Automated Forex Trading systems are sold cheaply online and the message is for spending a few hundred dollars or less, you will get rich with no effort but these systems all fail to deliver profits for one simple reason which we will discuss in this article.

There are of course some Forex trading systems which make money but the cheap software packages which are promoted heavily online. These systems claim better track records than the world's top fund managers (with less drawdown) but never produce any evidence of doing so themselves which is independently checked. All you get is the following:

1.Simulations on paper over past data, knowing the closing prices which anyone can do.

Or

2.Trading figures from the vendor, you are supposed to accept without a third party check.

The fact is, if these systems really did make the gains they claim, they would be producing gains with less drawdown, than the world's super traders who are on multi million pound salaries however no serious trader or investment house would use these systems because they don't work. If they did work, the world's top traders would all be sacked and everyone else, would pay the cost of a night out, for an income with no effort for life!

Automated Forex trading appeals to the greedy and nave investors but instead of making easy money, they lose all their investment quickly and wonder why it happened to them! Well if you have read this article, you will know the reason and can avoid making the same mistake.

Forex markets can make you a lot of money but you need to take trading seriously and that means learning skills. If you think you will make money with no effort, with a cheap automated Forex trading system, the market will give you a reality check.

The good news is anyone can make money at Forex trading and it doesn't take long to learn.

If you get yourself a good Forex education, you can learn to trade in a couple of weeks and then be making big profits in around 30 minutes a day.