The experiment we are going to look at proved that anyone could learn currency trading and do it quickly with the right mindset and education and you can learn a lot from this inspiring story...
The experiment was conducted by famous trader Richard Dennis to settle a bet with his business partner, who thought traders were born not made. Dennis disagreed and said anyone could be taught. So he set about proving he was right, by gathering a group of people together who only had one common trait - they knew nothing about trading. There were some card players, a young man just leaving school, a lady auditor, a security guard and an actor, so a pretty diverse group.
The training took just 14 days.
Dennis taught them a simple method and some money management rules and then set them off to trade. The result is well known and these traders went on to make hundreds of millions of dollars and many still trade today.
So how did they succeed, when 95% of new traders fail?
Of course they had a good teacher but Dennis knew that most people don't fail because of their method they fail in most instances because they cannot apply a method with discipline.
The Key to Winning is Losing
The reality of trading is you have to lose to win and you must keep your losses small and keep going until you hit profits again.
Most traders believe the rubbish they are told about not facing drawdown periods that last more than a few trades but the fact is even the best traders lose for weeks on end. The key to winning, is actually losing - keeping your losses small and keeping on course until you hit a home run.
Method + Discipline = Currency Trading Success
You can have the best method but you need discipline and this is EXACTLY What Dennis taught his pupils, to keep going through periods of losses until they hit profits. In interviews the traders in the experiment commented on how the system was easy to learn - but to execute it with discipline and money management was much harder.
Of course, if you have no discipline, you will lose.
Discipline is built on learning the basics and confidence and understanding.
You are going to at some point hit and have to ride out a drawdown period so you need to be prepared. Forex trading relies on a simple, robust, method applied with discipline. Dennis knew this and taught his pupils its importance and the story is inspiring for all new traders as it shows anyone can learn and anyone can enjoy success with the right education and mindset.
Always remember - it's not the market that beats the trader, it's the trade that beats himself. If you understand that and are prepared to be disciplined then you can win.
Thursday, October 30, 2008
Trend Stuffer Review – A Top Tier Forex Software Trading System
Product Description
The product name specifies the development strategy the designers and engineers focused on when building this product. The software is based on the past history of a currency or its trend line. The Trend Stuffer has over 1,100 clients which emphasis their achievement of being one of the most successful Forex trading systems in recognizing the beginning and ending of a trend line. Which of course, if you are able to get in and out of the market at those key strategic points greatly enhances your profit ratios. The software allows you to track and trade 17 different pairs of currency, which is quit a bit more than most of the other trading systems available today.
Trend Stuffer Technical Points
1) Easy setup, a complete beginner can finish in maximum 10 minutes.
2) Detailed user's guide to help you with every step.
3) A dedicated internet Forum for Trend Stuffer members where you will be able to discuss and chat with other members.
4) You can start with a demo account (with play money) to see that it's really working without risking even a dollar of your money.
5) It works in every country.
6) Live, real money account statements from 2006 to 2008 show that this system really does stand the test of time, and different market conditions.
7) Free updates (we upgraded the software 4 times (4x) in 2007, 2008 and it was FREE to every past customer.)
8) Use it with any broker and Metatrader 4 client.
9) NOMONTHLY SUBSCRIPTION FEE. This is a one time purchase.
10) We have a Portfolio Recommendation (to be able to efficiently diversify on 17 different pairs.)
Product Review
This a Trend based software which focuses on the short term direction a currency is moving and is rated as a High Top Tier Product. While testing the trading approach utilized by the software we found it produced mid level to high profits over extended periods. We really like the interface with the user and found the menu extremely user friendly. The rating of this software came out close to our highest rated product ever which was a 10 out of 10 and was based on its profits ratios, long term consistent performance and that the software is updated a minimum of four times a year which the users receive free of charge.
The product name specifies the development strategy the designers and engineers focused on when building this product. The software is based on the past history of a currency or its trend line. The Trend Stuffer has over 1,100 clients which emphasis their achievement of being one of the most successful Forex trading systems in recognizing the beginning and ending of a trend line. Which of course, if you are able to get in and out of the market at those key strategic points greatly enhances your profit ratios. The software allows you to track and trade 17 different pairs of currency, which is quit a bit more than most of the other trading systems available today.
Trend Stuffer Technical Points
1) Easy setup, a complete beginner can finish in maximum 10 minutes.
2) Detailed user's guide to help you with every step.
3) A dedicated internet Forum for Trend Stuffer members where you will be able to discuss and chat with other members.
