How a Forex Signal Generator Helped Me Generate Profits

For beginners in Forex trading, recognizing Forex signals could be compared to looking for a pin in a very large haystack. Imagine having to stare at fluctuating Forex currency ratings every hour and trying to decipher some semblance of meaning from the combinations only to find that the ratings have changed, yet again. In Forex Trading, investors need to recognize familiar “signals” or movement patterns which mat indicate perfect opportunities for trading. Forex automated trading service providers now offer trading tools which can aid individuals perform basic spot tasks. One of these automated tools is the Forex Signal Generator.

What is a Forex Signal Generator?

A Forex Signal Generator is an important component in Forex Automated Trading. This is a sort of software which is built to complement online Forex Trading Platforms and Forex Expert Advisors (EA). Forex EAs respond to cues or Forex signals which are indicators based on specific currency rating combinations in the Forex market. These cues determine the path which Forex EAs take i.e. should the Forex EA advice/decide to buy this currency or not?

Forex EAs are programmed by algorithms which are supposed to react to common Forex marketing behaviors. Forex signals can be recognized by topnotch human Forex experts who have been amply exposed to the movements of the trade. A beginner who’s trying to survive the competition in Forex trading might be lost to the entire “dance” of numerical figures. Forex EAs are built to recognize certain Forex signals which will indicate ideal trading opportunities. For the Forex EA to function, though, these Forex signals must be put into its system/program.

Again, exceptionally good and experienced Forex investors will find it relatively easy to interpret market behavior and come up with effective Forex signals. However, a beginner might not be able to come up with any effective Forex signal for a long time. To buffer losses caused by inexperience, a newbie investor will prefer to avail of a Forex signal generator while s/he is still trying to get the hang of Forex trading. This can allow him to fare better in the tight competition of the Forex scene.

Where can one find a good Forex Signal Generator?

Forex signal generators are usually offered by the same providers which manufacture Forex EAs and administer Forex online platforms. It’s advisable to get your Forex signal generators from the same company that provides your platform and EA to ensure that they are all compatible with each other.

Well known Forex signal generators are also reviewed in most online forums. It’s good to visit these forums to ensure that the Forex signal generator you are planning to use is recommendable. Newbie investors and companies need to be very careful with black box Forex generators and EAs which abound the market. Scammers are only to quick to ride the bandwagon of Forex Automated Trading.

Get your Forex signal generators from reputable Automated Forex Trading Service providers. It’s also good to have at least ample,basic knowledge about Forex trading before embarking into any kind of investment. Think of Automated Forex Trading programs as mere tools to ease the basic tasks of trading. The should, in no way, be considered complete supplements to human trading, analytical and research skills.

Steve Comet is a pseudonym for a group of experienced forex traders. Our team has reviewed all the different forex auto programs [] that exist, and found out the ones with make money. Check out our forex automated trading reviews []


Do Not Worry – Technical Analysis Will Be Done by Automated Forex Trading Signal Systems!

Forex (Foreign Exchange, Forex currency exchange) simply means the buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always traded in pairs Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve trading of the major currencies.

Forex trading requires a constant monitoring. You can win the forex market if you can monitor the forex market all the time and should be able to analyze it. Trading forex needs a lot of research. Forex trading needs full time effort. Its not so easy to win the forex market just by being a part time trader.

Whether it is full time trader or a part time trader, forex market needs a lot of technical analysis and fundamental analysis. Doing fundamental analysis is really very easier than doing the technical analysis.

A technical analysis is founded on three suppositions:

1. Movement of the market considers everything;
2. Movement of prices is purposeful;
3. History repeats itself.

Basically technical analysis should be viewed as the study of historical prices at the market in order to forecast or even know with greater probability in what direction the future prices will move. Technical analysis needs various technical indicators, different types of charts, graphical methods and analytical methods.

Technical analysis needs a lot of time, concentration and patience. At the end of technical analysis, you get an idea when to buy the forex and when to sell the forex in order make the profits.

As a part time trader, you cannot keep much time for technical analysis. It’s the work of full time traders. But in that case, how could a part time trader win the forex market?

