Last December, we ran a piece on FOREX, based on a LowEndBox thread. We said:
The odds are stacked against the trader.
…and that is certainly true. We had some more discussion of the hurdles in that piece, so if you want to know why FOREX is such a difficult game to play, go read it.
But some people are going to want to try their hand. As long as you go into it “eyes wide open” and are not fooling yourself about the risks, there’s nothing wrong with taking your shot. Be sure to educate yourself and use only capital you can afford to put at risk.
To get involved, you’ll need a platform (like Metatrader). As we said last time:
You can run it at home, but speed is everything in the FOREX world, and you’ll quickly discover that network latency is your bottleneck. So the next step is to put your Metatrader terminal in a datacenter on a VPS or dedicated server.
I listed a couple different options but recently we had a new advertiser come on board, so let’s put them on the table as well.
CheapForexVPS has a company name that warms our LowEnd hearts. You can get started for as low as $10/month and this is a market they specialize in:
7+ Years Forex & Trading Hosting Company
We possess comprehensive expertise in MetaTrader 4 (MT4), NinjaTrader, TradeStation, and various other trading platforms.
Because we at CheapForexVPS are aware of the particular requirements of the Forex market, we have carefully crafted our optimized forex VPS packages to meet these criteria. Our dedication to provide dedicated forex VPS hosting guarantees that variables like latency or server outages won’t interfere with your trading. You may trade with confidence thanks to our optimized infrastructure since your hosting was created with the subtleties of FX trading in mind.
They offer a 99.99% SLA.
Naturally, service is in New York and London (for lowest possible latency to these trading centers). If you’ve decided to give FOREX a try, CheapForexVPS deserves your consideration. Check out the deals on their web site!
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I also enjoy using LEBs! I have an empire of little guys for VPNs, larger guys for apps, and big guys for databases and storage. When I'm not in front a screen I'm into German Shepherd dogs, quality knives, target shooting, theology, tabletop roleplaying games, and forest hiking.
I enjoy writing technical articles here on LowEndBox to help people get more out of their systems. You can find me on LowEndTalk @raindog308
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