If you’re looking to invest some money in forex in an automated and intelligent way – here’s a program that will let you do it. A great forex automatic trading robot that works really well for some.
I’ve been into automated trading software for a while, and I am very, very impressed with the intelligence of this automated forex trading system. It’s called FAP Turbo. It’s just about completely hands free and has succeeded in making money making trades about 87% of the time for me.
It makes 10-20 currency trades per week, so it has really been adding up. As I say in the video, I doubled my 2000$ investment in about two and a half months.
The currency trading software is becoming very popular too, so you should check it out after you watch my video.
I’m just starting out – what forex signals should I use??
That depends on the time frame in which you want to trade; day trade or position trade. There are advantages to both but you want to find out which one fits your schedule and personality the best.
Here is one method which claims to have proven easy to follow instructions and is explained to the users, http://www.jcls-forex.com/forex-signals-html.
Advantages:
Can generally execute some commands, like entering trades based on one timeframe and certain conditions. Scripts can work well for closing out trades at certain $ profit limits.
Disadvantages:
Two people using the same EA can get different results and sometimes vastly different with stops, limits and entries not executing.
You must leave your computer on or an EA won’t work, or use 2 or 3 laptops running simultaneously.
If an EA buys the GBP/USD for example and closes it out for +75 pips and ths pair continues up for another 500 pips you missed 80% of the move. This is terrible money management but the EA still did what it was supposed to do.
Possible solutons:
Learn to trade the forex.
Get a server based execution system not one based on an EA.
Get an effective set of trend signals and do some papertrading.