Forex market is growing faster and faster than any other market in the world. Many latest tools have also evolved for the forex market. The solution for the part time traders is to get the forex trading signals.

Trading signals are time-tested indicators of trends in the forex market. Breakouts, support levels and resistance levels, envelope patterns, currency pairs near moving averages, stochastic lines, oscillators, Fibonacci levels – application of these indicators enable forex traders to make a profitable entry into the market. There are about 26 such indicators – reason enough for investors to rely on seasoned forex brokers.

In other words, Forex Trading Signals are selling and buying recommendations given by any third party. Such parties could be brokers, brokerage firms, analysts, traders, forex related software tools, etc. Different parties offer different signals, tips, and trends for trading in forex markets. It is best to collect daily Forex signals from reliable sources. A combination of fundamental and technical analysis forms the foundation of accurate Forex signals.

In the other way, the part time traders should either subscribe for signals with any forex expert organization or they should have some software tool which would do the technical analysis for them and give the signals.

If you subscribe for forex signals with any forex expert organization, the forex signals cost anywhere from $50 to $200 a month. It’s up to the individual trader to decide if the cost is worth it. Don’t think that signals can take the place of trader education: they are advice, and if you don’t have the knowledge to analyze the advice, you should go back to the books before using a signal service.

Now coming to the forex trading software tools, there are some tools which will be available to you provided by your forex broker and also some independent tools (automated forex trading systems) which are independent on any of the brokers. These automated forex trading systems generate the signals for the day that when to buy the forex and when to sell the forex and automatically place orders for your broker without your presence

Coming to the automated forex trading systems that generate the trading signals, they are more handy. Generally the tools that are provided by forex brokers, they will be restricted to only particular currencies, but that would not be the case with the independent automated forex trading systems. These tools will be available in the internet market and that too for a low and affordable price. There is no need for you to pay every month for these tools; it’s just a one time purchase. There tools generally doesn’t cost more than $100.

The main advantage of these automated forex trading systems is that there is no need for you to depend on any other forex signal providing organizations or on the forex brokers who serves you. There are many chances that your forex brokers systems may also get down due to some other reasons. They can even trade for you even while you sleep!

To catch up with fast growing forex market and to make good profits in forex trading, I prefer the automated forex trading systems. These automated forex trading systems will be of more useful to both part time and full time forex traders.

New Automated Forex Software – Key Buying Features For Forex Traders

Any new automated forex software to the market will come as a breath of fresh air to Forex traders particularly if there hasn’t been a new release on the market for a while. Traders will be well aware that the launching of a new automated Forex software package will often mean new, innovative and creative time tested formula’s for selecting even more profitable trades.

Without a doubt Forex traders expectations will be that a new product introduced to the market will be able to assist them increase their ability to achieve still higher returns on their investments in the Forex markets whether they be experienced or novice Fx traders.

Working Smarter

Given that Forex traders live in a world dominated and constrained by time, working smarter, faster and more efficiently is the generally accepted catch phrase of successful traders and has been for some-time now. They say that information is power and in the forex markets that is certainly applicable and is the key to trading profitably. That being said it would be perfectly logical to assume that those that have access to information first will be the first to capitalize.

Smart traders will already have a working plan and strategies in place to ensure profitable trades, however the smart trader also recognizes that one never stops learning and there is always something new to learn. The day a trader stops learning is the day he/she needs to seriously look at giving the game away because there is only one direction from that position and that is backwards.

For the serious and smarter players however they are always on the lookout for tools that can give them an edge over millions of other players in the Forex markets. New automated Forex systems are definitely one way to go. There have been a number of good automated systems on the market, however some are now a little dated and will need to be modified to include some of the latest information technologies.

Check out the Developers

Developers usually come from backgrounds in the Forex markets or program development fields. They will either have both the skills and backgrounds to enable them to create an automated forex software package themselves or they will collaborate with others that have complimentary skills to undertake such a project.

This is important to Forex traders when assessing or evaluating a new product on the market. Credibility of newly introduced software to the market is vitally important. The more experience and knowledge the developers have of the Forex markets and program development the more credibility they will have.

