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Price: $189

Forex Minute Trader

Added on September 28, 2012 02:29 AM
Trading style: scalping
Currency pairs: EURUSD, USDCHF, EURJPY, USDJPY, GBPUSD
Money-back guarantee: 60-day
NFA compliance: Yes
License: 1 real account

Forex Minute Trader is an advanced scalper, which trades on 5 currency pairs - EURJPY, EURUSD, GBPUSD, USDJPY, USDCHF. Here is what it differs it from the other standard scalers on the market:

Optimized trade time, stop loss and take profit

Maybe you’ve lost money from a trade going in the wrong direction, but the stop loss was huge, perhaps 100 pips, 200 pips or more. 

Or perhaps you’ve been in an open trade for hours or days, with a sudden news announcement causing the market to explode against you. This is now a thing of the past with Forex Minute Trader.

Because trades last for a matter of MINUTES, on the contrary, it identifies sudden movements in the market and profit from them.

The stop loss and take profits are very small, with a trailing stop system; you don’t have to worry about profitable trades reversing on you ever again.

Overcomes the "slippage" problem

When it comes to trading on a real account you have to deal with slippages. 

Slippage happens when you attempt to execute a trade at a certain price, and that price executes at another price. The difference is slippage. Slippage can occur because of a lack of liquidity or slow processing by the broker.

When trading, this can influence your trades and in many cases your trade results. I built an amazing system in my robot to combat this problem:

Slippage Management System – Forex Minute Trader will detect slippage occurrences and track their numbers.  It will then disable trading for 5 minutes to avoid unsafe trading if and when slippage gets to inappropriate sizes.  In addition, the system will adjust to the slippage of your broker.

No martingale!

More important than the strategy itself is how you handle risk. You can have an incredibly accurate Forex strategy and still lose money.  How?

Here’s an example, let’s say you make 20 pips on a trade with .05 lots, and then your robot says, hey time to increase your lot size to .08.  Let’s say the next trade loses 20 pips, you’re now down more money than you started with. 

Another example, your robot loses a trade at .05 lots and decides to double your risk, now .1 lots and loses again.  This is called martingale, it’s dangerous, and Forex Minute Trader doesn’t trade like this.

Forex Minute Trader is careful to keep your account balance exposure low.  The system will increase your lot sizes for you as the account grows, but it will do it in a careful fashion that keeps your risk always low.

Constant optimization for current market conditions

One of the BIGGEST reasons a Forex strategy / system fails is because it is no longer updated or optimized for the market conditions.

When a system isn’t tuned or optimized for market conditions, it tends to fall behind and lose its profits.

All your profits go down the drain. And even if you had a robot that could be optimized, you have to do it yourself. That’s not why I want a robot.

Forex Minute Trader (as the name implies) is constantly optimized and updated without YOUR help! That’s what makes this special.

We keep all the data and optimizations on our servers, Forex Minute Trader checks in daily for these updates, and if they are there, it does it automatically.

 

Of course, nothing speaks better than digits, so here are some past and recent performance results:

Backtest


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