Your Questions About Forex Trading Software

kenspong answers:

Most brokers provide their trading software for free. Maybe you’re actually looking for commission free forex brokers.
Take a look at FXcast.com. They don’t charge commission, have no hidden fees and provide the highly popular and versatile MetaTrader4 forex trading platform.
=>http://learn-forex-online.com/goto/fxcast/

kenspong answers:

Yes. It’s actually called FxMoneyMap. I don’t have any experience with it. But I would suggest that you check out the reviews at
http://www.forexbastards.com/education_reviews.shtml.

I was also looking for some training from an experienced, successful. Professional trader and I was happy that I found
fxbootcamp. You can check out Wayne in action at http://www.squidoo.com/fxbootcamp.

I am currently assembling a Trading Team to review some interesting Forex strategies. If you have an interest drop me a line.

Best wishes for a successful and prosperous 2007.

Paul

http://www.teampip.com

kenspong answers:

You should read some reviews! Better many reviews and then decide by yourself – what is the best for you!

kenspong answers:

Got it a few weeks ago and still trying it.

The charts are easy to use and everything is user friendly. Results and signals look quite good. I’ll only been doing demo trades. Hope to start on real trades next week.

It has a good money management system that is worth its price. Nothing is more important than money management in forex trading.

kenspong answers:

Forex market or Foreign Currency Exchange market is one of the biggest trading market in the world with over USD 1.3 Trillion traded in a day. It is drawing attention ever since it is open to Online trading. Forex trading can be very profitable if you take your time to do a proper research, understanding various options and choose a system that works for you. The most used Forex trading system may not be the most suitable for your needs.

There are many different kinds of Forex Trading Systems and you need to know a few facts as mentioned below, before choosing and funding a system.

1. Testimonials: Is there anyone out there who is trying to sell a system and show you testimonials from the people who actually didn’t like the system? Highly unlikely. You should do proper research before indulging into a system that is completely new to you.

2. Profit: Do you want to work with a Forex Trading system that breaks even? Why? If you keep the money in your home, you will still break even, then why take all the hassles of setting up an Forex Trading account and do all the work. Really speaking, you should always do some research on how profitable a particular trading system is?

3. Drawdown: The maximum drawdown of trading system is defined as the greatest peak-to-valley drawdown in a trading system’s equity. Maximum drawdown gives us a measure of the survivability of the trading system.

4. Time to profit: The actual time it takes to achieve the results with a particular trading system. You should plan to have a long and profitable relationship with your trading system.

Try to use a trading system that let you open a Demo account so that you can practice and learn about Forex Trading without risking any money.

I have tried many of these systems in my quest to simplify my trading experience. I personally have found FreedomRocks to be the system that has worked for me. I have found no bad information on this system from anybody that has actually used it. I have found many skeptics and bashers but nothing from those that have actually tried at least the free trial they offer.

Below are a couple of links I have found in my travels around the web:
http://www.yourforexinvestor.com
http://www.babypips.com

Sincerely,
Brandon Wells