Currency

How can a new comer start trading forex?

I heard there are some autopilot forex trading software.

Public Comments

  1. Newcomers should stay far away from forex. You are very likely to lose all your money. Sorry. I know that is not the answer are looking for.
  2. Start reading concepts and get familiar with the terminologies. Open a demo account and gain some experience before you start live trading.
  3. There are lots of autopilot forex trading software available on the market. The best way is to start learning the basics of forex and open an demo account and trade forex for a while, after that start if you like with an automated forex trading system.
  4. start by registerign and downloading a Free Forex Ebook from this site. don't dare starting forex trading without proper reading and knowledge. if you want a live, one-on-one tutorial, you may deposit $100 and you will be provided an Account Service manager (ASM) to be your personal consultant who will serve as your mentor and trading partner, will answer all your technical questions and with whom you can talk live over the phone, email, chat or any form of communication available. you can then take this opportunity to ask everything you want to know about forex. being an expert forex trader himself, your ASM will be your best resource person and he will even trade along with you so that you will get to familiar yourself about how the real trade is done and give you the tips and tricks you need to know and do to achieve a profitable forex dealing.
  5. i don't use auto trading . i use manually .by using my custom chart that i set . can trade Forex and NASDAQ ,OIL , GOLD, OTHER MORE TOO . U Can try on the demo account .( if u have a real account . U can have a long team of demo account too . ) http://www.avafx.com/?tag=7777
  6. It seems so easy!!!! If you've got years of successful trading experiance you may want to trade FX (very carefully). You'll find your money management skills as important as your technical analysis skills. The auto-pilot programs (EA) are good for the very experianced FX trader only. (It's hard to believe, but many "newbe's" think an auto program will make them rich..... people looking for the easy way in FX get creamed).
  7. Be very careful about starting to trade in the forex market. Read everything you can start by opening a demo account and when you feel ready try it for real. You should also consider to buy a software to help generate your own forex signals http://www.forex-killers.com
  8. There are, but if you have been looking for some time, you will find new ones coming out every day! It is better to go for automated forex trading software, because: 1. You can trade all the time the market is open, you do not have to be around your computer all the time. 2. You can implement automatic stop losses and trailing stops and also automatic sizing of your lot size for risk control. It is difficult, almost impossible to do this manually. If you buy autopilot forex trading software, it may stop working for you after a while. It is better to go with http://http://calp.collective2.com/systemlist or http://www.prosignal.net/fx.php?AID=093920
  9. There are a number of forex trading software programs in the market but the one I like most for autopilot forex trading is forex tracer. Found forex tracer easy to use and there's no knowledge needed. Forex Tracer can generate signals of when to buy or sell any currency.
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