Even in the world of trading and online forex, you can rely on some specific automatisms to carry out certain transactions. This is auto-trading software (also called Robots) designed to perform some preset actions instead of the user, based on a strategy already implemented: you only need to install them on your PC and connect them to the platform you intend to use to trade. Often one is led to think that these tools that make trading automatic are intended for the beginners of the sector, rather we must consider them as aid for those who are more experienced.
Before delegating one or more tasks to the software, it is good to understand which types exist and how they can intervene in our place. Some of them are designed simply to carry out an action of preventive analysis of the assets that interest us and that we will indicate before, so that we can suggest the favorable time to invest; others can even make the investment itself automatically, leaving the user only the faculty to decide a priori the maximum cost of each operation and possibly a limit to losses, under which the program cannot go.
Not all applications of this type can be used with the various online platforms dedicated to trading, some prohibit the use for those who perform all investment transactions independently. Others may not be compatible with the platform itself and therefore useless. The advice is obviously to test the software for a period in demo mode, investing limited amounts or virtual money. Robots for online forex trading are easy to download and you can do it regardless of the broker we intend to use for transactions, just check their compatibility in advance. In some cases, the platforms themselves offer users their own software, free of charge or against payment, to avoid problems of this kind and with the aim of "retaining" them by registering.
As already mentioned, the ability to automate some processes in the trading phase is certainly an advantage of using robots, as well as being a valuable aid especially for those who approach this type of investment for the first time. Time savings should also not be underestimated, and robots can be relied upon to implement tried and tested and effective strategies. Among the many pros we must also mention some cons: among them there is certainly the risk of running into unreliable robots, how to figure out what they are? I advise rather trivial but that always works, wary of what are presented as infallible and that promise with certainty huge gains in a short time and without effort. It must be said that the risk of having some loss must also be considered with the use of automatic software, because forex and trading are not "matters" certain and predictable. According to the statistics, software users have suffered the greatest losses because of these situations:
There are so many robots for online trading. We see the main features of the best known and most used, with the invitation to test them in demo mode and after taking a look at the opinions of other users.
Working in the forex and online trading market is undoubtedly a winning strategy to earn money: everything is to know all the risks of this sector and know how to operate taking advantage of the advantages, without underestimating the disadvantages of these investments. The spread of forex is now global: it is one of the most recent sources of income for those who know how to speculate and move in the financial sector.
The success is linked not only to the diffusion, but also to the presence of applications developed to support those who do online forex and platforms with software and strategies developed by major financial institutions and beyond. Among the best-known products, which are the masters of the sector now, we obviously have binary options trading, the exchange of shares and the ability to "play" with derivative securities.
When we combine different types of options with the underlying and with other options, we are working through so-called complex strategies, which therefore allow us to generate profit not only during directional change but also during a change of volatility or with the passage of time.
In this way, we could gain even if the forex market remains lateral, exploiting any macroeconomic events to our advantage.
So, let's deepen the strategies to earn, and especially to know what are the tools to go to "fight" on the playing field of international markets: online applications, fx trading software
First, let us try to establish which are the situations from which we can get the most results. To trade online in this way is to exploit the properties of forex, which is an international market that does not have an effective "physical" headquarters. There is therefore no major player that can change the fluctuations of currencies (euro and dollar but also others), since everything is regulated by a central system that has the sole objective of acting as a guarantor in the control of the market. In our country, for example, this role is managed by the Bank of Italy.
The online forex trading market is in effect a liquid market, where all trades can be defined as continuous trading. At the same time, any player can sell or buy products on the market using tools and fx software via the internet.
The software and platforms for trading are constantly growing: if you also look at your online bank, you may have added a section in recent months through which you can turn to this market to make targeted investments.
The fastest way to earn and succeed is to operate through the programs dedicated to trading operations: these programs allow users to operate in peace and security, and to be connected almost in a "social" with a whole other string of experienced users, from which to copy strategies or take advantage of.
One of the most sophisticated and best realized programs to "play" is Metatrader4. Thanks to this excellent and advanced real-time investment system, you can trade on the Forex market, on the CFD and on the Fures. Among the various opportunities that Metatrader4 offers users, we first have the execution of a series of orders in specific mode (Instant Execution, Request Execution, Market Execution).
In addition, the program for Forex trading provides brokers and traders online with a wide range of technical indicators for advanced analysis of statistics and charts.
Currently, the following brokers are active on Metatrader4:
Another platform to operate in the market via the internet is MetaStock Software, developed by Equis, an American company that has been working in the sector for more than 30 years, and has created one of the most widely used software for trading analysis.
There are different versions of the program:
Among the functions implemented by MetaStock Software, we have the presence of more than 100 indicators to evaluate the market, a series of graphs for investment management and analysis, an indicator builder and many others to study and analyze calmly on the official website of the program.
For several years now, you have been hearing about online trading and the possibility of becoming a trader easily and start trading the markets immediately to earn a lot of money quickly. False!
When trading online, it is always recommended to choose a good broker and a valid and reliable platform, but above all regulated according to international and national regulations; among the recommended platforms also in the forums of enthusiasts and on specialized trading sites such as migliorbrokerForex.net is mentioned ProRealTime, a free online trading tool. It is not open source because you just need one registration to download it.
As part of our "study path", after addressing the main basic terms, today we will address a very important topic such as the analysis of trends in Forex market. As we did for the trends at home Trading, today we will deal with issues related to Forex indicators.
The technique I will describe to you today is a technique with a deadline of 10-15-20 minutes that uses a few simple but effective indicators.