In
all my years of trying countless business opportunities and
investment deals, this system is the closest thing to owning
your own ATM Machine that you can imagine.
Here's
how it works - You install a software program on your personal
computer that takes about 20 minutes to set up the first time
(or I can install it for you on a virtual
server), and then after that, all you do is keep an eye on how
your money is growing, and make withdrawals or deposits as
needed.
You
just let it run and make sure your internet connection is on.
You can check in as often as you'd like to see how your money is
growing. That's basically it. So your time is freed up to do
what you want to do.
Here
are some of the major benefits of this type of passive income
system:
EVERYTHING
can be 100% fully automated and can run unattended once you
set things up (however you'll want to check in to see how
your accounts are doing every week)
Automatically
compounds your returns as your account balance grows
Complete
transparency
High
Monthly ROI
Your
money is ALWAYS 100% under YOUR CONTROL. You never have to
send it off to some money scheme company or individual
person again. It’s always in your own personal account,
under your name (or business name), so
you never have to worry about funds being embezzled by
intermediate money managers.
Take
your money or your profits (or both) out on any business day
of the year – no questions asked, ever!
No
experience necessary - Great for
beginners
No
sponsoring or recruiting involved – Everyone earns!
Low
minimums
Available
Worldwide
No
effort is required on your part at all
Every
last detail is transparent, 100% legal and in keeping with
American Laws and Federal agencies.
Scams,
pyramids, and seizures are all things of the past.
This
is an automated method of investing in the Forex Market using
what's called an “Expert
Advisor.”
What’s
an Expert Advisor?
Well, imagine what it would be like to have your own robot that
does nothing but retrieve gold nuggets for you, day in and day
out, from your own private goldmine! That’s exactly what
we’re talking about here.
An Expert Advisor (EA for short) is simply a sophisticated
automated trading software that monitors and
analyzes the market for you 24 hours a day. It utilizes the Metatrader-4
(MT4) trading platform to execute trades on your behalf for you.
The
best part is, it never calls in sick, asks for a salary, or
requires any training.
Here’s
a picture of what the MT4 trading platform looks like:
If
you’re a Forex newbie, don’t let the chart above scare you.
You won’t have to know much about how it works with the kind
of way we’ll be using it.
It’s
important to note that this type of software was only available
to professional traders in the form of institutions and money
managers with access to powerful computer systems or those with
in-house programmers in the past.
Now,
with the advent of the pc-based MT4 platform, this type of
software development is becoming more and more mainstream.
Why
use an Expert Advisor (Robot) to trade the Forex Market?
An
Expert Advisor is also referred to as an auto-trading
"robot." We know that a robot can beat humans at
chess, and they can also beat humans at trading as well. An
Expert Advisor will monitor the market and automatically
open and close your trades based on the information
pre-programmed into the software. It’s designed to react
quicker than we can blink an eye.
In
a nutshell, an Expert Advisor will do ALL of your trading for
you on AUTOPILOT, with no human action, knowledge, or experience
necessary. It will automatically
trade your account on your behalf, sending both Buy and Sell
orders directly to your broker’s server.
Something
to keep in mind here is that many traditional Forex traders end
up setting their alarm clocks to wake up at 1 or 2AM in the
morning (during the London open), because that’s when the
markets are the most active if you live in the U.S. It’s when
the Asian traders are most active and then leads up to when the
London traders are getting ready to come online as well.
Thankfully,
when you use an Expert Advisor to trade your account for you,
you never have to
deal with any of that stuff. You’ll be able to sleep
comfortably through the night without ever having to wake up to
check on your trades because your robot will be monitoring the
market and potential trades for you.
Low
Cost of Entry
Contrary
to popular belief, it doesn't take a lot of money to get started
making money in Forex. With some brokers, it possible to open an
account with as little as $100 - $250, however, it's best to
start with at least $500 - $2,000+ when you're ready to fund a
live account.
What
Kind of ROI is Possible?
Everyone
wants to know... "How much can I make?"
