Forex Robots [THE TRUTH REVEALED!!]

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Forex robots have become very popular in South Africa over the past year or so with the promises of “downloading dollars” and making money whilst you sleep. In this video, we explore whether or not this is actually the case and if forex robots actually work.

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Forex robots/Expert Advisors/EAs are automated software that generate trading signals and execute them in real-time and they are meant to assist traders in spotting trading opportunities and eliminating certain elements of psychology in trading. The main problem is that in the hands of forex trading beginners, they are used as a way to avoid having to learn how to trade which always ends up in them losing money. Plugging in an EA to you MetaTrader 4 (MT4) and a VPS is no a substitution for hard work.

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