Bob did a great job. He had just completed a course in technical analysis, and he spent all day in front of his computer spotting trends. He backed that up by reading at least two financial newspapers a day and he watched the news like never before, hoping that they would mention something: unemployment figures, a new war, anything that would give him an edge. Yet two weeks later Bob could not show a profit even if his life depended on it.

 If you don’t have the time or inclination to do what Bob does, take heart, many of the professionally built automated Forex robots make around 50-100% returns per annum. You can cash in on these fantastic gains if you do the following:

 Before purchasing compare the different expert advisors available. Our revolutionary application makes this easy by presenting the performance of the different expert advisors on a live graph so you can compare them. Once you’ve narrowed your search, test out a couple of the robots on a demo Forex account.

 Know the proper function of an expert advisor. Forex robots use extremely complicated, short-term algorithms that are specially designed by expert money managers. Most Forex robots will even trade and manage your account on your behalf. They are perfect for people who have no wish to become full time traders, but who want to see good returns on their investments.

 Look for an expert advisor that understands market conditions well enough to protect you against reversals. First-class robots can forecast the market and they can protect users from any kind of trade bounces. They should also be able to help you gain as much cash as possible out of any trading situation. A good expert advisor should assist novice investors in selecting profitable market trends that would otherwise be very hard to spot.

 Make sure the robot’s creators are responsible. Questionable Forex robots don’t want you to read the following disclaimer, although it is standard and is used by all registered money managers: “Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. 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.”

 Make sure you can live with the losing periods. Forex losing periods will usually vary between several days to a few weeks or months and lose anywhere between 25-50% from peaks. Make sure you understand this, so you can follow the system through losing periods with discipline. All systems have short-term losses and you need to ride them out in order to reach the profitable periods, so judge your trading system over the long term.

 Ensure your robot has a money-back guarantee. Only developers who believe in the profitability of their product will offer a money back guarantee. Odds are you’ll be so excited by your trades you will want to own one of these robots.

 For maximum profitability, we recommend running 2-3 robots simultaneously on the same account, so if one of them is losing, the other will compensate. But keep your leverage low: one of the main reasons traders lose, whether they’re using a robot or trading manually, is over-leveraging. Once your robots are installed correctly, the amount of profits you can make from trading Forex is guaranteed to boggle your mind.

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