Million Dollar Pips

Posted on August 13, 2011 by Jonathan 81 Comments

Welcome to my million dollar pips review, Jonathan here.

Thanks for checking out my Million Dollar Pips Review blog, you’ve arrived at the right place if you are looking for a comprehensive review of the this forex robot software, which was written by William Morrison, a man who has been a software developer for over 18 years.

Firstly, I just want to clarify that I will be giving you an unrestricted unbiased and honest review of William Morrisons Million Dollar Pips Forex Robot Software.  What you are about to read are the ESSENTIAL details you need to know before grabbing the forex robot software for yourself.

This is a review site: Click here to visit William Morrisons million dollar pips Official Website

So what exactly is William Morrisons forex robot software?

million dollar pips review‘Million Dollar Pips’ is a Low Risk Forex Robot, where only the best trades possible are carried out by the completely automated forex robot.

This software was developed and built by William Morrison who has over 18 years experience in software development.

The software is designed to trade on the forex (foreign exchange) automatically and comes with a very simple step by step guide on how to set it up for low risk trading and to start making profits, literally set it, forget it, earn it.

I must be honest and say when I first saw the software set-up, I thought is that it, is that all I have to do to start making money, believe me it is so very simple, which suits me, I hate software that is complicated it drives me crazy.

His software took him 1.5 years to perfect until he got what he was striving for – the best forex robot software on the internet.

Here’s exactly how the software works:

Once you have downloaded the forex software, you will be shown how to input the data needed to start forex robot trading, I found that the instructions on this part were very easy to understand, straight forward and well written, this is push button software at its best, I love simplicity.

Click here to visit William Morrisons Million Dollar Pips Official Website

So basically you just install and configure and that’s all you need to do, easy.

So, after the initial setup I sorted out the settings then just let it run automatically while I went and made a cup of tea and ate a cookie, guess what, when I came back the software had actually made me some money and because this robot only has a few pips for a stop loss it means it stops trading when it knows it can’t win, so you can’t lose.

I couldn’t believe it actually worked, so now all I do is set it and forget it and wait for the profits to keep building, and they do, day after day.

What are the BAD things about Williams’s Million Dollar Pips?

Just like every product and book I have ever reviewed, nothing is perfect and here are the minor flaws I noticed after using Williams product:

Ummmmm………actually I could not find a single thing wrong with Williams product, I tried to think of something as I always like to have at least one negative about a product so it looks like I am being unbiased, but honestly, I can’t find any fault with it, so there.

Click here to visit William Morrisons Million Dollar Pips Official Website

And how about the GOOD things about Million Dollar Pips?

- Its very accurate, which is very important when using software that is dealing in your money!

- It’s very simple to use, the interface and push button step by step guide is spot on.

- It’s fully automated, you can leave Williams forex robot running and go out for the day, come back and it will still be running like clockwork making your profits rise, brilliant.

- It has a safe and unique scalping strategy, Scalping is an intra-day technique that usually has the trader holding a position for a few minutes, so more time to make a profit, sounds good to me.

-Effective money management, easily handles your money management.

- No Martingale, as discussed in my previous post (A Martingale is a probability theory, a sequence of random variables).  Its like a betting strategy and you sure don’t want to bet with your money do you, so this piece of kit is guaranteed to boost your profits.

- Its NFA compliant, The National Futures Association (NFA) is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States, so basically its looks out for you, it protects investors from fraudulent commodities and futures activities, which is a very good thing indeed when Forex Trading.

Overall, what do I think?

Million Dollar Pips, in my opinion is one of the best no nonsense Forex Robot on themillion dollar pips market.  William, the creator comes across as a man who has real expertise in the software field and has developed a fantastic product.

So if you want to start using on of the best forex trading robots the easy way and make profits while you sleep then why not give it try.

You won’t regret it!

Hope my webpage has helped you, and thanks again for checking out my Million Dollar Pips Review.

Click here to become one of our partners

Jonathan.

Click here to visit William Morrisons Million Dollar Pips Official Website

If you would like to contact million dollar pips review then visit the contact us page.

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What is a Forex Robot? – Inspired by Million Dollar Pips

Posted on August 12, 2011 by Jonathan 45 Comments

What is a forex robot?

A few years ago if someone said to me “have you seen that new forex robot“, I would have assumed they were raving on about the latest recruit on Robot Wars!.  So if someone was to ask me now “what is a forex robot?”, I would say to them, read my blog, either that or talk them to death over a pint of lager down the pub.

