The vast majority of forex robots lose money even though they claim to have made much money. If you are wondering why they lost, due to curve fitting. If you do not know what it reads.
First let's reveal the truth about all the records, it is impressive to see the track with huge gains that we expect so good to be true, they are. The reason they are so well designed that is looking back, the test on the price action now!
That's it - until it became a reality on paper and not negotiable. The background to this general rule, take warning.
"CFTC RULE 4.41 - Hypothetical or simulated results have certain limitations. Unlike a record of the actual results, simulated results do not represent actual trading …."< br />
Then in little more time to explain how this history is not indicate future profits - but that's obviously not worth anything - like most robots currencies.
Now let us look at simulations do not work in practice.
Some sellers do not care if the system makes money or not - but others do and really try to make it work and simulate a system, but just as the bending rules to fit the data and, of course, this custom work.
data never repeats itself exactly the same again with the fact that it has doubled the rules to fit a piece of information that does not work on another piece of information and of course, where the trade can not change the rules.
Any trader, if you are looking for change in the construction of robots or the system itself has to be aware of curve fitting. To prevent
locate the next record on a track to prove his curve is not installed. There are only a few rules and they should be the same all the time for all market conditions and work on all currencies in the same way.
This will ensure a robust system, but you will not find in most of the robots you see for sale online.
last
Forex robots have a bad reputation - but there are some real fishing around, with a real good solid gains and This means they have some results that can look and see the potential there. Do not trust a foreign exchange trading system with a simulated trajectory, as you curve fitted, go to the evidence of actual cash made.
Mail this post





