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Automated Forex Trading Robot is a Scam?

I’m a novice forex trader who just started trading forex a week ago. I was wondering if anyone had heard or tried the automated forex trading robot like this one http://forextrading.wellexplained.info/ I’m so much attracted to it and planning to get one and try it myself. I read some reviews on it and all of them were positive.

Have you tried it before? Worth buying? Should I give it a go?

I’ve been trading forex for almost 8 years now, I believe in proper Forex education than anything. If you really wanna make profits from Forex, learn it and trade it yourself. Experience makes you a better and successful trader. And no, I’ve never tried that piece of script that promises so much of gains in a month. But one of my friends did. Yeah, he did make a profit of about 80% in one trade, but he lost almost 90% of his investment in the other 6 trades. Script is still a script, it’s written by human based on historical data. More info, refer to http://www.squidoo.com/forex-robot-trading-system-scam/

Therefore, if you really wanna do well trading Forex, learn what Forex is, how Forex works, learn the charts, study the markets, and be brave to trade, remember high risk high return. You should get a proper Forex education like this http://www.squidoo.com/the-forex-kingdom-review/ rather than counting on a trading robot.

Good luck in pursuing your forex riches.

www.gpfmortgage.co.za

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I want to start successful FX trading. How can I start? any free book for Technical Analysis?

I want to start successful FX trading. How can I start? any free book for Technical Analysis? any web site for trading? any tips that helping in good technical analysis. which pairs are prefered for trading.

Stockcharts.com has a “chart school” where you can learn about various indicators: http://stockcharts.com/school/doku.php?id=chart_school
There are other websites that provide good information on technical analysis.

Having said that, technical analysis takes practice and experience to use it successfully and in my opinion, Forex is not the place to learn – it can be a very expensive lesson, but it’s your money.

I follow 3 pairs and I suggest you limit yourself to 2 or 3 pairs and learn how they act both on quiet days and when economic reports are released. Trying to follow 6 or 7 pairs will spread your knowledge too thin.

A caution – based on your questions, it’s seems that you are a novice and may not understand the risks or difficulty of trading Forex. I would suggest you really educate yourself on the Forex market because you can lose a lot of money very quickly. About 90% of first timers lose their entire stake.

As for another answer concerning Freedom Rocks — stay away. It’s a multi-level marketing scheme and I have seen a lot of people lose everything. Here’s a message from someone on the Investor Village message board that tried it:

“Freedom ‘Rocked’
Both FR trading accounts have been liquidated by the broker due to insuffucient equity.
So much for the “set-it and forget-it” theory of currency trading.”

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Anybody out there trading Foreign Exchange?

I am learning since a week now and seem so lost. The charts seem so hopeless. When to get in and when to get out, etc., etc.. Any hints?

James Dicks wrote, “Forex Made Easy”. It’s not a bad book for beginners. And if you get into trouble you may need some back-up support on Debt Relief.

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How does an automated forex trading system work?

Might be nice if someone can simplify how it works. I am also looking for the best forex system too.

Automated forex trading systems (robots) are just a tool. Like any tool their success ultimately depends on the person using it. There are many people that make a ton of money from forex trading.

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Boston Web Design Company Kenmore Design Named Best for the Financial Industry


Boston, Massachusetts (PRWEB) April 09, 2012

Kenmore Design has been named the number one web design company in the online foreign exchange industry by leading Forex software and services provider Boston Technologies.

?Kenmore Design is working on the cutting edge of online foreign exchange brokerage, utilizing technological innovations to allow the conversion of web traffic into traders with minimal human interaction,? says Boston Technologies Founder George Popescu.

The increased interest in participating in the foreign exchange market has been accompanied by the creation of numerous websites promising to allow the user to participate in Forex online. Kenmore Design stands apart for its commitment to improving user experience through its professional and responsive web design services.

The Boston web design company designs and builds websites that integrate with Boston Technologies? open platform to open and manage trading accounts. Known as a premier source for WordPress development, WordPress theme design, and general website development, Kenmore Design is pleased to be recognized by the Boston software development leaders at Boston Technologies.

