Wednesday 30 March 2011

Utilizing Forex Growth Bot - How Does It Reduce Potential Loss?

By David J. Blank


Trading in Forex is highly risky. Ask anyone who has sunk all or most of their investment in it. Still, there is no shortage of investors and traders. This is because wherever there is high risk, there is high gain.

Forex Growth Bot was developed by a Russian mathematician on the basis of risk and money management strategy. The robot is programmed to trade only when the risk to gain ratio is high, which means there is very low risk of loss.

There are many Forex robots or EAs in market to automate trading. They are developed based on two opposing strategies. The killer strategy focuses on making as much profit as possible in as little time as possible. The risk and money management strategy focuses on making small and steady profit over a long period of time.

Many traders who have been bankrupted by the market can tell you that the killer strategy is nothing more than gambling. You may make a huge profit by fluke today, but are bound to lose it all eventually.

Sadly, most Forex robots out there in the market have been developed based on this strategy. Many of them do not even put stop loss. Can you imagine that? It's pure suicide to trade without a stop loss in such a highly volatile market. Your equity can be wiped out before you can click your mouse button.

Have you heard of the Martingale Strategy? It's a strategy used by gamblers to increase the bet by double each time they lose. Many Forex robots use this strategy. They are not trading robots, they are gambling robots. Use them and you are sure to lose all your capital.

But there is one new Forex robot that has been purely developed based on the risk and money management strategy. Developed by a Russian mathematician, the Forex Growth Bot places a trade position only when it sees a good risk to reward ratio. It also uses stop loss to limit the loss when the market goes against it.

If you want to trade safely in Forex and make profit, Forex Growth Bot is an EA you must invest in. It comes with a 60 days money back guarantee, no questions asked. It also has a RISK FREE demo account that works for 60 days. Good trading!




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