What is Forex Trading Software and How Does the System Work?

Are you looking to make huge profits in less time? Forex market is the one for you! Yes, believe it or not, you can rise from rags to riches by trading in this market. Surely, you would have a question in your mind, what is Forex trading? So, let's understand what exactly it is.

Forex or the foreign exchange market is the largest and most liquid international financial market where currencies of nations all over the world are traded. In this market, foreign treaties are continuously bought and sold across markets, both local and global. Based on the rising and falling of the currency market, you can buy or sell contracts to earn immunity profits. This market, which runs non-stop for 24 hours a day and 5 days a week, is reputed for being pretty volatile theby offering lots of profit opportunities.

Surely, one article is not enough to explain you in-depth about what is currency trading; however, one article is enough to tell you about what is Forex trading software that simplifies the whole currency trading for you! Interested? So let's go ahead and find out more about what is Forex trading robot.

These are highly-intelligent software programs that are designed to analyze the currency market through complicated algorithms and tell you about the best trade options based on these calculations. Forex robots or automated forex softwares are designed after meticulous research and have the reputation of generating massive profits. Let's look at the benefits of…



Source by Allisson Wood

Artificial Intelligence in Forex Trading

There are already a number of foreign exchange trading software with claims of success in the field of trading. While some of those robots really have something in them and could make traders earn tons of money in just a few days, only Forex Megadroid uses artificial intelligence in making trading decisions. This software uses RCPTA technology so this means that this robot makes no mistakes. Because of this technology, the robot is able to predict the market movement accurately within the next 2-4 hours. Most forex robots are able to analyze market trends but lack the ability to adapt to unexpected changes in the market movement. This causes the users to lose trades.

John Grace and Albert Perrie combined their experience in trading and released this one of a kind foreign currency exchange robot in the spring of 2009. This software is still relatively new in the market but based on the early results, any average trader can see that is the best trading software currently available in the market.

Boasting of 100% accuracy in its predictions, is it possible to say that another robot can perform better? What's even greater with this software is both newbies and experts can use it in trading. Beginners can make use of the built in Meta Trader trading platform to have access to virtual trading environments. It is normal for new traders to doubt whether an automated trading robot can live up to its hype and with this free demos, they can test the product out and see…



Source by Helen C. Wilson

Robominer Review – An Honest Review on Robominer EA

Review Updated: 30th Nov 2009

Robominer is a grid trading robot. It works in the theory that using prudent money management, no matter what the price went to in its historical operating range, the trader using this strategy will not ever get a margin call. This is achieved by limiting the contract size of the investments to a small percentage of the equity balance.

Types of Robot: Grid Trading Robot

Broker Platform: Metatrader 4 (Work on both 4th and 5th decimal brokers)
Back-test and Forward Test Generated: Alpari UK
Price: $ 497 (one time payment) or $ 39.99 recurring monthly subscription
Refundable: No, it allow demo testing by registering with their website prior to purchase
Pair: Aud / Nzd and Eur / Chf

1. Money Management

It is unique in its way because money management is calculated by balance factor in this strategy. In its default setting, every $ 4,000 in your equity, the robot will add 0.01 volume (1 micro lot). If you have an account size of $ 10,000, you will start trading with 2 micro lot.

The idea for this strategy is regardless of what how much the price moves, the trader will not ever meet a margin call. This explains for the very small contract size traded.

You can specify the balance factor, but by entering how much dollar to a micro lot. That is if you specify 3000, that will be for every 3000, the strategy will trade with 1 more micro lot.

2. Drawdown

The Back tested results showed a maximum drawdown of not more than…



Source by Warren Seah

FAP Turbo and Forex Megadroid – Features Similar and Different

If you are looking for an automated forex trading robot to use for your trading business, the top two and most popular should be part of your list. FAP Turbo and Forex Megadroid are two of the most preferred and famous among forex trading robots. These are said to be the most efficient and dependable. Before making a choice between the two, it is important that you analyze carefully their features and claims to know which robot can really fit into your trading style and business.

Registration – one must register an account first before actually have the right to use the robot. With Forex Megadroid, you can get activated with just a single process. On the other hand, FAP Turbo still needs two accounts to be activated.

Stealth Mode – this is a feature that robots use to inhibit the price manipulation and stop loss tracking by those undependable brokers. Good thing is that both of these forex robots have this feature.

Expiration – once you register with the Forex Megadroid, you can use the system for life while the FAP Turbo will require some updating and interval every few months because of its expiration.

Prediction Features – this requires good analysis from the robot. Both of the forex robots have the ability to make forecast and make trading easier by avoiding losses depending on the analysis that the robot makes.

Also, both trading robots can perform all trading tasks efficiently and accurately. These are the reasons why they are created for traders. You may opt to do a…



Source by Kelly J. Brown

Trading With a Forex Robot – Can You Make Money?

 The Forex is a huge opportunity for making money

People are making large sums of money trading on the Forex market today because the Forex is the most volatile market in the world. Volatility is great for traders, since there are huge opportunities for making profits on both the upswings and the downswings in the currency markets. The Forex is the largest market in the world with over 3 trillion traded each day! But what is trading with a Forex robot all about?

What is a Robot?  

