Forex Trading Software
Friday, 25 July 2008
The operators are desperately trying to find out what is the best software Forex Trading on the market? People read magazines, forums, visit chat rooms for an honest review of forex software. Well, this is a program of exchange consideration for you: You should not have to pay money for a platform Forex Trading. The Free Trade software as Metatrader mapping or software included with most brokers exchange should be more than sufficient.
All companies that promise they have the best trading software exchange are only give you indicators rehashed delay. It seems that every day we get the "latest and most" indicator. The indicator that all the work for you to tell you where to buy and sell. If it was really easy, then why is it that 95% of traders end up losing money?
Part of it has to do with the fact that a delay indicator can not predict a market. The other reason is that most traders do not understand what these indicators represent. For example, when two lines intersect each other, it tells the operator to buy or sell. But the operator does not have the slightest idea of what's happening in the price. For all intent and purposes he / she did not even look at the price, all they have to follow these indicators. It is quite difficult to trade the Forex market. It is about 100 times more difficult when you do not even understand the evolution of prices.
So you can browse the Internet for all software change review site, but once you realize there is no "best" Forex Trading software, you can try to understand prices. A perfect example of how unnecessary all these indicators are magic, is to look at the famous Jesse Livermore. Livermore was a world famous stock trader who traded on the market floor in the early 20th century. He became a millionaire just to be able to negotiate the price action on the ground. Now, if someone in the early 20th century can be crowned with success without even a table, let alone all the "magic" of indicators that are there now, so why can not it be done now, at the turn of century?
Labels: forex
posted by Master @ 03:25,