Online Forex Trading Course

Online Forex Trading Course


#265: Copy My Trades, Automagically!

March 18, 2018

Podcast:

Copy My Trades, Automagically!
In this weekly video:
00:28 – Have your own account traded from my personal FX account
00:56 – Our aim is to be profitable traders
01:38 – My manual strategy traded by an algorithm
02:23 – 100% traded automatically on your account
02:56 – All months have been profitable to date
04:06 – Using 4xSolutions to copy my trades
05:27 – How to find out more and to join
Would you like to have my personal trades copied onto your account auto-magically? If you would, listen up. I've got some very exciting news for you.
Hi traders, Andrew Mitchem here, The Forex Trading Coach video and podcast number 265, and I've got some exciting news to share with you.
Have your own account traded from my personal FX account
I'm wanting to give you the opportunity to have your own personal account traded auto-magically by using my own personal trades. In other words, without having to do absolutely anything at all, no placing trades, no getting text alerts, nothing at all like that, you can have your own MT4 account traded with the identical trades that I have myself.
Our aim is to be profitable traders
Let me explain more. So as traders, of course, all we want to do is to be profitable. That's the whole aim of being a Forex Trader, and we have the option of being manual trading or automated trading.
Automated trading means having an algorithm or an expert advisor or a trading robot. It's all basically the same thing – different names for the same thing. I've been trading Forex for 15 years, and over that time, I have just been inundated like I'm sure you have been with lots of expert advisors, Forex robots, promising absolute everything. Not one of them, have I ever seen that's been commercially available, has ever made money.
My manual strategy traded by an algorithm
However, what I've done over the last number of year is I've worked really hard to have my manual trading strategy put into an algorithm so it's being coded with my manual trading strategy logic. I don't want to be up 24 hours a day trading the Forex market. Also, I'm not personally a fan of trading the shorter timeframe charts. I much prefer with my manual trading to be trading the longer timeframe charts because it means I don't need to spend very much time looking at the charts. For me, my full-day trading involves no more than about 30 minutes of actual looking at charts. It's great because I can trade full-time like that, but what I've done is I've actually got my system and strategy automated to scan the shorter timeframe charts.
100% traded automatically on your account
That's what I'm offering you, a 100% fully automated robot trading algorithm, which can auto-magically be traded on your account for you.
I've been extensively back-testing and live-testing this strategy for a long, long time now, and in November 2017, I took the strategy on a live account, and it's been published. The results have been published on my FX book, which is a 100% fully automated and verified trading system. In that time, so we've now had 4 completed months, 4 full months of so far being profitable. The strategy until today, which is the 16th of March has been averaging 3.3% account gain per month, and so who knows what's going to happen in the future? You just cannot tell, but with extensive back-testing and now some forward-testing and live-testing, the strategy is performing extremely well. It's having about a 70% winning success rate, so around 7 out of 10 trades that it takes are profitable, and we're averaging 3.3% account gain.
It's important to understand that for some people 3.3% per month sounds really, really low for Forex, but it's really important to understand that you need to minimise your risk as a Forex trader.