4) You can start with a demo account (with play money) to see that it's really working without risking even a dollar of your money.
5) It works in every country.
6) Live, real money account statements from 2006 to 2008 show that this system really does stand the test of time, and different market conditions.
7) Free updates (we upgraded the software 4 times (4x) in 2007, 2008 and it was FREE to every past customer.)
8) Use it with any broker and Metatrader 4 client.
9) NOMONTHLY SUBSCRIPTION FEE. This is a one time purchase.
10) We have a Portfolio Recommendation (to be able to efficiently diversify on 17 different pairs.)
Product Review
This a Trend based software which focuses on the short term direction a currency is moving and is rated as a High Top Tier Product. While testing the trading approach utilized by the software we found it produced mid level to high profits over extended periods. We really like the interface with the user and found the menu extremely user friendly. The rating of this software came out close to our highest rated product ever which was a 10 out of 10 and was based on its profits ratios, long term consistent performance and that the software is updated a minimum of four times a year which the users receive free of charge.
Forex Trading Software – The Software of Champions or Tragedies – It’s up to You!
Your sole objective of selecting your Forex (FX) trading software should be to optimize your profits over the long term as opposed to maximize your profits in the short term. The software should function well in all trading environments and be able to produce consistent profits which every way a particular currency happens to be moving at any given moment. There are so many Forex trading systems on the market today that the decision of which one to purchase first can be confusing. Each and every FX trading system is programmed a little differently and offers a distinctive approach to trading.
If you are an experienced trader and are now looking to upgrade from the manual trading process to computer based system then it is imperative that the first step is to examine your on individual method of trading and be honest with yourself. After all, do you want to purchase a trading system based on trends when you a signals trader? Or if you’re a long term investor do want a system based on day trading?
Maybe you have not been successful trading to date and are attempting to blame the software. If that is the case then you really should take a long hard look at yourself and determine if it’s the software or is it you. If you decide that it might not be the software, but the fact you have not been executing your trades properly then instead of purchasing a new system immediately you should strongly consider an additional online training course.
The vast majority of the top notch FX trading software on the market today has been examined numerous times by both the developers of the software and many independent testing agencies. As long as the software you purchase is a state of the art system is has been proven that it is capable of producing long term profits if utilized properly. Unfortunately, far too many people jump into currency trading which can be a highly lucrative field but is also a very competitive area with little or knowledge of the foreign exchange markets.
If you are a new comer to the FX markets, then please first invest in one of the many excellent online course that will educate on the details of the market before attempting to jump right in with an automated trading system. The cost of these courses is so minimal that they are easily made up with one successful trade that it is just unconscionable that anybody whom has little or no knowledge of the markets would want to start trading without first taking a course.
The software you select can really make you a hero in the eyes of your family if you are educated on the markets sufficiently to understand them and have the software work for you as the tool it was designed to do. When selecting the software there are only a few vital points to consider. The first being to make sure you purchasing a top level program which is updated as required by the market movements. The next and final step is to a pick a software that is based on your personal profile of trading. If you’re a newcomer to the markets then make sure you are selecting a proven system and make sure it is a general system as opposed to one that focuses on a specific style of trading. This will give you time to learn the different aspects of trading first and develop your own approach.
If you are an experienced trader and are now looking to upgrade from the manual trading process to computer based system then it is imperative that the first step is to examine your on individual method of trading and be honest with yourself. After all, do you want to purchase a trading system based on trends when you a signals trader? Or if you’re a long term investor do want a system based on day trading?
Maybe you have not been successful trading to date and are attempting to blame the software. If that is the case then you really should take a long hard look at yourself and determine if it’s the software or is it you. If you decide that it might not be the software, but the fact you have not been executing your trades properly then instead of purchasing a new system immediately you should strongly consider an additional online training course.
The vast majority of the top notch FX trading software on the market today has been examined numerous times by both the developers of the software and many independent testing agencies. As long as the software you purchase is a state of the art system is has been proven that it is capable of producing long term profits if utilized properly. Unfortunately, far too many people jump into currency trading which can be a highly lucrative field but is also a very competitive area with little or knowledge of the foreign exchange markets.
If you are a new comer to the FX markets, then please first invest in one of the many excellent online course that will educate on the details of the market before attempting to jump right in with an automated trading system. The cost of these courses is so minimal that they are easily made up with one successful trade that it is just unconscionable that anybody whom has little or no knowledge of the markets would want to start trading without first taking a course.