You need a system for trading, whether home grown or purchased. Many different systems are available and some are excellent. My favorite systems are called Forex robots. These are simply computerized trading systems that trade for you using prescribed parameters that you set in advance. This takes all of the emotion out of your trading decisions, probably a good thing for your health. But the best part is that while you are trading with a Forex robot, the robot is watching the market and placing trades 24 hours a day. Where else can you make money while you sleep?  

What is the FAP Turbo Robot?  

One of the best systems available today is the FAP Turbo robot developed by 3 college students. The system is designed to be operated by normal people without any prior knowledge or experience with trading. The system does not require any specialized understanding of currency markets or international finance. Best of all, you can start with a balance as low as $50.00 in your trading account. Most of us are…



Source by Mike Earwood

Role of Financial Advisors and Financial Planners

Insurance, funds, investments, business, retirement with so many financial goals to meet, making the right decisions can be quite a difficult task.

This is where financial advisers and financial planners come in.

Financial advisor and financial planners are professionals that can help you deal with various financial issues. These experts can help you maintain and achieve your goals through proper money management, asset allocation, investment planning, and many more.

These two experts however, have different functions.

A financial planner helps address certain issues through proper financial planning. This practice usually deals with matters such as cash flow management, investment planning, retirement, tax planning, education planning, and investment planning among many others.

Usually, planners help determine a person’s financial goals by evaluating several factors. These include resources and current lifestyle. A tailored strategy would then be developed to realistically achieve financial stability.

A financial advisor on the other hand, is professional that provides sound investment advice as well as other financial services to businesses and individuals. He or she commonly deals with securities such as mutual funds, bonds, futures, and stocks to increase the client’s assets.

This type of service is ideal for individuals or companies who want to minimize financial risk and ultimately maximize their money and assets.

Apart from providing financial directions, both advisers and…



Source by Khaty Panambo

Forex Millennium

Product Name: Forex Millennium

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Continue reading “Forex Millennium”

Attractions Of Mexcel Trader By FxDialogue

Metatrader by FxDialogue, is an extremely user friendly commercial solution, which does almost all things which user need to perform with Metatrader4, by simplifying it through amalgamation of the trading platform with Microsoft Excel.

Metatrader4 is used by online Forex (foreign exchange) speculative traders as a software program and in Forex terminology; it is called Electronic Trading Platform. This software uses scripting language MQL4, which enables Forex traders to develop scripts, custom indicators and the most attractively, create Expert Advisors. Many brokerages that were using other trading software replaced or started using Metatrader4 as alternate trading software. It is very effective as it provides real time charts, operations in trade and technical analysis. Metatrader4 platform is considerably focused on margin trading.

Internal programming language used in MetaTrader 4 is like “C” which is a machine language that allows software users to program their own signals, trading strategies and indicators. And to interact with Excel, users first have to crate C++ library which is accessible from Metatrader4. Empowering Metatrader 4 with Mexcel Trader makes it significantly easy because it gives greater flexibility and the minimum language issues.

Mexcel Trader has certain very important features incorporated, along with tools that help a user to formulate Forex strategies, graphs and design charts without the knowledge of MQL, with the best being, that for using…



Source by Vasko Alexi

Long Term Care Financing

Covering the rising cost of long term care has been a subject of much debate and discussion for a number of years now. And if the past is any indication the subject should stay in the limelight for years to come.

Nursing home costs on our area average $150.00 per day for custodial care and the average stay averages a little over a year… 388 days to be exact. Using those figures the cost comes up to $58,200.00.

This is a cost that not very many people can afford to bear themselves.

There are a number of ways for long term care, whether in home or in the nursing home, to be financed.

1. Self Pay, this one is fairly obvious. You pay the bill with personal savings and assets. The problems with this option are also obvious. A lot of people do not have that kind of money lying around and if they do, they probably have planned on using it for something else besides paying for nursing home costs.

2. Medicaid. This option is for the segment of society who have few enough assets and income to qualify for help from the state to pay for nursing home. This option is becoming increasingly difficult to qualify for. With state budget stretched to the limit, most states have tightened the requirements for individuals to qualify for this type of assistance.

3. Life insurance and annuities. Recent innovations in the insurance industry have brought these financial vehicles into the long term care arena. One option is the purchase a life insurance policy that includes a benefit that allows the…



Source by Mark E VonMoss

Technology Trends That Will Dominate 2017: Big Data, IoT, AWS and AI

Technology has remarkably changed the way we live today, there is no denial to it. Compared with our ancestors, we stand far away from them in using different technologies for our day-to-day works.

So many technologies are developed in the past couple of years that have revolutionized our lives, and it’s impossible to list each of them. Though technology changes fast with time, we can observe the trends in which it changes. Last year, 2016 had bought so many fresh innovative ideas and creations towards automation and integration etc., and this year 2017 is expected to continue the similar kind of trend.

In this article, we are going to discuss some of the notable trends for this year, which will make us look beyond the horizon.

Gartner’s 2016 Hype Cycle for emerging technologies have identified different technologies that will be trending this year. The cycle illustrates the fact how technology innovations are redefining the relations between the customer and marketer.

This year, Gartner has identified Blockchains, Connected Homes, Cognitive Expert Advisors, Machine Learning, Software-defined Security etc. as the overarching technology trends, which have the potential of reshaping the business models and offering enterprises the definite route to emerging markets and ecosystems.

#1. Blockchain

Popularly known as ‘Distributed Ledger Technology’ for both financial and non-financial transactions, is one of the mystifying concepts that technologists could only understand to the…



Source by Neha Sharma