Forex AutoPilot System and Forex acim audio are 2 of the leading currency trading systems available. There has been much debate recently about which system suits which trader. In this article I will strip them back and reveal their strengths and weaknesses, and also unravel some myths that seem to be circulating about them.
Forex Robot Or Forex System?
Ideally it depends on your level of experience in fx trading and what you want to achieve which will determine whether you choose Forex AutoPilot System or Forex Miracle. Forex AutoPilot is what is known as a forex robot – or automated currency trading system. Essentially you load it up with a bunch of presets – the defaults are ‘meant’ to be the most profitable, then you let it do its thing. Forex Miracle on the other hand is a completely mechanical fx trading system. The creator’s of forex miracle, Mark Kaplan and Kevin Hansen have literally devised there most effective trading strategies and documented them in the product. All you need to do is manually trade and follow the included instructions step-by-step.
Forex AutoPilot Strengths
FAPS allows anyone with minimal trading system to begin trading immediately. While some knowledge of forex is advisable you do not need to watch the system like a hawk. Complete automation means you have more time to do other things.
Forex AutoPilot System Weaknesses
There has been quite a bit of bad press written about FAPS and in a sense I can understand why. The product does not have that detailed instructions nor educational material for newbie traders. Furthermore the settings do need to be experimented with – specifically the stop-loss setting which is crucial when you are trading with a robot.
Forex Miracle Strengths
Forex Miracle as mentioned is a purely mechanical system – literally step-by-step formula to trading successfully in certain conditions – which are relatively easy to find in the marketplace. I think the major plus of Forex Miracle is that you do not need a large amount of upfront capital to get results – in fact the system was designed with this in mind. It also comes with very clear definitions on currency trading and how to trade effectively in today’s economic environment.
Forex Miracle Weaknesses
I thought the presentation of the Forex Miracle EBook was a little cheap – but I guess you are paying for the quality of the information not the presentation. Another negative is that you will need to invest time to firstly find and duplicate the settings and conditions then execute your trades with success. With an accuracy rate of over 90% I guess it’s probably worth the extra effort.
Forex Autopilot System and Forex Miracle are both worth considering if you are looking for a trading system which can leverage both accuracy and time for profit. I believe Forex Miracle is best suited to newbie trader’s who are always looking to invest as little capital as possible. Forex AutoPilot System on the other hand requires experimentation, decent capital and experience to get maximum results.