Online Trading Platform
Choosing a Forex Broker that is right for you is an essential step towards a successful trading experience. Some of trusty Forex managed accounts companies like ” team make several million dollars profit for their clients in a fiscal year so if you don’t know Forex trading or don’t have time to trade and manged your Fx account so open a managed Forex account and use top money managers to managed your Forex account.
The pipe dream of the fully automated expert advisor / trading robot system, goes something like this: If you buy our system, you will be able to put your trading on autopilot and watch the profits build up in your trading account, nothing is required of you except buying and installing this amazing piece of software into your trading platform”.
I can’t even tell you how many emails I get each week from people asking me questions like ‘Nial, how much money do I need in my account to make $1,000 a month’, or any number of other similar questions that just totally miss the point of what successful trading is all about.
You may not have a typical trend structure, but the price action (a very strong move) tells us the trend has likely reversed, and by waiting for a pullback that stalls out before that big move began, we are in fact trading a trend…it is just the beginning of it.
When trading, as in most endeavors, it’s important to start at the end and work backwards to create your plan and figure out what type of trader you should be. The most successful traders trade to a plan, and may even have several plans that work together.
For example, here at Xtrade, you can now benefit from the Autochartist market alert which employs a sophisticated algorithmic software to process real-time market data and generate rebound, breakout or approach technical trading recommendations at 15-minute granularity levels.