Let
me first say that I don't want to make any outrageous claims
here because most people know that ALL types of investing
(automated or not) involves risk, and past results aren't a
guarantee of future results, but the potential returns can be
VERY substantial.
How
substantial?
Well,
there are some high-quality Expert Advisors that can
consistently produce an average 6%
to 16% ROI per month.
Always understand that with increased returns comes increased
risk, so make sure to only use money you can afford to put at
risk.
The
Power of 6% Monthly
While
the average CD holder would be thrilled to get 6% per year in
today's economy, would you be “OK” with being able to
consistently earn 6% or more on a monthly basis?
Why
6%?
Why
is a 6% per month return so important? Why not 5% or 5 ½% per
month? Well, the answer lies in the compounding of your profits
and the Rule of 72, because if
you can earn 6% per month on your money, then you can double
your money every year!
If
you’re doubling your money every year, and let’s say you
only have $1000 to start with, 5 years later you can have
$32,000, and in 10 years your account can grow to $1,024,000.00!
It’s
very realistic to get these kinds of returns using a
high-quality Expert Advisor, and it’s the reason why
6% is such an important monthly rate to shoot for.
The
Good, The Bad, and The Ugly
I
want to make sure I paint an objective picture here of what’s
possible, and at the same time, help you avoid some of the
potential risks associated with buying and using an Expert
Advisor.
There
are currently over 350 commercially available EAs on the
market, and plenty of hype too. Until recently (within the last
couple years), EAs were nothing more than automatic junk! Sure,
they were making money... but only for the people selling them.
Selecting
quality EAs can be a daunting task. Here
are a few of the more popular ones...
Of
course, the majority of them claim that all you have to do is
just push a button and like magic, cash starts to automatically
flow into your trading account... and this may be true since I
experience it every day in my own personal accounts. But do most
of them live up to the hype? Let’s find out...
Choosing
an Expert Advisor
It’s
important to distill fact from fiction. The truth is, there are
a ton of EAs on the market that are almost useless. They may
generate profits for a while, but at some point they tend
to end up losing that and a lot more, so you've got to realize
up front that all robots are NOT created equal.
Based
on my own personal experience, I’d say that maybe only 1 out
of 50 can be safely used for trading with real money. To
understand why, let me answer this question:
“What
do most Expert Advisors (Robots) on the market today have in
common with each other?
Answer:
They either don’t make enough money or no money at all, or
worse yet, they burn through your whole account balance in a
matter of days or weeks!
You
see, most EAs are worthless because they’re designed or based
on faulty and losing manual trading systems from day one. Even
the best manual trading system in the world it can fail when
it's converted into a trading robot.
The
other thing to keep in mind is that most of the EAs out there
are designed by programmers, not traders. It’s very rare to
find an EA that’s created by a real, and more importantly,
successful forex trader.
Many
EAs you’ll find out there try to guess which way the market is
moving. It’s ok, if they happen to be right on that guess, and
they can make you a ton of money if they are. But if they happen
to guess wrong, they can also lose you a ton of money in a
heartbeat.
How
Do You Pick a Good EA?
The
first thing to look for on any EA website’s sales page is
back-test, and ideally, forward-test results. Secondly, look for
honest reviews from people who bought the EA and have used it
for a while in a LIVE
trading account – This is very important. Demo trading
doesn’t carry much weight in my opinion since results can vary
tremendously.
You might have to put on your Sherlock Holmes hat because I’ve
found that honest reviews are hard to find these days. It turns
out that most people writing the reviews are also trying to sell
the EA and earn an affiliate commission.
In
other words, most reviews out there are usually biased and not
very objective, but don’t worry, in a second, I’ll give you
list of my favorite Forex robots I personally use so you have a
solid list of proven robots to start with.
Although
there are exceptions to the rule, it’s best to buy from
vendors that offer a money-back guarantee of some sort with no
restrictions. Some EA developers for instance, use a merchant
provider called Clickbank to process their sales and handle the
accounting and tracking of their affiliates (I’ve actually
used Clickbank for several years to sell another ebook I wrote
– it’s a great company). Clickbank
also has a very good refund policy and your payment will be safe
with them.