The software you select can really make you a hero in the eyes of your family if you are educated on the markets sufficiently to understand them and have the software work for you as the tool it was designed to do. When selecting the software there are only a few vital points to consider. The first being to make sure you purchasing a top level program which is updated as required by the market movements. The next and final step is to a pick a software that is based on your personal profile of trading. If you’re a newcomer to the markets then make sure you are selecting a proven system and make sure it is a general system as opposed to one that focuses on a specific style of trading. This will give you time to learn the different aspects of trading first and develop your own approach.
Forex Trading - Anyone Can Learn to Win But 95 Percent of Traders Lose Why?
Forex trading is simple to understand and easy to learn yet, 95% of traders lose. There are two main reasons for this and we will look at both here...
First let's start with a fact to make you think:
30 years ago 95% of traders lost and 95% lose today despite the huge advances in communications, speed of data, quality of news and the power of computers and there testing power - the same ratio lose, so all the advances haven't helped.
You can't beat Forex with technology and the fact is simple systems work best and always have, as they have fewer elements to break than complicated ones.
So if you work hard or try and be clever it doesn't guarantee you success.
You may now well be asking...
If it only takes a simple system to win, anyone can do that and yes they can - but they must learn to apply it with discipline.
Discipline is the key!
Most traders can never trade in a disciplined fashion and the reasons they can't are they require that, not only do you need a good forex education but you are fighting your emotions when you trade and let them get the better of you and you will lose.
Normal behaviour we take for granted in society is fatal in forex markets. Let's look at some examples to illustrate this:
- You need to trade in isolation, away from the herd and this is hard, as we are like to be with the majority and not feel on our own.
- You cannot consult an expert, as trading success comes from within - your knowledge and the confidence you have in it and an expert can never give you that.
- There are no set rules in the market, you make your own, trust them and survive by them.
- We all hate losing, it wounds our ego but unless you learn to lose and keep your losses small you will never win.
Now all the above make trading a unique challenge.
Sure you can become disciplined - but don't let anyone tell you its easy - it isn't.
Of course, you wouldn't expect it to be, with the rewards on offer - but if you are disciplined and you have a sound logical method, applying it with discipline can bring you rewards which can change your financial future forever.
The choice is yours:
You can learn Forex trading the right way, or you can listen to the so called gurus and experts, who tell you it's a walk in the park and lose.
Make an effort - invest in a sound Forex education and you will have confidence and discipline and win - it's as simple as that. You can do it if you want to and the choice is yours.
First let's start with a fact to make you think:
30 years ago 95% of traders lost and 95% lose today despite the huge advances in communications, speed of data, quality of news and the power of computers and there testing power - the same ratio lose, so all the advances haven't helped.
You can't beat Forex with technology and the fact is simple systems work best and always have, as they have fewer elements to break than complicated ones.
So if you work hard or try and be clever it doesn't guarantee you success.
You may now well be asking...
If it only takes a simple system to win, anyone can do that and yes they can - but they must learn to apply it with discipline.
Discipline is the key!
Most traders can never trade in a disciplined fashion and the reasons they can't are they require that, not only do you need a good forex education but you are fighting your emotions when you trade and let them get the better of you and you will lose.
Normal behaviour we take for granted in society is fatal in forex markets. Let's look at some examples to illustrate this:
- You need to trade in isolation, away from the herd and this is hard, as we are like to be with the majority and not feel on our own.
- You cannot consult an expert, as trading success comes from within - your knowledge and the confidence you have in it and an expert can never give you that.
- There are no set rules in the market, you make your own, trust them and survive by them.
- We all hate losing, it wounds our ego but unless you learn to lose and keep your losses small you will never win.
Now all the above make trading a unique challenge.
Sure you can become disciplined - but don't let anyone tell you its easy - it isn't.
Of course, you wouldn't expect it to be, with the rewards on offer - but if you are disciplined and you have a sound logical method, applying it with discipline can bring you rewards which can change your financial future forever.
The choice is yours:
You can learn Forex trading the right way, or you can listen to the so called gurus and experts, who tell you it's a walk in the park and lose.
Make an effort - invest in a sound Forex education and you will have confidence and discipline and win - it's as simple as that. You can do it if you want to and the choice is yours.
Forex Trading - The Critical Two Elements ALL Successful Traders Need
There are two elements to a successful Forex trading strategy but most traders fail to understand how the two elements combine to make a profitable Forex trading strategy. Most traders don't understand the link and lose...
