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Finding the perfect Forex tool or system to work with is very important. To use the metaphor of going to battle, your Forex system is your shield and armor when facing the army of other traders who are all after the biggest piece of the same pie. Two Forex products which have a great degree of popularity are Forex Auto Pilot and Forex Avenger, yet they are inherently different.

Does the Forex robot trading system FAP Turbo programmed by Steve, Mike and Ulrich really work or is it just another fake and overhyped piece of program? An automated trading software system can provide many advantages to the human trader.

Are you looking for Forex robot test results of the latest currency trading robot called FAP Turbo? I was quite reluctant to try out this new robot at first given the amount of money I have lost previously with bad Forex automated robots in the past.

I know that it’s impossible for some traders to fathom trading on a chart that has absolutely no indicators. This may seem like backwards thinking. After all, what’s the point of not using them if they are already on your trading platform? This is usually what I hear when I try to talk somebody about price action, who has been a long time user of indicators.

I always find it interesting how traders go crazy over these automated forex trading systems. As a concept, I can see why so many people would like it. After all, who wouldn’t want to become rich without doing any of the actual work? But if you look at the results that most traders get from these systems, you get to see that maybe its not all that its cracked up to be.

There are many websites you can go to where they offer all kinds of Forex trading systems and currency training courses that claim they can make you money on autopilot. As a professional Forex trader I have researched, purchased and tested them all. I can tell you that some of the products do exactly what they say they do and some are pieces of junk.

After you learn currency trading, if you have not already, you will quickly come to this revelation too. What you must avoid at all cost are huge losses. Under any and all circumstances in order to become a long term FX trader and a Forex money making monster you just can NOT take big losses on any single trade.

A specific currency training class will not teach you all there is to know about the markets, but rather one little specific method to trade and make money with. A Forex mentoring program is taught by professional Forex traders and also teaches you all the material you would learn in a comprehensive class. But, they delve much deeper into the trading methods utilized by the pro’s teaching the class.

I think many people really like the idea of being able to trade forex without any indicators and just being able to use price action. The problem is that most traders are also intimidated by this concept. They think that price action trading involves some kind of off the charts intelligence to figure out. Speaking as some one who barely graduated from high school, I can assure you that is not the case.

I’m sure many of you have heard the expression “less is more”. Well, when it comes to trading forex with indicators (or any market for that matter) that is 100% correct. I know this may go against most theories that traders have about the market. Many of these traders believe the more indicators you have on your charts, the more insight to the market that you have.

If I can give you just one forex trading tip, it would be to stop using indicators. I can only speak from my own experience but indicators like Moving averages and Stochastics are great if you want to know what has already happened in the market. If you are interested in where the price is headed, that’s a different story altogether.