I think that forex software can be useful and helps take alot of psychology out of trading, alot of the software you have to teach it when to give you buy/sell/take profit signals and in order to do this well, you need to have a sound understanding about the market. There are automated trading programs that you can switch on and sit back and watch the money roll in but they are locked in a black box (black box trading) and kept secret, if the program was sold world wide to forex traders then the program wouldnt work because for there to be winners there needs to be losers. not everyone can be a winner! any website trying to sell you software telling you that all you need to do is switch it on and it will make you millions is a bull ****ter, why would they want to sell it if they had millions or billions?
you have the option to have automated trading but you will need to set it up yourself, you will have to teach the program when to open and close positions using meta quotes language and indicators. A good website for automated trading is 'Metatrader4', i think its a broker that offers an automated trading platform. or there are other brokers like fxcm that offer automated trading but its expensive.
1) forex software that you teach when to give you buy/sell signals
2) Online brokers that offer automated trading platforms that you have to teach too
you have the option to have automated trading but you will need to set it up yourself, you will have to teach the program when to open and close positions using meta quotes language and indicators. A good website for automated trading is 'Metatrader4', i think its a broker that offers an automated trading platform. or there are other brokers like fxcm that offer automated trading but its expensive.
1) forex software that you teach when to give you buy/sell signals
2) Online brokers that offer automated trading platforms that you have to teach too
