Forex Trading Signals Vs Trading Robot

Forex service or trading robot? These are some of the choices we, as traders, have. So how do you decide which is right for you? That's what I'm going to try and help you figure out.

Trading Robot
First off, trading robots can range in price from well under $ 100 to well over $ 1000. So, depending on what you're willing to spend and how much time you have to sit and watch the market, will determine if a robot is the right choice for you. Also, how much support you will receive from the vendor; are the updates free? How quick are questions about the system or problems answered? Is the system all inclusive or are there add-ons that you need to purchase to make it really automatic? These are just a few of the questions you need to ask yourself.

Forex Trading Signals Service
With services, you will most likely have to be able to spend more time at your terminal. Not to mention, depending on where in the world you live, you may have to work the gravity shift, or sacrifice some of the better trading times available. Also, you usually have to subscribe on a monthly, quarterly, or yearly basis with a service, which is usually considered to be a little pricey (anywhere from $ 99 / month to $ 299 + / month), which makes this option a bad choice if you're trading mini lots or worse yet, micro lots. But if you're able to trade standard lots, there are some providers that can help you make a very nice…

Source by Henry ML

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