How not to panic or Making AutoTrader work for you: Part I

AutoTrading is a very easy concept. It is simply a black box that is a trading strategy long and short that executes trades in a systematic manner 24/7. Markets, economic statistics, and world news events can rattle an investor's calm; especially one that wants to make slow and consistent profits in a very uncertain marketplace. That is why the service is provided. When there is a demand someone comes out with something to meet that demand. Here is a way where you can have access to experience forex traders and basically stand on their shoulders. The trick here is to pick the right horse and in that regard there are certain statistics that are more relevant than others. I hope to show and explain them in a way that it is enjoyable to you.

Is it profitable? This is the performance of the same demo you are using for this month.

Here is the portfolio I used and will explain in the next blog.

Update on Euro using ebook strategy: Sell!

Please look at the chart to see the setup used to setup the short. It's still active. Lets see how many pips we can make from it! We are currently in at 1.3970 (stop is 1.4070).