Excel Create Formula That Finds The Percentage Of A Number How to Use Forex Robots to Successfully Day Trade the Currency Market

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How to Use Forex Robots to Successfully Day Trade the Currency Market

There are many so-called robots that claim to make you millions in the forex market while you sleep.

I’ve personally tried several of them and while they sometimes work, it’s not the holy grail. Forex trading, especially day forex market trading, is very difficult.

You can make money fast but you can also lose it fast.

So how do we do it? How can we use robots to make money for us? Or can we?

Well, I found a way that works for me. My way of using robots is to make me money but not much. In other words, don’t be greedy.

Greed is the worst thing we have. This feeling can destroy us. So now that we know the problem, how do we control it?

Well that my friend is where you come in. What makes me happy, may not make you happy. For example, I may be happy to make 15 pips a day but you may want 25 pips a day or more.

So we need to trade off and if we stick to the formula, I believe we can make money using forex robots.

To give you an example, if you make 15 pips in one consecutive day, that equals $150 per day. In a month, it gives me $3000. Working a few hours a day isn’t bad, if at all.

When I trade, I make an excel sheet that tells me how much risk I can take with my capital and as the capital increases, I increase the risk (percentage risk remains the same).

There are some robots that will do this automatically for you as well.

If you need more information about the robot I am talking about, please feel free to visit http://www.cyberprofits.biz/forextrading.htm.

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