Forex Trading Rules: Trigger Fundamentally, Enter and Exit Technically Gold Still “Tracking the Dollar” as Money Supply Slows Outside China
Jun 29

I see lots of cheap automated Forex software online and it’s obvious they all don’t make money, so I decided to find one which had a real verified performance and my results are enclosed.

When looking at automated Forex trading software, most simply present a simulated track record going backwards but of course if we all knew the price in advance, making profits would be easy. But we don’t and these systems are claiming gains, when they have made no money themselves. I then found a few that present real performance but the catch is - it comes from the vendor selling the system and don’t know about you, I see a conflict of interest here!

So the cheap, Forex software packages, claim a lot and then give you no independent verification of results. Now if you look at the track records there obviously not true; they all claim better performance than the world’s best traders, with less drawdown and you can get access to this lifelong income, for a couple of hundred of dollars or less. Nice dream …

So why haven’t the world’s top fund managers been sacked ( who are on multi million pound salaries and bonuses) for a better performance at a one off low cost?

The answer is of course these get rich quick, cheap software packages don’t deliver and common sense should tell traders this but they still continue to buy them and continue to lose.

In a market where 95% of all traders lose their money, it’s obvious that you need to make some effort and learn how to trade but if you do this you can become a successful Forex trader and be well rewarded for your efforts.

Leave automated Forex software for the losing traders and get yourself a decent Forex education and enjoy trading success.

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Article Source:http://www.articlesbase.com/currency-trading-articles/automated-software-which-is-the-best-in-terms-of-an-audited-track-record-997829.html

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written by Trading Teacher


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