Forex Blog by Rimantas Petrauskas

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7 things you need to do to set up a Forex trading signal service
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10 Essential tips to find the right Forex trading signal source
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As Metaquotes and Third Party Websites Clash What Can We do to Protect Ourselves and Our Profits
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The Lucrative Automated Income from Foreign Exchange Trading
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Trouble updating MetaTrader 4 platform to latest build 500 on some VPS and computers
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Expert Advisor error message codes on chart
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How to setup Email Alerts in RTC control panel
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How to Trade Breakouts in Forex
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How to save EA settings to a file
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Can the Remote Trade Copier work without VPS server?

7 things you need to do to set up a Forex trading signal service

Almost every Forex trader with a reputable trading system dreams of starting their own signal service. Imagine having thousands of customers following your trading signals for a $49 monthly fee. Isn’t that something everyone dreams of?

Profitable trading systems or robots usually seem to be the most important thing to have when running such a service and people start to learn about how to set up a Forex signal service only after they have found a good source of signals. However, that is the most common mistake people make.

When you have a profitable trading strategy you will want to start selling signals immediately, so you should be prepared.

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10 Essential tips to find the right Forex trading signal source

If you are looking for a way to generate trading signals these 10 tips will guide you to take the right path. I use most of these techniques in my trading signal business, but this information will be helpful for any Forex trader.

If you have been around the Forex market for any length of time then you know that it can be one of the most lucrative professions in all of the world.  Unfortunately, it can also be one of the most difficult professions in all of the world.  It is not a coincidence that these two phenomenon go hand in hand.  The more difficult something is, typically the more opportunity there can be in it.  And vice-verse is also true.

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As Metaquotes and Third Party Websites Clash What Can We do to Protect Ourselves and Our Profits

Most of us Forex traders are very familiar with the Metatrader platform, especially with its most used version, Metatrader 4. It’s the trading platform of choice for most of us and it’s a great trading platform, in my opinion at least. It’s lightweight, easy to use and intuitive. The company that’s behind Metatrader is called MetaQuotes.

Recently there was a highly publicized brawl between MetaQuotes and some third party websites utilizing the MetaTrader platform. The fight led to the disruption of services for many Forex traders and signal providers that relied on these 3rd party websites as a middleman to send/receive trading signals.

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The Lucrative Automated Income from Foreign Exchange Trading

One of the tools that has become available to Forex traders in recent years is known as a trade copier.  So, what exactly is a trade copier?  The name itself is rather descriptive of what a trade copier does; it will copy trades from one computer to another or from one MetaTrader4 terminal to another.

Now what kind of applications can this have for us as traders?  Let’s say for example that you are a struggling trader and have not found success with trading on your own.  Did you know that it is possible to copy trades from successful traders?  There are traders out there who publish their trades so that others can copy them and benefit from their trading success.

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How to Trade Breakouts in Forex

It is little wonder that Forex trading has become one of the most popular pastimes for anyone who is looking to make extra money.  Trading in Forex is becoming increasingly popular, and the number of software packages, training manuals, video courses and trading systems that can be used to help is rising all the time.  It can be completely overwhelming with all this information available.  You may have noticed this if you are on any mailing lists.  You get a new Forex sale offer in your email box just about every day, don’t you?

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Can the Remote Trade Copier work without VPS server?

The “Remote Trade Copier” is now called “Signal Magician”. To learn more about this software you need to register for a 2-week video introduction.

Register for the Signal Magician 2-week video introduction program »

One of the most popular questions I get about my Remote Trade Copier signal delivery software is if it can deliver the trades to client accounts when MT4 is not running. The short answer is NO, Remote Trade Copier does not copy trades when MT4 is off. You need to run MT4 master and slave accounts 24/5 to send and receive the trades. To be exact, the Signal Providers (SP) must run RTC Server EA at all times and RTC Client EA must be running at all times to receive those trading signals. Read this complete post to learn why RTC works that way and what are other options.

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Copyright © 2009-2018. Rimantas Petrauskas | Terms and ConditionsPrivacy PolicyEarnings Disclaimer
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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