There
are different kinds of EAs on the market, some use what’s
called a “scalping” strategy, which means they get in and
out of trades very quickly, and focus on taking daily profits.
Then
there are others that use what’s called a “range” or
“grid” trading strategy, where the robot opens and stays in
trades longer (sometimes for days or weeks at a time) and waits
until the market moves back in the opposite direction to always
close trades out at a profit.
What’s
the best type of EA? There is no “best” in my opinion.
I’ve used both kinds successfully and continue to use both in
my live accounts today.
The
thing of it is, NO ONE really knows which way the market is
going to go, and if they did
know, you can be sure that they wouldn’t be sharing that
information with you or me!
When
you purchase any Expert Advisor, you’ll also receive
instructions on how to install it and which currency pairs it
trades. And if you don’t want to even bother with the
installation process yourself - I
can set
everything up for you.
Managing
Expectations
It's
been my experience that when expectations are laid out, nobody
has any misunderstandings. Of course no one likes losing money
and I'm not insinuating that it will happen on a regular basis,
but you never want to
play with the milk money (money you need to pay your
rent/mortgage and food, etc.).
If
all the money you used to fund your Forex account would
drastically change your life forever if it were lost, then don't
put that money at risk in the first place - Don’t use what you
can’t afford to lose.
Everyone
needs to take responsibility for their own situations and this
type of investment should NOT be used for ‘steady’ income.
What
I mean by that is if you're looking for a "guaranteed"
rate of return or an even amount of profit every month, this is
not going to be the right choice for you. There will be ups and
downs from day to day, week to week and month to month. And in
the end, we always hope that it's all up, but it's best used as
a 'wealth platform' rather than a 'steady
income platform.'
Successful
traders (whether they’re using an robot or not) don’t
sacrifice their long-term gains for short-term profits. It’s
been said that there are old traders and bold traders... but
there are no old, bold traders, and if you want to be earning
passive profits over the long haul, there are some facts you
must accept:
1.
You can’t be right
all the time. There will be losing trades, and even possibly
losing months. In fact, many of the world’s most successful
traders are “right” less than 50% of the time. But this
means that the combined money they make when they are
“right” far exceeds the money they lose when they’re
“wrong.” If it were otherwise, they wouldn’t be trading.
Nobody would.
So
emotionally prepare yourself so that when you do see a loss, you
say, "Ok, Greg told me about this... I understand the big
picture here... I know what the overall goal is, and I'm looking
at my investment from a TELEscope, not a MICROscope."
What that does is it allows you to focus on the long-term
results, not short term gains or losses. Successful traders also
know exactly what they can expect to make, on average, from the
system they’re using. They accept loss as part of the
business, and they know that by following a disciplined approach
to trading, they’ll consistently make money over the long run.
2.
Discipline and planning
are essential to successful trading, even when using an
automated system. Many newbie traders try to take the “easy”
road to riches. They want it all now, and can’t be bothered
with slow, but steady gains.
So
they start tweaking the settings, increase their percentage of
risk way beyond the boundaries of what’s prudent, and
generally attempt to get the system to meet their unreasonable
expectations.
If
you change the settings an EA uses to trade like a gambler, the
market will most likely ride off into the sunset with your
money. Therefore, trading with an EA requires a disciplined,
hands-off approach.
As
should be obvious to you by now, nothing in life is without
risk, and if you're the type of person who prefers absolutes,
guarantees, or you’re risk-adverse, then investing your money
in the Forex Market using any Expert Advisor may NOT be for you.
You
can set things up to never risk more than a certain amount of
your account on any individual trade, but your emergency savings
money should NEVER be used as your starting principal/seed
money.
You’ve
just got to be careful and smart, and don’t fall for the hype.
And be sure to test everything in a DEMO account with play money
before you trust any Forex robot with your hard earned money.
No
Experience Necessary
Like
I said before, you don't have to worry about becoming an expert
at trading the Forex market before you can get started. Trading
robots are used by professionals & beginners alike with no
experience whatsoever. So no matter what your background is,
you'll be able to profit in a major way.
