
- Bonuses all promotions
for algo testing
R trader
R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.
- Initial deposit 100 USD
- Execution type market execution
- Spreads floating from 0.1 pips
- Bonuses not available
for stock trading
Benefit from roboforex promotions
Roboforex offers its clients the best promotional programs on financial markets start trading with roboforex right now and discover a great variety of bonuses!
Profit share bonus up to 60%
- Bonus up to 20,000 USD.
- Can be used during "drawdown".
- Deposit from 10 USD.
- Withdraw the profit received when trading your own funds.
Recieve bonus popular
Classic bonus up to 120%
- Bonus up to 50,000 USD.
- Сan’t be used during "drawdown".
- Deposit from 10 USD.
- Trade with bonus funds and withdraw the profit.
Recieve bonus
Cashback (rebates) up to 15%
- Receive cashback for the trading volume of just 10 lots.
- Available for all verified clients.
- Receive real money as cashback and withdraw it instantly.
Read more popular
We pay up to 10% on an account balance
- Payments for the trading volume starting from 1 lot.
- No restrictions: withdraw instantly.
- Receive % on account balance every month.
Read more
The forex market that is opened 24/5 and considered to be the largest and most liquid trading facility in the world. The turnover is more than 4 trillion dollars per day and this number is more than any other market. Forex is intended for buying and selling different global currencies, which are paired into single trading instruments. For example, the euro vs. The US dollar (EURUSD). One of the currencies is a good, the other one is a tool for paying for this good. The profit form trading is gained due to the currency exchange rate change to one of the directions as the time goes by.
One can trade on forex even without significant investments, because most of the brokers provide traders with access to trading with the leverage. Thanks to this, traders can perform trading operations that involve bigger amounts of money than they actually have on their accounts. The leverage may increase the profit a trader receive from transactions, but at the same time it may increase their losses as well.
On the forex market, one can trade a great variety of currency pairs, which are basically divided into three major groups:
- Majors are the most popular pairs featuring the USD and currencies of other influential countries (EURUSD, GBPUSD, USDJPY, etc.).
- Crosses are the pairs without the USD (AUDCAD, EURJPY, AUDNZD, etc.). As a rule, they are less active than majors, but may sometimes behave quite surprising while being traded.
- Exotics are low-liquid pairs with large spread, movements of which are not easy to forecast. These pairs feature the USD and currencies of the countries, which are not among advanced global economies (USDRUB, USDMXN, etc.).
Several criteria may influence the choice of currency pairs for trading:
- The pair must be easily analyzed and forecasted, while force-majeure risks must be dialed down.
- When it comes to intraday trading, it’s better to choose highly-volatile currency pairs.
- Consideration must be given to the time for trading. For example, USDJPY is more active during the asian trading session, while EURUSD – during the european and american ones.
- It’s not recommended to choose pairs with large spreads.
Every trader chooses trading instruments based on their trading strategies, experience, and attitude to risks. The most popular currency pairs with beginners are EURUSD, GBPUSD, AUDUSD, and NZDUSD, while more experienced traders prefer a wider range – EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDJPY, EURJPY, GBPJPY, and AUDJPY.
About me
Rob taylor – professional forex trader and mentor
My name is rob taylor, and I am a professional forex trader and mentor. I have been trading for 16 years, and I live in the UK.
As well as being a professional trader I also teach other traders how to trade the forex markets profitably, through my forex training and mentoring course.
95% of retail traders lose money in the markets because of a lack of understanding of how the markets work. I teach traders how to trade the professional side of the market and support them on their journey to consistent profitability.
I also run a live forex trading room where myself and other professional traders trade my high probability forex trading strategies, real time, with real money.
Unlike many forex training courses, my course is not a pre-recorded online course or a set of cds. My training course is a real-time training course that teaches in live market conditions. This, in my opinion, is a much better way to learn forex trading, as you can see the setups as they happen live in real time.
Here is a quote from one of my students.
“there is no such thing as a holy grail or a foolproof system in forex trading, but I believe that what you teach, is as close to the holy grail as we are ever going to get”.
Please take the time to have a look around my site, and feel free to call me, email me, or skype me, if you have any questions about how I can help you to become a successful, profitable forex trader.
I teach traders from all over the world. If you can speak english then I can teach you how to trade.
Here are a couple of my recent videos to show you why I am the trading mentor that can transform your trading account.
Thanks for visiting my site and have a great day.
