Wednesday, May 20, 2009

Forex Automoney Vs Forex Tracer

Forex AutoMoney and Forex Tracer are services which Forex traders of all experience levels can use to trade on autopilot. While they both may have the same goal, the two are very different from each other. Although they both have the same goal, giving you instant profits in Forex, there isn't much more about them that's similar.

Today we're going to help you decide which is better for you, Forex AutoMoney or Forex Tracer? Let's have a look at what each of these services offers....

Forex Tracer

Forex Tracer is an automated trading software. This means that after you buy the software you simply install it using an easy install process and it trades for you. Trades are placed exclusively on the EUR/USD currency pair and it's a hands off approach. The system saves you time analyzing and trying to interpret the market yourself and money you may lose while trading on your own. While trading on autopilot may sound great, it's not for everybody. Completely automated trading means that the software is in control of your account( as long as you have it activated) and you can only affect trading decisions altering certain, easy to use settings. Forex Tracer only trades when it analyzing the market to be right, so your chance of making money can really rise while your risk falls.

Forex AutoMoney

Forex AutoMoney is completely different. Instead of an automated software program, this is an automatic, member based signal service which delivers signals showing you entry & exit points in certain trades. Put simply, members are shown exactly when to place a trade and exactly when to close it. The service provides signals for all 18 major currency pairs and members are able to see prediction graphs which show how the market is likely to move in the near future.

Both of these automatic Forex trading systems can be used to increase your profits. Unlike others which could cost thousands, Forex Automoney & Forex Tracer both cost less than most broker's minimum account deposit requirements, making them affordable solutions to Forex trading.

No comments:

Post a Comment