You
can also benefit from these Forex robots if you want to
concentrate on your day job (if you still have one) and still
earn cash in the Forex market. Within a couple hours from now
you could be in your first trade.
An
Expert Advisor can create a consistency of trades that makes
this type of system very attractive to all levels of passive
income enthusiasts and investors interested in amassing
incredible wealth.
The
cool thing is when you have an Expert Advisor running, you can
see the action live as it happens, it's truly amazing! When one
of them is trading, it makes it look like a person is doing the
work, but in reality, the robot is doing all the work for you.
Remember,
you don’t have to “time” anything... it trades for you
100% automatically so you can sit back, do nothing, and let it
make money for you on autopilot. It exits trades either for a
small loss when the market moves against you, or for a nice gain
when it’s in your favor... without you EVER having to make
that decision... Then it finds the next trade!
There's
nothing for you to do... except watch!
Automated
forex trading is the way to go, especially if you have a day job
or are too busy (or too lazy) to monitor things yourself. In my
opinion, the latest generation of Forex robots are the future of
trading and wealth creation, and are getting more and more
accurate and profitable each year.
Choosing
a Forex Broker
Once
you’re ready to test out an Expert Advisor, you must first
open up an account with a Forex broker. Technically
speaking, a broker is only an agent who executes orders on
behalf of clients, but unlike your typical equities broker like
E-Trade, which only gives you an access to the market, Forex
brokers often ARE the market.
There
many worldwide Forex brokers to choose from, but beware! All
brokers are NOT created equal! There are all kinds of
manipulation and dirty tricks that go on in the industry and
I’m going to tell you how to avoid most of it.
The truth is, the majority of Forex
Brokers that support the MT4 trading platform (the software
required to run EAs on) are nothing more than what the industry
refers to as "bucket shops."
Please remember that Mark and Mike at Gallant
FX, my trusted Forex liaisons and consultants, are
qualified to answer all types of questions regarding all Forex
brokers.
You
can reach them at Gallant FX – 646.520.4530 or info@gallantfx.com
or using this page: Contact
Us. Don‟t forget to mention that you were referred by ForexRobotInstall.com!
What
Does Bucket Shop Mean? Well,
a Forex broker can be either a broker (just a channel between
you and the actual market) or what‟s called a "market
maker/dealing desk" where the broker is selling to you
directly, and not actually another participant in the live
market. Here‟s what Investopedia says:
1.
Bucket shops are sometimes called the boiler room. The U.S. has
laws restricting bucket shop practices by limiting the ability
of brokerage houses to create and trade certain types of
over-the-counter securities.
2.
The second definition for a bucket shop comes from over 50 years
ago, when bucket shops would do trades all day long, throwing
the ticket into a bucket. At the end of the day they would
decide which accounts to award the winning and losing
trades.
In
simple layman terms, this type of broker has virtually no
connection to the real-world Forex market. These types of
brokers will essentially "book" or take the opposite
position of a trade made by a retail trader (you and I).
However, they won‟t actually execute them on any
exchange.
Basically,
the bucket shop is betting against the trader. They create a „sandbox‟
environment where they have a vested interest in you losing your
money on trades.
And,
in fact, the majority will engage in underhanded activity to see
to it that you lose money even if you‟re a profitable
trader! A bucket shop broker‟s entire business model is
designed to take advantage of the statistical fact that 95% of
traders lose their entire accounts eventually. It‟s
lucrative to be on the other end of that.
So,
obviously those of us using EAs (which have a very high winning
ratio) are not very welcome, because the bucket-shop broker
loses. And if you win consistently on a long-term basis, your
account can be banned or suspended, and your profits will go
into the greedy hands of the broker.
Maybe
this is why they‟re called a "broker"... because
that‟s exactly what you‟ll be if you don‟t
avoid the bucket shops!
The
solution is simple! As
an EA trader, your Forex account is automatically taking trades
according to the advanced code written into your Expert Advisor.
It‟s imperative to your success that you are trading with
a reputable Forex broker like Gallant
FX.