The first element you need and you probably guessed - you need a robust, simple, forex trading system based on sound logic - most traders however cannot even get this right and make these critical errors.
1. Use a Forex Robot that's Been Back Tested
They then think this should work in real time and of course it doesn't. If you have all the data and bend the track record to fit you get profit in hindsight - but going forward no two data segments repeat exactly the same and the system collapses in real time. Most traders follow these automatic trading systems and all the ones with simulations destroy equity.
2. Day Trading and Scalping Strategy
The logic of doing this form of trading is dumb - all volatility in short term time frames is random, so you can never win.
3. Predictive Mathematics
Predicting is hoping and guessing and you won't win at Forex doing that. Also markets don't move to a mathematical formula, only the odds - so a complicated theory can be very clever but the market won't respect it, as it doesn't move to maths - period.
To win your strategy should be simple. Simple Forex trading systems work best as they are more robust in the brutal world of trading and you should always trade the reality of price change and not try and predict.
Now the next element is the hard part.
The Keys of Confidence and Discipline
You need the discipline to apply your method through periods of losses, stay on track with your trading signals until you hit a home run - it's not easy, here's why:
Many people online claim that you will suffer little or no drawdown periods and they don't last long - rubbish! Even the best traders in the world suffer weeks or months of losing periods, sure they win longer term - but these periods happen to them and they will happen to you.
When they do, you need to trade through them as the market wrong foots you and hands you losses and its hard to do for most traders.
You need to have confidence in what you are doing and this will be transmitted into discipline. You will never have discipline, if you don't have confidence and that is why you need to know what you're doing, even if you are following someone else's trading system.
Get the right forex education, get a simple, robust, logical method, learn it and have confidence in it. You will then have the discipline to win and enjoy currency trading success
The first element you need and you probably guessed - you need a robust, simple, forex trading system based on sound logic - most traders however cannot even get this right and make these critical errors.
1. Use a Forex Robot that's Been Back Tested
They then think this should work in real time and of course it doesn't. If you have all the data and bend the track record to fit you get profit in hindsight - but going forward no two data segments repeat exactly the same and the system collapses in real time. Most traders follow these automatic trading systems and all the ones with simulations destroy equity.
2. Day Trading and Scalping Strategy
The logic of doing this form of trading is dumb - all volatility in short term time frames is random, so you can never win.
3. Predictive Mathematics
Predicting is hoping and guessing and you won't win at Forex doing that. Also markets don't move to a mathematical formula, only the odds - so a complicated theory can be very clever but the market won't respect it, as it doesn't move to maths - period.
To win your strategy should be simple. Simple Forex trading systems work best as they are more robust in the brutal world of trading and you should always trade the reality of price change and not try and predict.
Now the next element is the hard part.
The Keys of Confidence and Discipline
You need the discipline to apply your method through periods of losses, stay on track with your trading signals until you hit a home run - it's not easy, here's why:
Many people online claim that you will suffer little or no drawdown periods and they don't last long - rubbish! Even the best traders in the world suffer weeks or months of losing periods, sure they win longer term - but these periods happen to them and they will happen to you.
When they do, you need to trade through them as the market wrong foots you and hands you losses and its hard to do for most traders.
You need to have confidence in what you are doing and this will be transmitted into discipline. You will never have discipline, if you don't have confidence and that is why you need to know what you're doing, even if you are following someone else's trading system.
Get the right forex education, get a simple, robust, logical method, learn it and have confidence in it. You will then have the discipline to win and enjoy currency trading success
Forex Education - Understanding Standard Deviation For Bigger FX Profits
If you ask most Forex traders what standard deviation of price is you will me met with a blank look but understanding it is essential Forex education which if you know its significance and use it, can help you make bigger forex profits...
To show how valuable understanding it is - I once saw a trading system that only used standard deviation to generate trading signals and in just a couple of years, it went from a $100,000 to just over $1.1 million, in real time trading, simply trading changes in volatility.
Lets take a look at it in more detail, how to calculate it and a trading indicator to help you apply it in the markets.
What is Standard Deviation?
Standard deviation of price is the term that is used to statistically measure the volatility of price in any financial market (not just forex) and gives a view of how widely values (closing prices) are dispersed from the average price.
Dispersion is simply the difference between the actual value (present closing price) and the average value or mean closing price.
