Forex Trading Systems?
Has anyone had any good or bad experiences of the automated trading system – Forex Tracer – or subscribed to Dean Saunders publication, The Ten Minute Forex Wealth Builder?
Also, can anyone recommend a forex trading course based in London that I could attend. I would be willing to pay for some decent forex education that goes beyond the promises of every internet guru out there. Thanks
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Tagged with: anyone • automated trading • Dean Saunders • Forex Questions • forex trading course • internet guru • London • system • tracer • trading • wealth builder
Filed under: Forex Courses
A good forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. Hopefully this blog can help. http://www.whatisforextrading.com/blog/ Remember, no system will be fool proof, so be cautios about the claims some trading systems make.
Forex Trading is a type of gambling ..
Gambling is less than a ‘zero sum’ game .. for every winner there has to more than one looser = indeed more people have to loose than win, otherwise the bookies would go bust
From what I’ve heard – it’s okay – does just about everything it claims to on the site which is rare in this industry.
I’ve been using one called "Forex Autopilot" for a couple of months now and it’s been working out REALLY well for me.
After search around for weeks, I finally found this review for it which wasn’t one of those cheesy affiliate marketing ones: http://www.fxsystemscompared.com/rev_forex_autopilot.html
That review is made up of real customer comments and reviews so it’s totally unbiased.
you may check your options in this site. in fact you don’t have to pay for any forex trading course by registering to any of their accounts, Mini($100), Gold($500), Platinum($5,000) or VIP(10,000). note that the higher account you choose entitles you to more trading features and benefits. with your registration you can download a Free Forex Ebook, Demo Account for your practice, and you will be provided a personal Account Service Manager (ASM) as your mentor, consultant and trading partner which means your ASM will actually trade with you as you require to ensure you get familiar with their system. and the best advantage for you is that they have a London office so if you want you can go visit your ASM in their office for a more personalised service.
i actually trade forex from my dormitory, and i don’t use automated system until my exam period when i had to try out one, and so far, it has not failed me in ayway. though i have just used it for one month and it has been well for me on http://forexpipsminer.blogspot.com/2008/09/how-to-use-forex-automated-trading.html
To tell you the truth, I would start with an automated trading system. A lot of them offer free demo accounts that can be used to test the software and many of them are very affordable vs seminars which can cost thousands and then you actually have to apply the tactics and strategies on your own.
With softtware, most of them will run on complete autopilot after you set them up and will also offer you a money back guarantee. So if you don’t like them, you can always get your money back. I would suggest testing out a software to see if you like it or not first, before spending thousands on a seminar.
What I did is trading forex through a couple of online brokers like www.fxpro.com or www.eglobal-forex.com and using only Expert Adviser, an automatic trading tool that will do the trading for you which will minimized the risk when trading manually. For the EA I used from www.viking234.com and they give me a magnificent monthly gain ranging from 8-30%!
I don’t know about you but it works for me….