Automated Forex Robots - 4 Key Points to Consider to Find the Best

The Overwhelming majority of Forex robots simply don't work and if you want to find one that does, looking at the 4 key points enclosed will help you find the best...

In recent years there has been a huge rise in the number of robots claiming they will help you enjoy financial freedom with no effort and most fail miserably to live up to the hype. Let's get rid of the bulk of them first.

1. Does the Track Record look to Good to be True?

You see them all the time, pay a couple of hundred of dollars and get a track record that is better than the worlds top fund managers. If you see ones with these statements then be very wary of them.

- Double your Profits every month

- Trade with 90% accuracy or more

- Draw downs of less than 1%

- Losing periods of under a week

This is not the reality of Forex trading!

Normally these systems produce back tests and simulations, knowing the closing prices, or present testimonials and trading results that are not independently verified.

Fact:

The top fund managers wouldn't be earning millions of dollars in annual salaries if the Robots worked, they would be out of there jobs and join the world enjoying financial freedom, trading Forex robots for the price of a night out.

Now you can win but look for some evidence of real gains, independently monitored and look for a track record of a few years in length

2. What to Look for in a Real Track Record

So what gains can you expect to see?

The best will do compound growth of around 30 - 100% per annum and the higher the gain, the bigger the draw down. You can normally expect a peak to valley drawdown of 20 - 50%, depending on the risk profile of the system. A typical drawdown will be a few weeks to a few months.

The gains are excellent - but you have to ride out short term losses, all the best traders do and you will as well.

3. Know the Logic

Never buy a black box system where the logic is not revealed. You need to know the logic to have confidence, to follow the system with discipline.

4. Support and Ease of Use

Look for good, prompt support from the vendor. Dry run the system to make sure everything is in place before you trade real money, don't just jump in, make sure you are prepared and are confident in operating the system.

Long Term Profits in 30 Minutes a day or less

The best robots will give you great long term profits but you have to have the confidence to apply them with discipline, as you need to take short term losses to make long term gains.

If you do the above, you could soon be making great long term gains with an automated Forex robot and enjoying currency trading success.
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Help Desk Outsourcing

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Free Web Hosting Tips


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Hints for finding the best free web hosting service

Generally it is best not to choose a free hosting package with more features than you need, and also check to see if the company somehow receives revenue from the free hosting itself to keep it in business. As already mentioned, it is best to try to get accepted to a more selective free host if possible. Look at other sites hosted there to see what kind of ads are on your site, and the server speed (keep in mind newer hosts will be faster at first). Read the Terms of Service (TOS) and host features to make sure it has enough bandwidth for your site, large webspace and file size limit, and any scripting options you might need. Read free webspace reviews and ratings by other users on free hosting directories. If you don't have your own domain name, you might want to use a free URL forwarding service so you can change your site's host if needed.

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It would be awfully hard to recommend any free web space host and someone not like it, as different people need different web hosting features and have different priorities, and the webhosting quality may change over time. Also some people want free domain hosting (you own the domain), and others might not be able to buy a domain name. Here are some of the most recommended free web hosts, and their main features.

50Webs (http://www.50webs.com/) gives you a URL such as http://you.50webs.com/ (or you can use your own domain name), and offers 60 MB webspace, POP3 email, and unlimited bandwidth. You can upload via a file manger or FTP import. There are no ads or popups placed on your hosted web pages. You can setup multiple addon domains and subdomains under the same web hosting account.

Yahoo Geocities (http://geocities.yahoo.com/home/) is controversial. Many people hate the ads they put on your site or its other limitations, but it is one of the oldest and most reliable free web hosts. Your URL looks like http://www.geocities.com/you . They give you 15 MB webspace, file manager and editor, web-based Email, and statistics. The bandwidth limit is 3 GB/month, and the file size limit is 5 MB. You can upload several file types such as RealAudio, RealVideo, Flash, MP3, and Java, but other scripting is not supported.

source : Free-webhosts


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