Forex trading pro
Forex trading pro is the website of professional forex trader and mentor rob taylor.
Learning to trade forex profitably is a skill that can take years to master. My forex training & mentoring course will fast track your learning curve, by teaching you what is really going on in the forex market, and help you to understand what you need to do to become consistently profitable in your trading.
Are you fed up of losing your money? Then join me, and the other 5%, and learn how to trade forex like a pro.
Forex is the new gold rush. Everyone seems to be in on it, but only a few lucky ones with discover the secret to the big nuggets.
Do you have the skills you need to be a consistently profitable forex trader?
Its far too crowded in the retail fish bowl. Its time to leave your retail chums behind, and move into your new home.
The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge - stephen hawking.
Is it really possible for professional forex traders to trade and teach?
There is a lot of discussion regarding whether professional forex traders really have the time to trade and teach. This is my opinion on the subject.
Why do professional forex traders teach?
The majority of discussion is centered around the premise that “why would a professional forex trader give up his or her time in the markets, to teach others how to trade?
The majority of forex training providers offer training courses for a few 100 bucks, which has to prompt the question “if you are a successful profitable trader, why are you offering to train and mentor people for a few bucks an hour, when you can be earning 1000’s per day by trading the markets?
This is a valid question. The obvious answer would be that the training provider does not really know how to trade forex successfully, and the money they make from teaching, is the only money they really make from their time in the forex business. But in the majority of cases this is the only reason the training providers exist, to take money by making false claims about their skill set and what they can offer to aspiring traders.
Training providers and false claims.
Many training providers that claim to be able to trade successfully (to the point where it is their main source of income) are merely re hashing the same old rubbish that everyone else teaches. But based on the fact that the people who pay him or her for the training, know less about the job than the training provider does, then he or she will be able to pass themselves off as a successful trader, when the truth is they do not really understand how the market works, anymore than the 1000s of people that post free training videos on youtube.
So ask yourself this, is it really worth paying a few 100 bucks for a forex training course? And the short answer is no. I can tell you with 99% certainty that any training course that offers to teach you how to trade for a few 100 bucks, is going to offer nothing more than you can get for free on the internet.
No matter how they jazz it up, or how many people say how great their course is, the truth is they are merely marketing experts, and not forex trading experts.
The value of A professional education.
I have no desire to put together a training course for a few 100 bucks. The value of what i teach will give you the opportunity to make life changing amounts of money from the forex market, and that information is not available for a few 100 bucks.
My time is very precious to me, and i have invested 1000’s of hours of chart study to get to the very top of my profession, and to expect someone in the top 5% of forex traders in the world, to give their precious time for a few bucks an hour, well its not going to happen anytime soon.
So the next time you see a forex training course for a few 100 bucks or less, just ask yourself this simple question, if this professional trader is going to train and mentor me for a few bucks an hour, how much is he or she really making from the forex market? And the answer is, less than a few bucks an hour.
To be in the 5% you have to be trained by the 5%. Don’t waste you time and money on anything less.
Thanks for visiting my blog, have a great day.
The secret to forex trading success
What is the secret formula for forex trading success?
To be a successful forex trader you need 3 things. You need knowledge, determination, and discipline.
Knowledge.
Lets look at knowledge first, because this is the most important part of the formula for success.
You can have a tremendous amount of determination and discipline, but without knowledge you will not be successful.
Knowledge really is the foundation of every successful forex traders trading plan.
Without market knowledge you are going to really struggle to make money from trading.
I am not saying its impossible, but its very difficult to make money consistently without it.
I love inventing quotations to help inspire and motivate people, and one of my favorite quotes is below.
Sow the seeds of knowledge, and watch them grow into success.
I cannot stress enough the importance of knowledge in your journey to becoming a successful forex trader. Knowledge is everything in this business, and without a clear understanding of the market, and the forces that drive price, you will never achieve long term profitability in your trading.
Determination.
This is probably the second most important thing you need after knowledge.
If you are not determined to succeed then you will fail. If you are looking for a get rich quick scheme that requires no work, then forex is not for you. Forex trading is a tough job that has to be learned, and you have to be prepared to dig in, and make sacrifices to be successful.
Some of my students had been trading over 10 years before they came to me for training and mentoring. But they never gave up.
After losing money for all those years, they still wanted to be successful, and were determined to keep going. And if you are reading this and you have been trading a number of years without making money, and you still want to learn and be successful, then you have one of the qualities you need to make it happen. But without the most important part of the formula “knowledge”, it will never happen for you.
