Recently new forex software, which could be useful for many traders, was released.
ForexTester – is a professional forex trading simulator. It reproduces fluctuations of currency exchange rates for any chosen period of time with regulated speed of quotes updating. A user can make trading decisions on historical data, develop and test trading strategies.
This software – is an excellent tool for quick and convenient study of trading, for gaining and improving trading skills without risking real money.
The main purpose of this forex software is to provide a trader with opportunity to develop individual discretionary methods of market analysis and making corresponding trading decisions. Such trading strategies usually are very difficult to be realized as mechanical trading systems, but they are of high potential to be ignored.
Generally, for achieving stable positive results in trading, it is necessary to have a confluence of several important factors: method of analysis, system of making decisions for opening/closing positions, risk- and moneymanagement, discipline in implementing of worked out rules.
Forex trading, as a...
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