The wider the difference between the actual value and average value the higher the standard deviation will be. Standard deviation therefore gives you an overall view of market volatility and dealing with market volatility is one of the major challenges any financial trader has to deal with
Measuring Standard Deviation
To measure standard deviation and see how volatile a market is you do the following calculation:
Take the square root of the variance, the average of the squared deviations from the mean and you have the standard deviation.
If you find it a little confusing at the moment don't worry as there are visual indictors you can use which will show it to you in simple terms and you don't need to know the calculation to use it.
The Importance of Volatility
When markets are very volatile standard deviation will be high and when they are for example trading in ranges standard deviation will be low and you can see it historically and use it in your trading
Using It in Your Forex Trading Strategy
It's a fact that periods of high volatility (price spikes) don't last long and you can see this in any market and prices will normally return back to the longer term average. Price spikes are normally the result of the emotions of greed and fear as we as traders push prices to far either up or down.
Generally you can use standard deviation in the following way
High standard Deviation Won't Last
When price spikes occur and standard deviation is high historically, you can look to take profits or enter contrary trades against the spike.
Buying the Average
Prices will always tend to dip back to the average in strong trending markets and this is an opportunity to load up trades in the direction of the trend.
Low Standard Deviation Moving to High and New Trends
When a market is not volatile and features low standard deviation and it turns higher you will very often see a new trend develop and it's an advance warning to get ready to execute a trading signal.
A Visual Tool to Measure Volatility
A very useful tool which gives you a visual view of standard deviation and volatility is the Bollinger Band and every trader should be familiar with it.
Bollinger bands are volatility bands which are drawn either side of a simple moving average and combine a simple moving average with the volatility of the individual market in a trading envelope.
The outer bands show you the volatility and the simple moving average gives you the long term value of the market. You therefore can see how volatile the market is historically via the outer bands and see the value of the market at the centre band.
Just simply using the outer bands to decide when to take profits and enter new positions and buying or selling back to the moving average can be highly effective.
We will look at Bollinger Bands in more detail in the next article of essential forex education and how you combine them with momentum indicators to generate trading signals and improve your market timing.
To show how valuable understanding it is - I once saw a trading system that only used standard deviation to generate trading signals and in just a couple of years, it went from a $100,000 to just over $1.1 million, in real time trading, simply trading changes in volatility.
Lets take a look at it in more detail, how to calculate it and a trading indicator to help you apply it in the markets.
What is Standard Deviation?
Standard deviation of price is the term that is used to statistically measure the volatility of price in any financial market (not just forex) and gives a view of how widely values (closing prices) are dispersed from the average price.
Dispersion is simply the difference between the actual value (present closing price) and the average value or mean closing price.
The wider the difference between the actual value and average value the higher the standard deviation will be. Standard deviation therefore gives you an overall view of market volatility and dealing with market volatility is one of the major challenges any financial trader has to deal with
Measuring Standard Deviation
To measure standard deviation and see how volatile a market is you do the following calculation:
Take the square root of the variance, the average of the squared deviations from the mean and you have the standard deviation.
If you find it a little confusing at the moment don't worry as there are visual indictors you can use which will show it to you in simple terms and you don't need to know the calculation to use it.
The Importance of Volatility
When markets are very volatile standard deviation will be high and when they are for example trading in ranges standard deviation will be low and you can see it historically and use it in your trading
Using It in Your Forex Trading Strategy
It's a fact that periods of high volatility (price spikes) don't last long and you can see this in any market and prices will normally return back to the longer term average. Price spikes are normally the result of the emotions of greed and fear as we as traders push prices to far either up or down.
Generally you can use standard deviation in the following way
High standard Deviation Won't Last
When price spikes occur and standard deviation is high historically, you can look to take profits or enter contrary trades against the spike.
Buying the Average
Prices will always tend to dip back to the average in strong trending markets and this is an opportunity to load up trades in the direction of the trend.
Low Standard Deviation Moving to High and New Trends
When a market is not volatile and features low standard deviation and it turns higher you will very often see a new trend develop and it's an advance warning to get ready to execute a trading signal.
A Visual Tool to Measure Volatility
A very useful tool which gives you a visual view of standard deviation and volatility is the Bollinger Band and every trader should be familiar with it.
Bollinger bands are volatility bands which are drawn either side of a simple moving average and combine a simple moving average with the volatility of the individual market in a trading envelope.
The outer bands show you the volatility and the simple moving average gives you the long term value of the market. You therefore can see how volatile the market is historically via the outer bands and see the value of the market at the centre band.
