Which Automated Forex Trading System Allows me to play Golf all day and Come Home Rich?

Which Automated Forex Trading System Allows me to play Golf all day and Come Home Rich?

by William R. Alheim, Jr., CPA, MA

Let me see if I have this straight, your really lazy, don't want to learn anything, will not study, have never invested in yourself and want to become rich. Is that correct? You have heard that you can buy an automated Forex trading system for a $100 and go to the beach all day and then when you come home you will be rich. You are well aware that banks and brokerage firms have invested millions if not billions attempting to develop a system that works, but you think you can buy one for $100 and you will have more money than you ever dreamed of. I have a single question for you, have you lost your mind?

Really, Forex trading and making big money is so simple to begin with, after all a currency can only go up or down. How hard can it be to pick a winner? Not to hard is the answer. But, I am sorry to tell, the automated currency trading systems don't work and never will work. The reason for that is there are too many factors that need to be programmed in and weighted correctly for it to ever function properly. Not to mention, those factors not only are changing daily, in many cases they are changing hourly if not by the minute.

The Forex software trading systems are valuable tools to help you make decisions. That is all they are. They perform task that humans are not capable of. Such as collecting huge amounts of statistics, collating them and creating signals or recognizing trends based on the software's initial programming. That is all they can do. They are tools that you can not even think about trading currencies without.

If you take your time to learn Forex trading from the ground floor up and invest in your education then you will be fully prepared to make decisions for yourself. The next step is to acquire a few tools to help you do that. All automated Forex trading systems allow you to turn the automated trading off. What they do well, as I stated above is they collect date and send you that information in a time frame that you could never do yourself. If you really want to play golf all day and be rich, you can do that trading the currency markets. That is if you take your time to learn currency trading and acquire the tools you need to help you make the best Forex trading decisions.