subject: Forex Automatic Trading Software [print this page] Retail forex (foreign exchange) has now been recognized to be an important and growing segment within the worldwide foreign exchange marketplace. Many private individuals use retail trading platforms, running on their home personal computer or laptop, to connect to forex deals in the markets. Forex automatic trading software has now been developed. This software can help the retail trader by analyzing the market trends, and automatically placing orders based on general instructions provided by the user.
In recent years there has been a lot of growth in retail forex, and a large number of retail traders now invest their money and time in the forex business. Platforms (MetaTrader4 for example) are required to connect the retail trader to his broker to place buy/sell orders.
In conjunction with a trading platform, one can also use automated trading software such as FapTurbo. This program, and other similar programs, uses time proven trading techniques classed as technical analysis. Technical analysis techniques are based on the premise that future market performance is predictable based on analysis of past performance.
Over many years technical analysts studied the performance of markets including foreign exchange. They particularly studied parameters such as price movements, and trading volumes. The analysts then developed numerous theories and techniques to use the historical data to predict future market moves.
Market analysis techniques may require a considerable amount of either skill or time to employ on an hour by hour basis, but they can be used as the basis for computer programs. Auto trading computer programs use these technical analysis theories to determine the ideal time to place orders, and to take profits or cut losses.
Anyone who decides to invest in the retail forex markets would be well advised to make sure they fully understand how the software they use works, and how it should be set up and configured to achieve the best results. Most programs will allow a trial period using "pretend" money, and this time can be well spent in learning how to use the system, and what sort of results might be achieved.
Any investment in forex markets will involve risk, and investors should never be risking funds such as retirement nest eggs which they cannot afford to lose. I am personally making more than 10%-20% a month consistently using a Forex professional automatic trading system that I found online which you can find out more about at my website link below.
