When FAP Turbo came out, it sold like hotcakes and it made quite a few people very rich with its scalper tool. Today, it is still selling very well.
But a new bot has come into the picture, IvyBot. And it is gaining in popularity!
It says that it provides 98% accuracy. It also says that this is a 100% hands off approach to currency trading.
One very interesting point I found is that the creators do not believe in back testing. They say that just because a Forex robot performed fabulously in a back test, it does guarantee that it will work in the current market. Thinking about it. That is kinda true. Something that did well in a back test months ago, may or may not do so well right now. Market conditions change all the time! Who knows what the market conditions were back then during the test.
With that in mind, the creators, successful Forex traders themselves, keep an eye on the market for you. When they notice that things change, they update the IvyBot so that it continues to perform well. Not bad, not bad at all!
Check it out for yourself: IvyBot!
Monday, March 1, 2010
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