Episodes
Thursday Nov 05, 2009
Thursday Nov 05, 2009
The No Loss Robot is a relatively new Forex robot (Expert Advisor) that has come to make its presence truly felt in the fast moving and competitive Forex market. It trades automatically on your computer without any input required from you. The program will enter and exit trades for you at all hours of the day and night. All you need to get started is a computer, an Internet connection, and you're set. No big investment required, it works with any account size, and trades all currency pairs.
To begin with, this software can be easily purchased and downloaded. Once you have installed it, this robot will be all ready to trade for you. It has the ability to read and understand complex trading numbers, graphs and charts. Many users have commented that here is a robot that is very independent and is able to work on its own, without any help from its owner.
If you are not confident to begin trading using real money, the developers of this program have made it possible for you to play the market with virtual money. You can start with what is called a demo account and once you are comfortable with the The No Loss Robot trading style, you can switch to trading with real cash.
No Loss Robot functions in a MetaTrader 4 platform which most brokers provide their clients with. It is connected to a Forex broker as long as the platform is open on your computer, and remains connected to the Internet.
The trading system that the No Loss Robot uses is derived from its own manual trading system we used for several years to much success. During that time we came up with our advanced method of determining a trend change quickly. This was extremely important in order to get every possible pip we could from our trades. By entering quickly we were set to get the full run of the trade and exit appropriately.
The No Loss Robot can automatically determine whether the market is trending or ranging and adjust itself accordingly. It will adjust to the market in order to properly predict what the most profitable trades will be.
The Bottom Line:
The No Loss Robot is going to work best for the intermediate level trader and upwards. That means that to get the most out of this program you will need to have some understanding and experience of Forex trading. When you first decide to take the risk and trade in Forex, you need to take it slow and start out small until you get the hang of trading. Do not jump in until you know what your are doing. It is possible to lose everything you have worked for.
Visit http://www.thenolossrobot.com to begin using The No Loss Robot.
Below is an audio introduction for beginning Forex Traders. Have a listen (02:55mins).