Discipline.
Discipline is derived from the word disciple, and is defined as an activity, exercise, or a regimen that develops or improves a skill. When you employ discipline with market knowledge and determination, you have a very powerful combination.
If you have been trading a while you will probably have tried many trading strategies. They look good on paper, but they never really make money in a live market.
Most traders put the failings of these strategies down to their own inability to stick to the rules of the strategy.
They make excuses and blame their own discipline for the strategy not working for them. When in fact the real reason the strategy is not working, is because its a weak strategy.
Its a fact that 95% of forex traders lose money over the long term. So based on that statistic, and allowing for some traders not following the rules of their chosen strategy, we can assume that around 75% of forex trading strategies will lose you money. So even if you have a rock solid discipline, and follow the rules of the strategy to the letter, you still have a 75% chance of losing your money, if you are trading with a strategy that has not been developed by someone with strong market knowledge.
So again we come back to the importance that market knowledge plays in the success of every forex trader. I teach many successful strategies to my students, and they have all been developed with a sound understanding of the market. When you have market knowledge you can trade many strategies that will make money, and its a lot easier to be disciplined when you understand what you are doing, and you are trading with a sound strategy.
Conclusion.
Having the determination to succeed and the discipline to follow rules will not make you successful without market knowledge. But market knowledge is a traders worst nightmare, and its the hardest hurdle to overcome on your journey to forex trading success.
The greatest enemy of knowledge is not ignorance, its the illusion of knowledge.
What do i mean by this quote. Let me explain. How can you admit that you are wrong, if you don’t know you are wrong. If you believe something is correct why would you change it?
This is a problem faced by many traders. The market knowledge that they currently have is incorrect. They think 2 + 2 = 4 when in fact 2 + 2 = 5.
Think about what i said earlier, 95% of forex traders lose money. Why? Because they believe they know how to trade, when in fact they do not know how to trade, and this is the hardest thing for a trader to admit to, and to change.
I know how hard it is to change how you look at the market, because i have been there myself. When i first started out i thought i could read a forex chart, but when i finally found out how to really read a chart, and to understand what it was telling me, i was completely blown away.
To change something that you believe to be correct, goes against everything you have ever been taught in life. 2 + 2 = 4 not 5. But look at it this way, if you are losing money, then what you are doing must be wrong. And its not your discipline or your determination, its your market knowledge that is wrong. And as we have established, that is the most important bit of the formula for forex trading success.
Insanity is doing the same thing over and over again and expecting different results.
So if you are prepared to accept that your market knowledge is wrong, and you want to change what you believe to be correct, please check out my forex training course.
Your market knowledge has to be correct, if you want to be successful in the forex business.
Thanks for visiting my site, and have a great day.
About me
Rob taylor – professional forex trader and mentor
My name is rob taylor, and I am a professional forex trader and mentor. I have been trading for 16 years, and I live in the UK.
As well as being a professional trader I also teach other traders how to trade the forex markets profitably, through my forex training and mentoring course.
95% of retail traders lose money in the markets because of a lack of understanding of how the markets work. I teach traders how to trade the professional side of the market and support them on their journey to consistent profitability.
I also run a live forex trading room where myself and other professional traders trade my high probability forex trading strategies, real time, with real money.
Unlike many forex training courses, my course is not a pre-recorded online course or a set of cds. My training course is a real-time training course that teaches in live market conditions. This, in my opinion, is a much better way to learn forex trading, as you can see the setups as they happen live in real time.
Here is a quote from one of my students.
“there is no such thing as a holy grail or a foolproof system in forex trading, but I believe that what you teach, is as close to the holy grail as we are ever going to get”.
Please take the time to have a look around my site, and feel free to call me, email me, or skype me, if you have any questions about how I can help you to become a successful, profitable forex trader.
I teach traders from all over the world. If you can speak english then I can teach you how to trade.
Here are a couple of my recent videos to show you why I am the trading mentor that can transform your trading account.
Thanks for visiting my site and have a great day.
Rob booker review
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Traders reviews
Length of use: have not used
Length of use: over 1 year
Length of use: over 1 year
Length of use: 0-3 months
Disclaimer: what happened to me is my fault I should not have bee this dumb but here I am.