Developers will always undertake rigorous research before embarking on a project such as this, including long periods of back testing and a thorough analysis of other leading automotive Forex software on the market. The goal being, to bring something new and exciting to the market, something a little more advanced and more profitable than their nearest rival or competitor. Having that competitive edge over rivals is ultimately what forex traders are looking for.

What traders are seeking

Traders are looking for ways to make their job easier. They are constantly on the lookout for automated Forex software systems that will not only have all the features that existing products provide but also something new and innovative that can improve their existing positions finacially. The whole idea of introducing a new product to the market from a developers point of view is that they have recognized a gap in the market that is not being serviced or provided for. If the product can produce this it will have a competitive edge and will have a major point of difference over its competitors.

Additional to these points traders want automated forex software that is relatively easy to use, affordable and will add value to a traders existing position. Having these benefits in place for traders will undoubtedly have potential users reviewing the developers product with meticulous care in anticipation of what this could mean to their future online business success.

It will be the very reason that Forex traders will be interested in purchasing any new automated Forex software product to the market. If the new product cannot meet these requirements the undertaking would have been a waste of time.

Positive Features To Look For

• The automated Forex software package no matter how sophisticated should be relatively simple to use, easy to understand and uncomplicated. Software designed to take away tasks that would normally have to be done manually by the novice or experienced trader. This is a major benefit for any Forex trader.

• The automated Forex software will be programmed to generate above average returns making it even more appealing. The software theoretically, should be the answer to anyone having money problems as was recently stated by one promoter.

• The automated Forex software will be programmed to inform a Forex trader exactly what to trade and when to trade with mathematical precision taking the risk out of any trades that a trader in the past may have been unsure of.

• This automated Forex software will be programmed to not only determine the best time to buy but is able to predict that when a purchase is made, the price will go up and the Forex trader will profit from the trade.

• The automated Forex software will be programmed in such a way that even Forex traders with no previous experience can get involved in the $4+ trillion a day huge Forex market. Having access to automated Forex software that can do all the hard analysis work for traders makes it a must have tool. This has got to be one of its biggest features.

The big question in most Forex traders minds will be, what’s this software’s point of difference? Is it any different from similar products on the market and if so how? Will it add value to their present situation, is it easy to use, cost effective? etc. The answers to these questions will ultimately determine whether Forex traders will add this new automated Forex software to their existing armor of Forex trading tools.


There will always be a demand for products or services that can help Forex traders achieve their business goals much faster. A new automated Forex software should be programmed to provide Forex traders with the opportunity to turn a few dollars into hundreds and hundreds into thousands with a few clicks on the mouse.

Obviously the trader will need to be shown how to use the new software including features like how it interpret insider, buying and selling signals. Providing easily understood cutting-edge training manuals and video’s is essential for to get a new system up and running so that traders can generate cash returns in quick time.

Before making a buying decision Forex Traders should be prepared to look at the top three products on the market and after a thorough review eliminate two based on some basic criteria and go with the option left.

Make sure to get your Free Report [] (before you make that important buying decision) on how to easily decide on a winning automated Forex software [] in the Forex market by applying 3 basic criteria.

10 Most Frequently Asked Questions on Forex

1. What is the best Forex platform?

There is no one way to answer such a question. This will of course depend on the trader, in accordance with his preference, knowledge, experience as well as what he intends to trade (which financial instrument). Many intermediate-experienced traders, especially when trading on the currency market, prefer to use platforms such as MT4 or C-Trader which are designed mostly for Forex trading, as well as CFD trading, and for someone with some knowledge of the trading market.

Others, more novice traders would prefer the use of such platforms as ones found from Easy-Forex, iForex, or eToro, where limited math/ computational knowledge is required for their use and are a lot more straightforward to use.

More advanced/ experienced traders, which may also prefer access to multiple markets would prefer to use such brokers as Interactive Brokers or SAXO Bank’s SAXO Trader. Such platforms usually contain much more advanced charting/ analytical tools (although to be fair most analytical tools can also be obtained from MT4/ C-Trader) and also give access to thousands of instruments including Equities, ETF’s, Swaps trading etc; and are designed with the ability to effectively allow traders to partake in such markets.