Because you are reading this article I am assuming you don’t know what a Forex Robot is, or you have an idea what it is but want a more detailed understanding, so if your scratching your head right now thinking “what is a forex robot?” then read on my friend.

What does Forex Trading Mean?

Forex is short for Foreign Exchange Market (Forex, FX or Currency Market), its designed for currency traders to make profitable trades more times than not.  The foreign exchange market determines the relative values of different currencies.  The average daily turnover in global foreign exchange markets is estimated at $3.98 trillion.  Its called foreign because you are dealing with different currencies from around the world.  So, basically a Forex Trader will buy a certain amount of one currency using a certain amount of a different currency, got it?, good, lets move on before I lose the plot!

What is a Forex Robot?

A Forex Robot is a computer software designed to blend with whatever forex trading platform you are trading with.  Its like floor trading but done electronically by users from any location.  The forex robot software will manage all your trades in every way from start to finish.  It is referred to as a robot because it copies all of your actions but without the emotional mistakes sometimes made by humans.

So, instead of a human wanting to speculate on upcoming changes because they had an ‘urge’ or ‘feeling’, a forex robot will study the charts, crunch the numbers and base their trades on scientific calculations, our human emotions sometimes won’t allow for this kind of thought process whereas a robot has no feelings (or do they…?….umm….anyway lets get on with this article shall we).

A forex robot initiates a trade based on a most likely profitable end result.  If the robot loses a little it won’t start crying and throw more money at the problem like a human might, if the robot wins big it won’t whoop for joy and throw more money into it thinking it will win big again, like I said a forex robot will trade based solely on number crunching data and make the most favorable decision based on what it sees as the most profitable outcome.

Forex robots can lose money but all in all they don’t.  A forex robot has a built in algorithm and will cease operations when it knows something has gone terribly wrong with the market, making it a very valuable product to have if you are a trader.  Whereas a human will  panic when losing money a forex robot will just simply stop trading altogether, thus reducing your losses compared to a human trader.

There are many different Forex Robots on the market today, the one I will be reviewing is the Million Dollar Pips, go to our homepage to see the review and you may just find the best forex robot on the market.

So, now you know what a Forex Robot is, why not give it a try, you may find that its just what you’ve been looking for to help you purchase your dream car.

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The top ten things to consider when looking for the best Forex Robot

Posted on June 25, 2011 by Jonathan 24 Comments

Most forex robots on the market do pretty the same thing, however, there are some on the market that do more than others, the following is a guide to finding out what functions are the ones to look out for to give you the most profitable results and find the best forex robot.

What to look for to find the best forex robot.

The best forex robot will have the following attributes:

1) Accuracy: Its no good having a flashy robot if its not accurate, accuracy is the key to winning or losing, if its not accurate it would be like having an expensive watch that always shows the wrong time.

2) Simplicity: If the layout is too complicated to get your head around it can be disheartening, there have been a few that I have purchased where I have just stared at the computer screen and thought that my head will explode with all the confusion, make sure its simple, period.

3) No Martingale: (A Martingale is a probability theory, a sequence of random variables).  Its like a betting strategy and you sure don’t want to bet with your money do you, so make sure it does not have a Martingale built into the software, don’t forget you need to find the best forex robot in order to make money.

4) NFA Compliant: The National Futures Association (NFA) is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States, so basically its looks out for you, it protects investors from fraudulent commodities and futures activities, which is a very good thing indeed when Forex Trading.

5) No Hedging: Hedging is a financial term which basically means investing money to offset potential losses, make sure your Forex Robot does not have hedging.

6) FIFO: Make sure it follows FIFO, which means first in first out, its like a queuing system, a processing technique if you will, what comes in next waits until the first is finished, etc.  So make sure your robot does the FIFO (sounds like a new dance craze!)

7) Money back Guarantee: Make sure the seller has a moneyback guarantee, I always try to purchase products that have a money back guarantee, I find it makes life more pleasant, dont you?

8) Automated: You want to look for an automated forex robot, one that you can set and forget, one that will even work while you sleep, one that will stop and start trading when it needs to, remember the best forex robot is almost always an automated one.

9) Low Risk: You want to be trading with as low a risk as humanly possible, make sure it has the ability to trade with the lowest risk possible built into the software.

10) Stop Loss Feature: Make sure the Forex Software you choose has an extremely tight stop loss feature to protect your investment.

Well, that’s pretty much everything to look out for when searching for the best forex robot, check out my review of the “Million Dollar Pips” on my home page, or click here to discover Million Dollar Pips for yourself.

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