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Best Automated FOREX Trading Systems

If you want to earn more with trading in FOREX, then you must consider having the automated FOREX trading systems which is simple, has well-defined rules, and provides you with a profit/loss ratio of at least 2:1. As a trader, your trading system must also fit into your lifestyle. If you can trade during 2 morning hours a day only, you need a system that operates with delayed orders. If you can trade whole day long, you can have fun with a scalping system.

You must also consider money management as the very important part of the best FOREX system. If you want to stay profitable for a very long time, you have to manage your risks well. Do not risk too much. No matter how often your positions close with profit, use not more than 5% of your deposit per trade. One day you may experience a large drawdown and you must have sufficient funds on your deposit to survive it.

Personally, I base my best FOREX system on third-party FOREX signals, money management and special rules of opening and closing positions. I have two signal providers, once I receive signals from any of them, I check if the profit/loss ratio is at lease 2:1. This will help me identify which signals are safe and risky. I also make sure that my take profit orders are base on the average daily range of a currency pair which I am trading, regardless of what projected target is. By the end of my day I close my positions manually if they do not close by take profit orders.

If you want to learn more about my best FOREX system, then subscribe to my list by entering your name and email address in the box below and hitting the orange button.