2. Forex Trader: What is the best way to do forex trading?

If you’ve looked into trading forex then you have most doubtable been exposed to all the various opportunities to make money and are wondering which is the best way to learn forex trading. First of all, the foremost thing I would advise is to get a Forex Education. There are countless material on Forex in the internet for newcomers as well as experienced traders – all you need to do is search. Spend some time reading up on how forex trading works, the concepts behind trades and how prices are impacted by economic and political conditions.

Secondly you must get some experience, if you want to learn forex trading, it’s the only way. To begin with it is prudent for this to be on a demo account. This will give you a good technical foundation on the mechanics of making forex trades and get used to using a trading platform.

After having traded for some time on a demo account it is very important to also use a Real one, albeit with little investment amount – find a broker that will accept lower sized trades (0.01 lots for FX) so that you can get a real feel for the live market. It is a whole different game trading on a demo and real platform, due to the psychological effect that trading with real money has. Trading small will allow you to put your money on the line, but at little risk if you make mistakes or lose money.

From there, provided you are gaining more than you are losing, you should gradually increase your trading size and invested capital, always keeping in mind it should be an amount you can afford to lose and which you feel comfortable with.

3. What is the best forex trading software?

There are a number of Forex Trading software available, all with their specific advantages and disadvantages. Many trading companies have built their own platforms while others prefer to use, and in effect White Label, existing solutions which are commonly known within the industry.

To say which one is best would be invalid as this falls on the opinion of the individual user, however there has been a clear trend in terms of popular platforms, which have proven to be favored among both novice and veteran traders. These platforms are the Metatrader 4 and C-Trader. The former has been built primarily for Forex products, while the latter has been designed to accompany other instruments such as Equities and ETF’s. Both platforms are easy to use and master and come complete with full charting and technical analysis capabilities.

4. Forex Trader: How can one be a good forex trader?

If it was to be summed up in one word, the key to a good forex trader is discipline. Yes there are many things to learn and know before you make any trades or get involved in the financial industry, but one thing that must stay consistent throughout is discipline. Discipline in learning, in making your first trades and in sticking with your plan.

The basics that all new traders should follow are:

– Learn about Forex – there is an abundance of material on the net. Spend a good 1 month learning. Study Technical and fundamental analysis. Your learning should continue well into your trading and be ongoing.

– Come up with a strategy – Set rules that will determine your trading pattern and how you will enter and exit the market.

– Practice on a Demo – Open a demo account and trade as if for real. Of course this will not be ‘exactly’ as if you were trading on a real, due to the fact that fear of losing would not weigh in on your decisions. Do not proceed to the next step unless you can make a profit on the demo first.

– Practice on a real account with small amount – Do this so as to be able to understand the difference between trading with real money and trading on demo. Do this with substantially a small amount, but enough so that you are concerned over losing it.

– Trade on real account with substantial amount – Do this with an amount you are ‘comfortable’ to completely lose. Even if your strategy worked on the demo and on a real with a small amount it may not continue to do so in future. Stick to your strategy (have complete discipline). If you see the strategy is failing, then adjust your strategy accordingly, but stick to it (to the pip) at all times once it has been decided.

5. Foreign Exchange Market: Is it possible for an amateur forex trader to make sustainable profits trading forex?

Many Traders have made a living off of trading Forex and some have had very wealthy returns which have allowed them to become self-employed and leave the 9-5 work behind them. All of these traders have 1 thing in common – they all started out as an amateur forex trader! No one is born with the trading know-how; it is achieved through dedication and discipline.

So Yes! an amateur forex trader can indeed make sustainable profits from trading forex. As long as he is willing to put in the effort and has the discipline to follow through with such a commitment then there is no reason why he cannot do what others have done before him in the same shoes.

6. Forex Trader: Who is the best forex trader?

There is no one best Forex Trader – or at least there is no clear way to measure this (is it the amount one has won or the % gained from it). Also as many of the top forex traders in the world do not trade with their own money but instead funds and Company capital, it means that different psychological and risk appetite conditions exist for different traders and as such makes it bias to compare such traders success with those who trade with their own capital.

The one thing to know is that what a lot of Forex traders do have in common is their appetite for success, their diversified portfolio and willingness to take measured risk.

7. Has anyone ever made money trading FOREX?

Yes! Not only have people made money trading Forex but many have made a livelihood!

