Mt4 forex trading pdf trading software trading software tools and software software platforms available for download at online retailers MSDN, Google, Amazon, and eBay. Most of these websites are full of very good technical analysis and quick research. So you will get to learn about how the computer programs work, some useful forex tricks, and some things to watch out for while using software. You will also learn about possible issues that you might run into while using the software. I highly recommend downloading and using software program to study forex. You will get to learn about many aspects of the technology.
Although this is the first article in a series, I will focus on one particular aspect of software engineering that you will get to learn about quite a bit. You will learn how to code, or coding as it is better known and more commonly known as, forex programming. This particular aspect of computer software engineering is important, because it is how you develop and market your own unique trading software. This aspect is similar to the one I will be focusing on in this article, and is important, because it creates new avenues for income, growth, and success. Let?s discuss forex coding skills and techniques. Source: Imagine waking up in the morning turning on your computer and spotting a good trading opportunity.
You decide to enter the trade and quickly type your address into a bidding platform. Within a few moments you receive a text message telling you to “Click Bid Now”. You have just bid and paid. As you type your address into the computer, a computer program ranks your bid and pays you when the bid reaches the minimum winning bid. This is called a spread. The spread is the difference between the bid and ask price.
You may have noticed in the previous example the bid was $8.00. This is because you had bid/ask set at $8.00. In fact, since you began using the software program to research your bid, the bid has increased by $8.00. This is a great feeling come to mind. A high bid wins and can collect huge profits. You have just won $8.00 but still have $8.00 to pay for the software program.
A low bid wins and can collect small profits but will have to pay for the software program. Now that you have entered the high bid/ask battle, you have only $8.00 to pay for the software and a great feeling welled up in your stomach. Or in the case of the successful bidder, you have just won the high bid but still have $8.00 to pay. Or if the bid is low, you have just lost the high bid but still have $8.00 to pay. You may well feel a little bitter about having won, but at least you know you didn?t lose anything valuable. Coding The next thing you need to learn is how to code.
Not much, but if you learn how to code, you will soon discover that you no longer have to search for hidden comp to get profitable trades. Much easier said than done. You will have a computer program do all the work for you.