By Peter Johnson

It seems the flood of forex robots being released currently is never ending. Specifically if you are new to currency trading, it can be very difficult to decide which forex robot is going to deliver results. For this article we are going to look into Doubling Stocks, Forex AutoPilot System and Forex Easy Cash which have proven to be 3 of the more popular products.

A forex robot is basically software or a web based platform which allows users to automate their currency trading. Essentially the technology bases trades on statistical information an real time algorithms to decide when is the most profitable time to enter and exit a trade.

The first thing to look at with any currency trading product is trust. There are a high amount of scams out there, and you need to be sure that you are purchasing a quality product. Doubling Stocks has been seen and reviewed on ”interactive investor”, ”Business Week Online” and ”Entrepreneur.com”. Forex AutoPilot System has received a little more exposure and has been seen on ”NBC”, ”CBS News”, ”Business Week”, ”Entrepreneur Startups” and ”Entrepreneur Young Millionaires”. Forex Easy Cash has received minimal exposure in comparison. I guess the creator did not have the marketing budget. Research is key and you want to make sure the proof and reputation is there before you purchase- although both products come with an unconditional 8 week money back guarantee.

In terms of functionality I have been testing all products out in tandem, and the results have been varied. The main distinction is that Doubling Stocks is essentially a subscription to a forex robot service. You basically receive predictions via email, which you then can trade manually. FAPS on the other hand is software which allows you to automate your trading in real time. Forex AutoPilot System hinges on the Fibonacci Formula which is the most efficient way to predict when to enter and exit a trade for maximum profit and minimum risk. Forex Easy Cash is also a client based piece of software which automatically creates its on signals in order to enter and exit trades for you. I personally found Forex Easy Cash to be less user friendly, and the results have left a little to be desired.

The bottom line is either Doubling Stocks or Forex AutoPilot System will provide an automated method of currency trading. Forex Easy cash on the other hand leaves a little to be desired. Personally I feel Doubling Stocks is better suited to users with some level of experience in currency trading, whereas Forex AutoPilot System is ideal for users of all experience.

Conclusion

If you are looking for a forex robot, you need to be wary of scam products. Always seek testimonials and some form of money back guarantee. Whether you choose Doubling Stocks, Forex AutoPilot System or Forex Easy Cash it is important to realise that you need some capital to achieve leverage, and get the most out of these programs. Ideally $500-$1000US is a good starting point. Finally it is important to understand that a forex robot is not foolproof, and it is always advisable to have some basic understanding of currency trading before you begin.

About The Author

Want to learn more about the revolutionary forex robot Forex AutoPilot System that will completely automate and skyrocket your trading profits? Please visit:

http://www.forextradingsoftwarereview.com/forex-auto-pilot.html

By Brian McAboy

More money is lost because of emotions in day trading Forex currency than because of the unpredictable nature of the markets. You see it all the time. It costs you every time you hesitate to pull the trigger. Each time you stay in a trade too long and miss taking the profits off the table, you simply hand your capital to the markets. In each instance that you exit a winner early and miss the run is another indicator of the high cost of emotions.

“Once bitten, twice shy.” is experienced often in day trading Forex currency. The source of many emotional problems in day trading Forex currency is fear. There’’s the fear that you”ll get bitten again, because it’’s happened before. Exiting your trade too early, hesitating, staying in a trade too long all come from that fear.

Many feelings can influence your decision-making also, like hope, guilt, confusion, pride, anger, greed, despair, shame, anxiety, and a many other emotions. One of the biggies is revenge. Often when you take a regrettable loss that has you licking your financial wounds, there is a part of you that wants revenge. You want to get back at the markets and take back your money. It’’s only human to experience this.

One of the problems is that day trading Forex currency is an activity that in many respects runs counter to our nature and everything that we”ve learned growing up. In trading, emotions tend to work against you, in their function as part of your survival mechanism. It is un-natural for humans to step into a potentially high-risk circumstance, get hurt (lose money) a significant portion of the time, just accept it, and then ask for more. Self-preservation is our natural response. In day trading Forex currency, you”re trying to deal with the unknown nature of the markets, in addition to trying to assimilate a huge body of knowledge along the way..

