Tradingfromhome offers a Forex trading robot (automatically places trades in your Forex account.)
I purchased this product and ran it on a demo (play money) account for 2 or 3 days. The robot approximately doubled the demo account balance. I decided to attach it to my live (actual money) Forex account. Within 8 hours the account balance decreased from $600 to $187, this was overnight.
When I contacted the vendor, Tradingfromhome offered an advanced course for thousands of dollars, I don't remember the exact number. Needless to say, I refused the opportunity.
This robot takes small profits often, but uses very large stops. This means that, should you experience two or three losing trades in a row (happens every now and then) your account will be either destroyed, or most (or all) profits from all the little gains will be wiped out. This is a perfect example of non-existant money management in a trading system. Always fatal.
Do not invest in this system, unless you want some very expensive entertainment.
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