By working
with Mark and Mike at Gallant
FX, you can be confident that you're
paired with the right broker for your EA.
Practice in a
demo account with "play money" until you‟re 100%
comfortable with the results you‟re seeing in your demo
account. This way, you can become psychologically comfortable
with how a system trades and better prepare for when you go live
with real money. Gallant FX can also help you get a free demo
account to practice your FX trading or for using robots.
Get
your FREE Forex demo account now by clicking here!
The
Importance of Using a Virtual Private Server (VPS)
Forex
robots must be connected to the internet and run 24 hours a day,
5 days a week (Mon-Fri) to operate and make trades for you. The
absolute last thing you want to happen is have your power go out
or Windows restart your computer (which will shut off your MT4
trading software and prevent it from making trades).
A VPS is essentially a
separate computer and designated only to run your auto-trading
applications 24/5. VPS accounts are just like a dedicated server
- they're kept entirely separate from each other.
The
screen will look like something you're already familiar with and
are used to. When you log into your own VPS, you'll see a
desktop that looks just like your own. There's a background,
icons on the desktop, a start menu, a task bar and a clock in
the corner of your screen.
The
thing I really like about using a VPS is that you can access
your virtual desktop from anywhere in the world. It’s very
simple to use and very convenient. When I travel, I like to login to my VPS to check how my automated
trades and profits are progressing.
Now when you're just getting
started demo trading Forex robots, it's ok to use your
home-based PC at first (sorry mac users), but you'll definitely
want to check out using a Virtual
Personal Server (VPS), especially when you’re ready to
go live with real money, and don't want to have to leave your
computer on all day and night.
I can’t stress how
important using a VPS is if you’re plan is to generate passive
income for many years to come. I got email from a guy who lost
money because of a bad internet connection. If you try to run
your Forex robots from your own PC, you’re asking for trouble!
And if you have a Mac, a VPS is a necessity since the trading
software only runs on PCs.
There
are some VPS services charging $69.99 a month (like Forex Hoster)
whose service, customer support and reliability is nowhere near
as good as others, such as ForexVPS, who charge only $35 for
their Starter Desktop. I personally use ForexVPS
and have no
trouble recommending them to others.
If
you intend to run more than 4 Forex robots, it’s probably
best to go for the Professional
Desktop. At $65 a month you’re able to run six or
more Metatrader4 platforms/ robots at once.
(Updated
5/11/2010 - Be sure and check out the deal that Forex
Harvester has put together with Gallant FX to get a FREE Linux
based VPS below!)
The
“Mutual Fund” Approach
You’ve heard the old adage
“Never put all your eggs in one basket.” Diversification can
protect you - if one stream dries up, you barely feel the bump.
You're stable. You have time to adjust. In other words, you're
SAFE.
In
today’s day and age, many people have at least some of their
retirement funds in a mutual fund. A mutual fund makes money
through diversification and invests in a variety of different
companies.
Some
make money and some lose money, but the majority of them are
profitable over time (hopefully). And if one does go south and
tanks, it can be replaced without a lot of negative
repercussions.
Now...
the mutual fund I’m going to propose you start today is the
one that YOU control (not some money manager). Because let’s
face it, we live in a do-it-yourself culture these days. People
use their computers and the internet to book vacations, shop for
cars and electronics, and buy all kinds of other products and
services.
Technology
allows us to save time, so using it to grow your money passively
is the next logical step in the investing world, and by using
the Forex auto-trading software and robots I’ve already
discussed, it’s something the average everyday investor can
profit from.
One
Potato, Two Potato, Three Potato, Four…
OK,
so you might be thinking, "It‟s hard enough to keep
one income coming in, let alone multiple streams of income, so
how am I gonna manage them all at the same time?"
How
do you build your own mutual fund?
Well
in this type of scenario, you simply buy and install two or more
of Forex robots you like, and as you‟ve already learned,
it‟s really not as complicated as it might sound (and I
personally can handle all of that for you – more on this in a
minute).
