Archive for December 22nd, 2009

A new foreign exchange robot:

Forex Mutant is a signals software and an advanced manual trading system. The trading strategy behind Fit is winning at 90.3% and the authors have set a goal to not only provide the users with results but to also teach them trading. The system is built with a notion that any beginner can trade better than a trading robot if they have a step-by-step system to follow.

Really worth checking out. It seems captivating.

Why FAP Turbo is so popular? First of all let’s look at what it is. This EA is a scalper and can make several trades a day. It makes the trades automatically. So it is very attractive to beginners – who doesn’t want a robot to trade for them? And secondly it’s a scalper, so it is attractive to all traders who favor this strategy.

Scalping is a risky and thus controvercial strategy though. There are many fans and many foes of it. Traders who look for long term profits and can calmly wait for weeks for a good trade don’t like scalping. And the day traders tend to like it, because of immediate profits.

Hence, FAP Turbo is popular but there are many diverse opinions around it. It all depends on a trader.