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TORRENT DETAILS
Forextester
TORRENT SUMMARY
Status:
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Year of issue: 2006 Version: 1.0 build 9 Developer: Forex tester software Platform: PC Vista compatibility: unknown System requirements: Operating system - Windows 2000, Windows 2003, Windows XP. Processor - min. 600 MHz Pentium III (or compatible); recommended - 1500 MHz and above. RAM - min. 128 MB RAM, recommended - 512 MB RAM and higher. Disk space: 1-5 GBytes available, depending on the amount of historical quotes you are going to work with. (keep in mind that the program itself only requires 5 MB to be installed). Interface language: English only Tablet: Present Description: Forex Tester is a professional simulator for training traders.
Forex Tester is a professional program (simulator) designed to train traders and acquire the necessary skills for successful work in the Forex market. It reproduces changes in exchange rates for any selected period with adjustable speed of quotes submission. The user can make transactions on historical quotes, develop and test trading strategies.
This program is an excellent tool to learn how to trade in a fast and convenient way, to gain and improve trading skills without risking real money.
The main task of Forex Tester is to allow a trader to develop individual "discretionary" methods of analyzing market behavior and making appropriate trading decisions, that is, these are trading strategies that are difficult to implement in the form of mechanical trading systems. To achieve stable positive results, a trader should study price patterns and indicator signals. This can be used to identify clear, non-conventional rules, which should then be applied in training to gradually become a professionally disciplined and profitable trader.
Studying classical technical analysis (trend patterns and other price patterns described by, for example, D. Murphy), indicator analysis, some original techniques (Andrews' Pitchfork, Wolf Waves), a trader faces the need to apply theoretical knowledge to the practical field of trading.
Even performing the graphical constructions themselves requires a certain skill, especially when it comes to working in real time, when the right part of the chart is not visible. As for making trading decisions based on such constructions, most forex traders simply do not have sufficient experience.
Practically in any sphere of human activity training and availability of certain skills are required. Be it a profession of a doctor, a cosmonaut, an athlete, a teacher, a driver or even a politician. Why do all beginners think that the profession of forex trader is an exception? Only because the price can move only in one of two directions - up or down? Not everything is as simple as it seems, and the forex trader's profession often requires an appropriate psychological preparation.
We hope that our program will be useful both for beginners and experienced traders. Because Forex Tester is just a tool for work. And it depends on the trader himself what he will do with it. In any case - traders will be able to assess the effectiveness of their trading decisions, because the performance indicators in the form of profit or loss are quite eloquent.