Another
question that usually comes up is, "How many robots and/or
streams of income should I have?"
This
is just my opinion, but the more the better. If you have your
money (and risk) spread out over a wider spectrum, you‟ll
always be in a good position to sustain your passive income
long-term.
In
my own portfolio, I‟m constantly researching new or proven
Forex robots to test, and replacing the ones that may not be
doing as well.
It‟s
kind of like gardening… there will always be some routine
weeding to do (and the occasional pests to deal with), but as
long as you manage things properly, things will continue to
grow.
What
NOT To Do
Before
we discuss the formula to your own Forex robot mutual fund, let
me just quickly cover some hazards to be aware of.
Over
the years I've
run across a lot of people that I affectionately call
"opportunity junkies"… these folks end up spending
money on every opportunity that looks good. They think that if
one income stream is good, then two is better, and how about
three and so on...
One
of the reasons many newbies fail is that they take the notion of
multiple streams of income far too literally, and try to do too
much too soon. I admit I was guilty of this type of mentality
early in my investing career as well.
A
lot of well-intentioned people like this put the cart before the
horse, and don't
know how to effectively manage their cash-flow properly before
they start growing their passive income portfolio.
The
trick here is to not allow your "greed monster" that
every one of us has to start making poor decisions for you,
especially when it comes to the amount of capital you decide to
put at risk.
A
better way – The formula that I've
found that works best for creating multiple streams of automated
income using this strategy is simple…
The
first step is to start with just one
robot at a time and
focus on getting into profit with it. I suggest that you do this
BEFORE you add any other ones.
It's
one of the best ways to become comfortable with the way they
operate, and see profits being generated in your account. Every
time I repeat this process, I create a new stream of passive
income. It's
also a good idea to diversify with brokers as well as
robots.
Conclusion
"Pure
truth passes through three stages. First, it is ridiculed.
Second, it is violently opposed. Third, it is accepted as being
self-evident." – Arthur
Schopenhauer, German philosopher (1788 – 1860)
We live in a
global economy that‟s more interconnected now than at any
other time in history, and with all the economic turmoil that we've
been faced with, people are scared and confused about their
financial futures, and rightfully so.
Even the most
conservative, and what most experts would consider
"safe", investments have been hit hard, and retirees
have been left holding the bag wondering how they‟re going
to live off of their meager savings.
Our
poorest decisions are always made out of fear, and if you allow
the negative energy from newspapers, CNN and other media sources
to seep into your brain, you might start believing that everyone
is broke and the sky is falling.
But
the fact remains that money is everywhere – it never goes
away, it just moves and
multiplies.
It moves from one section of the market to another. The key is
to recognize that the opportunity you have right now is way
bigger than the "problem."
Most
people don‟t realize that more wealth was created coming
out of the Great Depression than existed before it began, and we‟re
right in the middle of the most significant wealth creation time
in history. The key is to know what all your options are, and
position yourself accordingly.
At
the end of the day, this is about your life. And knowing that
you, and you alone, are responsible for your own destiny.
The
question is, will you live the life you dream about, or give in
and settle for what you have now? Will you become a hero to your
friends and family, or give in to excuses? Will you do whatever
it takes and take risks, or will you quit when the going gets
tough?
Here's
a great quote I came across when I recently cracked open one of
my old Tony Robbins books: "At some point, you've got to
stop evaluating and start doing."
It
really hit home because I used to spend hours and hours
evaluating various opportunities, etc. At the end of the day, I‟d
just be more confused than when I started, which leads to total
lack of action.
Lack
of action leads to zero results, which leads to failure, which
leads to frustration, and the cycle just keeps on repeating. You
see, the cold hard reality is that this information has nothing
to do with me, because I ALREADY KNOW THIS STUFF and I've
already taken the next step.
I've
covered the top reasons why I believe Forex is the best
investment in the U.S. when combined with trading robots, and
hopefully by now you agree with me. It's unlike any other
investment that I've ever seen in my entire life.
What
will YOU do now?
Will
you do nothing, and go down with the sinking economic ship, or
will you move towards protecting yourself from the
shark-infested waters by diversifying into alternative
investment strategies?
