Forex Robots – Fact Most Destroy Trading Accounts and Do it Quickly

Forex robots appeal to greedy and lazy traders and of course they don’t work because if they did everyone would swap their jobs for life of leisure, pay 100 dollars and enjoy financial freedom. Of course the reality of forex robot trading is a wipe out of equity here’s why.

Forex robots for all the clever marketing on the vast majority try and present one advantage which doesn’t add up in real life and that’s the track record.

The track records of most of these forex trading systems would make the world’s top traders envious if they were true, bank and brokerage dealing rooms would have no people left, just 100 buck robots making cash. Why bother with a dealer on a seven figure annual salary, when you can get better returns on $100.00 a year?

Of course the track records are not true.

When you look at a track record, you imagine it to be real money, after all you are looking for evidence that the robot makes money – that’s why your buying it but the reality is the track record is not real and this appears by it.

“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”.

I think that says it all about the tack record. Now you know why traders serious about making money don’t use them.

You will often see people review these systems online and tell you how much money they have made with the system and recommending you to buy it – click their link however and you will see an affiliate deal for the system! So they have vested interest in selling it.

So if you think you can get rich easily and with no effort then, you will be sorely disappointed and really, if you thought about it, what a forex robot claims for the price charged simply doesn’t add up.

You can make a lot of money at forex trading and there are some robots that work and are proven – but don’t expect not to lose for long periods (you will thats part of forex trading) and don’t expect triple digit figures each year. If you make 30 to 50% annualized your up there with the best traders and systems.

Revel in Marvelous Multimedia Attributes of Acer E101

Acer has launched its new handset Acer E101 which is fully packed with all the multimedia and connectivity features. The handset is available in black color which offers an elegant look to the design. Windows Mobile version of 6.5 Operating System is backed up with huge power and memory space that can attract any mobile enthusiast. The design is so sleek that users will not face any trouble while holding the device. Hardware is the plus point for this gadget and the configuration is just suitable for this fast processing mobile.

Camera The gadget has a 2 mega pixel camera with a supporting resolution of 1600 x 1200 pixels. Picture quality of the device is quite good and it offers some optional camera features to users. It has a QVGA resolution with other attributes like digital zoom and frames. Camera is positioned at the back of the handset and users can effortlessly click pictures using the lens. The camera is very easily accessible as it can easily get activated by a simple click from the home screen.

Multimedia Music player of this device is specifically designed for music lovers as the player supports all audio and video formats like MP3, WMA, WMV and MPEG4 to name a few. The sound feature is remarkable and the speakers are placed at the back providing quality music to users. Gadget is equipped with speaker phone and one can talk to anyone without any tribulation. Users can store unlimited number of songs and videos as it integrates a huge memory space.One can make their own play list from the play list manager and can add their favorite songs.

Video quality is also very decent and it supports MPEG4 file formats. It has a Windows Media Player version 10 to make the viewing experience more pleasant on large TFT screen of 3.2 inches. The device is full of entertainment and connectivity features making this design a perfect choice for the users. he faster speed offered by the phone enables people to perform multiple tasks simultaneously. So, opt for this gadget and have the benefit of using remarkable attributes at reasonable prices.

Nokia E72 Grey, Nokia N86 8MP Black, Nokia N96 are the popular Mobile Phones and these phone contracts are available on Online Mobile Phone Shop UK.

Nokia N79 – The Powerful Nokia N Series Multimedia Mobile

Let’s count on the things which can be discovered with this phone. It has the Nokia Maps which makes it easy to navigate and explore areas. It covers more than 15 million points or locations of interest. The A-GPS installed in it provides navigation for walking or driving. The good thins is that it comes with a three month integrated license.

It doesn’t have the looks but it is a powerhouse. That means for all indulge in work only, it’s a mighty thing. Let’s count on the things which can be discovered with this phone. It has the Nokia Maps which makes it easy to navigate and explore areas. It covers more than 15 million points or locations of interest. The A-GPS installed in it provides navigation for walking or driving. The good thins is that it comes with a three month integrated license. It has a 5megapixel camera with Carl Zesis optics, dual LED flash and video light capture which gives better, clearer and sharp images and videos. In all these the images can be edited immediately, without transferring them to PC. Images taken by N79 can be geotagged to specific locations. It has a good memory slot/card which can store 3000 songs, around 2,500 pictures and upto four hours of DVD quality video clips which can be organized by albums or tags. These can be uploaded directly to share on Ovi or third party services. The high speed 3.5 HSDPA and Wi – Fi makes it easy to upload images or listen to latest music in the town. With this highly packed mobile one can log on to the online communities like friendster, flickr or U Tube. That’s something good for those who wish to see flicker or upload images from it or those who want to write or upload data on blogs while on wheels. To add glamour to this mobile the features 330 minutes of talk time and standby time of 372 hrs. It has a 16m TFT display with resolution of 240*320 pixels, inbuilt memory of 50 MB which can be upgraded upto 8GB. Connectivity options too are good – with WI-FI, bluetooth with A2DP, USB connector, EDGE, GPRS and WAP, making it a versatile mobile. Nokia N79 comes with Xpress Smart covers available in light sea blue, espresso brown, olive green, white and coral red covers. Nokia N79, the next in the N Series mobiles of Nokia is a multimedia phone which gives easy application and usage for music, navigation, video, television, imaging, games and business mobility. It is one phone which brings the best in terms of quality and productivity. Priced in a range of Rs 19,300 to Rs 20,755; it’s a good multimedia mobile.

