My experience with Forex Apocalypse Expert Advisor

By Kathy Alonso

The sales page seems too good to be true. Having no Forex Trading experience Foreign Exchange Trading it piqued my interest and after finding no negative reviews anywhere I decided to try forex Apocalypse. The idea that it was a plug and play EA which could be set up and left to do what it does without being tweaked was very appealing to me. Reviews said that it made few transactions but was very reliable. It was said to avoid risky short term moves and go for more long term earnings. After I purchased the software I was taken to metatrader.com which as stated on the page was recommended for use with this EA. The sign up process was lengthy and included giving my bank information. The software was only available for windows and so I had to install it on a friend's computer. I funded my account through Paypal and installed the Apocalypse EA. I had trouble getting the EA to start working and contacted MetaTrader support about the issue. Affter telling me to reinstall their software they said that they could not help me because they do not provide technical support for EA's. They suggested I contact the Forex Apocalypse EA support.

I looked through the forex apocalypse website where i had purchased this EA and was unable to find any contact or support information. Luckily I was able to find the email which i was sent when I had first bought it and sent my support questions to this email. Their response came sooner than expected and i heard back from them within 24 hours although by this time i had already figured out what the problem was. The MetaTrader program settings were not set to give the EA permission to do live trading. I just changed the permissions and was on my way.

The settings of the EA were left on the Default which were the following: magic number : 20202111 eachtickmode : true Lots: .5 stop loss: 250 takeprofit: 500 trailing stop;: 65 slippage: 3 Nothing was changed.

I had it working on 30 minute graphs and all major currencies. It took a few days to make the first purchase and that same day I lost over $250. I was concerned that it may not have been running 24/7 so I subscribed to ForexHoster, which allowed the EA to be running 24/7 without any disruptions or delays. This costs about $60 a month. I also read through the Forex Apocalypse manual again and found that it said that the graphs should be set at 4 hours and 1 hour for best accuracy. I made these changes and left the EA running again. I was hopeful when a few days later the EA made another purchase and it looked like this one would make a profit. Unfortunately within a few hours I ended up losing another (over)$250. Very much dismayed, I wrote to the Forex Apocalypse support, telling them of my problems and asking for any help or suggestions. Once again I received a timely response. They suggested that I use shorter time frames and that "EUR/USD is the recommended currency pair as it produces the most stable signals". Once again the changes were made according to the recommendations given. Unfortunately the continuous losses continued and three weeks from when i first purchased Forex Apocalypse, I had lost over 800 dollars. Needless to say this was a hard learned lesson. I will be attempting to get a refund and I'll also be canceling my ForexHoster account.

And there's no question that I will not be dabbling in Forex Trading again or falling for sales pages that seem too good to be true.

There are some great money making programs on the internet. Many require little or no investment and can be a reliable means of income for those willing to put in a little time. I've tried many and had success with a few. Find the best ones at www.ProsperLane.com. - 23305

About the Author:

To find out more on how to make a living online visit ProsperLane.com where you can sign up for a no cost associate membership and watch live daily webcasts on all their products and services.

Investment Newsletter: A Guide To The Money Market And Strategic Investing

By Mathew Fagundes

I have been working in the oil and gas industry for a couple of years now. The pay is good but the job can be very dangerous. One day, I had an accident that almost took my life. It was then that I realized that I needed to do something about the money I earn. Working in an offshore oil field for the rest of my life is not something that I want long term, even if the pay is good. I know I have to do something with the money that I am earning now so that I can retire early and spend more time with my wife and my twins.

I am contemplating on investing in the stock market to achieve my goals But the thing is, I have no background on how the stock market works. I don't watch the business-related TV shows nor read the business section of the newspapers. With that said, it prompted me to ask family members and friends if they can help me out with my problem. One of my cousins recommended that I start off with th einternet and look for investment newsletters or guides to assist me in learning more about the stock market.

I wasn't tech-savvy so I asked my wife to walk me through the internet and together, we searched online for investment strategy options. After a few days of checking out various websites, my wife and I found the website of My Strategic Forecast. We were presented with many options as there were a number of companies providing investment newsletters and stock market guides; however we decided to choose My Startegic Forecast because we were impressed with the technology they use in gathering data.