Although the majority of retail traders would not have as much success as professionals would, this is largely attributed to poor money management strategies and lack of discipline in sticking with their strategy.

With 100% discipline and a good money management strategy, there is no reason why anyone should not have a good chance in making money from trading Forex.

8. Is FOREX the best way to invest money?

It is hard to say if it would be the Best as there are numerous ways of investing money and would largely depend on what the individual is familiar with; however it is one of the best, largely to the fact that unlike stocks/ housing market – an investor can make money regardless of the how the instrument is doing by both selling/ buying that instrument (or doing both – known as hedging).

In the Stock market it is only possible to invest in the success of a stock – however in Forex you can both buy/ sell a certain currency against another and hence there is always a possibility for profit to be made.

Also the fact that Forex is commonly traded on leverage, it allows Forex trading to become one of the most volatile and hence allows for higher profits (as well as losses) to be made – if traded correctly.

9. Foreign Exchange Market: What are the best forex blogs?

There are a number of locations on the web to find a great forex related blog, in fact many brokers have their own blogs also; but in order to remain unbiased I will recommend a non-broker blog. One of the most useful blogs for both novice and veteran traders alike is at – there is a regular update on current market movement as well as an abundance of information and back-forth ideas being expressed.

10. Why do individual investors usually lose money in Forex?

The majority of retail investors end up losing money in Forex. In spite of the fact that they may receive the right training and educative material (or at least the same as some other successful traders may receive) many often fail due to bad money management rules and/or lack of discipline. The latter is the most often.

The hardest thing in Forex is not making the calculations or predicting where to enter, how much to trade and/or what your limits should be; it is sticking to your strategy and following through with 100% discipline.

Making Money Online With a Forex Trading System

In this article I will discuss making money online, Forex trading, and software related to Forex trading. Both good and bad. As well as cover some other things. Though there are a lot of systems out there, more importantly scams, there’s not quite as many as there are online get rich quick schemes and ponzi schemes in general. There are still hundreds if not thousands of scams that directly relate to Forex Currency Trading. These scams come in various forms but often get the record set straight on them quickly, however a few others somehow escape the negative publicity and go for years and hit unsuspecting profit seekers where it hurts the most daily. The problem with Forex is that so much seems too good to be true, and a lot of stuff is, but it’s also true that many people have made millions and some aren’t really all that smart at it. You can profit from the right robot.

The first thing I would like to discuss is the topic of sales pages, that common pitch page that a lot of products use and you often think it’s gone too far or it must be a scam just by looking at it. But when you think real hard about it, over half the time this is not actually the case… These sales pages are so long and packed with information since they are commonly advertised on the web and it is more or less business strategy, as opposed to anything reflecting the product. Certain vendors force you to use pitch pages, they need a specific landing page and it makes things much easier for sales transactions.

So rather than guide you through a structured web site with more details through various sections; they often use this pitch page and they generally pack it with information and a ton of hard selling. This has proven to be the trend and it’s gotten harder and harder for some EAs to market their software without these types of pitch pages. It is often the case with digital products and or/stuff you can order online. When it comes to these make-money-online and Forex sites they often have a lot of flash to them and obviously many things to draw customers in. In reality it’s not much different from any other form of advertising, most certainly not the likes of gambling, and so forth. They need to have some sort of appeal and be competitive. My conclusion is that even if it looks like it could be a scam, do your homework anyway and it may not be. It just depends. Some things are signs, but in my opinion web design and hard selling are not direct signs of a scam. Though in the Forex Market something to hope for would be charts and proof.

With regards to the surveys and other things, it amounts to filling out spam for pennies pretty much, data entry is the same and much more annoying than even the most desperate realize. It also makes you look bad if you tell your friends. You still have to spend time to make any real money, not prizes, and some also require a credit card number on file, and they text you and stuff too. Let’s be honest, it sucks. It’s bottom of the barrel work that just isn’t worth it. It’s for the ultra-lazy. The kind of human being who for example might get scammed by a Forex system. Not a serious adult who is looking to profit from investment and extend their savings, along with make more money in general.

