Archive for April, 2010

Shocking Truths About Forex Robot Back Tests And Forward Tests

Retail forex market is experiencing unprecedented growth. It is expected that this market will contniue to grow at an accelerator pace in this decade. This phenomenal growth in the retail forex market is being exploited to the fullest by the forex robot vendors. Every day, a new forex robot is being introduced by these vendors with tall claims. When you take a look at the forward and back test of these robots on their websites, you feel impressed. Most of these screenshots are nothing more than marketing gimmicks to entice novices to buy the robot. When these robots are put through live testing, they fail miserably. Most of these websites have been designed solely for the purpose of marketing and selling that robot. Almost all these websites talk about Back Test Results. Let’s discuss what these back test results mean. A back test is done when you use historical data…

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