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1. Forex trading Software 101: What you should know
Trillions of dollars are made in Forex market
every day. If you want to be successful trading
Forex, there are many things you can do. One
should spend the time to brush up his trading
skills, or try investing in a Forex trading
software.
Such trading software is already being used by
many professional Forex traders who are
serious about making money.
Forex trading Software provides many people
with a quick way to jump in to Forex trading to
make millions or lose hundreds of thousands.
Ideally, the automated software will help
technical or fundamental traders come out on
top, but before you buy a software package,
you should understanding Forex trading, the
different methodologies, and strategies and
whatever else is necessary.
If you have a solid grasp of the underlying
concepts, then you will know what to look for
when shopping for Forex trading Software.
Forex trading Software 101: What you should know (Courtesy of HenryLiuForex.com)

2. Forex trading Software 101: What you should know
Good Forex trading Software are never free. If the software is free, it is potentially a horrible software
(in terms of its programming, and its user interface), or a scam. Good software will cost some money
but if you have the knowledge, you will know what you need your software to do, what type to buy, and
roughly how much you can and should spend on getting the suite that matches your needs. There are
four general types of Forex trading Software:
The Trading Platform is the all-in-one software suite that can put all the information you need at your
fingertips, streamlining research so that you can make knowledgeable trades. This suite can help
eliminate some of the “guess work” in the trading process and is used by “smart” Forex trading
beginners and veterans alike. The best software suites will allow you to create a “demo account” to get
a feel for how the software works before starting live trading and risk your real money.
Forex trading Software 101: What you should know (Courtesy of HenryLiuForex.com)

3. Forex trading Software 101: What you should know
Signal Software or custom indicator
software is for traders who have a handle
on the market. It is supposed to help
traders watch for the all-important signals
in Forex trading to make your decisions
about entry, exit, or to rollover a position.
Forex traders should use these signals as a
guide and only follow the signals if it
compliments their trading style or trading
plan.
Charting applications and forecasting
software suites help track and analyze
historical data, help spot patterns, and
trends to provide guides on when to make
what trades, exit a losing or rollover a
profitable position.
This software is used in the Forex trading
market to study market action over
different timeframes and is usually up to
75% accurate.
Forex trading Software 101: What you should know (Courtesy of HenryLiuForex.com)

4. Forex trading Software 101: What you should know
Forex Robots are Forex trading software, coded with trading strategies, and essentially enter and exit
trades based on the programmed market setup, entry, and exit points determined by the traders 24
hours a day. However, the automation requires a great deal of knowledge to implement and use
effectively.
Forex trading software can do a lot of the legwork for you in Forex trading by providing useful
information, analysis and even provide advice in the form of signals. However, it is the trader that has
to make use of the software tools; even robots have to be programmed - to make what they think is the
right trades at the right time. The bottom line is: if you do not understand Forex Trading, the software
is going to cost you a lot of money before you get to the market.
Forex trading Software 101: What you should know (Courtesy of HenryLiuForex.com)