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Tuesday, May 5, 2009

Forex Roboteer Review - Automated Forex Software Doubling Your Money in Three Months

By Brian Bodine

The Forex Roboteer is an automated trading software developed by Peter Parsons. Peter was trading for more than 15 years on the foreign exchange market but his trading was limited because of two reasons:

he was trading manually and

he had to tweak the settings of his Forex trading systems on a daily basis.

This took him a lot of time, time which he couldn't use to trade on the FX market. Therefore, he spent 3 years researching Forex optimization and used this experience to develop the Roboteer software with the accompanying optimization service.

Here are some of the features of the Roboteer software:

The trading software is the first automated trading software which uses three different trading systems to trade the EUR/USD currency pair.

The software comes with an atomization service which puts the software on automated pilot 24 hours a day during the Forex opening hours.

The trading robot averages about 4 trades per day and generates up to 83% of winning trades while trading the FX market.

The automated robot comes with a fully automated money management module.

The automated software even detects the type of the account (micro account, mini account or a regular account) and the size of the lots.

The software comes with a very detailed manual and free updates for life.

The Forex Roboteer software doubled the size of Peters trading account in only three months time. This year alone (as of the end of February) the Roboteer added an average of 23.1% to his three trading accounts. - 23218

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The Best Forex Trading Robots that you can Use Online

By John Dean

Getting into online forex can really be risky, most especially if this is your first time. It will be better for you to try some tools that can help you out with your venture. You can get these tools on the net. Just make sure that you examine them carefully before deciding which of them you would avail. It?s either you get something which will not work for you or worse, you might get scammed.

If you are new to this field, it will serve you best if you will check on the best forex trading robots out there. These tools are designed to bring solution to your online forex concerns. The software can help you a lot when you do foreign exchange online. Trading can be done with ease and convenience. Another good thing about it is that it will work even when you?re not online. It can analyze every transaction. It can also decide on its own.

You will identify the best forex trading robots if they can manage the forex business that you?ve established even when you?re not around. It automatically does its job and you?re safe even when you do not check your transactions hour after hour.

When trying out a Forex trading robot for the first time however, it always pays to exercise some form of caution. If you are still unfamiliar with a specific trading robot, you can try getting a demo account first to see if it works for you. Demo accounts are typically provided so as to give traders the opportunity to try out trading methods using virtual money.

If you are eyeing something which you think is the best forex trading robot, do not just give into your instinct. Check it first and try it out. Some products have great ads but once you?ve tried them, you will know that they are not the ones they are claiming to be.

Aside from the product itself, it is also important to take a look at the manufacturer. A credible creator plays an important role. A reputable manufacturer comes up with reputable products. For this reason, try a software which is created by a company that has a good name in the industry. There are usually lots of testimonials and reviews on the internet that you can refer to if you want to know what people are saying about a forex robot.

Another thing that you should consider if you want to get the best forex trading robot is if the product has a money back guarantee. Settle only for an offer that provides this type of service. It is not advisable to go for a seller that does not offer this type of guarantee.

Visit my blog and get to know more about the best forex trading robots out there. - 23218

Is Day Trading For You?

By Hass67

Many ordinary people are day trading from the comfort of their homes. Most of them fail. Not more than 10% succeed at day trading. Is day trading for you? Day trading is a great option for the right person in the right circumstances.

Make one thing clear from the very start day trading is not a hobby. Day trading is a job full time or part time but nonetheless its a job. Take it this way if you want to try day trading.

In order to be successful at day trading, think of it as owning a small business. Think that you are the boss and you call the shots.

Successes and failures in day trading are due to you. You need to understand this. You cant blame the markets. If you are an independent personality who likes to control destiny than day trading is for you.

Day trading only requires a computer, a good internet connection and an account with a brokerage firm. In day trading, you will use software to develop and refine your trading strategies. If you are comfortable dealing with technology, day trading is for you.

Lets say, you have always been fascinated with the financial markets and how they move than day trading is for you. Stock or forex markets are amazing. If you enjoy watching CNBC or Bloomberg than day trading is for you.

However, if you have never opened a brokerage account never purchased stocks or never invested in mutual funds than day trading is not for you. You will require prior investing experience to succeed with day trading.