Now, getting your emotions under control, or at least to the point that they don”t interfere with your decision-making and to act promptly at the right time can”t just be willed into being. Trying to ”force” things only works temporarily if it works at all.

The discipline to act decively will become easy as confidence replaces your fears. But again, you can”t force it. You have to develop a specific skill set, including a critical one called Emotional Intelligence - as a trader.

Because most have never participated in anything like trading, it is completely new and subsequently very challenging. In any occupation, to be good at it and have the confidence you need, and like all new experiences, you have to develop the skills for day trading Forex currency. Usually when you start a new job, your employer will train you. The company wants you to do well, so they make sure that you have the skills you”ll need. For most traders though, they never get that chance. The toughest way to learn any occupation is to be self-trained and by simply being thrown to the wolves, and this is particularly true in day trading Forex currency.

”Trading Psychology” books have been just about the only help for traders, but most of these were written by Psychologists and not traders. Emotional Intelligence is not a concept though, it is an ability and a skill. Reading only gives you knowledge. Skills come through actions. Your paradigms shift and your skills grow not through acquiring new knowledge, but through experience.

Until now, there has been little in the way of specific training on how to become a successful trader. The trading system gets at least 90% of the focus with most training that is currently available, not how to develop your Emotional Intelligence as a trader. Real trader training is now available through the Trading P.I.T. Club by Inside Out Trading. The training consists of 26 weekly lessons specifically designed to eliminate your fears and give you the confidence you need to trade well, without the emotional influences that can be so costly in day trading Forex currency.

About The Author

How much money have your fears cost you in day trading Forex currency?

Get your FREE six-lesson mini-course on Emotional Intelligence specific for traders here,

http://insideouttrading.com/pit/

By Terry Leslie

The link between our reality today and our goals for tomorrow is motivation. Motivating ourselves to do what needs to be done and to stick to a realistic timeframe for completion of these goals is the main ingredient in a successful venture. Often we have wants, desires, and dreams but lack the motivation to get down to the nitty gritty in order to turn our desires into tomorrow’’s reality. There are no shortcuts, just determined effort and basic hard work.

Setting goals can increase our level of motivation. Goals can help us create our own personal milestones that help us grab the daily bread, so to speak, and get our hands dirty with effort. When we set a goal, or a series of goals, we should be mindful to make them realistically doable, keep them on task and targeted, and use their completion as a yardstick in which to measure our progress and success.

Setting goals that are unreachable can be highly counter productive. After all, if we can”t enjoy the process of checking something off of our list or closing the page on a chapter we”ve completed, we just run ourselves into the ground with repeated effort and no enjoyment. Eventually, the inability to reach even one milestone creates dissention, and the average individual gives up and moves on.

Perhaps you are on the other side of the tracks and you like to set goals that are so reachable that your day is done in ten minutes. It feels good to check off our daily tasks and wind up with free time. Of course, we can make our goals so attainable that we are no longer moving forward with any real momentum. Often, we know this and are feeling the void of a true accomplishment when we set goals that are too easily reached.

Striking a balance between the two, finding which time frames motivate you the best might take a little trial and error. If you need ten little goals in order to reach the first big goal just so you can check them off your list, so be it. Just be aware that the first ten are micro goals and that your day is not complete until you reach the end game.

Using goals to motivate your successful trading days is done in the same manner that you reach other goals in life. First and foremost, write them down. If you have to, write them down every morning and check things off as you accomplish the tasks that reach the goals. Creating realistic and reachable daily goals is the ladder you build toward your monthly goal. When trading, you want to make sure you aren”t trying to live out a fantasy, such as turning chump change into the “big win.”

It is a proven fact that adults, teens, and children alike learn new skills better when the pressure applied to the task is moderated. For you, learning to trade and learning skills that will turn you into the top notch day trader you are looking to become, moderate pressure doesn”t mean trying to live up to the expectations of big wins and dream trades. Small trades learned over time will allow you to evaluate your progress without the threat of financial ruin. No one can perform well all the time under that sort of pressure.

