Free Forex Buy and Sell Indicator - Does One Exist?
I love Forex tading, you love Forex trading, we all love Forex trading. It's easy money, what's not to love? The point of trading is to make as much profit as possible but if we don't have an effective trading system we're going to fail... fail miserably. No one wants that so let's look at our choices here.
Before going any further in the article let's answer the big question, which coincidentally is the title (okay, not such a coincidence after all but play along). After hours of research and after signing up for 9? Yeah 9 e-mail subscriptions I couldn't find a very effective one. Most of which crashed either when I opened it or when I you know, tried to use it. I'm about 90% sure the ones I installed are filled with spyware so as I type this I am scanning. Hopefully by the time I finish the article it'll be done and I can give you the results. I scanned before installing them because I'm always a bit weary about installing free software, so I was 100% clean beforehand.
Well that certainly blows. You'd think someone would develop a free Forex trading system that actually works. It seems like there's open source versions of everything these days, even big applications like Photoshop (GIMP) and Microsoft Office (Open Office). Complaining will get us nowhere so we might as well look at our paid options. While having to spend money sucks in this case it's actually beneficial... I mean if we can find an effective Forex trading system we can easily make back what we spent right?
Our options are pretty simple. Buy a book or e-book, attend a seminar, talk to an advisor or buy an autopilot trading system. All of which depend on your overall goal, really. Books/e-books and seminars are fantastic for people looking to learn everything about Forex trading... and that's A LOT. Forex trading is complicated man. Talking to advisor is great because you can guarantee you're getting quality advice from a credible person, we like that.
The final option gets the best of both worlds in my opinion. Learning everything there is to know about Forex trading can take years but if you grab an autopilot application you don't need to learn squat, it'll do all the work for you. I'm going to be honest with you; I'm lazy. I don't like reading 100's of pages trying to memorize everything, I'd much rather spend time jammin' on guitar or you know, something fun. The second thing you get with these fancy autopilot applications is expert trader and/or advisor advice. Not only were the applications designed by them but a credible Forex trading system offers support from the traders/advisors that designed it or even those who use it. Quality information + autopilot application = winning combination for me. You may be different, you may want to learn the trading system inside and out and that's great. But if you're a lazy cat like me there's really only one option to consider in my opinion.
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Source: http://ezinearticles.com/
Added: June 10, 2008