I have been busy working on my systems for trading the forex market and I have to say that I am completely impressed with how liquid this market is. It is the largest market in the world with so much money being traded that it cannot be manipulated or cornered by any one, or numerous, entities... it's just simply too big. I really like this aspect of it but what I am really finding that I enjoy about it is the speed with which my orders are filled on both sides. It is faster than anything I have experienced before. I simply don't experience any slippage like I used to with futures, although futures are still enjoyable to trade. But forex is FAST, I mean really fast. I have been having success with a couple of systems that I have written reviews about which can be found on my forex review site at: ForexDayTradingWorld.info.
I highly recommend that everybody give forex a serious look as a trading vehicle.
Saturday, November 14, 2009
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TradeLogger - equity curve management
TradeLogger is a FREE program that helps day traders and swing traders minimize the drawdown in their equity. Close to 2,000 traders are now utilizing TradeLogger's easy-to-use interface to log their trades' profit and loss and receive a clear, consise signal whether their next trade needs to be a LIVE trade or a SIM trade. This is all based on how well their equity curve is performing.The benefit of this program is it saves you capital when your trading performance experiences periods of drawdown while in a losing slump, whether it's due to the skill of the trader, or just lack of follow through from the market due to market mechanics.
You can download at www.TradeLogger.net.