Keep a realistic view of day trading, and don”t expect to be rolling in big trades with huge profits in just a few months, no matter what any introductory course may try to sell you on. Long term seasoned and well planned trades lead to financial success. Short term boost trades lead to a little extra spending cash on occasion, but not an overall freedom of financial wealth. By maintaining your education goals, your trading goals, and your ability to trade in moderation while you learn the ropes, you can eventually succeed into the land of financial freedom. Of course, this takes time, practice, and an honest assessment of your trading skill set.

About The Author

If you would like to immensely improve your trading and investing results, check out http://www.Secrets2Trading.com.
AND you will receive a limited FREE copy of the amazing book “Trading In The Zone” which is packed with trading ideas to instantly improve your trading and investing performance.

By Chris Vermeulen

The Secular Bull Market in Gold Investments corresponds directly to the Secular Bear Market in Financials. We explain why this trend will continue and why a short-term buying opportunity in Gold presents itself.

Central Banks are in all sorts of a pickle.

With overwhelming evidence that the global economy is slumping badly:
* UK Retail Sales see Worst Slump in 20 Years
* Business confidence in Germany is at lowest level in 2 years
* New Zealand’’s central bank cutting interest rates saying slowing economic growth will curb inflation.
* Japanese exports decreasing YoY, and imports climbing on record Oil prices.
* US unemployment at 4-year highs

The knee jerk reaction by central banks is to man the printing presses and hit the accelerator. And whilst this medicine has worked well over the last 25 years, Central Banks are now hitting a brick wall that they havent encountered since pre-Keynesian 1930s.
Freshly minted fiat currency is falling into the hands of a crippled banking sector with little capital, ability or desire to carry out the multiplier effect and make loans to real people in the real economy. In a debt laden global economy with no reverse gear this headwind is possibly the biggest threat the Federal Reserve and its ilk aka the establishment have ever faced in carrying out monetary policy

Point #1 Gold investors are well aware of the risks inherent in the current financial system.

The beauty of capitalism and the associated free movement of capital is that smaller more focused entities aka Hedge & Private Equity funds can and are rapidly moving into long held banking preserves.
* Direct lending to mid and small cap entities is now a well worn hedge fund territory.
* Extracting value through Shareholder activism.
* A much larger pool of capital available for short selling.
* Private Equity funds increase investment time horizons.
Highly secretive and operating out of non-transparent domiciles these entities are by and large out of the reach of the central banking system.

Point #2 Hedge Funds and Private Equity Funds do not benefit from Fed handouts and would be better served by a currency that acts as a stable store of wealth: Gold!

The transfer of the financial system is akin to the explosion of information on the internet. The players that used to have a monopoly on information become less effective. There will be winners and there will be losers. But right now a bet on Gold Investments like Gold Stocks and Gold ETFs is a bet against the Establishment and the out-dated mega-banking system.
Slower growth will continue to cause problems for financials as bad debts soar, and as a result Gold investments will continue to propel higher in its multi-year Secular trend.

Short-Term Opportunity

The above trend stretched too far technically over the last 3-months and there has had a rapid reversal over the last 2 weeks. This is a technical pullback only and the above fundamentals have not changed. Theres more to come in this fundamental story and Gold investments (we use GLD gold Exchange Traded Fund) and we could be getting close to another buying point for gold soon

Gold Investment GLD Fund Prices - $85 is strong support as a confluence of lateral support and the 50-week Moving Average converge. Its just a matter of time before we have another entry point to add to our positions and or make another profitable gold investment.

About The Author

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. http://www.TheGoldAndOilGuy.com

By Bart Icles

Are you interested in beginning a career in the forex currency trading industry? If so, there is a lot of information to be found on the internet about to help beginners get their bearings on this type of trading. This information is provided both free of charge and paid subscription. The first thing that you need to familiarize yourself with is what trading the forex is actually all about.

