Using 2 Robots to Make Quick Profit and Be Profitable in the Long Run – Forex Quake

The idea of making fast money is a good one, but it is’s hard to keep making fast profits in the long term. Customarily there’s more risk concerned trading for speedy profit in the near term while the less risky long term strategy takes a while to bring in the profit. So Forex Quake has decided to provide a solution. Rather than selecting one technique, why don’t you use both? This system provides 2 expert advisors for trading in short term and making quick money, to trading long term and making consistent cash. That does sound good, but you might question whether the short term robot doesn’t lose more than the long run robot can recoup. The solution can be found in the correct money management system. If you manage the money and risk properly, you can make fast money and have your losses covered by the long term methodology. Naturally it is not failure-proof and you are likely to lose more in short term, however the idea is good. The vital thing to bear in mind when combining these 2 strategies is that you must run the long run strategy first and trade with the near term expert advisor within the frame set by the previous.

Is Forex Torpedo Really Forecasting Markets?

There are hundreds of forex EAs but Forex Torpedo has drawn my attention. Because it says to beat other bots by rather than using just past information, forecasting market price. It is saying it uses A.I and other bells and whistles to do that. Well, it is interesting, but I’ve got some doubts. Aren’t other bots truly doing the same? There are plenty of robots which claim to use A.I out there and to be honest, there’s no way we can see how they employ it and if they use it at all . Anyone can say they use AI technology and get away with itbecause it’s impossible to confirm it. But at the end of the day what matters are the results.

Does the robot give good profit? That’s what matters, not that it predicts market or uses past data. Having said that, I could leave it there. Judge a foreign exchange robot by its results, not by the features.