Forex Software is Better Then Demo Testing For Becoming a Better Trader



I’ve always been impressed with Forex traders that can look at the charts and immediately know what to do… trade or not trade. This is the kind of knowledge and confidence that only comes with experience. And this experience only comes with the kind of practice that makes one Forex trader better than another, even when trading the same system.

If you’ve even been involved in sports, then you know this to be true. You might be coached the same fundamentals of the game and use the exact same equipment… but there is always some players that are just better than others. But here is the good news, you can practice to become a better trader by using Forex testing software.

Learning to trade Forex takes time. But that time is extended if you try to learn on a DEMO account. And no, I’m not recommending jumping straight to a live trading account. I’m suggesting practicing with Forex simulation software, which allows you to test and practice your trading system faster.

What Is Forex Testing Software?

Forex testing software looks just like the popular Metatrader4 trading platform. You test the trading system manually using real historical data you download into the software. This is like backtesting an Expert Advisor, but your are testing everything manually.

Here Is An Example Of Using Forex Testing Software

Recently, I took a popular Forex trading system and put it to the test using a testing software program. I downloaded real, historical data. I set up the charts like instructed. And then I went about trading the system for an entire YEAR in about 3 hours.

The system used a 1 hour chart. If I was testing this on a DEMO account I would have had to watched the charts every hour on the hour to look for trade set ups. But all I had to do was click a button and move to the next candle hour by hour. I would wait for the charts to show me the trade set up, and then I would place the trade just like I would during live trading. Then click, click, click ahead to see how the trade developed.

There are three great advantages to testing the system in this way. First, I could tell how the Forex trading system would have performed over an entire year (in this case 2008). Second, I got a lot of practice… doing over 130 trades in 3 hours (instead of a year). Third, by trading at such a fast pace I was able to get a feel for the system and identify was to potentially make the system better.

So, if you’re tired of seeing other traders get better results trading the same system, I suggest practicing with Forex trading software. Not only will the software help you sharpen your trading skills in record time compared to DEMO trading, but it could help you identify more profitable ways of trading as well. Imagine what being a more skilled trader with a better system will do to your profits!

To see the results of the test I did with the Forex testing software, and see how I improved the trading system from 83% profits to 789% profits for the same year, go to: ForexAvengerCaseStudy.com. Don’t forget to see how to get the free report, Forex Avenger Profit Booster which contains every profit boosting detail.

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Access to New Trading Indicators


Ok, we admit it. We have spent many weary nights questioning whether we should release our incredible Forex trading robot to the public.


But at the end of the day, we figured that we had already made so much money, that we really didn't have anything to lose. We have been fortunate enough to be blessed with great intelligence and now we would love to share it with you.

In the early 90's, our group of college friends tackled the markets head on. We were studying at a very prestigious university, name withheld, and were trading right our of the dorms. We worked a variety of markets; Stocks, Bonds, Futures and Options...having a great deal of success trading each. But when the markets closed every day, we were still hungry for more. The retail Forex world was just beginning to expand and the 24 hour market was appealing. Brokerages were beginning to open their doors to everyday guys looking to take part in changes in world currencies. We pooled our money together, moved all of our computers into one room and split shifts trading the account.


Huge Market - $3 TRILLION traded around the world every day (The Forex market is actually bigger than ALL the world's stock, bond, and futures markets combined! They don't mention that on the 5 o'clock news)


Currency Table

Currency Last % Change
USD/CAD 1.003 0%
USD/EUR 1.34 0%
USD/JPY 0.011 0%
USD/GBP 1.544 0%
USD/CHF 0.935 0%
CAD/EUR 1.336 0%
CAD/JPY 0.011 0%
CAD/GBP 1.54 0%
CAD/CHF 0.932 0%
EUR/CAD 0.748 0%
EUR/JPY 0.008 0%
EUR/GBP 1.152 0%
EUR/CHF 0.698 0%
JPY/CAD 93.54 0%
JPY/EUR 125 0%
JPY/GBP 144.01 0%
JPY/CHF 87.19 0%
GBP/CAD 0.65 0%
GBP/EUR 0.868 0%
GBP/JPY 0.007 0%
GBP/CHF 0.605 0%
CHF/CAD 1.073 0%
CHF/EUR 1.434 0%
CHF/JPY 0.011 0%
CHF/GBP 1.652 0%
Get Widget Other
Currencies

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