The forex currency trading market is one of the biggest financial markets in the world. Not even the stock market can measure up to the forex market. If you add the stock and the futures market together, the forex market will still be bigger and have more money traded across its platforms every single day.

Back in the day, the market was only open to those individuals who had a lot of money, a lot meaning millions. Today the market has opened to even the little guy due to the large amount of online trading companies opening their doors every day.

The forex market is made up of millions of individuals how are buying and selling different currencies. Every time someone trades, they are buying one form of currency and selling another type of currency. The major players in clued the US dollar and the Canadian dollar, the Euro and the US dollar, the US dollar and the yen, and the US dollar and the Australian dollar.

There are countless advantages of trading in the forex market as compared to other financial markets. The transactions are super fast and can occur any time of the day. You can also be assured that there will always be people ready to trade with you at any hour.

Another great advantage of trading currency is leverage. You can pretty much leverage about 200:1 in this market. With very little cash on hand, you can manage a large amount of currency. This is the number one reason why this market is quite attractive to individuals who want to increase their earnings quickly.

If you think that this is a get rich quick scheme, you are completely wrong. People can and do lose a lot of money in the forex market. Those who do enter the market with little or know knowledge or they act on impulse trying to get rich instantly. If you do not take the time to educate yourself and trade off of knowledge instead of emotion, you could be in danger of losing everything that you put into your account.

Begin preparing yourself now with the best forex trading courses and developing a great strategy to help guide your way through the market.

About The Author

Bart Icles is an expert Forex trader. He has developed a strong Forex trading strategy that he uses to successful trade the forex market on a regular basis. Visit http://www.forexstrategysecrets.com for more information today.

By Chris Vermeulen

Junior gold stocks may finaly make a move. The New York Stock Exchange indicator for new lows reached an extreme of 1304 on Tuesday the 15th of July. That was even worse than the 1100 new lows reached on the 22nd of January. Such extremes spell one thing P-A-N-I-C.

Whilst its difficult to infer any far reaching conclusions about one day sell-offs, even panics, the odds now favour a bounce in very oversold equity markets. As for how high and how long the stock market will bounce is anyones guess, but here again, probabilities favour the market to move higher and longer than anyone expects so that sentiment indicators return to their old complacent Bullish state!

What will work during this period of relative calm?

We had noticed a very definite flight to safety since market volatility began in October 2007.

Firstly, a flight away from common Dow stocks to Gold Mining Stocks because gold is seen as world wide currency which is more secure that worthless paper money. The Dow stocks have slowly been decreasing in value for the past year as gold mining stocks have been increasing in value overall. Gold stocks is were the smart money is moving into.

Within the Gold market this has manifested itself as a flight to bullion and away from Gold Mining Stocks. Yes money had been moving gold stocks higher but the majority of gold investors are buying bullion or the gold bullion etf (actual gold bars) because it currently has lower risk than trading gold mining stocks. So gold bullion and the gold bullion etf’’s have been out performing the price of gold mining stocks for the past year even thought both Gold and gold stocks have increased in value.

Now that there is a good chance equity markets will stabilize, the trends will moderate and reverse. This means Junior Gold stocks prices should begin closing the valuation gap and discounting higher earnings based on $900+ Gold.

The remainder of 2008 looks set to be very bullish for Gold Stocks and Gold Stock Juniors Gold Stocks in particular! August to December are the best months for gold for the past 40 years so we are looking for higher prices in the near future.

Many investors do not like the thought of junior gold stocks because of their volatility. There is a solution for this and it is to trade gold etf funds. The are exchange traded funds which trade like a stock but allows your to own a piece of each gold mining company and it provides less volatility. The two main etfs are GLD and GDX ticker symbols.

Junior gold stocks,Gold Mining Stocks and More commentary to follow….

About The Author

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. http://www.TheGoldAndOilGuy.com

By Marc Carson

The foreign exchange market is also known as the FX market, and the forex market. Trading that takes place between two counties with different currencies is the basis for the fx market and the background of the trading in this market. The forex market is over thirty years old, established in the early 1970′’s. The forex market is one that is not based on any one business or investing in any one business, but the trading and selling of currencies.

