Is Forex Accumulator a scam? Most people have heard of automated trading robots before but are generally very skeptical about their potential to earn an income online. In order for a Forex robot to be profitable, it must first be programmed with a tested and proven trading formula that has worked to make long term profits before.
Therefore, it is crucial that you find out who programmed the system and whether or not they have had success in currency trading before you buy and use any trading software. Since its release on beta version, it has helped me more than double my account in less than 6 weeks and I am very satisfied with its performance so far.
1. What Do You Need to Become Profitable with the Forex Accumulator Software?
Having a good foundation in Forex trading knowledge is always useful for making money on Forex, but the fact is that Forex Accumulator does not require its users to have much knowledge about currencies trading. There are already people with absolutely no knowledge and experience in Forex who are making a full time income with FX Accumulator. The robot makes all the decisions for its users based on the analysis that it does based on its internal analytical tools and indicators. The user only needs to watch the robot carefully to ensure that all the settings are correct.
2. Can You Really Trust the Forex Accumulator Software?
The most important thing that I checked at first was the historical performance of the robot and how much maximum drawdown it has got in its history. Having used Forex Accumulator for a while now, I would not say that it is perfect. It does make some losing trades occasionally, but I would advise against exiting any trades manually even if you think your trade is heading for a loss. I have found that it is best to stick to the system regardless of circumstances; otherwise I always ended up losing more money.
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Source by Andrew Remedios