I paid $49 for the 1K club program. At the time of writing this, I have never received a single email, call or anything I purchased from the program. I DON'T EVEN KNOW THE WEBSITE!
The only email I got WAS MY RECIPT! I can't log in on robbooker.Com because THEY NEVER LET ME MAKE AN ACTUAL ACCOUNT!
I have called and emailed multiple times. I never get a response and it GOES STRAIGHT TO THE ANSWERING MACHINE!
This is not even a scam it is LITERAL FRAUD. THE COMPANY DOES NOT EVEN EXIST. EVERY REVIEW OR YOUTUBE VIDEO ONLINE WAS PAID FOR OR CREATED BY THEM. THEY ARE TOTAL SCUM.
I canit afford a lawyer (which I bet they count on because anybody wanting to learn trading isn't wealthy enough for that).
I don't think I'll ever get my money back but PLEASE SAVE YOURSELF.
Forex trading pro
Forex trading pro is the website of professional forex trader and mentor rob taylor.
Learning to trade forex profitably is a skill that can take years to master. My forex training & mentoring course will fast track your learning curve, by teaching you what is really going on in the forex market, and help you to understand what you need to do to become consistently profitable in your trading.
Are you fed up of losing your money? Then join me, and the other 5%, and learn how to trade forex like a pro.
Forex is the new gold rush. Everyone seems to be in on it, but only a few lucky ones with discover the secret to the big nuggets.
Do you have the skills you need to be a consistently profitable forex trader?
Its far too crowded in the retail fish bowl. Its time to leave your retail chums behind, and move into your new home.
The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge - stephen hawking.
Is it really possible for professional forex traders to trade and teach?
There is a lot of discussion regarding whether professional forex traders really have the time to trade and teach. This is my opinion on the subject.
Why do professional forex traders teach?
The majority of discussion is centered around the premise that “why would a professional forex trader give up his or her time in the markets, to teach others how to trade?
The majority of forex training providers offer training courses for a few 100 bucks, which has to prompt the question “if you are a successful profitable trader, why are you offering to train and mentor people for a few bucks an hour, when you can be earning 1000’s per day by trading the markets?
This is a valid question. The obvious answer would be that the training provider does not really know how to trade forex successfully, and the money they make from teaching, is the only money they really make from their time in the forex business. But in the majority of cases this is the only reason the training providers exist, to take money by making false claims about their skill set and what they can offer to aspiring traders.
Training providers and false claims.
Many training providers that claim to be able to trade successfully (to the point where it is their main source of income) are merely re hashing the same old rubbish that everyone else teaches. But based on the fact that the people who pay him or her for the training, know less about the job than the training provider does, then he or she will be able to pass themselves off as a successful trader, when the truth is they do not really understand how the market works, anymore than the 1000s of people that post free training videos on youtube.
So ask yourself this, is it really worth paying a few 100 bucks for a forex training course? And the short answer is no. I can tell you with 99% certainty that any training course that offers to teach you how to trade for a few 100 bucks, is going to offer nothing more than you can get for free on the internet.
No matter how they jazz it up, or how many people say how great their course is, the truth is they are merely marketing experts, and not forex trading experts.
The value of A professional education.
I have no desire to put together a training course for a few 100 bucks. The value of what i teach will give you the opportunity to make life changing amounts of money from the forex market, and that information is not available for a few 100 bucks.
My time is very precious to me, and i have invested 1000’s of hours of chart study to get to the very top of my profession, and to expect someone in the top 5% of forex traders in the world, to give their precious time for a few bucks an hour, well its not going to happen anytime soon.
So the next time you see a forex training course for a few 100 bucks or less, just ask yourself this simple question, if this professional trader is going to train and mentor me for a few bucks an hour, how much is he or she really making from the forex market? And the answer is, less than a few bucks an hour.
To be in the 5% you have to be trained by the 5%. Don’t waste you time and money on anything less.
Thanks for visiting my blog, have a great day.
The secret to forex trading success
What is the secret formula for forex trading success?
To be a successful forex trader you need 3 things. You need knowledge, determination, and discipline.
Knowledge.
Lets look at knowledge first, because this is the most important part of the formula for success.
You can have a tremendous amount of determination and discipline, but without knowledge you will not be successful.
Knowledge really is the foundation of every successful forex traders trading plan.
Without market knowledge you are going to really struggle to make money from trading.
I am not saying its impossible, but its very difficult to make money consistently without it.