Day trading can result in loss. If you can understand and learn trading systems, strategies and money management principles than day trading is for you.

If you are decisive, persistent and can afford to commit to your trading than day trading is for you. Day traders are usually strong personalities.

Day trading is sometimes stressful. It needs a good support system in order to maintain emotional stability when markets become jittery with news events that no one can foresee beforehand. Markets are ruthless. You need to be psychologically strong to be a successful day trader. Forex trading is best for day traders. - 23218

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Forex Trading Advantages Outweighs Disadvantages

By Bart Icles

With a daily volume of more than 3.2 million U.S. dollars, the foreign exchange is indisputably the most liquid financial market in the world. Simply put, it is the trading of almost all the currencies in the world. Since forex trading involves selling and buying different currencies from all over the world and profiting from the differences of the current exchange rates, it can yield high profits. This is a very good advantage especially if you're looking to earn big, however, the disadvantage in playing in the forex market is that is can also be very risky. This is because forex trading is speculative in nature, that is, a lot of its activities are largely based on guided speculations, and there is only a low percentage of market activity that represent companies' and governments' fundamental currency conversion needs.

Forex trading is directly taking place between the two entities who are necessary participants to make a trade possible. It can take place over the phone or over the electronic networks all over the globe. The main forex trading centers are New York in the United States, Tokyo in Japan, Sydney in Australia, Frankfurt in Germany, and London in the United Kingdom. Having these centers in place makes sure that the forex market is trading 24 hours.

Gauging whether putting your stake in the forex market is worth it or not can be done when one is given enough education on the advantages and disadvantages that the forex market entails. Some of its advantages are: 1. The liquidity of the forex market is like no other. This ensures price stability and narrow "spreads," that is, the difference between the asking rate and the bid. 2. It showcases a high leveraging capacity which enables one to have a position worth up to a hundred times more than one's margin deposit. 3. Trading occurs 24 hours, from Sunday evening (8:00 PM GMT) to Friday evening (10:00 pm GMT). This gives one the much-needed opportunity to be able to do something about bad news affecting the forex markets. 4. There is profit potential even in falling markets. Since forex trading is very dynamic in nature, there are a lot of opportunities to earn profits. Say for example the USD is stronger against the EUR and vice versa, you can sell EUR and you can buy it back later at a lower price. 5. Forex trading occurs without parties having commissions. DISADVANTAGE: 1. Since it is a very dynamic market, it can present a high risk if one does not watch it too closely.

Having a forex trading system shouldn't be complicated. Once a system works, one should keep using it. - 23218

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Hungarian Gold Coins: The Illustrious Hungarian Korona 20 Coin

By Christina Goldman

The Hungarian 20 Korona Gold Coin was first minted in 1892 and has quite an illustrious history. With a .900 fineness in actual gold content of .1960 Troy ounces, the coin was produced in 1848 to commemorate the crowning of Emperor Francis Joseph the First of Austria.

Emperor Franz Joseph the First reunited Hungry in Austria as an empire in 1867, but his history is riddled with unfortunate incidents and tragedies. Brother Maximilian was executed in 1867 by Mexican firing squad, his son Rudolf died in 1889 after committing suicide, and Karl Ludwig, his brother died in 1896. Italian anarchists assassinated his wife in 1898. His nephew, Franz Ferdinand is most well known for his assassination in Sarajevo in 1914, which for all intents and purposes, propelled the world into the Great War.

Hungarian gold coins were minted with the same denomination as Austrian coins and the Hungarian 20 korona, the most well known of Hungarian coins, offers a likeness of Emperor Francis Joseph facing right.

Hungarian gold coins offer high collector, investor value, the most sought after being minted between 1879 and 1908. The popular 1893 Hungarian 10 Korona and the 1908 Hungarian 100 Korona re-strike are favorites. With exquisitely detailed renditions of angels, crests, and renditions of Franz Joseph, Hungarian gold coins are available in various denominations, grades, and mintage.

Price ranges for Hungarian gold coins may range from $200 to nearly $1,000 depending on the year struck as well as availability, grade, and coin denominations. For collectors and investors looking for unique pieces that stand the test of time, Hungarian gold coins will remain popular favorites. - 23218

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