Forex Expert Advisors - Finding the Best Forex Expert Advisors to Help You Win
The problem in finding a good one is - anyone can claim they are a forex expert advisor (and they do) but very few are. The way I am going to judge a forex advisor is on being able to deliver what they say. Now let's get rid of 90% + of the forex advice that WON'T help you.
Beware of the Back Tested Simulation
Most Forex advisors present track records as evidence that they can lead you to success but in most instances these track records are not real. They are normally a back tested simulation. This means they take some data and make up a track record knowing the closing prices and put done in hindsight or simulated on the disclaimer and this of course proves nothing in terms of you achieving success.
Ever wondered why those forex robots can have such great track records and there sold for only about $100?
Well look at the track record and you will see it's a back test! Same goes for all the forex scalping and day trading systems you see. It's pretty obvious this methodology doesn't work and that's why they have to make up track records.
Keep in mind that you cannot spend paper dollars, only real ones. Many traders are naïve or greedy, or both and fall for these hyped, unproven systems, don't make the same mistake.
So where can you get good advice?
There is plenty of free advice online and if you intend using forex charts you can find everything you need to build a forex trading strategy for success. We have written on the best searches to use so look them up.
Your Online Bookstore
You can get forex trading experts who have walked the walk, rather than simply talk the talk, these are the true greats and many share their wisdom in investment books. We recently did a top 10 of the best investment books for forex traders and they cost around $100 - now that is a good investment!
Currency Trading Courses
The best currency trading courses are by traders. There are some good ones around and they will come from the angle of they can teach you the tools and cut your learning curve but its up to you to apply them for success. Look for one with a money back guarantee.
You don't get rich with no effort and in forex trading you need to learn all the basics, because you are going to need to have confidence in your forex trading system to apply it, with discipline, through losing periods, until you hit a home run.
You are unlikely to follow any system with discipline unless you understand it.
If you want to get good forex expert advisors, there is plenty of free material, some excellent books, from the top traders and some good solid currency courses, with money back guarantees.
Use these sources and they can help you enjoy currency trading success.