Friday, June 23, 2006

Automated Forex Trading IS Here. Anyone Can Trade Forex Now!

By Chris Pearson

There's been a great NEW development in Forex trading! This development has opened the lucrative forex market up the beginner. And freed the seasoned trader from being chained to his/her PC for hours. I speak from experience as a professional Forex trader who USED to spend hours staring at my PC and studying charts.What IS this new development?

AUTOMATED TRADING. That' right. It's been a long time coming but now it's here: the ability to simply set up a trading system, click the OK button and let your PC do the 'work' for you. Remember, your PC never gets tired, bored or makes a mistake. It calculates every trade with cold hard logic and it can 'out-trade' the most dedicated trader.

There’s been a lot of research done on who succeeds at Forex trading and why. The results are the same for ANY type of trading – stocks, futures, whatever. And the big common factor that comes up time and time again is AUTOMATION. This is the ‘secret’ behind the success of many of the most successful traders.

Until recently automated systems were the preserve of ‘big time’ traders able to afford costly software and trade in multiple lots. It was a case of: the richer you already are, the easier it is to get even richer in Forex.

But recently that has changed. The first TRULY automated trading platforms are entering the market. There’s still very, very few of them, but they are out there. And not only is the software automated on some of them: the software is free to use, and even the live data is provided gratis.

What is more, some of the companies offering automated Forex software, offer ‘mini’ trading accounts as well! It must make sense for any newcomer to this market to keep risks to a minimum by ‘mini’ trading and benefit from automation. It’s now possible to do both – if you know where to look.

If you’re considering entering the Forex market as a complete beginner: or if you’re a seasoned ‘pro’ used to Forex trading ‘by hand’, you owe it to yourself to start AUTOMATED trading. You still need the right trading ‘system’ of course. But using your ‘system’ with the power of automation can transform your trading. It won’t take long to realise that that is the only ‘professional’ way to trade Forex. Automated Forex trading is the obvious way to go to free you of the usual stress of trading and actually increase profits as well. Yes, most traders still trade ‘by hand’; but the fact is, most SUCCESSFUL Forex traders are now trading ‘on autopilot’.

By Chris Pearson, B.A. (Hons) Cambridge.
Learn about our recommended resources for forex daytrading at http://www.forex-money-machines.co.uk

Article Source: http://www.EzinePlug.com

About the Author
Chris Pearson, B.A.(Hons) Cambridge took a 1st Class Degree in Maths, Logic and Philosophy at Cambridge University and is an experienced Forex trader. Long fascinated by the idea of using Math and automation to automate money-making via software he also writes software programs and ebooks on how to make money online.

Technorati tags: , , , ,

9 Comments:

Blogger rabiul islam said...

Free Forex Trading Systems - Got the Holy Grail system? Want to share it for free and
become everyone's hero? This is the place to do it.

Forex Trading System
Online Forex Trading
Trading Platform
Forex Software
Learn To Trade
Forex Signals
Forex Brokers
Trading Strategies
Automated Trading
Forex Market

9:26 AM  
Blogger Matt said...

This comment has been removed by the author.

11:59 PM  
Blogger Matt said...

I'm just wondering if u heard about Forex striker which I`m currently using right now! The first Forex Striker robot in history registered with the United States Patent and Trademark Office that destroys brokers and makes cash everyday. Pls visit my FOREX STRIKER REVIEW and discover how i earned almost $18,000 in less than a month.

12:02 AM  
Blogger Elson Cade said...

The country’s Competition Commission said on May 19 that it suspects 11 companies of using electronic messaging software to coordinate foreign exchange deals when quoting prices to customers. The central bank, which regulates South African lenders, said the antitrust agency was reacting to a complaint against “certain foreign exchange traders,” without giving further information. Our Forex Auto Copier allows you to copy expert forex traders 24 hours a day 5 days a week. Every trade that is executed by your chosen signal provider will execute on your account at lightning fast speed. Ensuring your account to mirror your chosen forex signal provider's. Here are Forex signals, Forex systems, Free signals, free forex signals and online forex signals.

9:49 AM  
Blogger hiteshrao said...

This comment has been removed by the author.

4:24 AM  
Blogger hiteshrao said...

Hi It was very impressive and informative Post. I think The foreign exchange or forex market has caught the fancy of the young and old alike and millions everyday try their hand at this business hoping to make a fortune. But only a percentage survive while the majority lose all their money; this is basically due to a lack of understanding of the foreign exchange market.
free forex training | foreign exchange tips and advice

5:31 AM  
Blogger Vivek Kumar said...

Hi, I am vivek and found your blog on google I am always looking for financial content that represents finance for link building and of-course a content as we know that content is very important for seo. I liked your content nicely done thanks and keep sharing good content..marketrecommendations.blogspot.in

3:35 AM  
Blogger Seo Sea said...

Are you looking for Best Forex Robots and Automated Forex Softwares? Drive Gold is the one stop solution for Forex Software’s and Forex Robots.
Gold is known to be the most precious of metals. Gold may be an asset against economical crisis. When the market is declining or in time of inflation, national debt, war and social unrest and in currency failure; gold can be your harbor. In the last decade, a huge rise has been observed in the prices of gold. It has gone up to $1,800 an ounce from around $350. It was in August 2011 that gold prices reached its peak. However, a decline in the prices has been observed in recent weeks. It has declined to $1,600.

2:42 AM  
Blogger Bhoomi Desai said...

Thank you, I have been looking for information about this subject for ages and yours is the best I've found so far...
share market Tips

2:54 AM  

Post a Comment

Links to this post:

Create a Link

<< Home