FOREX TRADE

Many traders want to use automated trading systems but what is a realistic amount you can make with the best ones? Let's have a look at growth rates to drawdown of the best ones...Now we should take a look at the risk and reward involved, but first we really need to have a reality check. There is a myth of the simulated profit that is sold by the vendors.There will be so many robots out there claiming gains of thousands of precent per annum and even per month but keep in mind this is back test.. This is acctually the vendor taking a segment of data, buys and sells, any where out of the recoreds(knowing all the highs and lows!!) and then presenting them as a brilliant track record.Now it's pretty obvious, if you have all the data to hand, you can make huge profits even a kid could do it. That's not the world of real trading though its fantasy. In Forex, you have to trade without knowing the price and that makes things a little more difficult.Well, Le't step away from all the simulations and look at how the realistic numbers work.Growth Rate and drawdownIt's always the same story, the bigger the gains the bigger the drawdown.In over 25 years of trading the best automated Forex trading systems I have seen ( and I have reviewed and tested hundreds) will generally produce 30 - 100% annualized gains over a 3 year holding period and drawdown is normally between 20 - 50% and the duration to recovery is normally 2 - 6 months and these are the best.Never trust a system that says it has little or no drawdown. Forex robot trading is actually not a quick way to riches it's a long term investment.You could of course make a lot of money bouth over a long and short term periods but you will have some loosing periods so you should prepare your self for this.