Anybody using the PremiereTrade AI software? What is a good price …
Yes, I use PremiereTrade every day.
People like Gary, here, spend a lot of effort terrible-mouthing it, w/o any personal experience with it. People like that also try to tell the market what to do.
PremiereTrade is a group of traders that have a system that works. Notice, they are not a software company, just peddling software. James Dicks is a pro, and has place together a very excellent group of traders, also degreed people. Gary, on the other hand, wants to go back for High School English grammar.
If you’ve ever seen WizeTrade, for stocks, it’s a lot like that; very simple. But through 6 hrs a day of training every day (if you want), and use of the chat rooms and Message Board, you can make it as involved and complex as you wish. you can also get help from and talk to their traders. I’ve not seen this much help elsewhere.
I’ve done rather well with it, but not everyone does. I’ve traded have a supply of index futures for about 15 yrs, and got tired of the whipsaws. when the trends start appearance back, this forex business should be a piece of cake.
PremiereTrade has been going through some growing pains, and thus problems, but they are appearance out with a complete new release of their software in a few weeks.
Unless you want someone else to manage your money for you, like Gary, then you’re going to need a lot of help to get started. PremiereTrade is probably your best shot.
Just know that most people blow out quickly since of the leverage.
You can buy $100,000 worth of currency with $1,000 margin in a standard account. This would be the buy of one standard lot, at 100:1 leverage. Or you can get 200:1 leverage in a mini account. Wo, how much distress can we get into now?
Just since you “can” doesn’t mean you “should” trade with this kind of leverage. Trading stocks with 2:1 leverage is considered risky.
What most people don’t seem to grasp, is that you don’t have to trade with leverage at all. just place $100,00 in your account, buy one lot, and you have zero leverage. Or place $10,000 into a mini account and buy one mini-lot, or $1000 and buy one micro-lot.
You can see that by scheming leverage, trading the Forex doesn’t have to be any more risky than trading stocks or any other investment.
The same holds right with all or any futures narrow. you choose how much leverage to use, and how much risk to accept.
Oh, and Gary, the GBP is up 30 pips tonight in the European session. Guess you got stopped out. This is not the place to solicit and hawk your produce. It sounds like you’re begging.
Anybody using the PremiereTrade AI software? What is a good price …
