Forex Tracer Review by Former Forex Trader

Here's a novelty - a Forex Tracer Review by a Forex trader! Yes, that's right. My name's Charles Haversham, and I spent several years trading forex for a living in both London and New York. In my day, we had to do everything "by hand", so to speak, so I was naturally rather sceptical when I first read about "Forex Tracer", a piece of computer software which would enable anyone to do my old job as well as I used to do it! I was naturally very curious, so I decided to order a copy, and put it to the test. To say I was impressed is an understatement!

In simple terms, forex trading is the buying and selling of foreign currency pairs, eg USD/GBP, or EUR/JPY. If you hope that the US Dollar will gain value relative to the GB Pound, you would "buy" USD/GBP - if the price moves in your favour, you then "sell", and pocket the profits. If the price moves against you, you sell and limit your losses.

What Forex Tracer does is tracks the market movements, and makes the buys and sells for you at the optimum times. The accuracy with which it does this is unbelievable. Whoever programmed the algorithms it uses really knows forex trading. You can run the system in Demo Mode until you're happy with it, so that's what I did to start with. I was amazed by how well it analysed price movements, and made profitable buy and sell decisions.

I'm generally a very cautious investor - when you make a living trading millions of pounds of other people's money, you can't afford to make mistakes. However, after running Forex Tracer in demo mode for six weeks, I was sufficiently impressed with it that I started trading with my own money. The Tracer didn't let me down, and so far I've turned in a reasonable profit.

Let me stress that you don't need any knowledge of Forex Trading to use the Forex Tracer. The software is simple to install, simple to set up, and simple to use. Once you've got it working, you just leave it to make the trades for you. It comes with a 60 Day Money-Back Guarantee if you're not happy with it. I'd be surprised if you needed the guarantee, but it's nice to know it's there. You can run Forex Tracer in Demo Mode for as much of this 60 day period as you like, so there's plenty of time to make sure it works for you. You can't really go wrong!

Forex Trading System software can make you a lot of money, but make sure you choose the right one. Experienced Forex Trader Charles Haversham has reviewed some of the best products in his Forex Trading System Review. Buy wisely, and start making profits NOW!

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Forex Tracer - a Honest Review of the Forex Trading Robot

Forex Tracer is the most recent forex trading robot to hit the internet recently. This is great to hear for us because it is also the most up to date and most efficient trading robot available. If you have been looking for a forex trading robot that works on autopilot, then this could be the software for you. Since the Forex market is open 24 hours a day, this could be your ticket to financial freedom.

What Makes Forex Tracer Better
The best thing about Forex Tracer is that it is able to work on its own with no human intervention. When you get the software for the first time, you will get a set of instructions that will explain how to install it properly. If you followed the directions you shouldn't have a problem getting the robot to start working on autopilot.

What Can You Expect
You can expect to make money first and foremost. This is because of the algorithm that is programmed into the Forex Tracer software. It uses a simple process of "yes or no" to determine whether it wants to buy or sell a certain share.

What this means for you is that you don't have to worry about it getting attached to certain items. There is no human error or interaction that can screw up the Forex Tracer and the way it is programmed.

You Don't Need Any Special Trading Software
The best part about Forex Tracer is that you can run it on any MetaTrader 4 (MT4) software package. If you are unsure if you set it up correctly you can run it in "demo account mode" and test to see if it is running properly. You will know instantly by the way you see your profits rising.

I am a expert forex trader who uses software just like Forex Tracer to help him make more money. If you want to join me as a profitable forex trader, check out my detailed Forex Tracer review.

Reuters - Chip giant Intel Corp cut its fourth-quarter revenue forecast by about 14 percent citing weak demand across the world and in all its products, indicating the economic crisis is set to hurt computer sales in the holiday season and beyond.

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Forex Trading Success - Do You Have What it Takes to Win?

What makes you think you can win when 95% of traders lose money? Here is a checklist for you to see your chances of succeeding as a forex trader and being one of the elite traders, who make huge long term profits.

Here are some ways to lose money if you are thinking of tying any of them you may wish to change your mind now to avoid losses and continue your forex education!

1. Following a Forex Robot with Simulated Gains

They promise you that you will achieve success with no effort and ask you to accept there track records that are simulated going backwards. Try them and your equity will get destroyed.

2. Day trading and Scalping

Simply doesn't work, as all short term volatility is random. The people selling these always have simulated track records like the robots just mentioned.

There are more but they all fall into the category of trying to find someone else to give you success and this doesn't work in forex markets.

Not only do you need a trading edge, you also have to understand how and why it will lead you to success - lets look at this in more detail.

Success Comes From Within

Forex trading is essentially a combination of a simple robust system which you understand and can trade with discipline.

To trade with discipline, you need to know what you are doing. This means having confidence and you don't get confidence from someone telling you what to do - but from your own knowledge and learning.

Discipline & Losses

Discipline is hard, as you have to keep executing trading signals through losing periods, until you hit a home run, even when the market is making you a fool and taking your money.

A Trading Edge

This is what separates out your forex trading system from the 95% of losers. Ask yourself what is your trading edge and how will it help you beat the majority?

Don't know what it is then you don't have one!

Forex trading looks simple yet few succeed and the ones that do have these elements in their forex trading strategy

- They use simple robust forex trading system

- They have solid grounding in the basics of forex trading

- They know exactly why their system will lead them to success

- They have confidence and discipline to stick with their plan

- They know they are responsible for their Forex trading success no one else

Forex trading requires you stand alone and have confidence in what you are doing and the discipline to follow your plan.

Success is in YOUR Hands

It sounds simple and it is if you approach forex trading with the right mindset and get the right education. In forex trading the market doesn't beat the trader the trader beats himself.

If you want to enjoy currency trading success - learn the basics, get a system, get confident, get an edge and be disciplined!

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