Friday, January 1, 2010

My Favorite and Recommended Automated Forex Resources

All About Automated Forex Trading -- This is an excellent, inexpensive guide, written by seasoned Forex trader Dan Steng, that helped me understand the ins and outs of how automated Forex trading REALLY works, and why most people fail at automated trading when they first attempt it.  Cannot recommend this eBook highly enough, lots of information, gets rid of the confusion, and also comes with a Forex glossary, and 10 selected articles.

The FAP Turbo Automated Trading Software -- Probably the ONLY Forex automated software you should own.  Make sure you get your own dedicated server for this software, or you won't see any big differences.  Without the dedicated server, you might as well trade manually.  This is the same program I have used for years, and has never let me down.

eToro -- This is an awesome website where you can practice trading, and trade in real time.  Open up an account with them, and they will deposit $1000 in return.  A true, risk-free way to learn how to trade in the Forex market hands-on.  An incredible deal -- I signed up with them a few years back, and have never even THOUGHT of cancelling my account.  Every aspiring and seasoned trader needs an account with eToro.

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