What Does Commission Free Forex Trading Really Mean?

I know if you have been involved with forex for even a little while, I am positive that you must have heard about the forex expert advisors. Quite frankly, these trading robots are garnering a lot of hype. But a lot of people are wondering if you can make money with forex expert advisors?Well, I'd recommend that you check out some of the threads in many popular forex forums on the internet. I'm sure you'll find your answer there. I think you'll find hundreds, if not thousands of dead forum threads, where traders start demoing these expert advisors, and they can never reach long term profits.

Why do you think that's the case? It's really quite simple. It has to do with the facts that the markets are just not programmable. Beyond that, why on earth would you let a robot do all the trading on your behalf? How about the fact that you can't trust most forex brokers.I don't think I'm letting any secrets out when I say that many forex brokers are known for their somewhat questionable practices. I think we've all experienced stop loss hunting on our accounts.

How can you possibly trust a broker to take trades from a robot? How can you know you are getting legitimate entry and exit positions.Also, stop and think about how much news happens during a trading day. Can you truthfully expect a forex expert advisor to be intuitive enough to be able to understand the news that comes out, much less to be able to trade it?

When you look at a statistic like only 5% of forex traders make money forex trading, I can't help but think that many new traders are completely depressed at what they think is an uphill battle.  They probably think it's nearly impossible to make a living trading the market. To that I would say, that's rubbish. Don't let it get you down that a lot of traders are struggling.  There is are reason for that.  It has to do with the fact that so many traders don't really take the time to learn the ABCs of trading.  They have fallen into that "shortcut mentality".








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