Although I am not familiar with investing, I am aware that movements in the price of oil are affected by a lot of things, such as political problems, environmental issues, and even demand and supply. I think that these factors are also taken into consideration in the stock market. In terms of innovation in the forecasting system, I am completely blown away by My Strategic Forecast's technology. Other than the technical analysis, the company also incorporates political conditions, geopolitical factors, economic trends as well as solar-geophysical data.

What made me decide to go for My Strategic Forecast was their attractive low monthly fee. The $99 monthly fee for My Strategic Forecast was a big deal breaker for me because other firms charge exorbitant fees. In addition, I receive regular email notifications about good stocks to invets on and that's on top of the investment newsletters I subscribe to. I made a of money from my investment in just six months after subscribing. I am really thankful because I am closer to reaching my financial goals; I will be able to retire early and at the same time, provide the needs of my family. - 23305

About the Author:

Amy Richman is a journalist for MyStrategicForecast.com, a group that addresses on providing accurate market forecasts using proven technology and precise empirical testing.For their investment research tips you can check them out online.

Trading System Essentials (Part I)

By Ahmad Hassam

At one point in your trading career that might come soon rather than later, you would want to switch over to a mechanical trading system. Using a mechanical trading system not only helps traders to make decisions and increase profits but it also provides great psychological comfort to the traders.

You will realize the necessity of switching over to the systems trade in order to lower the psychological pressure experienced when making every market transaction. You will find most of the trader using a trading system approach to trading. Some of them may use a discrete trading system while others prefer a mechanical trading system.

The mechanical trading system set of rules may be translated into a computer program for automated trading. However, the mechanical trading system lacks fundamental analysis capacity.

The trading system then generates trading signals that can be used by traders having access to the trading system. The creator of such a mechanical trading system then becomes just another user of the trading system monitoring the computer generated signals.

Many traders over their trading careers develop their own trading systems. Besides the traders using their own trading systems, there are now many actively developed trading systems for sale as computer programs. These trading systems may be taken as grey and black boxes. Their prices might vary from a few hundred dollars to hundred of thousands of dollars.

The most significant thing about these programs is that the traders should be able to accomplish transactions in accordance with the signals generated by the trading system. Sometimes theses trading systems are developed for big banks and corporations.

However, it is very difficult for a mechanical trading system to cope with different market conditions. This is the most serious flaw in these trading systems. When the market conditions change, these trading systems start generating erroneous trading signals. Majority of the successful individual traders use self developed mechanical trading systems.

Change of market behavior leads to negative results from a previously effective trading system which obviously would require replacement. For example, many trading systems that are satisfactory in trending conditions become highly ineffective in nontrending environment. How do you deal with the challenge of changing market situations? This is the most serious challenge that automated forex trading has to solve. One way is to use a diversified forex trading system.

Many trading systems now depend on complex mathematical formula which is not understandable by the trader if the trader is not the author of the trading system. The most common disadvantage of these trading systems is the negative balance between he profitable and unprofitable trades.

Obviously the trading system can only be profitable in the long run if the ratio of the profitable trades is higher than the non-profitable trades. In other words the average profit of each profitable transaction is greater than the average loss of each unprofitable transaction.

As a user of a mechanical trading system your options are limited. The trader must accurately and unconditionally follow the trading system without making any attempt to adjust it to the market conditions. Making correction in any mechanical trading system in the process of the trade is almost impossible until and unless you are the developer of that trading system. This is one of the reasons why you need to develop your own trading system. - 23305

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. Discover a Revolutionary Forex Robot Trading System. Read about a Forex Trading System with an ROI of 3000% per month.

The Effortlessness Of Using Foreign Exchange Currency Programs To Automate Investing

By Petersen Porter

The forex market can be difficult to learn. This is especially true for beginners. They often have a difficult time learning the principles of how the currency market works. There are a lot of dynamics taking place when currencies are being traded. The key to making profits in forex is in learning how pips work.

