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Anyone tried forex or investools? stock and investment programs? |
i want to buy an online stock trading program i have narrowed it down to forex-- foreign money exchange, or smarttrade- you follow the red and green arrows and buy or sell stock accordingly. i have no experience in stock or foreign money so i need a simple program has anyone tried one that worked. or had any success with any other programs You are talking about BLACK BOX SYSTEMS. They DO NOT WORK. Investools has a great strategy but the classes are VERY expensive and it taks a little bit of practice to get the hang of it. There is WAY more to it than watching red and green arrows! Report It Forex is not a tool to buy stocks! I live outside of the United States, BUT, a couple years ago, there was a company by that name.. IT WAS A SCAM HERE. If you have no experience at all, try reading up and doing some research on easy-to-understand sites that cater to beginnings, such as http://www.fool.com .Unless you want to put in hours and hours of research, it is best to put your money in a good no-load mutual fund such as found at Vanguard.com or Fidelity.com. (Actually after much research, I ended up putting my money in Vanguard funds anyway.) Most of the programs I have seen do not appear to be based on sound principles. You will probably find that those little red and green arrows do not work as well as claimed. You should do a little more research on stocks and foreign exchange before you jump in. Go to www.forex.com and you can learn there about foreign exchange. |
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