Online Forex Trading

By: James Woolley

Did you know that there are many software for forex programs that can make you consistent profits completely on autopilot? Many of these programs are designed to enter and exit trades in the forex market with the intention of turning a profit. This means that you can step away from your computer all day but still be making money in forex.

Software for forex can vary depending on the task you want accomplished, but the software I’m talking about are “forex robots”. If you already know what a forex robot is, then you should skip down a few paragraphs to where I talk about the best one for making money, but if you don’t know what a forex robot is then let me tell you.

Like I said earlier, a forex robot is a program that will automatically enter and exit trades for you in the forex market. This leaves you with more free time during the day, without the loss of not profiting in the forex market. Another really great advantage about these robots is that they have no emotions. Many traders let emotions get in the way of their trade. They see that they are profiting and take their profits to soon, or they either hold on to a losing trade to long in hopes it bounces back, or get rid of a losing trade right before it bounces back. With the help of a software for forex program, you can eliminate the guessing that comes from manual trading and leave it all up to a robot.



By: Scott B Price

Any company that has used it for there business strategy…I will much appreciate.. thanks…

I am an undergrad student with a 3.7 GPA in an finance program ranked in the top 10 nationally. I will graduate early (this December) and am also studying to take the CFA level 1 in June.

I only tell you this so you know a little about my background and understand I am prepared to LEARN how to trade. I am not looking for a get rich quick scheme, but rather, want to study the art of trading until I can consistently make positive returns on FOREX during my spare time. Of course, who knows, if it goes well maybe it will become my career. More than anything though, it seems really interesting and I would like to learn more.

So, what books etc do I need to read to understand how to trade on FOREX? I understand it will take some work, but can anyone lay out a plan to follow in order to become a successful trader? For example, read x,y,x, while trading on a demo account, then open a real account and do x,y,z etc.

Please don’t recommend trading programs like FOREX tracer etc! There is no way I am going to let a program control what happens to my money and, to my understanding, most all of these programs are scams. I have to go with the old adage, if it sounds too good to be true, it probably is.

Also, for any traders out there…

What’s your holding period return for a typical month and how many hours/day do you trade to generate that return?

If I have limited capital to trade with, will this significantly impact my ability to utilize effective trading strategies?

By: John Ruddell

By: Kelly Price