Lots of traders think they are going to spend a hundred dollars or so and sit back, as an automated Forex trading system makes them a huge income and they're naïve, because the reality is the packages sold heavily online don't make the gains they claim.

If you look at these software packages, not one produces a verified track record which means - an independent audit of real money profits.

You do get simulations going back in time, over past data but its easy to make profits knowing the closing prices but when you trade forward, you don't and that makes things a little more difficult. Other vendors present gains they say are true but there is no independent audit and don't know about you, I would like the figures checked, rather than rely on figures from the vendor selling the system.

The fact is in Forex trading 95% of traders lose money, so it's obvious making gains, is not as easy as plugging in a bit of software and watching it make you rich. If I came up to you in the street and said - give me a hundred dollars and i will make you rich, you wouldn't believe me. If you think about it, that is exactly what most automated software packages say and a huge number of people believe them!

If you want to win at Forex trading, you need to learn the basics. You need to get skills and apply them with confidence and discipline if you want to win it really is that simple.

The good news is anyone can learn to trade Forex and anyone can win and for the amount of work you have to put in, the rewards for this effort are enormous.