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How much is there potential in trading with the forex robots like fapturbo?
Wiki User
∙ 13y ago
Hi,
There is some potential in it. However, you have to be clear that sometimes you are going to lose and sometimes you are going to win. I would set up your values so that the robot trades conservatively. This will not make you a huge amount of money in a short period of time but will give a a good amount of money over time.
Check all about forex at forexrobotstutorial. com
See you later,
A-
Wiki User
∙ 13y ago
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Has anyone used faptubo ea for forex trading pls how real and reliable is it?
Scalping with a robot can only lead to losses - amazon.com/Fapturbo-Forex-Trading-Robot/product-reviews/B00I95XBMC
Where can a person go to find information on automatic Forex trading?
One could find more information about automatic Forex trading, or in other words robots, online at 'Etoro' and 'BestForexRobots'. Though robots aren't that recommended, it is safer to trade manually.
What is a Forex robot?
Forex Trading Robot A computer program based on a set of forex trading signals that helps determine whether to buy orsell a currency pair at any one time. Forex robots are designed to remove the psychological element of trading, which can be detrimental.
what is forex and trading school?
The Forex Trading School is designed to educate youth on the process behind currency trading. The school is optimally divided in five key concepts necessary to success in currency trading, which they have condensed into a single handbook for potential currency traders. Check it out at http://www.forexfloor.com/forex-school.html
What is Forex trading signal software used for?
Forex trading signal software monitors the Forex trading market and sends an alert when it's time to buy or sell. This is beneficial to those who don't have the time to consistently watch the Forex market.
What is the purpose of using a Forex trading robot?
Many traders can't resist the idea of sending an infallible Forex robot out on to the market in order to do their work for them. Although assured that Forex trading robots guarantee winning trades and no loss of investments this is not always the case. The purpose of using such a robot is simply to take an easy option.
Which is the best forex strategy?
Forex is a very risky business ,why stress yourself for a stratergy that millions of people have tried and failed.it is a caution in one of the forex trading siters that forx is not for everyone,hte market and exchange rates are too unstable and you cannot control that.While forex is indeed risky, if you do want to test the waters, the best way to start is with a simulated account before you risk any real money. Successful forex traders usually trade based on automated strategies, sometimes called "black box" strategies or algorithmic trading. This is because the window of opportunity is often extremely narrow, sometimes too narrow for any type of manual process to succeed. The best way to succeed is to review several of these forex strategies, which are often available by subscription, monitor historical success, and put through a simulated trading period to determine likelihood of future success.Correct, trading forex can be risky and is mandatory to practice forex in demo trading accounts before getting started trading real money.About Forex trading strategy, I want to say that there are automated forex strategies that you can use (forex robots, also known as expert advisors). These forex robots are software preset with trading paraments: Go long (buy) or go short (sell), choose currency pairs, etc.Each forex robot counts with unique parameters, and you can also fine tune them to your own trading attitude. Besides, you can also trade forex manually, mechanically. For this to be done you certainly have to be a bit more experienced and be longer time in front of the screen monitoring your trades.There are plenty of forex robots (expert advisors) and mechanical forex trading strategies in the markte... some good, some not recommended at all!If you wish to get into Forex trading, you need to have an ideal mindset. An ideal mindset in for a Forex Trader basically aims at adopting a sound mental attitude, which makes you focused on your target, highly confident, well disciplined as well as well versed in overcoming fear or anxiety. An ideal mindset also allows the forex traders to follow certain effective trading strategies that are considered to be a part of winning factors while trading in forex market. If you are certain you have an ideal mindset to get started into the Forex Trading Market, then learn forex where you can have all the information you need.
What are the potential risks in online forex trading?
There is a substantial risk in online forex trading such as money loss. You have to be sure that the company you're dealing with is legitimate as well as it's risky in a way that you dont deal with real people.
What is the managed forex?
"The Managed Forex has to do with trading.
What companies produce Forex trading guides?
The companies that produce Forex trading guides are Oanda, FXCM, and Investopedia. Forex trading guides help an individual with beginner trading strategies.
Where can one find information about Forex robot?
There is a very interesting article on "Etoro" that alerts the reader to the existence of fake Forex robots in today's market. A Forex robot deals in foreign exchange. The online site "About" has an introduction to Forex robots.
Where can a person find the latest Forex trading news online?
The latest Forex trading news can be found online from many specialized sources. One example is Forex-Experts, which provides regular updates on Forex trading.
