A NEW TRADER NEEDS YUR HELP
- Thread starter abm
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A: Please do not use all caps, all caps usually indicate shouting for obvious reasons.
B: Fx trading is not a first come, first served, sort of a business option. Sure, you can get served first but chances are if you do not know much about this market, you are going to alchemize [coined from alchemy] your dollars to cents in one go.
C: No one is going to help you look out for such a software for two reasons: The first one would be that there's no software that is going to do all that with balance in the green yet.It's called the "holy grail" and all the traders are currently on the quest for the same. The second being that no one wants to share in the wealth..
sorry if that sounds a tad cynical but it's the truth.
B: Fx trading is not a first come, first served, sort of a business option. Sure, you can get served first but chances are if you do not know much about this market, you are going to alchemize [coined from alchemy] your dollars to cents in one go.
C: No one is going to help you look out for such a software for two reasons: The first one would be that there's no software that is going to do all that with balance in the green yet.It's called the "holy grail" and all the traders are currently on the quest for the same. The second being that no one wants to share in the wealth..
sorry if that sounds a tad cynical but it's the truth.
Totally agree with the comments above. I strongly recommend you do not even think about a real $ account until you have practiced with a demo account (and virtual money) and experienced and achieved some competency. Losses are painless this way. It is a thing to be mastered and there is no wonderful arrows to buy here and close here - we can all see that when we look back right to left. The problem is we trade left to right and all these fancy systems all draw our attention to the (obvious) past - which is not so obvious in the "now" moment.
Exactly!
The problem with software like this is that it doesn't allow for trader discretion. In my view, this is essential if you want to trade successfully. Obviously, a sound trading strategy needs SOME hard and fast rules to keep you on track. Still, you need to be able to use some discretion because even the best strategy cannot cover every eventuality.
I would agree with what has been said, learn to trade. It will take more time, but the benefits are worth it. I would recommend that you open a micro-account and fund it with a small amount. Only trade 0.01 lots until you get your feet wet, develop a strategy you feel comfortable with and make sure you will learn from your mistakes.
I agree with Alchemist that who ever is trading with robot/ software will soon end up in shame .Robbot is software programmed for a particular purpose ,using it in forex will not go well because forex is too dynamic that even human being can fail,the best robbot is yourself,the level of your understanding of forex is the level of effectiveness of your robbot.
People desire one thing just to dupe lazy forex traders,i have not seen good robbot than myself.
Yes..
And that's the truth..EA's do make money for one person and that's the developer who came up with it. Actually most of the sales pages for these so called ea's are just plain gibberish with a healthy splash of your snake oil..avoid ea's at all costs!
And that's the truth..EA's do make money for one person and that's the developer who came up with it. Actually most of the sales pages for these so called ea's are just plain gibberish with a healthy splash of your snake oil..avoid ea's at all costs!
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