Forex beginner. Help with Forex bots?
Thursday, May 22, 2014
, Posted by Ryanita at 9:57 AM
BlazeV
Hey I've recently heard about Forex and it seems legit. Ive noticed that there are lots of bots available to maximize the accuracy, from experience are any of them legit? and If so which do you recommend. And also what types of charts would be best?
Thannks
Answer
Hello,
Most bots are a complete WASTE. I have emails just about each week from some company selling robots or some broker asking us if we want to partner with them as an affiliate. If the bots were so good I can say they woujld not be selling them for $199!!! The good bots are at most blackbox houses and Firms and are paid many millions. 1/3 of the volume in stocks daily is taken care of with black box trading. Do you really think that some robot for $199 is going to make you rich. Best to spend that money on a forex book on like amazon than to throw it away.
Regards
BT
www.fxlivedaytrading.com
Forex Blog:
http://forex.fxlivedaytrading.com
Hello,
Most bots are a complete WASTE. I have emails just about each week from some company selling robots or some broker asking us if we want to partner with them as an affiliate. If the bots were so good I can say they woujld not be selling them for $199!!! The good bots are at most blackbox houses and Firms and are paid many millions. 1/3 of the volume in stocks daily is taken care of with black box trading. Do you really think that some robot for $199 is going to make you rich. Best to spend that money on a forex book on like amazon than to throw it away.
Regards
BT
www.fxlivedaytrading.com
Forex Blog:
http://forex.fxlivedaytrading.com
forex beginner...i want to go into forex traidng with $1000?
yankieby
I want to go into forex trading with $1000....any advice on tricks of making money.......any reputable broker that has little spread, where i can buy at bid and sell at ask price.....which forex supports mobile trading.....i am thinking of buying a laptop or palmtop........where can i get ba data on forex brokers based on their patroniszation/ no of clients. any idea of Electronic Communications Network forex bokers...............thx
Answer
To answer all your questions, go to www.babypips.com
There you will learn:
-$1,000 is not enough to open a Forex account... you're going to get a margin call and go broke.
- You'll never get no spread between the bid/ask, that's how the brokers make their commissions
- Check their broker comparison chart under the Tools menu to see various info on all the different online brokers
My biggest advice would be DONT open a real trading account until you have at least 2 months of experience with a demo account. If you open a real account right now I guarantee you're going to go broke.
Check out my Forex blog for more information:
http://yarcofin.wordpress.com
To answer all your questions, go to www.babypips.com
There you will learn:
-$1,000 is not enough to open a Forex account... you're going to get a margin call and go broke.
- You'll never get no spread between the bid/ask, that's how the brokers make their commissions
- Check their broker comparison chart under the Tools menu to see various info on all the different online brokers
My biggest advice would be DONT open a real trading account until you have at least 2 months of experience with a demo account. If you open a real account right now I guarantee you're going to go broke.
Check out my Forex blog for more information:
http://yarcofin.wordpress.com
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