Buy hand signals. There are plenty of websites that will provide trading signals by email or text message. You can find reviews on dozens of services, together with comments from subscribers in trade forums such as ForexPeaceArmy, EliteTrader and Trade2Win. The biggest drawback of going this route is that the currency markets are 24 hours, which means you have to be ready to execute an operation at any time. This also means that it is likely that a lot of businesses miss, if the market moves before it can reach your computer. However, if you are more than one type of practice and not rely on automatic signals, this could be a good alternative. These services range in price from $ 50 to $ 250 from 2010.
Buy a Forex expert advisor (EA). These are systems that run on the software platform MetaTrader automated currency trading. While vendors will try to sell these as not having losses and win 90 percent of the time, do not always give you the complete picture. What they often do not tell you is that they may be risking 100 pips to gain 10 pips. That means they can win nine out of 10 times and still end up losing money. Dozens of these trading robots are available. Many of them work in the short term, but long term can lose money. A good place to find comments about them are ForexPeaceArmy, EliteTrader and Trade2Win. If you decide to buy one of these, run it on a demo account for at least two months and only buy that offers a money back guarantee of 60 days. These traders robot range in price from $ 67 to $ 299 from 2010.
