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Automated Forex Trading System – Does it Really Work?

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Automated Forex Trading System – Does it Really Work?

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Forex trading has become nearly as popular as playing the stock exchange but rather than stocks, traders buy and sell currency. If you’re involved in currency trading then you may be interested in an automated Forex trading system. The theory is that the software program which runs the automatic Forex trading system predicts exchange rate fluctuations and decides when it will be a good idea to trade. It also does the trading so really you need to do nothing but set the system going and wait for the dollars to roll in. Does that happen in the real world? There are people who have successfully made a profit with an automated forex trading system but this will depend greatly on the software itself. Most are only back tested but some are tested on live trades as well and this is a far more reliable indicator that the software actually works. If you’re going to buy one of these things, do make sure that the testing has been exhaustive. It’s a fair bet that an experienced currency trader won

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