I've
provided all the information you need to get started in this
report. It's now time to take ACTION.
The
entire investing landscape is changing. Just as with the travel
industry, investors are firing their financial advisors... and
adopting their own investment strategies.
Having
said that, no Forex Robot is 100% perfect, and you now know that
Forex trading is not for everyone. But in my opinion, robots
that have a proven track record of results offer a greater
probability of success compared to any other passive
money-making opportunity that exists.
They
allow you to be able to live well even in uncertain times. In a
recession, during a market crash, even during a recovery. This
is money you can count on to keep working for you, even if the
rest of the financial world is tanking, and other investments
look like they‟re stuck in the mud.
No
lying awake at night, staring at the ceiling, wondering how long
it will take to recover from your losses. All you do is set it
and forget it. It's a chance for you and anyone you care about
to tap into what could be a lifetime of endless income. Earn
money without thinking about it. This is "get paid while
you sleep" money.
At
least give yourself permission to discover the possibilities you
have in front of you. After all, if you're like me and you
believe that everything happens for a reason, then the fact that
you've been attracted to this report at this moment in time
means something.
I've
followed the wisdom of people much wiser than I, and this is
what I‟m passing on to you. It's my way of "paying it
forward".
What
we have in the Forex market is what I believe to be the 8th
wonder of the world… Compounded Interest + Compounded Profit =
A very happy camper.
This
market is like no other. Where else do you have the potential to
double your money possibly two, or even maybe three times a
year, AND get paid daily while doing it? I can't think of any
other place, either.
You
can grow your retirement income, put the money aside. Or put the
extra cash toward a new car... a vacation you've always wanted
to take... or maybe save it up to buy a second home.
Use
the money to help put your children or grandchildren through
school... or go back to school yourself, and study something you
love... or make a nice beefy donation toward a worthy cause you
believe in.
But
whatever you do, you have to start somewhere. This is a chance
for you and anyone you care about to tap into what could be a
lifetime of endless passive income.
So
at this point you might be sitting there thinking, "Great,
this is amazing, how do I get started?" And if you're
thinking that, here's the process...
Getting
Started Instructions
Before
starting on your journey to a better future, there are a few
steps to complete before you can start enjoying your hands-free
income. You may have some of them in place already. If so, skip
the steps you‟ve already completed and move onto the next
one.
Step
#1 - Choose an Expert Advisor (robot) to start with. You
can research them on your own, or start out with one or more of
the robots I personally use listed below.
Step #2
- Create a VPS account. As I mentioned before, it’s
critically important to use a VPS virtual hosting account so
your trading robots can run 24/5 without interruption. ForexVPS
is a very reputable service that's been serving its customers
since 1995 with great results. I personally use this service and
highly recommend it.
If you're starting out with
just one to four accounts, the $35 Starter Desktop
is a good choice. You can also
upgrade your account later if you need to.
Please click the link below
and sign up for your own virtual hosting account. Be sure to
choose the Starter
Desktop Option. This will enable you to run up to 5 or 6
trading accounts at one time. However, if you want to trade more
than 6 accounts, choose the Professional
Desktop Option. Click
here to go to my preferred VPS site - ForexVPS
Even though installing a
trading robot is simple and each one includes step-by-step
instructions, many people don’t want to have to mess with
setting them up the first time around and would rather just pay
someone else to do it for them.
If that’s you, then this is
where my installation service comes in. I can install any
trading Robot for you, saving you critical time and eliminate
any need for technical knowledge on your part. My prices are
very affordable and I offer great service. You can read
some feedback from many of my happy clients by Clicking
Here.
Step
#3 - Choose a broker to open
a “Demo” account with.Forex Robots are only
compatible with the MetaTrader4 (MT4) trading platform running
in Windows (sorry, no macs – mac users need to use a VPS in
Step #2). Make sure that the broker that you choose supports the
MT4 platforms since this is a requirement.
