The main point of any forex course is to help you to make money with foreign exchange trading. You do need some understanding of the forex market and the risks involved in speculative trading even if you’d like to use a hands off method of trading. These are programs that you download and install on your PC. They may communicate with a currency exchange broker platform to trade for you automatically any time that your computer is switched on. These fellows will watch the marketplace for you and tell you when to trade. Messages will come in by e-mail and/or SMS signalling the moment to open a trade, close a trade, and sometimes they’ll advise on the stop loss position to control your risk. Thirdly you can select a managed account. Many of the best currency exchange managers will only deal with huge accounts, so this option may not be ideal if you only have a small amount of capital. Also, you must do your due research very thoroughly and check whether the management company is a member of any regulatory bodies that might protect you against loss or crime.