Virtual Private Server (VPS) plays a very important role if you want to trade forex by using Expert Advisor. You don't want to turn on your computer 24 hour everyday which will exhaust your computer, at the same time your electricity bill will go up as well. You will need to get your forex robot to be able to run all the time and execute your order with less connection trouble. Reliable VPS is hard to find yet sometimes really expensive. When you don't have BIG account balance that can satisfy the expenses on VPS, you need to find affordable and fast VPS (I like to say low latency, for faster execution). Today, I've just found a VPS which I think can satisfy my requirement for reliable and fast VPS, and off course it is affordable. It is called SocialVPS. They have several VPS location and the fastest VPS located in New York where they can provide ultra low latency. This will definitely be a great choice if you trade with brokers like Oanda, Pepperstone, FXPri...
About the book - Trading for Dummies: Many people have misconceptions about trading and its risks. Most people think of the riskiest type of trading — day trading — whenever they hear the word trader. We’re definitely not trying to show you how to day trade. Instead, we want to introduce you to the world of position trading, which is much safer, less risky, and yet a great way to build a significant portfolio. Don’t get the wrong idea; trading in securities always carries risks. You should never trade with money that you can’t risk losing. That means trading with your children’s education savings isn’t a good idea. If you want to trade, set aside a portion of your savings that isn’t earmarked for any specific use and that you believe you can put at risk without ruining your lifestyle. Obviously, we plan to show you ways to minimize risk, but we can’t promise that you won’t take a loss. Even the most experienced traders, the ones who put together the best trading sys...