Forex AutoMoney is a widely used Forex trading signal generator system.
This Forex Automoney review will explore in details the features of this system, the pros and cons of it, the potential it holds, and help you make a decision as to whether it is worth it to you to trade with it.
ForexAutoMoney.com is an automatic Forex trading signals provider.
The Forex market is a global trading arena where you play one currency versus another. It is a global market in which over 2 trillion dollars change hands on a daily basis. Naturally, that kind of money means that this market holds an enormous money making opportunity for you.
Once, it was hard for the small trader to work with the market, but now, all that you need is an internet connection and you can trade easily by yourself. And indeed, tens of thousands of people are trading the forex market from their home.
The Forex market is very volatile, and it is difficult to know when to buy into a trade or when to sell out of it. That’s where a service like Forex Auto Money may come in handy.
Forex AutoMoney is a membership service which provides forex buy and sell signals for its members. The signals tell you when to enter or exit the market and where to set your Take Profit and Stop Loss boundaries.
This provider gives you 3 kinds of signals:
1. Intraday - Which means that you get 6 forex signals each day
2. Daily - one signal each day
3. Weekly
All you need to do is to login to your account, get the signals and be ready at the appointed time to make the trade. It shouldn’t take you more than a few minutes of your time.
Forex Auto Money Complaints
Recently, I've read a few negative reviews of Forex Automoney. It seems that some traders had bad experience working with this service, both with the results the got and with the customer support system of this product. I want you to know that these reviews exist and that they do indicate that the people operating ForexAutoMoney need to improve their support and optimize their signals.
Every service has bad stretches of trading. I recommend that you test their signals on a demo account and if they don't or you feel that you're not getting the support that you deserve, ask for a refund.
ForexAutoMoney Pros and Cons
Here are the pros and cons of www.ForexAutoMoney.com
Pros:
1. Has good reviews
2. Works with multiple currency pairs
3. Makes it unnecessary to monitor the markets by yourself and saves you time
4. Has a money back guarantee, through the billing service
5. Provides easy to understand forex trading signals
6. You can try it out for just $4.95 (you can make a hundred times more with a single successful trade)
Cons:
1. Doesn’t trade automatically for you. You need to make the actual trades yourself
2. Some signals may be too short for you to act on
3. Doesn’t perform as best in all market conditions
4. Doesn't teach you anything about Forex
5. Has some complaints from traders who've used this system
6. Their support team is worth improving which angered some people
7. Makes too bold claims which will be hard to achieve or duplicate.
Click here to read more about this program, Forex AutoMoney.
Forex AutoMoney Features
Here are some of the features of Forex AutoMoney:
1. Based online so you don’t need to install anything
2. Works with 18 forex pairs
3. Gives out forex signals for different time frames
4. Works with PC and Mac
Trading Platform to work with Forex Automoney
Naturally, you will need a trading platform to work with Forex AutoMoney.
As this is a advisory service, you can work with any broker you wish.
I recommend trying out this trading platform: eToro. They are excellent, easy to use, require a small deposit, and actually give you a bonus upon signing up.
Final Note
Using a service like Forex AutoMoney doesn’t mean you should give up pursuing your forex education.
It’s important to continue honing your skills to make the most money on the market. Having a signal provider certainly helps, but make sure to continue learning.
Does Forex AutoMoney Really Work - Discover the Truth
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Wednesday, October 7, 2009
Labels: News and Reviews
1 comments:
I logged in eToro i was good we can trade normally and with money also there are trails to learn before going into forex.
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