Is Forex Auto Money For Real?
If you didnt know, forex auto money is one the foremost signal providers in the forex market. This essentially means that they recommend trades to either buy or sell to their members, based on their very own research.
They dont trade for you though. Its not a Forex EA. You have yo use your own judgment and decide whether that particular recommendation is right for you or not.
This is really perfect for those traders who dont have time to look over the forex market for themselves because they are busy at work. All you have to do is make a choice on whether to trade or not.
But how good are the signals from Forex Auto Money? After all signal provider is only as good as the recommendations that they are making. So the question remains, are they just another scam or can you trust them?
I personally believe that the answer is somewhere in the middle. Obviously predicting the future price movement of the forex market is not an exact science. The only thing that a true signal provider can do for you is increase your chances of success. Nobody is 100%.
So as long as you are realistic, I dont see why you cant have long term success with this. Of course, you may experience some losses in the short term. That is natural, but the key is to generate consistent profits year after year.
A lot of this really has to do with the behavior of the market. This is true of any signal provider, including Forex Auto Money but when the markets are at their most volatile is when it is tougher to predict where the market is headed. However in steadier times, I think youll find it much easier to predict future price movement.
Frankly you have to understand what kind of market you are trading in before you can determine if the signals you are getting will be accurate or not. - 23212
They dont trade for you though. Its not a Forex EA. You have yo use your own judgment and decide whether that particular recommendation is right for you or not.
This is really perfect for those traders who dont have time to look over the forex market for themselves because they are busy at work. All you have to do is make a choice on whether to trade or not.
But how good are the signals from Forex Auto Money? After all signal provider is only as good as the recommendations that they are making. So the question remains, are they just another scam or can you trust them?
I personally believe that the answer is somewhere in the middle. Obviously predicting the future price movement of the forex market is not an exact science. The only thing that a true signal provider can do for you is increase your chances of success. Nobody is 100%.
So as long as you are realistic, I dont see why you cant have long term success with this. Of course, you may experience some losses in the short term. That is natural, but the key is to generate consistent profits year after year.
A lot of this really has to do with the behavior of the market. This is true of any signal provider, including Forex Auto Money but when the markets are at their most volatile is when it is tougher to predict where the market is headed. However in steadier times, I think youll find it much easier to predict future price movement.
Frankly you have to understand what kind of market you are trading in before you can determine if the signals you are getting will be accurate or not. - 23212
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posted by X - Men @ 2:39 AM
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