I once tried a clicking service just to see if I actually could make money, on the popular moneytec forum it was this highly suggested thing by a bunch of lazy work at home users, but I bought into it at the time, and, no joke I signed up and they told me it would be easy and they would make it easy to visit 1000 sites or whatever they have you visit for 15 cents. So I clicked a link and it just starting loading every 2 seconds, it was awfully slow, I waited 15 minutes and that was only like 25 sites, i got a virus after, and i closed it fast. I abandoned the 15 cents for it and thought instantly that these poor souls who do this are a whole helluva lot more desperate than I am. I do not belong in these sort of slums of the internet. This is the first time I have ever written about it. Besides that several years ago before I started trading Forex I also wrote a few surveys and never got paid once. I have marketed online to some success but mainly my success has been through Forex Trading. That’s why I don’t need to work a real job and can sit around doing stuff like this all day. Publishing is very important to me. Once something you write online get’s indexed by a major search engine like Google, chances are that it will be there for a very long time. I find that important anyway…

There are other ways you can make money online without Forex Trading, though sadly it is often bottom of the barrel work; boring data entry, filling out surveys for pennies, to name a couple of the more common ones. If you’re into making web sites you may also advertise on one of your sites or a network of sites, and for that you need fresh content and you need to get traffic, which is way harder than one might think. You can sell products virtually as an affiliate, though you need to find your niche and work very hard at it, it becomes a time consuming job for some people and no matter what you’re likely to going to need to invest in something no matter what you do. Whether it’s Forex, Web Design, Advertising or whatever it is or a combination of things, most importantly it takes time and ability to adapt your passion. Though you still have much more freedom, affiliate marketing online is very crowded and has been for years. You can also use a revenue-share article and/or video submission service in hopes of being one of the few who can actually earn a living at it. Though that is not for everybody. If you’ve got four young children and only have an extra hour or two a day to pull in some extra income you most likely don’t have time to play a Martha Stewart like figure. Most people don’t.

Forex Trading on the other hand is more convenient in the sense that it is an extremely profitable investment opportunity given the right expert adviser, to advise your trade and supply your signals, generally to guide you. That is option one. You need a broker. It’s way easier than you think and in the Forex industry not as big of a word as you might think, easy to get and you don’t gotta meet them in person or anything. It’s an online thing.

There are many options to trade Forex, one of the most common would be the use of automated Forex platforms and Forex robots, all automated Forex trading in general. There is nothing wrong with it. This is where expert advisers come in, EAs for short. These are the Forex experts as I mentioned above who supply your trades and information to you. They pretty much tell you what to do. Some are much better than others. Some are not out to supply signals at all and simply selling their software to make profit from that end. Proper automated Forex software oftens runs on the metatrader 4 Forex trading platform, or at least the more popular ones do. Your EA software is like plug-in software for it. I’d actually be wrong to say all EAs use it, but many of the ones I have experience with use the Metatrader 4 Platform and I prefer it.

The other way to trade Forex is to study the market, find all the relevant information you need, take a very long time of a few months to several years to learn something, only to have it blow up as you were still too inexperienced to do something with your strategy when the market changed. Strategy is a very important element of online Forex trading but not just having a strategy, it’s about having enough strategies and being able to adapt properly with the market. This is why a lot of people fail without popular EAs, because the EA is usually a well experienced trader and your common trader can’t provide himself with signals even half as good and a lot less consistently. The well known EAs are usually like 15 year traders and so forth who studied the market like a school subject and make extra money on the side by selling there signals too you, or software which grants them.

A lot of Forex EAs today simply don’t have that sort strategy or ability to adapt with the market… Thus not making them scams, but just not prepared for the long haul in general. I have a lot of experience with failed systems and systems that worked for just a little while. I have others that work to this day but I am always seeking new ones. I can review several including one I use now however that has already been done a few times over.