Fuizy Martin is a well known writer. She has written many articles on nokia mobiles, laptops, LG mobiles, nokia mobiles, digital camera and so on.

Forex Robot Vs. Human Trader Who Will Win

Forex Robot vs. Human Trader Who will win?
Or is there any competition!
Can a Forex Robot out-trade a highly experienced human?
Can the Robot have the necessary intuition and savvy to ascertain when a trade is viable, or when to exit the trade?
A robot is mechanical in concept, its judgement calls are based not on emotion but on rational facts.
Admittedly the Human does have the ability to sense a good trade, the ability to instinctively know that the trade is not working out, the ability also and unfortunately to get it wrong.
Of course the Robot will not get it right all the time, but does this matter.
No, it does not matter and quite rightly.
What we ask of an Automated Forex Robot is that it maintains a forward and controlled slope upward of profitability. That it maintains a balanced approach to the trades, that it maintains a predictable money management and risk control policy.
The Robot does not suffer the problem of distraction, tiredness, the need for a break, and the lack of focus that comes from watching a computer screen endlessly.
The human trader may have instinct, intuition, savvy, experience and the ability to feel a good trade, but the Human is only Human, with all the foibles that this entails.
What I look for in my trading is profit in a controlled manner, the robot still will come up Trumps for this.
Of course, it depends on the Forex Robot, and how it is set up.
The Robot needs to be researched, demoed, and a plan formulated before going live.
I know from Personal experience that once you have reached this position, what is necessary then is to go live. Take note on my other articles on the website that state that this should be with the trading program hosted on a VPS host. We do need the program to remain live. We certainly do not want the computer to crash, hibernate; power down etc as sometimes happens with our personal computers and laptops.
Also, from personal experience it is vitally important to let the program run without human input. The desire to take a profit before the trade has reached its profit level always remains strong.
The program must take profits and must take losses.
What we must do is evaluate the results at the end of each 24 hour period. If it is making profit then our only decision is whether to increase the lots traded.
I, for one believe that the Robot will always beat the Human is terms of long-term sustainable profitability.
Please visit my website for further comment and updates re. The subject of Forex Robot Trading.

Discovery’s final mission

The two astronauts were Stephen Bowen and Al Drew. These two space walkers had huge duties bestowed upon them. The vacuum and low temperature in space makes the space walk a challenging task. They departed from the U.S. Quest airlock at 11:18 am, dressed in specially designed protective spacesuit. This was the 154th spacewalk, since the first two station building blocks were connected in 1998. At the outset, Stephen Bowen was not the chosen spacewalker for this mission, but as spacewalker Tim Kopra met a bicycle accident, in January, Bowen replaced him in this mission. Praising Bowen for his adaptability and expertise, NASA flight director, David Korth said, “Steve brings a wealth of (spacewalking) experience. He’s a very seasoned shuttle astronaut, and he picked up quickly in (training) runs, coming up to speed on the path that we have.” While Bowen has an impressive five spacewalks in his career, as an astronaut and is also the first U.S. astronaut to fly consecutive missions, this was the first spacewalk for Al Drew. “He’ll be just fine, and we have absolutely every confidence that we’ll knock out all these tasks,” added Korth.

The tasks to be executed

The tasks which the astronauts have to carry out are as follows: 1. Arranging an electrical extension cable between the U.S. Unity module and the Quest airlock. 2. This cable is the power connection of the airlock heaters. The extension will make the maintenance work less time consuming once Discovery’s permanent stowage unit will set up on Unity’s Earth-facing port. 3. They will also have to move an ammonia pump to a peripheral cargo platform. 4. The astronauts will build a track for the Canadian rail car that will make the cargo movement easier. 5. They will put video camera reinforcement to provide clearance from an outer goods platform. The Discovery space shuttle will complete its historical journey and come back to earth on Mar. 7, at the Kennedy Space Center.

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