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Automated Forex Trading System – How to Find the Best and How to Make Big Profits

Aug 25

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The vast majority of automated Forex trading systems don’t work and you need to be able to spot them and its easy to do, if you follow the checklist enclosed, you can avoid the losers and find the best ones and make big profits… So let’s get rid of all the junk ones first. The way to get rid of over 90% of all the Forex robots advertised is to see if it has actually made any money or its track record is simply a back test. Go to the disclaimer and look for the words – “hypothetical”, “simulated” or “back test” and then you will know if it’s been traded in real time or just done on historical data. These track records (and there the vast majority) are made up, knowing all the facts and normally show huge gains, with no real losses and offer the lure of an easy income, with no effort. They literally buy and sell, knowing all the closing prices and bend the system to fit the data the test is run on. This is a bit similar to taking pot shots at a barn door and then drawing a circle around each one, after the event and saying you hit bulls-eyes! Now forget the simulations and find one with a real track record, of at least 2 years, so you know it’s made real gains. The best compound around 30 – 100% depending on how aggressive the system is. Once you have done this check your happy with the losing periods – these will normally vary between a few weeks to a few months and lose anywhere between 25 – 50% from peaks. After you are happy with the above make sure you understand the logic, so you can follow the system through losing periods with discipline.If you don’t have confidence in the logic, you won’t do this so, do your homework and make sure you agree with the system. Judge your automated forex trading system over the long term and ignore short term losses, all systems have them and you need to ride them out. Get a good trading system and you will find it will make you great long term gains, in about 30 minutes a day or less.You need to be realistic about trading long term and not look for a short term killing, you maybe lucky but most system traders judge their system long term and you should too.

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Automated Forex Trading Systems – One of the Best is Free and Enclosed!

Aug 22

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If you want an automated forex trading system that works, you should look at the one enclosed which has been at the heart of many a great trading system over the last 25 years and made millions. Let’s reveal the system, how and why it works… Before we start lets make a general point in relation for forex trading software. Automatic forex trading systems have a poor reputation overall, this is due to the numerous junk systems that are sold with made up track records which are simply paper back tests. Of course they don’t ever do the same gains in real time and the trader loses his money. The system enclosed however has been proven over the years and is still in use today and makes money. The system is simple, it only consists of one rule and was devised back in the late seventies, by famous trader Richard Donchian, who noticed a cycle in the markets of four week trends and this cycle gives the system its name – The 4 Week Rule. Here is the rule: Buy a 4 week calendar high, hold an open position and then reverse it to a short, when a 4 week calendar low is hit. Wait for the next 4 week high, before reversing and going long and keep reversing as 4 week lows and highs are hit. The system always has an open position. While the system is simplicity itself, it’s obvious why it works. It’s a simple, robust breakout strategy and it’s a fact most currency trends start and continue from new lows or highs.Currencies trend for long periods, this system will get you in and keep you in on every long term trend.The system doesn’t even need software; you can do the calculation in your head and its incredibly time efficient. The system also gives you a rule you follow and you don’t need to make any judgements at all – you simply execute the trading signals and that’s it. It’s a simple, automated forex trading system and it works. Its downside (and all systems have one) is when markets don’t trend strongly, it will incur drawdown and losses – but you can add another rule to smooth the fluctuations. You can place a stop at a one or two week, high or low and then wait for the next four week signal to get back in. Surprisingly, most traders won’t even bother with the above system despite the fact its proven longer term to make money. The main reason is – they don’t have the discipline to follow it. It takes discipline to follow a long term system and most traders simply can’t do it. They prefer unproven, back tested robots with fancy names and big claims yet, a free system that could make them money they ignore! If You are Interested in Profits Then…If you are interested in making money and have a disciplined nature you will love the 4 Week Rule which is a mechanical trading system that works. Simple logic yes – but it’s profitable and will continue to work, as long as markets trend. Check out the system and you will see how effective and profitable it is.

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Automated Forex Trading System – a Free System Reviewed That Makes Big Gains!