?Receiving this kind of recognition from Boston Technologies is very gratifying,? says Kenmore Design President Alex Sherbakov, adding that interest in studio web design for finance and the foreign exchange market has been building. ?People are excited about the possibility of participating remotely in Forex.?

Kenmore Design, known for specialized web design in multiple industries, has received increasing recognition for the financial and Forex-related websites it has developed. These most recent accolades?being named best in the Forex industry?are a result of a commitment to creating professional websites that unite user and content instantly, stylishly, and securely.

For more info please visit: Boston Web Design





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Banc De Binary Wins ‘Best Trading Platform’ from World Finance


(PRWEB) April 04, 2012

The prestigious World Finance Awards have acknowledged Banc De Binary as the best binary options trading platform in both America and Asia. This comes just months after the New York headquartered trading company was admitted to the World Finance 100 list at the start of 2012.

World Finance described the company as ?the very definition of success? when granting the awards at the London Stock Exchange. ?Banc De Binary has established itself at the forefront of binary options trading and has driven unprecedented growth in this market.?

Binary options trading has taken off in the aftermath of the global banking crisis and Banc De Binary has established itself as the industry leader. The firm?s executive team remains committed to bringing together the newest technology and innovations with their years of experience in the financial markets. When trading options on the winning platform, investors are able to calculate risks more accurately than with traditional investments, and so can maximize profits.

Banc De Binary?s CEO, Oren Laurent, shared his delight at the news, ?We are constantly striving to stay at the top of the binary options market and are always developing new technologies and improving our services. It?s amazing that World Finance have recognized our achievements ? thank you. This is another great incentive for us to continue and expand what we?re doing.?

Oren Laurent accepted the award in London along with Head Broker Niko Galis.

What next? Currently Banc De Binary boasts clients from over 80 countries globally and offers tradable assets from 30 countries. After their latest awards in the American and Asian markets, the company sees great potential for growth in Europe. The firm has recently launched a new website in French and has recruited financial experts from around the world so that it can support customers in over 10 languages.

Laurent explains, ?I?m confident that Forex traders across Europe will turn to binary options like their international counterparts. It makes total sense to trade this way in the current, often unstable, financial arena.?

http://www.bbinary.com





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Trading Strategies Interview with Nial Fuller by Stuart McPhee

Trading Strategies Interview by Stuart McPhee with Nial Fuller

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Rapid Hypnosis Success – Creating Wealth Mindset for Traders – Session 3


Rapid Hypnosis Success – Creating Wealth Mindset for Traders – Session 3

from Get Into the Trading Zone! – FOREX and Online Trading

Price: USD -1
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Rapid Hypnosis Success – Creating Wealth Mindset for Traders – Session 10


Rapid Hypnosis Success – Creating Wealth Mindset for Traders – Session 10

from Get Into the Trading Zone! – FOREX and Online Trading

Price: USD -1
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‘Big Weekend Webinar #3 ? Wealth Creation Startup’ is the Next in a Series of Monthly Free-to-Attend Events With Experts Sharing Low-Cost Business Start-Up Models.

Greater Manchester United Kingdom (PRWEB UK) 2 April 2012

The Big Weekend Webinar #3 ? Wealth Creation Startup takes place on the weekend of 14th-15th April 2012 ? The Venue? – Your Place. A webinar is a seminar or conference without the usual travel and accommodation expenses where delegates can sit with a notepad plus favourite brew & learn the very latest techniques, at home, office or anywhere ? all for free! The programme provides a menu of wealth creation topics that can be attended as single or multiple sessions providing ?learning convenience?.

The schedule (GMT) for both Saturday & Sunday at 12 noon, 2pm and 4pm ? is designed to leave mornings free and leaving evenings for family and social activities. In addition to enabling small business CEO?s to catch up on marketing techniques (who has time in business hours ? right?) it will empower individuals to create home-based-businesses in difficult economic times ? such as stay-at-home-moms and disabled internet users. At a time when many people are losing their jobs and find themselves unemployed, ?The BIG Weekend Webinar #3 ? Wealth Creation Startup? offers choice and routes to creating a home businesses.

