Thursday, May 1, 2008

Forex Killer Review

Forex Killer by Andreas Kirchberger is a very intuitive and easy-to-use Forex trading system. It?s not a full trading system but it rather creates its own signals based on the time frame and currency pair that you want to trade. You can choose from between 5 minutes to 1 week time frames, giving you the ability to either day trade, swing trade or both. You can adapt it to your own trading style. But it goes even further? Forex Killer has some pre-defined stop losses and target profits. You can adapt those too in order to suit you more or to get better risk-rewards. This way, you can maximize your profits and minimize your risks which will let your account grow?

Do you want to trade forex? Or are you already trading forex? If you want to be a successful trader you need trading education and learn about the best forex trading systems. This WIki will provide you with everything you need to know to make money trading forex.

So how does it all work? Well Forex Killer is programmed to detect extremely low-risk trades which it carries out for you with no input from you at all. While the trades it makes are usually a lot less profitable than if the trades were being completed by a knowledgeable forex trader due to the fact that it's only completing low-risk trades, however the fact that this program is always awake and trading means that you will generally make more money due to the fact that it's always trading and never taking breaks, or going to sleep.

The major benefit to using Forex Killer is that a total Forex novice can begin using the program right away, with no knowledge of how it actually works. The fact of the matter is that the forex market is an extremely lucrative way to make money online, however if you don't have knowledge of how to trade or what to look for, you'll most likely not achieve the results you desire.

All you need to do in order to use Forex Killer trading system is to feed the software with the last 10 closing prices of the currency pair you want to trade (you can do this manually or simply import the data as CSV file directly to the software). Then, set your favorite time frame, stop loss and profit target margins (if you wish to change the pre-determined) and press ?Calculate?. It?s as simple as that.

The Forex Autopilot System is a relatively new system designed as an ‘autopilot', automatic trading and stock selecting software program. It's designed to do all the work for you as the trader. It selects stock and trades even while you are away from the computer. It employs the almost the same type of forex trading analysis as the Forex-Killer system, but picks its own signals. The Forex Autopilot system also comes with a crash course that teaches all you would need to learn about forex trading.

of the people that trade forex lose money, even in the long run? For many people, trading equals gambling. Here is where the problem is, to make money CONSISTENTLY and increase your bank account, you need a PROVEN AUTO PILOT NO-GUESSWORK SYSTEM. It is even better to have a proven software that does the thinking for you and therefore eliminates the "human error" factor.

The good news is there are mathematical forex trading system software available in the market place. What is needed, however, is for the software itself to be simple enough and easy to use. 11

Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Forex Killer isn't a magical machine you just switch on and watch your bank account explode. It's a valuable tool which you can use to make a lot more money, but only if you take the time to learn how to use it.

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