Monday, February 18, 2008

Forex Autopilot System Review

There are plenty of ways to make money on the internet nowadays, but they usually require you to have your own product and website, which involves a lot of your time and energy and which is not even guaranteed to make you money.

Forex Autopilot System is a unique program that allows people who know nothing about trading on the forex market, to make thousands and thousands per month.

Forex Autopilot System was created by Mark Copeland, who starting trading forex 8 years ago. He was an analyst at Goldman Sachs's, and while he was there he researched the huge complicated system that the big boy uses to make killer trades for millions of dollars.

He has now researched and came up with the Forex Autopilot System, a simple piece of software able to run on your pc. The system only uses the most advanced technologies, running on hundreds of computers. The system runs on the Meta trading platform, which is the most famous trading platform in the forex world.

You can start with as little as $100 on a real forex account or learn the ropes on a demo account without risking any money at all.

Reliable and consistent, it works everyday even when you are not at home, because it is fully automated, which means you just watch it work for you.

Once your have downloaded the program it takes about 15-20 minutes to setup the system for it to be ready for trading.

With this autopilot system you can expect to make around 5-25% return per month. And that means with this system you can make 75 pips or 150 pips ($7500 or $15000) per month, it all depends on your trading capital.

If you are interested in learning more about the Forex Autopilot System you can do so by clicking here.

21 comments:

cfloydii said...

I am very unhappy with the program. It opens up trades without a stop loss. This happened on 2 separate trades and currently I have an open trade with a loss of -340 pips. I have sent emails to the company requesting help and explanations and they have not responded. The hype does not appear to live up to the actual experience of the system. I cannot in good conscience endorse this EA based on my own experience.

bret freak said...

I have been forward testing this program now for about a month now and it has made 23 trades now all of which made a profit.

I do believe that it does work over certain periods of time, however the big downside is that it does occasionally have a loss that is quite substantial since there is no stop loss placed.

Bret.

myoptions said...

cfloydii's comment clearly shows that if you have zero knowledge of FX, this EA is not going to be some end all, save all, financial solution for anything. You need some knowledge of manual trading to be able to properly set the parameters on the EA. Also, it needs to be said; STOP/LOSS is a little tool created by the weak losers not by winners. Drawdown is necessary and you have to have to ability to stomach it. If you cannot stand a little -340 PIPs and it really is small, stay the heck away from FX trading.

Weezer said...

I really happy with this Forex system as well. I'm having a hard time learning the ropes but, I still believe this is the best Forex system out there. Thanks, Forex Autopilot

Unknown said...

I would like more information on the trading they have done using the robots and why the program doesn't use or have stop loss. If the creator of the program worked for a well known company, for me if he created this software without being able to place stop loss, now I would know why he isn't in that well known company.

Unknown said...

Not biased one way or the other about Forex Autopilot, but.....I observe that everywhere I go for an honest review I get a push to buy the system. Hmmmm....Also, no audited results anywhere. I'm just saying......

Finally!! Something that works said...

i think i understand why....everyone is trying to sell it..they make 66.00 for every one sold...no wonder no one is cutting it down

looroo said...

Complete customer rated and reviewed forex autopilot systems can be found at http://www.forexautopilotsystems.com/

Unknown said...

I have been taken out of the trade many a time when a stop loss was in effect. It's like they know your out there below the market and they trade down just for a moment to take you out. This program avoids that forex problem

Jim Davy said...

I recently got it. It has already started giving me good returns. Will soon submit a review of my own at http://siliconforexexposed.blogspot.com after analyzing the track record for 6 months.

Meanwhile there are couple of more autopilot sofwares that are giving me good returns for quite some time now and have already proven to be very reliable.

The reviews can be found at http://siliconforexexposed.blogspot.com

Anonymous said...

I would like to comment about the product: Forex Auto Trader.

It has been quite an unfortunate experience for me. I wasn’t going to publically complain. I just wanted to take my losses and just get a refund. But oddly enough it was the people at Forex Auto Pilot that caused me to write this.

I purchased Forex Auto Trader and found that it nearly blew up my account several times. Without a stop loss, it tended to be hanging low and took many days to even get close to recovering the losses.

I put it away and just emailed them for a refund.

Then, about two days ago I get a call from a fellow named Cody, at 800-810-4951 x211 who represented Forex Auto Pilot. He called and left me voicemail. Since I wasn’t interested in the software anymore I let it go. He called again… and again… Finally while on the way home from work I took his third call.

