There are thousands, maybe even millions, of people who are making an above average income online trading forex, or foreign exchange. You may have heard stories of people who are making well into the six figure income range trading forex, and they claim to do it all on autopilot. So, you may be asking yourself, 'What is the best automated forex trading system, and how can I get my hands on it'?
The foreign exchange market refers to the trading of one countries currency for that of another. The value of any given currency will rise and fall in response to world events. This volatility makes forex a very lucrative market. The forex market is traded 24/5.
The forex market is a 2 trillion a day market. Compare that to the 25 billion the NYSE does daily and you begin to understand the amazing opportunity the forex market represents. You can really make a lot of money if you are in the right place at the right time. But with the market being traded round the clock how can you be sure to be in the right place at the right time? Simple, you use an automated forex software system that you can set and forget.
You don't want to waste your hard earned money on just any automated forex software though. You want to make sure you have the very best automated forex software available today. There are several features you want to make sure that any software you buy has.
The first criteria for the best automated forex software is simple...does it work? I know of only one software program that offers live proof on their website. They have 3 different real accounts set up with real money being traded in real time. You can see if the software really works. You don't have to rely on some back tested demo account.
Of course, no matter how great the automated forex software is, you won't have winning trades all the time. That's why it's important to never trade more than you can afford to lose. Having said that though, the best automated forex software will take all the fear, greed and fatigue out of your trades which will greatly increase your profit while greatly decreasing your risk.
Another feature you should get with any automated forex software would be great customer support. The best software in the world won't make you any money if you don't know how to use it properly. At a minimum you should have video tutorials, written manual, email support and phone support. A members only forum would be a great extra perk. You could pick the brains of other traders and being able to do that is especially important if you are new to forex trading.
Something else that is a very nice thing to have and should come standard with the best automated forex software would be the ability to have your forex software hosted. If you share your computer or are prone to power outages this feature is really important. You wouldn't want to miss out on a lucrative trade just because someone messed with your trade settings or turned off your computer without your knowledge.
Forex is a 2 trillion dollar a day opportunity for you. Grab your share. Get your hands on the best automated forex softwares on the market today, learn how to use it, and sit back and watch your profits roll in. Do it today!
by Jake - forex trader with benefits