November 3, 2010

How does an automated forex trading system work?

By Planet Wealth

Might be nice if someone can simplify how it works. I am also looking for an automated forex trading system too.

Topics: trading tips | 7 Comments »

7 Responses to “How does an automated forex trading system work?”

  1. Fx Says:
    November 3rd, 2010 at 12:44 pm

    There is NO automated forex trading system that work, else everyone is rich. You have to learn it and master the necessary skill to be successful in forex trading.

    Excellent luck.

  2. Common Sense Says:
    November 3rd, 2010 at 12:44 pm

    You’re chasing a dream that will not work for you… At least right now.

    FX automated trading systems (EA’s or robots)…… only work for the highly successful trader whose knowledge of Technical Analysis is matched by years of trading money management skills.

    If that’s not you…. forget it.

    (It’s hard to know how some people believe that if they buy a "system" their lives will turn around & they’ll be rich very quickly…….. that’s a dream… it’s not the real world)……..

  3. Mark Says:
    November 3rd, 2010 at 12:44 pm

    There is a very simple way to know the forex trading system i learned every thing i know from the http://sites.google.com/site/forexespionagenow/ they made it simple for me to know what was going hope this helps

  4. Sahara Says:
    November 3rd, 2010 at 12:44 pm

    Dear Cel,

    You can learn an automated forex trading system here:

    http://www.guaranteeovernightincome.com/fapturbo

  5. Elliott Says:
    November 3rd, 2010 at 12:44 pm

    Quite simply they don’t work.

    There is no business or method for sale that can automatically make large amounts of profit while you sit back watch. The way to make consistent mony in the forex markets is through hard work, education and experience

  6. Benjamin Clark Says:
    November 3rd, 2010 at 12:44 pm

    Hi Cel,

    Automated forex trading systems (robots) are just a tool. Like any tool their success ultimately depends on the person using it. There are many people that make a ton of money from forex trading, but like nearly everything in life it takes a lot of hard work to be successful. Before you start investing in the forex market I’d recommend that you take the time to learn about how everything works. Don’t let people discourage you, but also don’t invest money before you fully know the market. There are many companies that offer practice accounts which allow you to experience what forex trading is like without any risk. There are also many free resources online to learn from. I wish you the best of luck!

    Regards,
    Ben

  7. Scott Says:
    November 3rd, 2010 at 12:44 pm

    Only a software engineer would know how it works. But I do know the most well loved software on the market that keeps selling for a long time. They have developed a A Forex Robot That Is Capable Of Doubling Your Money Every Single Month…

    I dont’ mind that you email me if I can be a help.

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