To understand this, let's take a look at what Forex Trading Systems really are. Trading systems are essentially a compilation of rules to filter out market noise to isolate specific conditions for opening a trade.First a few things about the importance of first practising on the demo account. Practice is what makes a man perfect. The same applies in fx trading. The more you practice, the more you are going to become an expert forex trader. Always first test a new fx system on your demo account. This way you can know without losing your hard earned money whether the system is worth putting your hard earned money on the line.Liquidate short positions and open long position when a price exceeds the highs of the previous 4 calendar weeks. Liquidate long positions and open short position when a price falls below the lows of the previous 4 calendar weeks.

These systems are all easy to spot by the ridiculously large gains to drawdown they claim and you will very often see 100 - 300% annual gains and drawdown of 1% or less! This would be great if it were true but not even the world's best traders manage this and a two hundred dollar Robot doing it? Don't think so!Look at it like this. If we were to all trade the markets mechanically, don't you think there would be more people succeeding. Since none of these traders are using interpretation or subjectiveness, then they would all be trading the same way??If you are familiar with this type of trading, you must be familiar with the inconveniences there were in the past. This is how people usually made a trade. They would make a call to their brokers, allow the brokers to make a pitch, and only then would they make a trade. Of course, these brokers have more clients aside from you. They have to attend to each and every need of their clients. This is why getting a hold of them can prove to be difficult at times. The result is a lost opportunity or missing the time to get out when you have made supposedly made a profit.

There is no easy money, this is a game for big boys and girls, who know success is not easy - but know that if they get a good forex education and have the right mindset, they can make a lot of money.You get a lot of hype and a back tested track record or sometimes some claims from the vendor (and the army of affiliates selling the system) that they have made real money but you never get independent verification or an audit.So forget Forex mechanical trading systems telling you that there is easy money to be made, there isn't but with the right education and mindset, you can make money in the world's most exciting and profitable business - global Forex trading.


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