Forex Automoney: Key Factors For Choosing The Best Company
Finding the right company that provides Forex forecast is not an easy task
, especially because as an investor you really dont have a lot of available information that you can compare between different companies performance.None of the Forex Automoney companies would provide history data regarding their forecast, and even if they did, it would be very complicated to review this information in reference to the market prices at that time, since a lot of the forecast are intraday. It means that we need the historical intraday prices, which makes it a lot harder to compare big amount of data, and also to have exact information regarding the actual currencies prices during the day.
One of the rules of thumb that can indicate about the success chances a Forex Automoney company can be related to the connection that this kind of company has with other types of organizations. As we all know, there are companies in the Forex market, which trade on their own private portfolio. These types of companies dont sell their forecast of the currencies prices to others and just make use of the forecasts they generate from variety of tools in order to trade on their own portfolio.
It is clear that companies which trade on their own portfolio cant afford to themselves to have too many mistakes, which means that the forecast quality they generate has to be good enough for them to keep surviving.
Unlike the Forex Automoney membership clubs, that their forecast quality is controversial, the forecast quality of companies that trade on their own portfolio is considered to be reliable, and only because of the fact they trade their own private portfolio by that forecast.
In case companies that trade their own portfolio really have quality forecast, they would be able to utilize their profits from the forecast system, not only by using the forecast themselves, but also by selling the forecast to others.
If an investor would be able to find such connection between these two types of companies (same ownership for example), it would shed some light on the Forex Automoney company forecast quality, and on their success chances of generating a quality forecast.
A group of Finance MBA graduates has taken the challenge of finding leads that would better predict the Forex Automoney chances to supply a quality forecast.
You can read farther research result on http://www.forexautomoney-review.com.
From Michael Kahiri - MBA in Finance and Trading strategies.
by: Michael