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Luke 6:38 - give, and it shall be given unto you... AGAPE.com
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The
Potentials of Automated Forex Trading The Hypes: I received in my mailbox, the following email: This is an extract of what I got after clicking on See the proof here: I do not question the genuineness of the
transactions nor the potentials of Forex Trading. Ask yourself these questions and you can
easily come to your own conclusion. While the potentials of making huge profits (or losses) is very real in Forex Trading, what is unreal is the cherry picking of only the money-making trades to impress the gullible. The Facts: Now that we have covered an example of the marketing hypes of Forex Trading, lets examine the real potentials of Automated Forex Trading. My question: Is it conceivable to grow a trading capital of $10,000 to $1.3 billion, i.e. more than a 130.000 times within a year of trading the Forex market? My answers: Yes, it is possible when the trades are taken in a favorable market condition and with the power of compounding and the thousands of trades are executed flawlessly and automatically. No, it is unlikely that this EA will create Billionaires within a year of trading unless the live trading environment is as forgiving as that of the test server. The Proof (Back-test): The EA used for this back-test is based on an adaptable hedging algorithm. This test generated a net profit of $1,306,364,888.46 (1.3 billion) i.e. a ROI of 130,636% with a $10,000 trading capital from 1/1/13 to 31/12/13. The back test was run on a Fxprimus ECN account with 1:100 leverage and a maximum lot size of 10,000. The key points to note here are:
Comparing the Hypes and the Facts:
In short, a measure of consistency in profitability over a long period is necessary to separate the chaffs from the grains of profitable trading systems. Conclusion: No investing or trading in other asset class can beat the Forex market for the ROI potentials. This kind of winnings and ROI from Forex trading can only be achieved with automation in a favorable market condition. Please click on Adaptable Hedge System for more details of this EA running in less favorable market conditions.
Never be afraid to try something new. Remember, the Professional built the Titanic. The amateurs built the Ark!
Contact me to find out how we can make good use of this trading robot to help us overcome the handicaps of Forex trading and to share the fruits of our harvest with the less fortunate. |
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