sexta-feira, 13 de junho de 2008

What You Should Know Before Using the Forex Autopilot System

The Forex Autopilot is an automated trading system designed by Marcus Leary which has made, and is still making waves amongst forex traders. But the software is not without its critics who claim to have lost substantial amounts of money as a result of using the Forex Autopilot system.

The reason I decided to write this article on the Forex Autopilot is because I wanted to point out a few errors that I made when I purchased this system, and hopefully other people buying the Forex Autopilot system will have a clue as to what needs be given more attention.

First and foremost the Forex Autopilot set up manual that comes with the purchase needs complete attention to detail when setting up the system. It took me approximately 20 minutes to set mine up, so if you are in a hurry I suggest you don’t proceed with the set up till you are a bit more relaxed.

After you have set up the system don’t rush off to go put in your first trade. Ensure you have tried the Forex Autopilot on a demo account to ascertain that you had it set up properly and continue to use it on the demo account till you have a hand on how things work.

When you notice the system is not entering trades even after you have completed set up, do not panic just allow the system to analyse the market because this is what it is doing.

Finally, it is important that you keep your system on as long as you have a trade running and the Forex Autopilot working. Powering off your system will affect the software as it needs the system on so it can continue to analyse your open positions.

So, the Forex Autopilot can indeed generate very profitable trades as long as you use it according to these guidelines. Good Luck Trading.

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