To
avoid any confusion and make sure that you open an account with the
right broker, you should contact Mark or Mike at Gallant
FXat
646.520.4530
or info@gallantfx.com
Keep in mind that there are
different account types. Many people like to start with a
"mini" account with 200:1 leverage. The minimum to
open and fund a live
mini
Forex trading account
with most brokers can be as low as $250 USD, but again, it‟s
best to start with at least $500 - $2000 or more when possible.
Again, Gallant FX is a trusted consultant of mine, so don‟t
hesitate to reach them with any questions that you might have. Contact
Gallant FX Here
Here's
my current list of favorite Forex robots
Most
of the robots I review get rejected by me even before reaching
the demo testing phase. These include anything which has been
proven elsewhere to have been a scam, anything which has
categorical negative reviews everywhere on the internet, or any
robot which has the potential to seriously hurt someone's
account.
I
recommend giving each robot you try at least 6 months before you
pull the plug. Each robot uses its own system, and for that
reason, works best in certain volatility or market conditions.
These conditions change sometimes daily weekly or monthly.
Just
because one robot didn't do well last month doesn't mean it
won't make 20% the next month, so keep this in mind. The robots
listed below have produced the most consistent profits for me
after trying over 50 different ones so far that made it to the
demo phase.
They're
listed in no particular order of preference:
Forex
Harvester
- Top
pick for beginners!
At
a cost of only $147 and an amazing win rate, I highly recommend Forex
Harvester to anyone getting started in the Forex arena. Over
the last year and a half I have installed some 50 robots or more
for over 120+ clients. I would estimate 99% of what's being sold
out there is garbage.
I
was looking for a home, a robot I could be proud to promote and
confident in it's results. Mark Marshall and his group at MT4trading.com
have been where you and I are. They've tested out all the
garbage and now have one of the premier robots in existence.
They too wanted to build a community of successful traders where
everyone works together to achieve success.
Mark
was also the inspiration for MeetFX.com
. The first of it's kind, a sort of 'Facebook' for traders and a
place where all of us Forex Harvester traders meet and get to
know each other and share our trading experiences. Registration
is free, so come on over and get
registered and introduce yourself.
Here's
two videos I put together showing the member forums and also the
member's area of Forex Harvester:
Soon
to be released, this new robot from
James at FxHarvest.com
may easily be moved up the the #1 position on this list. I've
been following James and his modified versions of Megadroid and
Fapturbo for some time and I've come to realize this guy really
knows his stuff. He's all results and NO hype and he actually
pokes fun at all the 'hypey' forex robot sites out there.
(Updated
5/10/2011 - The wait for these new trading EA's continues with no
set release date yet. You can view all updates on their forum at http://www.FxConnex.com
)
As
soon as this new robot is released I'll begin testing it
immediately and let everyone know how it's performing. Stay
tuned for my updates to learn how to purchase this new EA when
it becomes available. You can also see some of the actual
testing of this new EA by going here: http://gainsystemics.com/
Keep
in mind that I realize you can buy your robots from anyone. Many
other 'marketers' will offer bonuses for this and that, but NONE
of them offer professional installation and support AFTER the
sale. This is what separates what I do from everyone else. I
will always give my clients the best support and service and
this is my business, so I take it very seriously.
Before
purchasing any EA or robot, please consider purchasing from me.
I can send you a link on request for any robot that's available
and offer you ongoing support that no one else can match. Click
here to contact me
In Summary…
Well,
that pretty much wraps it up. I wish you the best as you begin
your new exciting adventure of investing in the Forex market
with the help of these remarkable robots.
It's
been a real pleasure to share my experience with you, and I hope
you've
enjoyed this report and found value in it. What you do with this
knowledge now is 100% up to YOU. Will this information increase
your income? ONLY IF YOU APPLY what you've
just learned.
I look forward to hearing
about your success, and I wish you much prosperity. If you have
any questions, or comments, etc., please contact me personally.
PS - If you're new
to Forex and want to learn the basics for free, one of the best
websites I've found is www.babypips.com.
It was created for complete newbies. There's also a lot of great
information and reviews at http://www.forexpeacearmy.com
.
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