The difference between the stock market and the forex market is the vast trading that occurs on the forex market. There is millions and millions that are traded daily on the forex market, almost two trillion dollars is traded daily. The amount is much higher than the money traded on the daily stock market of any country. The forex market is one that involves governments, banks, financial institutions and those similar types of institutions from other countries. The

What is traded, bought and sold on the forex market is something that can easily be liquidated, meaning it can be turned back to cash fast, or often times it is actually going to be cash. From one currency to another, the availability of cash in the forex market is something that can happen fast for any investor from any country.

The difference between the stock market and the forex market is that the forex market is global, worldwide. The stock market is something that takes place only within a country. The stock market is based on businesses and products that are within a country, and the forex market takes that a step further to include any country.

The stock market has set business hours. Generally, this is going to follow the business day, and will be closed on banking holidays and weekends. The forex market is one that is open generally twenty four hours a day because the vast number of countries that are involved in forex trading, buying and selling are located in so many different times zones. As one market is opening, another countries market is closing. This is the continual method of how the forex market trading occurs.

The stock market in any country is going to be based on only that countries currency, say for example the Japanese yen, and the Japanese stock market, or the United States stock market and the dollar. However, in the forex market, you are involved with many types of countries, and many currencies. You will find references to a variety of currencies, and this is a big difference between the stock market and the forex market.

About The Author

Go to http://doubleyourtrades.com for a killer solution to beat the Markets!

By Bart Icles

If you are a trader of some sort, you probably realize how quickly the foreign exchange market has grown in the last ten years. It has truly grown into a large business and has millions of daily traders each day. The reason for this is because any new currency trader has the potential to make a huge profit in a relatively short amount of time.

What most people don”t realize, especially those wanting to enter the market for the first time, is that new traders don”t understand the market and dive in without knowing what they are doing. This causes them to lose a lot of money at the start ultimately forcing them out of the market forever. Only about ten percent of forex traders make it big, so if you want to be on of those ten percent, you need to take these steps to heart and do them!

- One of the most important things you can do in the beginning is finding a good broker who has an amazing trading platform. You should seek out a broker that has a demo account available for you to practice with and use fake money in real situations so you can get a hang of things before you start using your real money.

- You must, and I stress must, have a trading strategy! A lot of traders just try to guess what is going to happen in the forex market and fall flat on their faces. If you have a game plan for every situation, you will always make money on every trade and succeed where others fail.

- You must be a student of current events that are happening around the world. Things happen all of the time around the world that affects the price of a certain currency. This will help you make sure that you don”t make any poor decisions that you will regret in the long run. Remember, have a plan and stick to it!

- There is a lot of software and trading courses that can be found on the internet. Find a good one through research and trial and error. There are also a lot of free information about trading the forex market online. You just need something that will help you learn how to analyze the market and how to trade it.

If you can learn to trade the forex market and control your emotions while you trade, you will be able to make money through this exciting investment opportunity.

About The Author

Bart Icles is an expert Forex trader. He has developed a strong Forex trading strategy that he uses to successful trade the forex market on a regular basis. Visit http://www.forexstrategysecrets.com for more information today.

By Terry Leslie

The most obvious sign of performance and progress is a healthy account balance, provided that you are not drawing excessive funds from your bank account to keep your trading balance in check. It is human nature to want to look at healthy figures when you log in, but if all you are doing is pulling from one source to keep another afloat, it can be difficult to determine just how well you are actually doing. In some cases, it can be self deluding.

In order to accurately determine how you are handling the trading world, you need to fund your account and allow it to be self sufficient. If you are continuously dropping more money into it, you are liable to lose track of how much you have invested, how much you have lost, and how much you have gained. If you start an account with $20,000 and you find two months later you are barely scraping by on $5,000 then you have an accurate picture of two things.

