The biggest reasons why people fail at at currency trading is because traders suffer from FEAR and GREED. In crucial market conditions, we lack confidence, we have fear of what might happen, and most importantly, we are very (95% of the time) inconsistent. In times when we have good trades running, we 'leave money on the table' hoping that the ride will continue indefinitely. Unfavorable market twists and loss make us jump out of a good trade prematurely. This cycle of inconsistency due to emotion explains why, 95% of traders lose money in forex. They will consistently give away their money to the other 5%. Similarly patience to wait for the best forex signals often eludes us. Sitting at the screen, studying the markets, developing forex strategies, identifying trends and patterns for long hours is not a pleasant task.

Robots beat humans at chess, and they beat humans at trading too. Automated forex trading (Forex trading robots) is becoming increasingly popular among forex traders. Typically, the Forex robot watches the market for you, placing trades under certain parameters (strategies), avoiding the fear, greed, inconsistency, impatience and lack of confidence that many traders suffer from. On autopilot, your forex auto-trading system works for you 24/7 leaving you to sit-back and watch your portfolio grow.

There are numerous forex trading robots in the market today. However, FAPTurbo robot, MegaDroid Robot and LMT Forex Formula dominate in popularity among traders perhaps because of the high percentage consistency of their results, proper money management, and the excellent support service that comes with these products. If you really want to learn about the fundamentals and technical details of forex trading, then I recommed your get Peter Bain's Forex Mentor trading system. It is regarded as THE leading forex trading course on the market.