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which is the best free software investing tool I have tried forex it didn’t work for me?

This entry was posted on Thursday, January 7th, 2010 at 3:12 pm and is filed under Forex Tools. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “which is the best free software investing tool I have tried forex it didn’t work for me?”

  1. What didn’t work for you with Forex? Was it Forex that really didn’t work or was it the human emotion side that got you like it gets most people.

    If you were trading as a technical trader with charts and forecasts and ouija boards etc. it takes quite a bit of knowledge, training, parctice and discipline to make a go of it. If you were trading on the news as a fundamentals trader then you need quick data feeds and news sources, quicker trigger finger and a spot of excellent luck. News trading is a tough way to make a go of it.

    If you were taking the approach that the banks take and using a hedge trading strategy than I have no clue why Forex didn’t work for you. With a proper hedge trade you just set it and forget it….you can make money whether the market goes up or goes down and you will receive an interest payment every day….7 days a week.

    Where was your largest challenge with Forex?
    References :
    full time Forex investor and mentor

  2. Barry_Robbins_98 on January 7th, 2010 at 2:38 pm

    A excellent place to start learning about the stock market is http://www.top10traders.com – this is a free site that lets you make a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing thoughts. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can make your own "group" so that you can see how you are doing compared to your friends.

    Here are this month’s best traders:

    http://www.top10traders.com/Top10Standings.aspx

    Excellent luck.
    References :

  3. Using the Mtpredictor’s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we’ll straight away post the signals here in real-time if there’s any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are excellent from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That’s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..
    References :
    http://bsmtprediction.blogspot.com/

  4. The question is how long have you been trading in the forex market? It takes time some more than others. On the average, one should take about 9 mths to a small more than a year to really develop some degree of instinct for it. But, this does not mean every trade will be a winning trade but the risk of losing is reduced.
    References :

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