This is where it gets interesting. He began by asking me how the software was treating me. I told him “not too well” and explained how I had been running in a high negative. I mentioned I was over it and just going to ask for my money. Rather then just say “sorry” he decided to argue with me.

Cody begins to tell me it’s my fault. He starts by getting a bit condescending and tells me that people like me don’t know anything about Forex or EA’s. I mention that another EA i use has been working better with little to no loss, as it has adaptive stop loss.

Cody at that point says “it’s a different market.” I say “no, same MArket… Eur/Usd…”

I tell Cody I don’t want to debate it… I just didn’t like it. Again he goes on about how i’m not educated and that I don’t understand how F.A.P. doesn’t work in a market that is driven by fundamentals. He also says I need to be educated on Forex itself… which is odd considering that the website for FAP says you don’t need to know anything about Forex.

At any rate, I tell Cody that while FAP was dragging at the bottom, I made trades on my own, based on fundamentals - as a novice Forex trader and made a couple hundred bucks during those sessions that somewhat compensated for the FAP loss. Cody tells me, “Let me save you some money and give you some education… no EA will work right now. The market is fundamentally driven.” “But,” I reply, “this other EA is working in the same market, while FAP isn’t working for me…” he gets quiet.

At this point I’m wondering why he called me in the first place. AFter all, according to him, no EA should be working in the EUR/USD market… so why would he bother calling people to say “How’s it working for you?”

While I’m in mid conversation with him he hangs up on me.

Throughout the whole conversation I didn’t say one mean thing to him. I was nice. I didn’t want to argue. I just felt if he’s calling me, he should take the comments and pass them along. Instead he got defensive, argumentative and even condescending. Ultimately he hung up on me.

Pretty poor customer service.

I’m still waiting for my refund.

Chris said...

I purchased Forex Autopilot as well as Forex Funnel and so far I am very impressed with the performance of Forex Autopilot in the forward testing I've been doing.

You can see my trading results in my blog at: http://fxtradingreviews.com

Chris

karraxJ22 said...

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Johnny

http://www.investingforexclub.blogspot.com/

Unknown said...

This system forex autopilot is a real scam . it produces small profits and huge losses.there is no optimal set up defined in manual. this software opens trades at where possibility of loss is too much. I always see that when this software opens trade market goes in opposite directin . i am using this software since last 7 months but this is loss generator only. One thing i will say use this software on demo account and in real account make opposite transactions you will get profits.
If someone is having contrary view mail me at kaisarimam96@yahoo.com and i will give you proof which no body can deny.

myoptions said...

Uh, why are you still waiting for a refund? When you can go directly to ClickBank and file a refund and get it in 2 days at the most? Also, I am not a huge fan of EAs but this EA as with most EAs have the parameters to set your Stop/Loss so why do newbies with zero knowledge keep harping on this EA not using stop/loss? The fact is, if you have zero knowledge and experience, no EA is for you. Get this through your thick skulls already. And get your refunds through clickbank.com !!!

Unknown said...

I've never known any of these autotrading software programs to work for forex traders, especially for newbie's. There is still your own psychological element to it and if the robot loses you money you will stop using it based on fear of loss -- and thus it won't work for you.

Learn some simple mechanical forex strategies and trade price action. If you want to know what the successful home-based traders are doing. That's it.

JTF said...

DO NOT LISTEN TO HIM!!!!!!!!!!!!!!!

He is simply trying to sell the product so he can can get paid commission for marketing. When you click on the link, you get:
http://www.forexautopilot.com/?hop=xorleinad

The "=xorleinad" is how he gets paid!

Don't be fooled. If this robot (or any others for that matter) works, we would all be multibillionaires already. Why would they need to try so hard to sell the robot if they could have all the money they'll ever want with the robot?

JTF said...

Hi myoptions:

I like no stop loss too, but I think that is something you can do better manual trading. If you are hoping to make multiple trades in a day for fast turnovers, maybe with help of a robot, perhaps in order to get forex rebates, then you'll need stop loss. Otherwise, your money could be stuck in loss for days, weeks, or even months before the market reverse.

ronball2 said...

If everybody has this software...how then si everybody going to earn when all of you are trading against each other? I hope someone could explain. I'm still reading reviews and not yet ready to buy the software.

VinnieForex said...

I did more than 10
Profitable Sets!
Who told that is not good this EA!
Check this out.
Two weeks 235% pure profit!
http://www.myfxbook.com/members/vinnieforex

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