Aug 21

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Here we are going to look at a free automated Forex trading system that has been making big gains for decades and will continue to do so. Let’s look at the system, why it works and how you can use it… Most people, who buy automated Forex trading systems, buy the numerous ones promoted heavily online and none of them deliver the gains they claim. Most are not even designed by traders but by marketing companies. This system is the real deal, designed by a trading legend and it makes money, let’s take a look at it. The system was designed by Richard Donchian and is called the 4 Week Rule. The system is simplicity itself, with one simple, objective rule to follow. Buy a break to a new 4 week high and hold the position, until a new 4 week low is hit and then take out the long and go short. Always maintain a position in the market and keep reversing positions as new 4 week highs and lows are hit. You don’t have to make any subjective judgements and you don’t even need a software package to run this system. This system is so simple but don’t be deceived, it makes a lot of money and always will, because it is based on sound logic. In essence, it’s a simple long term breakout trading system and will get you into every major trend. A look at any currency chart, will show you these big trends last months and the system will get you a good chunk of the profits from these big trends. It’s a long term system and you will get periods of losses (all systems do) so you have to be patient but if you are, then you will be making some great profits from the big moves. This automated Forex trading system, has been used by savvy traders for well over 25 years, it makes money and best of all its free. Take a look at it and you will have a system which can lead you to currency trading success too.

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Automated Forex Trading System – Making Money on Auto Pilot the Reality

Aug 16

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The dream of many new Forex traders is to find an automated Forex trading system, simply plug it in and watch the money roll in. While you can make money on autopilot, the reality for most traders is a loss. So how do you win? Let’s find out… There are two major problems you face when looking for and executing an automatic trading system. 1. First You Need a Proven one NOT a Simulated OneMost forex robots sold online are proud of there track records of profits, despite the fact there simply a paper simulation, knowing all the prices! They expect the buyer to take this as evidence that it will make real money and many traders do. There is a problem here though…The system has made money knowing the closing prices and that’s not the reality of trading. Anyone, even my 10 year old nephew, can make money knowing the result in advance but that’s nor real trading or real money. So you need to find an automated forex trading system with a real track record over a period of time, there area few about and there very good for long term traders. Now we come to the second problem which sees traders fail even with a good system that could make them profits. 2. Discipline of Application The simulated forex trading systems never have any real losses of any real duration (because there simulated) but the real world is – you get profits long term but you will suffer drawdown short term. Drawdown depends on the system used. Typically, it will be few weeks to couple of months and you need to ride these losses out. You need to keep executing your trading signals and stay on course until you hit profits again and its not easy! Maintaining discipline when the market gives you loss after loss and makes you look a fool is hard. So how do you stay on course? Work out the worst drawdown and put your stop below it. Always assume your worst drawdown is ahead of you. Then learn the logic and make sure you agree with it – if you don’t have confidence in the logic you won’t have the discipline place your trading signals in line with the rules and if you don’t have discipline to execute your system rules, you don’t have a system. Look Long Term Automated forex trading can and does work but its not all profits and no losses as the vendors with simulated track records would have you believe. In reality you have to look long term minimum a year or two and ignore short term draw down and stay on course. If you can do this then your forex trading strategy will yield you a great income in around 30 minutes a day and you can enjoy currency trading success

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Automated Forex Trading System – This One is Free and Made Huge Gains for 25 Years!

Aug 13

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Do you want an automated Forex Trading system that is simple and piles up huge gains you can have for free? Then you will find a great Forex robot enclosed which has been making millions for savvy traders for decades… There are plenty of automated Forex trading systems for sale online – but the problem with most of them is – they have never made money in live trading conditions! They are simply back tests in hindsight, knowing all the price history and I don’t need to tell you how easy that is to do – a kid could do it! The system we are going to look at on the other hand, has survived and made money for decades and is still effective as it ever was. It was thought up by Richard Dinchian, one of the most respected traders of all time, its incredibly simple with just one rule which gives it its name – the 4 Week Rule: The rule of the system is Go long a market on any new 4 week high and hold – then reverse your position to a short on any 4 week low. Keep doing this always keeping a position open in the market. While it is very simple and you don’t even need a computer to do the calculation – it works, because it is based on two constants in the market: 1. Forex markets tend to trend for a long time either up or down 2. Most new trends start at new highs or lows and continue from them. The system is effectively a simple robust breakout trading system and as long as markets trend, breakout trading will make money. Its power is in its simplicity, making robust in the face of volatile constantly changing market conditions. Do not be fooled by people who tell you complex systems work better – they don’t. This is proven by the fact that, the same ratio of traders lose today, as they did 30 or 50 years ago, despite all the advances in forecasting we have seen. Simple Forex trading systems work best and always have. The system may not have some ridiculous catchy name, or hyped copy to sell it – but it doesn’t need it. Savvy traders use it, as they know it works and it’s at the heart of numerous professional fund managers and professional traders Forex trading strategies. Its very time efficient, you can apply it and generate your trading signals in about 30 minutes a day or less and the rule tells you EXACTLY What to do, so you don’t need to think about anything, you just execute the signals as they are generated. This automated Forex trading system works and will continue to work, so take advantage of it! It’s free and makes money so you have nothing to lose and everything to gain, by looking at it further and if you do, you could soon be enjoying Forex trading success.

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