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Thursday, October 8, 2009

Forex AutoPilot System Vs Forex Killer ?

/ On : 3:25 PM/ Thank you for visiting my small blog here. If you wanted to discuss or have the question around this article, please contact me e-mail at herdiansyah hamzah@yahoo.com.

Lately I have been getting quite a few questions from my visitor's asking what's the difference between Forex AutoPilot System and Forex Killer. There is no doubt both are quality currency trading system products, however they most certainly have different purposes and will also suit forex trader's of varying levels of experience.

Forex AutoPilot System is what's commonly known as a forex robot. A forex robot is essentially a system which can automate your forex trading. How is this possible? If you can have accurate enough algorithms it is possible to estimate when is the most profitable time to enter and exit a trade. The Fibonacci rule is a classic fx trading principle, and it is at the heart of the calculations of forex autopilot system. The software is completely automated and you do not need to manually trade. For this reason the system is ideal for beginner's to fx trading - although you will benefit if you have some basic knowledge of foreign exchange trading.

Forex Killer is an older product. Its creator, Andreas Kirchberger, developed the software with some of the leading mathematician's in the world. The forex killer system is essentially a highly intelligent prediction program, which shows user's indications of when to enter and exit a trade. This system will be better suited to traders with some levels of experience, looking for a facility which can provide them with information on making low risk trades.

Conclusion

Forex AutoPilot System and Forex Killer are actually quite different programs. Ultimately which program you choose will depend on your experience in currency trading, and the time you have to invest. Both systems come with a demo account which means you will be able to test the system, without having to risk any of your own capital. Ideally you should not rely on 1 system for your forex trading- arm yourself with the basics first, and you will more likely achieve success.

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