I love inventing quotations to help inspire and motivate people, and one of my favorite quotes is below.
Sow the seeds of knowledge, and watch them grow into success.
I cannot stress enough the importance of knowledge in your journey to becoming a successful forex trader. Knowledge is everything in this business, and without a clear understanding of the market, and the forces that drive price, you will never achieve long term profitability in your trading.
Determination.
This is probably the second most important thing you need after knowledge.
If you are not determined to succeed then you will fail. If you are looking for a get rich quick scheme that requires no work, then forex is not for you. Forex trading is a tough job that has to be learned, and you have to be prepared to dig in, and make sacrifices to be successful.
Some of my students had been trading over 10 years before they came to me for training and mentoring. But they never gave up.
After losing money for all those years, they still wanted to be successful, and were determined to keep going. And if you are reading this and you have been trading a number of years without making money, and you still want to learn and be successful, then you have one of the qualities you need to make it happen. But without the most important part of the formula “knowledge”, it will never happen for you.
Discipline.
Discipline is derived from the word disciple, and is defined as an activity, exercise, or a regimen that develops or improves a skill. When you employ discipline with market knowledge and determination, you have a very powerful combination.
If you have been trading a while you will probably have tried many trading strategies. They look good on paper, but they never really make money in a live market.
Most traders put the failings of these strategies down to their own inability to stick to the rules of the strategy.
They make excuses and blame their own discipline for the strategy not working for them. When in fact the real reason the strategy is not working, is because its a weak strategy.
Its a fact that 95% of forex traders lose money over the long term. So based on that statistic, and allowing for some traders not following the rules of their chosen strategy, we can assume that around 75% of forex trading strategies will lose you money. So even if you have a rock solid discipline, and follow the rules of the strategy to the letter, you still have a 75% chance of losing your money, if you are trading with a strategy that has not been developed by someone with strong market knowledge.
So again we come back to the importance that market knowledge plays in the success of every forex trader. I teach many successful strategies to my students, and they have all been developed with a sound understanding of the market. When you have market knowledge you can trade many strategies that will make money, and its a lot easier to be disciplined when you understand what you are doing, and you are trading with a sound strategy.
Conclusion.
Having the determination to succeed and the discipline to follow rules will not make you successful without market knowledge. But market knowledge is a traders worst nightmare, and its the hardest hurdle to overcome on your journey to forex trading success.
The greatest enemy of knowledge is not ignorance, its the illusion of knowledge.
What do i mean by this quote. Let me explain. How can you admit that you are wrong, if you don’t know you are wrong. If you believe something is correct why would you change it?
This is a problem faced by many traders. The market knowledge that they currently have is incorrect. They think 2 + 2 = 4 when in fact 2 + 2 = 5.
Think about what i said earlier, 95% of forex traders lose money. Why? Because they believe they know how to trade, when in fact they do not know how to trade, and this is the hardest thing for a trader to admit to, and to change.
I know how hard it is to change how you look at the market, because i have been there myself. When i first started out i thought i could read a forex chart, but when i finally found out how to really read a chart, and to understand what it was telling me, i was completely blown away.
To change something that you believe to be correct, goes against everything you have ever been taught in life. 2 + 2 = 4 not 5. But look at it this way, if you are losing money, then what you are doing must be wrong. And its not your discipline or your determination, its your market knowledge that is wrong. And as we have established, that is the most important bit of the formula for forex trading success.
Insanity is doing the same thing over and over again and expecting different results.
So if you are prepared to accept that your market knowledge is wrong, and you want to change what you believe to be correct, please check out my forex training course.
Your market knowledge has to be correct, if you want to be successful in the forex business.
Thanks for visiting my site, and have a great day.
so, let's see, what we have: forex robots are amazing. Similar to automation in other fields, automated trading increases your chances of trading success but what makes us trust them? At forex rob
Contents of the article
- New forex bonuses
- What makes us trust forex robots?
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- About me
- Forex trading pro
- Forex trading pro is the website of professional...
- Is it really possible for professional forex...
- Why do professional forex traders teach?
- Training providers and false claims.
- The value of A professional education.
- The secret to forex trading success
- About me
- Rob booker review
- Details
- Live discussion
- Video
- Traders reviews
- Forex trading pro
- Forex trading pro is the website of professional...
- Is it really possible for professional forex...
- Why do professional forex traders teach?
- Training providers and false claims.
- The value of A professional education.
- The secret to forex trading success
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