Anyone who are Forex Traders?

Question

Those of you who activily trade the Forex. What trading software and charting do you, use? Any complaints or comments. I am not yet paper trading, but will soon.. I would like some feed back. Thanks!

Answer 1

Hi there,

Yea i am a full time forex trader. Through my experience i can say that:

1. Learn concepts 1st. get familiar with the technical analysis, fundamental analysis, indicators and tools then only enter in this market.

2. Make use of stop loss, limit orders and trailing stops.

3. Make sure of the entry and exit points.

4. Don't greed. Predetermine your targets and then follow them strictly.

5. NEVER repeat your mistakes. Learn lessons from your loss and try not to repeat them.

6. Never follow what people say, make your own strategy and use them cleverly in trades.

7. Choose a good broker who can help you to make smart trades

Actually Forex trading is a smart activity done my smart people with unique strategy.

My smart Dealer: http://www.finexo.com/

Answer 2

I joined in one program which is very expensive,Cost is 249$ here we will get software,advisory,vip members forum.All things I liked very much.I almost got my investment Back.

Answer 3

I personally use a system called "Forex Autopilot" which does most of the work for you.

I found it at this site: http://www.fxsystemscompared.com/rev_for...

Answer 4

I use amazing software called "simple forex toolbar" contain updated live news, daily reports, forex tv and radio, charts, analysis and more...

can be downloaded free at:  http://www.voocash.com

Good Luck!

Answer 5

Been trading for 2 years already.  Initially didn't make much as I was extra careful as I started small and didn't want to lose anything.  I only started to make significant amounts this year when I started trying out the forex trading softwares and I got more aggressive.  

Forex Killer gave me the breakthrough and now I try to test out the forex software that people say is good.

I still keep my risks minimum and I never trade on my capital.

The strategy I keep now is to lock up my capital and just play on my gains.  I try to use software programs that are good but before I actually trade with real money, I do lots of paper trades until i feel comfortable.  I've done well in the last 5 months doing this.

Answer 6

well cirtenly not me sorry but i know a guy

Answer 7

Learn through this outstanding course and you will belong to those 5% making profits in forex trading.

http://www.Nitrading.info

Answer 8

Been doing forex trading and will continue to do so.  Find it really exciting and profitable.

But for newbie, I would advise them to be part of a group or forum so you can have access to others who are more experienced.  Difficult to start alone.

Join a club and get tips from others especially expert traders.  What you pay is nothing compared to whatever benefit you can get.

Answer 9

I had used FXCM & InterbankFX.  I like InterbankFX as the better of the two.

I've switched my FX trading to my stock/option broker;

http://www.thinkorswim.com/

The pricing is right & their charts can't be beat.  The number of order types is also exceptional... including OCO for Stocks/Options & Forex.

(that alone makes it worth while).

Warning:  Paper trading can be very decieving. I do suggest you use it, but don't think you're a genius & expect the same results with real trading. Psychology, stop hunting and other variables are not in paper trading.

Be very careful. All the brokers, software companies, EA's etc. will imply this stuff is easy.    It may be one of the ardest things you've ever done!!!!!!!!!!!!!!!!!!!!!!!!!!!