Any suggestions for Currency Trading?
Posted on May 03, 2010 under Currency Trading Software |Which is the best trusted software to trade on line?
If you mean software as in automated trading system or holy grail system/ robot then don’t ( reasons outlined in websites below) . If you mean by platform to trade an account from then it depends on your trading style your account size and your location. Always go with regulated brokers and watch the T&C’s ( again outlined in sites below) test the platform out and research the forums of this world. A Good Reputation will shine through even with the disgruntled comments of those who have lost money due to their own errors.
States side check official regulators www.cftc.gov/ www.nfa.futures.org/ for regulated brokers
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April 27th, 2010 at 9:39 am
Don’t.
It is just one of a number of games small investors cannot win.
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April 27th, 2010 at 9:47 am
There is no good FX broker.
http://www.gftforex.com is one of the few that’s not terrible.
Keep in mind… success in Forex is highly correlated to your trading money management skills. If you’re very successful in trading stocks or another asset class & your trading money management skills are extra ordinary…. you stand some chance of making money in FX.
Good luck.
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April 27th, 2010 at 10:17 am
Here’s a suggestion. Stay out of it. All the software in the world does not put you in the same league as the big boys/girls and governments that move monstrous amounts faster than you blink. You have zero knowledge of what they are doing and when they do it.
Answer this question. Why are those who sell software or run companies to get you into currency trading wasting their time? If it’s so great, they should be spending all their time and money doing it.
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April 27th, 2010 at 10:24 am
If you mean software as in automated trading system or holy grail system/ robot then don’t ( reasons outlined in websites below) . If you mean by platform to trade an account from then it depends on your trading style your account size and your location. Always go with regulated brokers and watch the T&C’s ( again outlined in sites below) test the platform out and research the forums of this world. A Good Reputation will shine through even with the disgruntled comments of those who have lost money due to their own errors.
States side check official regulators http://www.cftc.gov/ http://www.nfa.futures.org/ for regulated brokers
References :
http://www.cftc.gov/ http://www.nfa.futures.org/
http://www.wheresmystop.com/ (Choosing a Broker , what to look out for )
forexfactory.com forums
April 27th, 2010 at 3:23 pm
for info ; open the second & fourth link in: http://www.total-forex-trading.co.cc
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