One of the best things you can do is watch the news religiously. Managed forex trading requires you to be able to know when the market is going to experience a volatile time. The news will present economic information, which will end up creating these situations. The last thing you want to do is make a trade in a relatively calm market and an hour after you do it, the market goes volatile. Watch the news and know what's going on, and you must have the best forex trading software. The best Automated forex trading software is forex autopilot. I have been using it for a year now and I typically make around 3000 dollars per day. If you are serious about forex trading, Id urge you to check out forex autopilot.