Almost 90% of the investors in currency markets are short term speculators. Most of the investors want quick capital gains by starting forex day trading as a speculating venture. If you have made the positive decision to start currency trading, your first step should be choosing the right forex broker. The right choice of a broker will greatly influence the success of your whole enterprise.

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If your idea of painful foreign exchange trading, or Forex, includes mastering international rules and regulations and an ever-changing need for technological savvy then your prayers have been answered.

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Last time I looked, there were literally dozens of options out there when it came to automated Forex trading software, all of them promising to make you wealthy. Now me, I’m a skeptic so I’d rather ignore the claims made by the manufacturers and instead look at how the software performs for me as a Forex trader.

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