TradersBuddy, a recently developed tool for managing financial trades, is meeting the favor of many brokers for its undeniable simplicity in comparison with the more well-known, and complex, Forex or CFDs (which stands for “Contract for Difference”) trading.
Let’s see what it is about, and why many people are praising it. TradersBuddy, in a brief, is a trading system which relies on a complex financial algorithm specifically designed for those binary options traders who want to make profit without risking too much.
This is especially good for those who don’t know well the financial markets, and lack the experience to place trades without fearing the consequences. That’s why the rely on software providers, known as “robots”. After a simple customization, these programs place the appropriate trades accordingly to their traders will, thus making the placing process significantly easier and safer.
TradersBuddy provides 3 trading styles: social trading, semi-automatic and fully automatic trading. However, the software focuses on social trading, which allows various experts to play a role in the placing choice by giving relevant advices on the social platforms presented. They can do so by voting for the trades they think might suit the customer the best. Semi-automatic trading asks for a confirmation before placing trades, while the fully automatic trading places them automatically following the criterias chosen previously by the trader.
The good news is that all this comes free of charge, which means that you can try the program by simply registering the demo account. Obviously, in order to make some profit, traders still need to store a minimum amount of money connecting with one of the brokers who are connected to the program platform.
Finally, in a world that keeps on speeding up, providing so many different solutions and alternatives, it is extremely important to choose carefully, giving priority to those products we can easily trust, and which are capable of offering us the opportunity of reaching the highest goals with a minimum effort. In the past, without a specific knowledge in one given field, we were lost. Now, thanks to the improvements in computer technology and semi-automatic programs as the one described in this article, we can really release our breath and enjoy the results.