Archive for the ‘automated forex trading’ Category

Is this forex Tracer review accurate?

Saturday, March 6th, 2010

I’ve been looking for a reliable and automated forex trading software. I was pretty keen on forex tracer when I came across this review. is it accurate?
=> http://www.learn-forex-online.com/automated-forex-trading/

My guess is that it is fairly accurate. Of course, saying "Believe it or not, Forex Tracer produced over 94.90% profitable trades from July 2006 to May 2008… well, in backtesting anyway." simply means it is possible to build a model which would have made a profit in the past if you base the system on the past data. It means nothing about how it will perform in the future.

Saying "This system has been getting good reviews on the Forex forums" simply means some people have written good reviews. We have no idea if those who wrote the good reviews profit for sales of the product, and the statement would be accurate even if there were ten times as many bad reviews as good reviews.

Saying "one major market movement against you can wipe out all your gains" is probably accurate but may be an understatement. What happens if a "major market movement against you" occurs before you have any gains? Obviously you can lose more than your previous gains, maybe even your entire investment.

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I don’t pretend to know much about the forex, but I do have some common sense. If automated trading software could consistently provide high returns there would be no reason the sell it. Those who owned the software could become super-rich just by using the software themselves. The fact that they pay to advertise the product, hire people to manufacture, package and ship the product, and that they have to deal with angry customers tells me that they are trying to get rich by selling the product because they have not figured out how to get rich tradng.

What is the Best Automated Forex Trading System Out There?

Thursday, March 4th, 2010

Hi everyone!

I am relatively new to forex and have only just found out about all these automated forex robots and such that are supposed to really take a lot of the risk out of forex trading. There are so many though! Can anyone suggest like a good one, based on personal experience?

Thank you!

If you want to make money with forex, check out this site

http://make-money-with-forex.org

Here, You’ll find the best forex software that can help to increase your trading profit.

What are the best forex automated signals available ?

Tuesday, March 2nd, 2010

Im very interested in getting a Forex automatic system to trade for me.
I have heard great things about forex robots,but i have no experience with them.
Would you recommend any of them?

Thanks

There is NO forex signal company that can beat the market in the long run. This is from my experience in forex trading for years. Else everyone is rich. Here is a good read about forex signal company: http://www.forex.labuan.net/forex-signal.html

A Forex trader needs to learn and master the necessary skills to be successful in forex trading.

What Is Best FOREX Trading System Currently?

Sunday, February 28th, 2010

With so many claims of best FOREX trading systems, which is the current best automated software on market. Which offers best free trial and training? www.FreedomFOREX.IntelaTRADER.com

Through my trading, I found that the best forex trading system is Forex automoney. It is not 100% automated forex trading but it is better than one that is fully automated.

As a member you have access to alot of training materials plus of course the software to use and there is a lot of support. I feel it is very good for anypoone serious about forex trading and looking for the best forex trading system.

No free trial but you only need to pay $4.95 to try out.

Do Trading Forex Algorithms Actually Work?

Friday, February 26th, 2010

I’m not sure what you actually call these automated trading system, but i’m guessing they use some kind of algorithm software to sought through markets etc.

My question is really this. I’ve been trading Forex for 5 months now – mainly jpy/gbp market – and it’s about time that I got my hands on some automated software – but which one.

I like the look of the PipBoxer – but a bit too pricey, but maybe doable. Otherwise Forex EA looks pretty sweet at $200. The alternatives I’ve seen are like those spammy sites like the forex killer, which supposedly get you pips while you sleep. Not convinced.

Anyway, has anyone used any of these or recommend a decent package which has genuinely helped there overall forex trading profit,

Thanks all.

Most of what is mentioned is basically spot on. If your new to Forex, only 5 months in like you said then automated trading may only work for you if your already having success. If your using it as a means of income then this is not the idea.

You mentioned the PipBoxer. The Pipbover is by far the most comprehensive software out there as it’s more than just a software package as it comes with real people at hand 24/7. It’s worth the cash and if you’ve done your research you’ll have discovered this.

You can read a review of this here:

http://pipboxer-review.blogspot.com/

If you don’t want to shell out a load, those spammy sites you mentioned are slightly dubvious but the best out there maybe in your price range is probably the forex tracer,

You can view this here:

http://www.forextracertrading.com/

Good luck. Don’t scrimp if your serious about this trade.

Zulutrade Settings & Review – Automated Forex Trading Made Easy!!

Friday, February 26th, 2010

http://www.zulutradeblog.com

An inside view on how Zulutrade works in the members area, plus recommended settings. Follow my forex currency trading adventure by visiting zulutradeblog.com

Duration : 0:6:51

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Anyone has tried Automated Forex Cash System to trade forex ?

Wednesday, February 24th, 2010

http://AutomatedForexCash.info

It sounds like an interesting method. So I have tried on paper trades.

Too early to confirm if it will be good for long term but I have got some satisfactory results on paper.

I will try it out for a month or two before I start on some small trades. Forex is risky so I always prefer to be patient.

What kind of people make automated trading software?

Monday, February 22nd, 2010

I’m in need of someone who creates software for FOREX commodity and stock trading, are they called programmers?

Yes they would be programmers that make such systems. If you are looking for an automated forex system, check out http://forexcurrencytradingsystem.biz/ for reviews on the markets top trading systems.

What kind of people make automated trading system?

Saturday, February 20th, 2010

I’m in need of someone who creates software for FOREX commodity and stock trading, are they called programmers?

Typically it would take a team of people to create an automated trading system.

You would have at least one industry specialist who would determine what the system should do.

You would have at least one systems analyst who would determine what hardware and software would be required to do it. He would also write up the specifications for the software.

You would have at least one programmer who would actually write and debug the programs according to the specifications.

Automated forex trading?

Thursday, February 18th, 2010

Anybody knows of a spread betting company in the UK that offers facility for fully automated betting? Thanks

you know I don’t think there’s at least one! Anyway try to google it!!!