Featured Traders To Copy Their Trades

Thanks for reading. Today we are going to talk about an excellent trading strategy based upon the RSI or Relative Strength Index. As much as I would love to take all of the credit for this trading strategy, the real credit goes to Larry Connors and Cesar Alvarez.

Thank you for your blessings also. That is how we get from down to Volume is something that I have considered in my strategies , because they are based only on price. It will also be useful to get the distribution of the drawdowns, e.

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Trader Einstein-new automated Forex robot developed by the same people who brought you the million dollar pips,the EA established back in ,but already has free access in

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Your consent is required for the processing of certain data. On the contrary, this system magnifies profits while simultaneously reducing draw-downs in most scenarios. This is clearly illustrated on the book cover. This is a massive increase in profitability all from the same trade signals!

My first live trading was on a simple trend-following trading strategy. After a few weeks of little activity, the forex market sprang to life and so did my system! My account doubled in about 48 hours! It was the first time in 15 years of forex trading that I had ever doubled my account and that's when I knew I had developed something very special and powerful.

And I'm happy to say that my trading robots continue to pump out healthy, steady profits to this day. For more details and performance of my trading robots, register FREE at: This system can be applied manually to most trading systems in ANY market and even on casino games like Roulette and Baccarat etc. No calculator is needed because it's so easy to follow. Although I suggest sticking with financial markets where you can really profit big! You can watch some video demonstrations on my website RouletteTrader.

I do not teach signal strategies in this ebook or any basics of forex. It's not about that but I'll be releasing a book about that soon too. So come join me and I'll open a whole new dimension of trading and opportunities for BIG profits that you've never seen before!

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Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. Trading Strategies, Day Trading Book 1. Scalp from home, on the go, anywhere, anytime 24 hours a day 5 days a week!!! For Beginning and Struggling Traders. Product details File Size: Roulette Trader October 17, Publication Date: October 17, Sold by: Share your thoughts with other customers.

Write a customer review. Read reviews that mention strategy robots trade risk trader roulette results traders method trades guy testing approach profit sense winning systems key profitable concept. There was a problem filtering reviews right now. Please try again later. Kindle Edition Verified Purchase. This is an interesting method, however be cautious! I put a few author's methods in Excel, it seemed if you have a robust system that keeps making money, this method could enhance your return for most of the cases.

However, if you run enough iterations, there are quite a few of them that incur large drawdowns. In addition, the tendency of a system to yield consecutive winners seemed to be an important factor. It's disappointing that the author didn't present complete statistical analysis of his methods, and risks are not thoroughly analyzed. At this point, isn't clear how practical is the method in real world.

Overall, a system might benefit from this method, if it has the desired "characteristics"; however the risk needs to be fully analyzed before one can put real money in this. Overall this book is about a statistical method without thorough statistical analysis. The author appeared really eager to sell you his service: The most successful traders have always taught that the key to successful trading is money management.

Well, here is a very simple but powerful money management technique that works in today's currency markets. Although Don does not give a trading system example to use with this MM system, he does point out that it works best for any system that gives runs of multiple profits and losses , which are quite common in the currency markets. For example, a trend following system will give several losses in a row during a consolidating market, but then give multiple profitable trades when the market begins trending again.

For a range trading system, the opposite is true as well. Think about that for a moment, and you might just have a revelation. The method itself allows for a large return with small risk to the trader's original equity through a very basic, but powerful, system that "pyramids" on profits from the previous trades.

Although Don mentions his trading robots, he does not appear to hype them in order to make a sale, and the ea's he sells are mostly simple trend following sytems which are very consistent and profitable.

However, as I will explain below, you don't need to purchase his robots in order to trade using his money management system. As a person, I have found Don to be very honest and extremely generous. He is open to questions and is normally quick to answer any emails I have sent him, as well as transparent about his trading results.

You can check out his live trading results on the MyFXBook website under the user name of RouletteTrader to see how his most popular robots are performing.

Some of the negative reviewers have questioned the system's effectiveness and the trading robots' durability for the long haul. In my 20 years of currency and futures trading, I question whether any system is profitable forever. Even the turtles aren't doing so well these days, and most of the best robots from 5 years ago aren't even on the market anymore. However, as long as any system continues to make "runs" of profitable trades, I believe this technique will continue to be insanely profitable.

To test this method before live trading, I ran a simple 2 month test in live market conditions.