First, you need to reevaluate your trading strategy and the information which you are basing you trades on. Second, it shows you very clearly exactly how much money you have lost. The same is true in reverse. If your account balance is down to $10,000 but you have $20,000 out there working for you, then obviously you are doing something right. This simple concept is an at a glance fix. You need to know how to evaluate your win loss ratio.

Honestly evaluating your performance and progress is a hard thing to accomplish without at least a little input from a concrete source. We all want to be successful in any venture we tackle. We often tend to put a mistake out of our mind, after all it was just a little one. Actually, there may have been five or six little ones that we aren”t counting. Using a figure to reflect your performance is concrete and irrefutable. There is no way to misinterpret your numbers game.

So, what if you are doing poorly and your numbers aren”t reflecting anything positive. Should you quit and go back to your day job? Naturally, this is an option but probably not one that will get you where you want to go. You put in money that you could afford to lose. After all, you are just learning. So instead of getting frustrated and quitting so early in the game, back up and start fresh. Really determine your goals, your strategies, and go get a little more education. Read more, conceptualize more, and make a few more empty trades and see how they might play out.

So, what if you”re doing really well? Should you increase your risk tolerance and start playing bigger and better? That is an option. However, this option may not get you where you want to go, either. When you are doing really well, that often tells you that you are doing something right. While risk is part of the game, increasing your risk tolerance too early and by too much might turn your game around, which isn”t something that you want.

Understand your win loss ratio. That means you need to know how many dollars you win for every one that you lose. This can only be done well and accurately via concrete information, which what your account balance reflects. Know that when you make a trade that you are going to write down the details, including the set up, the plan you executed, your emotional play, and your level of confidence, how much you executed in real time, not commissions and fees, and the final result.

Some traders leave an addendum space at the end to make a note about what they would do differently. Concrete monitoring is the only form of monitoring that doesn”t allow room for self inflated expectations, harsh judgment or yourself, of any type of mind trickery. This one action can mean the difference between scraping it off the bottom and bouncing back and blowing out your account.

About The Author

If you would like to immensely improve your trading and investing results, check out http://www.Secrets2Trading.com.
AND you will receive a limited FREE copy of the amazing book “Trading In The Zone” which is packed with trading ideas to instantly improve your trading and investing performance.

By John Howard

The currency trading market is fast finding an increasing number of takers these days. Gone are the days when only large multinational corporations and financial institutions used to trade in the forex market. These days an increasing number of individuals are too trading in this vast market. It is always preferable that you begin trading in this market only after proper forex training. A good training program would help you get acquainted with all the intricacies as well as the terminologies of this business.

Forex training is also important since there is a lot at stake in the form of money when it comes to currency trading. Without proper training there is always a chance of you losing significant amounts of money. There are various sources available these days when it comes to learning about the forex market. Hopping online is perhaps the easiest way to locate these sources. There are numerous websites that offer training on foreign exchange. A simple online search can put you across many of them. While some of them may offer basic training programs, there are others which could be offering long term courses on the subject. You can usually find the websites having short term basic training programs, offering such courses free of cost.

You can also find forex training being offered at a local college campus near you. There are many colleges that offer training programs on the subject. One great advantage that studying in such a college over learning online is that here you get to learn the subject more thoroughly. These courses also include hands on experience with the various aspects of training. Such practical training helps in grasping the nuances of trading that much more quickly, as well as easily. You also get to clarify any of your queries and doubts with the classroom instructors then and there in this case, which is not always a possibility when you learn online.

You can also find many useful books on forex training at your local library. These books would perfectly compliment whatever you are learning either online or at a college campus. Interacting with experienced forex traders is another way to get oneself trained in the intricacies of currency trading. Experienced traders can provide you with practical inputs in the various tricks of the trade. With so many sources available for learning forex trading, finding one best suited to your needs won”t be a difficult task. Remember, proper training can mean the difference between success and failure in this highly dynamic and yet at the same time, lucrative market.

About The Author

To get your complimentary course, or for my personal advice, visit http://www.forex-trading-platform.org