If you’re looking for the cross between really learning Forex and just really having to learn complicated signals and software I’d suggest Forex Fap Turbo. The downside of this is you often need to buy extra stuff to learn it and some of it is useless. All of this for pretty decent software but it takes way more time and skill and not something I was happy with. I requested and received my refund for the software and some other software related to it, as it was just not for me and the only people i heard reviewing and bragging about it were a lot more educated before they tried it than I was. I wasn’t ready then, am not ready now. Though it’s a well reviewed Forex system and not a scam, I’d provide a link to a review but there is too many of the same, several are mere Forex advertisements so that’s not a lot of help. It also brings up a lot of the Fap Turbo related software that isn’t even the direct software and you gotta buy it separately. So it’s a lot of hassle even more than some typical investments that aren’t related to Forex.

I have also tried automoney and several other Forex robots and automated Forex platforms. I have found that many of these automated Forex systems are a dime a dozen and send you through far too many loops to get the desired results. If they don’t eat your entire investment… Some systems don’t have stops and you have to do too much manually, others are slow, and sometimes the EA is simply just not your sort of teacher and you get lost sometimes…Some EAs will simply sniff you out and then screw you over in the end. This is why it’s important to watch for signs of proof either by service trial or physical proof before making your purchase of expensive Forex software.

I have also used Forex Assassin, the eToro Forex trading platform and Forex Harvester but nothing really significant has come up from any of those systems for me.

Some Forex marketers, EAs and employees in general and so forth are so vicious that they monitor new “Forex” related domain registrations and somehow get your email address and solicit you… So you have to be aware that in the Forex market as far as Forex expert advisers go, there is a lot of them competing to get your money. You are merely seeking the ones who are also looking to have a solid reputation and actually provide you with profitable trades, your EAs #1 objective should be successfully trading Forex and not selling their software. This is another thing that makes the simple “pitch page” easy for EAs with very little maintenance, on that end of things. The software should be and often is a side venture for Forex experts who can actually profit from their knowledge of the market and have the means to market themselves… Can anybody create automated software and sell it? Probably not, I think it’s a bit of a stretch but then again it depends if you even get software, or whatever, most systems that are fully developed and have good features but don’t work – were more than likely meant to work at some point.

I have read up on quite a few of the most popular Forex review sites like Forex Peace Army and many other well known ones, and to me they all pretty much point towards the same complicated software and their voters are already experts investing 10s of thousands already and they barely feel some of their losses. They switch around a lot; nothing turns out to be solid in the end. The reviews on sites like that most likely got started through advertising. Too many people get to review their own systems on Forex sites like that, etc. You never know who the reviewer is. Searching for automated Forex software reviews is almost impossible nowadays since they all say pretty much the same thing and are mostly positive…

I have read up on many “free Forex signal” reports on the web and I also participate actively on various Forex forums and other Forex related sites. I often find with these particular free Forex signals at least my impression is that you get somebody looking to be a mentor of some sort for you, they are usually shady and turn out to be lacking when you need them the most. These guys are usually empty handed. They are trying to freelance or whatever so that they can supply systems and build a name for themselves, but the problem is that these are the guys who after so many followers do create a commercial system and then ultimately end up failing, their the failed EA newbies to some extent and you want an EA who is an accomplished Forex expert.

One should consider it much better and safer to use an established system that is known to work, and not the work of an aspiring EA, or even worse, somebody who doesn’t have those credentials at all and are just trying to stuff their ego. I have not enjoyed the free Forex signals and find it more like looting through them then finding anything really that productive, not much is there or else all Forex signals would have to be free and would be for everybody, all the best Forex signals would be free. At least that is my concept. I don’t want a rookie EA telling me what to do, since the trend in the Forex market nowadays is most definitely for more popular and well established EAs to sell systems, mostly automated software. That is one thing I don’t understand, who these people are that clog up the forums with nonsense and think they can compete in the market with actual successful Forex EAs who really know how to trade.

How much you want to trade really depends on you. If you’re a Forex starter you need to have a good EA for starters, and while I can’t hand pick one for you, I can provide at least one review since I have spent time on the subject, in this article off-site to an excellent EA which i have tried and complies with several of my standards. I feel it is an excellent resource for people like me at least who gets lost on the big stuff. There are many fish in the sea.

The review: [] – The software is called Forex Money Train in case the link goes dead. My overall conclusion is that Forex is the best and most sophisticated way to make money easily, if you put some effort in you will realize it’s easy to get a handle on a good automated Forex trading robot. The day I find something better I will write a new article about it.