Trading foreign exchange on margin carries a high level of risk, and
may not be suitable for all investors. The high degree of leverage can
work against you as well as for you. Before deciding to invest in Forex
you should carefully consider your investment objectives, level of
experience, and risk appetite. Trading requires risking money in
pursuit of future gain. That is your decision. Do not risk any money
you cannot afford to lose. The possibility exists that you could
sustain a loss of some or all of your initial investment and therefore
you should not invest money that you cannot afford to lose. You should
be aware of all the risks associated with forex trading, and seek
advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed
by a licensed Broker/Dealer.
These days there a lot of sites & products offering expert
advise in short term trading, especially Forex trading. Majority of
such services are not worth the price you pay. However the market is
buzz with a new expert advisor USDBOT, which is all set to be released
on January 26th. Since USDBot is a new, we at TradeProfits know nothing
about its performance, but Mark Trenton, one of creators of this new
expert advice seems pretty comfortable with the launch. Although the
performance of USDBOT’s back and forward testing is not to be
disclosed before the launch date, it should, according to Mark have to
very good results. The USDBOT will be trading two pairs, namely the
EUR/USD and USD/JPY. For these two pairs the users will be able to
follow real time results on the website. The EA also comes with a
manual and videos on how to install and setup it up properly. The set
up and installation itself is said to be very easy and quick. Now one
thing which is making this launch different in comparison to other ones
is that they will offer live chat support. This ensures two things.
First you will be able to get all your questions answered. Secondly you
will be getting the exact same setup which they use to generate the
results posted in the live performance record. As the USDBOT will be
sold through clickbank, you will always have the option to get a
refund, so it might be worth to check it out. Also the site comes with
a 60 day money back guarantee.