Just simply using the outer bands to decide when to take profits and enter new positions and buying or selling back to the moving average can be highly effective.
We will look at Bollinger Bands in more detail in the next article of essential forex education and how you combine them with momentum indicators to generate trading signals and improve your market timing.
Automated Currency Trading System - A Free One That's Made Big Gains For 25 Years!
Here is an automatic currency trading system, that's been used by some of the world's best traders and its totally free for you to use. Take a look at how it can lead you to currency trading success. Everything you need to know about it is enclosed...
The History
This currency system dates back to the late seventies, when trading legend, Richard Donchian noticed a reliable 4 week cycle in commodity markets and while designed to trade commodities, it works on any trending markets and as we all know - currencies offer great trends.
The System
You won't find a simpler system than this. Its based on one rule only and you don't even need a computer to do the calculation, you can do it on paper - here it is:
Buy a new 4 week high in a currency and reverse the position to a short, on a 4 week low. Keep an open position in the market at all times and keep reversing from a high to a low and vice versa, on the next 4 week high or low - that's the rule.
Its simple - but it works and will continue to work for the following reasons:
Why it Works
It works because it's based on sound market logic that never changes which is:
Currencies will trend for long periods and they will invariably start new trends and continue them, from breakouts to new market highs or lows.
All the best currency trading systems are simple.
There is no correlation between complexity and success. Despite the fact that it makes money (test the rule and you will see how much), most traders simply won't or can't follow it.
Why Most Traders can't follow it
Most traders like to believe all the over the top copy from the junk robot vendors, that have never made any money - but claim to do so. They base their claim upon back tests and simulations knowing the closing prices, which obviously means nothing, in terms of what a user will make.
They like the trendy names and the idea of profits with no drawdown (dream on!) and dismiss this one as to crude and to simple - despite the fact it makes cash and that's what a system should be judged on.
Others simply can't stick with it because, it's so long term and is not to bothered about prediction (traders love to try and hit pinpoint market tops and bottoms even though it's impossible) and simply cannot execute the signal which is totally objective.
Big Long Term Profit Potential in 15 Minutes a Day
If you are not worried about a fancy name, a glossy pack and promises which are based on hype, this automated currency trading system can give you the potential to, seek long term profits in around 15 minutes a day.
Take a closer look at the system, its simple to understand, makes money, has been used by savvy traders for a quarter of a century, will never go out of date and best of all - its free! Take a look at what it can do for your currency trading strategy and you will be pleased you did.
The History
This currency system dates back to the late seventies, when trading legend, Richard Donchian noticed a reliable 4 week cycle in commodity markets and while designed to trade commodities, it works on any trending markets and as we all know - currencies offer great trends.
The System
You won't find a simpler system than this. Its based on one rule only and you don't even need a computer to do the calculation, you can do it on paper - here it is:
Buy a new 4 week high in a currency and reverse the position to a short, on a 4 week low. Keep an open position in the market at all times and keep reversing from a high to a low and vice versa, on the next 4 week high or low - that's the rule.
Its simple - but it works and will continue to work for the following reasons:
Why it Works
It works because it's based on sound market logic that never changes which is:
Currencies will trend for long periods and they will invariably start new trends and continue them, from breakouts to new market highs or lows.
All the best currency trading systems are simple.
There is no correlation between complexity and success. Despite the fact that it makes money (test the rule and you will see how much), most traders simply won't or can't follow it.
Why Most Traders can't follow it
Most traders like to believe all the over the top copy from the junk robot vendors, that have never made any money - but claim to do so. They base their claim upon back tests and simulations knowing the closing prices, which obviously means nothing, in terms of what a user will make.
They like the trendy names and the idea of profits with no drawdown (dream on!) and dismiss this one as to crude and to simple - despite the fact it makes cash and that's what a system should be judged on.
Others simply can't stick with it because, it's so long term and is not to bothered about prediction (traders love to try and hit pinpoint market tops and bottoms even though it's impossible) and simply cannot execute the signal which is totally objective.
Big Long Term Profit Potential in 15 Minutes a Day
If you are not worried about a fancy name, a glossy pack and promises which are based on hype, this automated currency trading system can give you the potential to, seek long term profits in around 15 minutes a day.
Take a closer look at the system, its simple to understand, makes money, has been used by savvy traders for a quarter of a century, will never go out of date and best of all - its free! Take a look at what it can do for your currency trading strategy and you will be pleased you did.
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