Forex Trading Mistakes – A Key Money Management Error Which Causes Traders to Lose
In this article, I am going to look at a Forex trading error which is made by the vast majority of novice traders and if you make it then, your account will be wiped out quickly. Lets look at this Forex trading mistake in more detail.
Forex Trading Robots – Use Them and You Will Lose for One Simple Obvious ReasonThere are many Forex robots which are sold cheaply online and they always claim big gains and very small draw downs. Traders are also tempted to buy them, as they claim you can make money with no effort. and the cost is normally around a $150.00 but they all lose money for a simple and obvious reason which we will look at in this article.
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Forex Robots – Are They Worth It?These incredible programs offer people an excellent way to start making money from the vast Forex market, especially for those who do not have the knowledge or time to spend on learning the ins and outs of Forex trading. They are ideal for people who have busy full-time jobs and are looking for a way to make additional income online and automatically. With this type of trading software, also known as “forex robots” and “black boxes”, a computer program will trade for you, automatically, allowing your online money-making dreams to come true. Once properly setup in a trading platform they can literally become a turnkey trading system.
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Review of Forex Robot – FAP TurboMany years ago there was a forex robot called Forex Auto Pilot, it worked but was becoming dated. Then a group of traders and programmers came along and used the robot engine to build FAP Turbo. The biggest changes it brought was the ability to work with any currency and with any strategy giving it a level of flexibility never seen before in a forex robot.
The Forex TradeThe trend should be isolated and the noise of price action should be avoided if you want to be profitable in the Forex trade. Follow this guideline if you want to succeed here.
How to Play the Current Silver, Gold and Dollar ReversalThis has been an interesting week for traders and investors as precious metals melt down on the back of a rising dollar. Equities on the other hand bucked the trend and moved higher as they get bought into earning season. Once the earnings start to be released we should see the market get sold on the good numbers and retail traders will buy into the good numbers as the smart money selling their shares while there is liquidity in the market.
How to Find the Most Successful Forex Robot on the MarketForex robots are software programs that purchase and sell shares of foreign currency automatically on the international exchange.They have been around for many years and have become extremely popular among foreign exchange traders. The problem is there are so many robots out there and it can be hard to one to filter out the bad apples. I will be discussing how to determine if a forex robot is a quality one.
Platforms and the Forex MarketWhat we have today is the biggest financial market in the form of spot Forex trading and this is where trillions of dollars are traded every single day according to the Bank for International Settlement. The daily trading equities of the US and UK are nothing compared to this market.