?The BIG Weekend Webinar #3 ? Wealth Creation Startup? experts include John Lee ? Property Guru, International Speaker & best-selling author. John Lee will explain ?How to Become a Property Millionaire in 18 Months Using Little or None of Your Own Money.

Register Here – https://www3.gotomeeting.com/register/164972630

Veronica Anglin is an Afro-Caribbean, single-mum who defies the Forex trader stereotype ? quietly making between

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From One Forex Trader to all other Forex Traders

Free Forex Traders Vids: www.forexstrategysecrets.com This Forex Trader shows 2 successful trades using a course he developed that is designed to show other forex traders exactly how to succeed like he did.
Video Rating: 4 / 5

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Martin Cole Market Maker Course for All trader trading System forex stock FX DVD

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Forex ECN Trading ? Cutting Edge 0.5 PIP Fixed Spread on All FX Currency Majors


Hong Kong (PRWEB) March 27, 2012

InvestTechFX is a registered software solutions provider in Canada and Hong Kong that enables forex trading, but not a dealing desk. Since the major changes in the infrastructure management at InvestTechFX, the CEO reports the over the counter foreign exchange(Forex) market has gained tremendous popularity in the past four years such as automated trading has been very popular in the Online Forex market namely, the Metatrader (MT4) platform.

The MT4 platform allows individuals to run automated trading strategies, better known as Expert Advisors, which ours has been upgraded to assist the client in many respects, the CEO reported today. In order for the client to maximize their potential profitability, low PIPs and EAs that are above par are advantageous in many respects. ITFX?s CEO also confirms that its structured software suits those needs more succinctly in today?s turbulent markets.

Seeking a broker can be a daunting task that will have all of these options under one roof is a challenge in itself, especially when no other brokerages out there will have these types of options or can afford to. Dealing desk brokers have been known to make it extremely difficult for traders to be profitable in the Forex market, which is due to the fact that many dealing desk brokers trade against the clients and in order for a dealing desk broker to make money the client must lose. It?s an ugly reality, but still a reality. However, on the flip side, by using a direct market access, ITFX uses this ECN model, which this conflict of interest is eliminated.

Finding a good broker that will have tight spreads, fast execution, low latency, and no re-quotes is difficult, until now. The CEO also reports that InvestTechFX is a firm in foreign exchange market offering products and services that no other broker in the online Forex market has been able to offer such as the new Power Matrix Account that enables the client to double their profitability i.e. ITFX will match their deposits on every deposit that is made by the client indefinitely. This is one aspect of the account that is primarily attractive to the novice trader.

Notwithstanding the market fluctuations, InvestTechFX?s spreads has not changed and will not change. It is always fixed at 0.5 PIP on the forex ECN major six currencies, guaranteed. Most traders are looking for an MT4 broker with the best spreads available and one which provides excellent PIP options for the most utilized pairings. As a No Dealing Desk (NDD) their relationship with a separated clearing house for actual online forex transactions allows traders to access the lowest of spreads and most flexible of account groups.

InvestTechFX gives traders the ability to hedge, scalp, and use any type of automated or manual trading strategy. There are no restrictions on how close stop losses or take profits can be placed to market. This provides an ideal setup for Expert Advisors and traders who scalp the markets. InvestTechFX offers low account opening minimum with multiple funding options such as Credit/Debit Cards, Moneybookers, Liberty Reserve, Alert Pay, Union Pay, Wire Transfers and more!

With EURO/USD, GBP/USD, JPY/USD (to name a few), gold, oil and silver, mini/standard lot trading, 1:100 to 1:500 leverage, zero commissions, excellent customer service, fast account opening, and funding procedures that has allowed many clients around the world ease of deposits and withdrawals.





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