Jerry
Favorite Answer
Do yourself a favor and ignore any answer that includes a link to any forex site.
Forex robots, Iraqi dinar, and penny stocks are the most frequent scams on Yahoo Answers.
If anyone had a robot (or system, or EA) that produced reliable profits, they would use it to trade themselves wealthy. They would not give it away. They would not sell it and arbitrage away their own profits. The concept is ridiculous.
Testimonials and internet reviews can be fake. Past track records can be fabricated.
InspectorBudget
Terry's answer is right on.
If anyone had a good system, he would use it for himself. Why would he share his secret and advantage to the world?
The robots and systems you see being pushed only benefit the guy who sells it.
?
Yes, some of the biggest hedge funds are using automatic trading systems.
However, what is offered for sale at retail level is usually not worth it's money.