Do you Know of any forex software that tells you when to trade right?

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Nigeria
April 29, 2007 6:54am CST
Pls my fellow mylot users, I have had evil days in the forex where I lost all the money I have earned since the day I decided to become an interent enterpreneur in the forex market.I mean I have lost about $450 in forex and what is left in my account now is just $10.However I don't want to give when I heard of a trading software that tells you when to trade and make profit.Friend,Do you know any of them?
1 person likes this
7 responses
@marcuma (10)
• United States
7 May 07
There are signals you can buy that tell you when to enter and exit a position. I've never used them but they really don't make much sense to me. I'm new to Forex, but I believe that you must learn everything you can first. You must know the economic factors behind the market. Watch the news, learn the charts etc. There are arguments as to whether fundemental or technical analysis is better. I believe they both are valid and both should be used. The more you know, the less chance you have of making a bad decision and losing all of your money. remember.. nothing good is Free. You must work at it. I've never made any significant amount of money doing nothing. Once you know all of the information you can and daily watch the events that change the market and can read and interpret the different charts and indicators, then you would be better educated to chose a signal. That would make your work easier but only after you have done your portion of work.
@vampoet (825)
• Singapore
13 Jun 08
Please do not waste your money on signals. They work sometimes but only half the time. I have created a system with moving averages. Maybe you can have success in your trading after taking a look at my blog? As a thank you there are ebooks on trading which I bought which u can download for free. http://forextradingforus.blogspot.com/
@vampoet (825)
• Singapore
13 Jun 08
Hello, I have 2 systems on my blog. one i use moving averages only and have 80 to 90% accuracy. I have charts and all to show how I trade on my blog. Can you please go take a look and lemme know what u think? As a thank you you can download some e-books which I bought for a total of 100$ plus yours for free as a thank you for stopping by my blog and leaving me your comments. I have another system in my blog...auto trading. maybe you can take a look http://forextradingforus.blogspot.com/
@x_pd_c_27 (112)
• Malaysia
6 Jun 08
hi guys, have you hear about forexkiller? it's a good tools for forex trader..I got every month about 7000 usd..Anyone want buy this software from me, please leave me a message.
@bcl_me (582)
• Philippines
9 May 07
you should try freedomrocks...it helps you a lot in your forex trading...or you will need to learn & formulate your trading strategies so that you will not lose any money. creations of a software you describe is very much possible but will still be based on known technical analysis methododolgies.
• India
9 May 07
First this is No One can predict Forex market, second thing is, there are many software which provide forex signals but all are very costly 100$ -500$ per month. I have one solution for you just visit below site, here you will find how to use Forex chart and Forex Technical indicator to determine forex signal. Just try all for virtual forex n which you think is best, apply for Live Forex. http://richbuddy.blogspot.com/ If you still have any problem PLZ reply to this post and i will try my best to help you.
@simpman (58)
29 Apr 07
There is no magic software solution that will let you win on a constant basis. From what I know, most non-professional forex players lose most of their money sooner or later.
@suntxt (31)
• Philippines
29 Apr 07
Hmmm I havent heard anything about this one But I doubt it that it would be reliable if there is such a thing because forex have a lot of factors in it