You are in control as a forex investor. You can propel yourself forward even faster if you learn to have more pips gains. Or, pips can be your worst enemy with more pips losses. So what is a pip you ask? PIP is the acronym for percentage in points in the forex market and it represents the smallest increment in currency exchange trading.

Investors use pips to determine how well a trade is doing. Both gains and losses are measured in active trades based on how you trade pips when a currency is high and when the currency is projected to fall. The more pips you have in your trade, the more money you can make.

So how do you use pips in your trading activities? It is very simple. When you are seeking to buy currencies, invest when the market is at it lowest point. This is where you buy as many pips as you can afford to risk. When the market or currency begins to rise, sell your pips right at the peak before it drops again.

Automatic robots, or bots as they are called, are another way to assist you in your forex trades. They are computer programs that constantly monitor the activities of the market and know exactly when to initiate the trade based on a precise set of pre-programmed mathematical algorithms. Because many humans are not as good with their math, these bots are instrumental in their help with maximizing your pip gains and keeping your losses at a minimum.

Forex robots make it possible for novice and advanced traders to trade automatically without the need to be glued to a computer 24 hours a day. These bots essentially do all of the trading for you. So do I recommend the use of bots? Absolutely, because they work very well and will keep you on top of key market indicators.

With bots in your trading place, you are relieved from the pressures of emotional trading. If you've done any trading at all, you know exactly what I mean. Trading has its ups and downs, rise and falls, so it all can be very exciting, and at the same time, very emotional for you. Think of it this way, we are all in it for the profit. So the fear of loss can cause you to prematurely pull out of a trade, which may be the wrong thing to do.

Emotions can often cloud your judgment and cause you to make wrong decisions. The fear of loss is a powerful emotion. Likewise, the desire for gain can be equally powerful. Both of these emotions can wreak havoc on your ability to intelligently invest when you are caught up in the excitement of trading. Bots eliminates this emotional element. - 23305

About the Author:

See more on forex auto trade on our website.

Helpful Hints Regarding Etf Trading

By Patrick Deaton

The stock market is something that people have been involved with for many, many years. Now we see that etf trading is rising in popularity, and this can be due to a variety of reasons. The options that people have with this are one of the reasons for its rise to fame as of late.

When you want to start etf trading you will need to find a good stockbroker to help you. There are a lot of people that are in the stockbroker position these days, but this does not mean that they are good. Investigate the options to make sure that you find someone that satisfies all of the questions that you have, as well as have your best interests at heart.

When you open up an account in order to start trading, you will need to make an investment of some sort. This can vary from place to place and it is a good idea to look at various options before making a decision on a company to deal with. There are costs that you will need to pay but they will depend on what all you are allowed to do when it comes to etf trading.

Talking to people that have been involved with etf trading already can be very helpful when it comes to deciding on a company to deal with. They will be able to help you figure out what types of services that you want included. People that are experienced with this type of trading know all of these things and are excellent resources for helping newcomers getting started.

One of the most alluring things about etf trading is that it costs very little to get started in comparison to other types of trading that are out there. Some people have found that this is an excellent way that they have made a few extra dollars. With any luck at all this could be you as well.

Learning is the key to being successful with etf trading. The internet has a lot of information for people that are interested in this type of thing. Reading can be the best way to keep ahead of the game and also help you make the best decisions that can pay off down the road. You want to prosper from this endeavour, not lose out because of it.

Forums and other websites that have information from people that have been involved with etf trading can also be a huge bonus when it comes to learning the way the system works. There mistakes are something that they have felt others can learn from and they have offered to share this information with all that want to learn from it.

Remember above all that this is something that takes money to begin. You are not given any guarantees when it comes to any type of trading and people need to keep this in the back of their minds. There is nothing worse than losing money, but it is even worse if the money that you lose is needed in other areas of your life. - 23305

About the Author:

Learn how it's very possible to make 6% per month in your investment accounts using etf trend trading! "Big A" is a recognized expert in the world of etf trend trading system and reveals etf secrets that have been kept under wraps by hedge traders for years. Get his free report and webinar today!