Today I’ll be taking a close look at a Forex trader, Rob Booker, and his collection of trading robots. Rob is quite well known in the Forex market for his trader radio podcast based out of Gilbert, Arizona, United States. His trader radio podcast has nearly 90 episodes and over 800 followers on sound cloud. I’ve just recently been introduced to his services, so I thought I would take a closer look and let the Forex robot nation community understand if this guru is one we should trust moving forward.
I can’t find the exact office address, but it’s located in Gilbert, Arizona, USA. The contact email address is not readily available on the home page either, nor is a contact form, so, I’m not sure how traders can get in touch with Rob. For all our robot ratings and much more go here.
Rob has been in the Forex trading market since 2006. That’s an incredibly long time, so I probably should have put together a review a long time ago. Rob currently offers traders a copy trade service, some trading robots and a lifetime membership with a whole bunch of perks.
Copy Trade Service
Rob Booker’s copy trade service requires traders to fund the trading account with Gallant FX, and then email email@example.com. Rob has some sort of a deal with this broker, so that he gets a commission for the clients that he brings in. That’s what makes this service worthwhile to him.
The service is very simple. As soon as Rob takes a trade, a trade is automatically taken on your account as well. His goal is to gain 6.5% per month and keep the maximum drawdown below 6.2%.
As for the trading robots, Rob bookers robots come in a package that’s being sold for $297. The current purchase includes access to the 6 best trading robots, a new robot every month, as well as updates for life. Unlike other developers, Rob Booker also provides access to the code for his robots and provides a daily webinar to show traders how the robots can be utilized. There are two main trading robots, and a handful of others.
- This robot looks for divergences on a 5 minute chart, trading 3 to 5 currency pairs.
- This robot is very similar to the finch, but analyzes overbought and oversold levels using the Relative Strength Index.
There is really not a lot of information provided about any of Rob’s trading robots at this point in time. The sales page pushes us to a trader radio episode with Scott Heywood, which I may listen to later to try and get more of the details.
As for the trading results, Rob Booker does provide us with a Myfxbook account, but this is a mixed account so it’s hard to tell when it’s a robot, or a human making a trade. It would be much better if each robot had their own Myfxbook page, then I could get a better understand of how they work, and what we can expect.
The Myfxbook account that was provided has since been removed. There are no updated results at this point in time.
Rob Booker also provides traders with a lifetime membership opportunity, which gives traders access to everything that he offers for $1000. This is not a cheap endeavor. Here is what you get.
- Trade Alerts
- The Rob Booker Chat Room
- Every Rob Booker Trading Course
- Free Entry to all Rob Booker Events
- All Rob Booker Indicators and Robots
- 2 Live Seminar Videos
- Discounted Personal Training in Rob’s Inner Circle Program
There’s really a lot for us to chew on here but it’s difficult to make a full recommendation at this point in time. The website is very well put together, the podcast sounds great, and Rob Booker comes across like a knowledgeable trader. Yet, without testing any of these systems myself just yet, I am going to leave the review at 3 stars. I’ve read a few other reviews online, and there has been feedback on both sides of the spectrum so I don’t want to draw a conclusion just yet.
As we update the review for 2019, there hasn’t been very much change. The services remain the same, and Rob is still lacking in the areas we want to see more information in.
Hopefully Rob finds a way to be a little more transparent after reading this review and making adjustments.
Please let me know what you think about Rob Booker, Trader Radio, his trading robots, copy trade service, or anything else you want to discuss by leaving a comment now. Thanks guys!
Rob Booker Robots $497
- Trading Results
- Client Feedback
- Customer Support
The Rob Booker Robots are a collection of trading systems by a well known trader. It is yet to be seen if the robots are viable on any live trading account.
Available via text message
Myfxbook account removed