| Can a complete beginner use a forex robot?

Can a complete beginner use a forex robot?

dkjc asked:

I have heard of currency trading. A set up a demop account a couple years ago. Of course it was a bunch of gibberish. I didn’t understand anything. But f course I am looking into a way I can be a at home Mom. I would be willing to learn about trading. But some of these robots make it sound like anybody can make money. If that were true, woudn’t everybody be rich? I have heard a lot of good things about FAP Turbo and Forex mega droid. I have also heard that these robots only work if you have been trading for years.
I have tried cash crate, surveys, reading emails, and a bunch other stuff. I don’t like it.
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4 Responses to “Can a complete beginner use a forex robot?”

  1. fx on September 24th, 2009 2:12 am

    No robots can beat the market. You have to learn forex trading the hard way. Starting from demo account. Then real account. Lose some money (just treat it as tuition fee). Hopefully you will have learnt by then and making some real money.

    Good luck.

  2. Mark on September 30th, 2009 2:55 am

    I wouldn’t recommend going straight to a forex trading robot as they’re not as hands-off as their inventors want you to think. If you’re interested in forex start with a primer for currency markets in general then learn different trading strategies until you find one that works and makes sense for you. Forex offers great opportunity but there’s also tremendous risk…

  3. Elliott on September 30th, 2009 6:56 am

    It is impossible for robots to consistently make money over the long term, if they could we would fire all the money managers and replace them with robots.

    In the real world it takes a lot of education, Research and experience to consistently make money in the forex market.

  4. jlfarley31677 on October 2nd, 2009 6:45 pm

    Yes, you can use Forex robots as a beginner, but you want to take advantage of the practice trades first. I would do practice trades for at least a month. The one that I started with with FAP Turbo. It was great in helping me learn Forex trading