How To Profit with Forex Auto-Executed Signals?

For those of you who have experience with auto-executed Forex trading into your accounts and for those just thinking about it, please read this.

Just because something looks good on the outside doesn't mean it's good on the inside. This applies to people, fruit, trading account statements etc. In fact, I'd really beware if it looks too good! The old adage, “If it looks too good to be true, it probably isn’t” has stood the test of time.

There are established services that will offer you a never ending line of trading systems with absolutely stellar returns. The systems quickly move up in their rankings while not even experiencing one loosing trade for the life of the account. Looks good, yep, looks just great!

Some systems may even do well for a time after you commit your cash, but eventually give back any profit plus a good chunk of your principal. But, there's really no sense discussing the finer points of what you're up against navigating in this market without first looking at fundamentally flawed systems.

There are many ways a trading system could be considered fundamentally flawed. Use of an overly excessive stop loss, as a rule in any trading system can be a time bomb waiting to go off and blow your account up. Did you ever wonder why you see systems being advertised that don't suffer even one loosing trade in 3 months or more? It's not only because it looks impressive. The fact is that even a small percentage of full stop outs would have dramatically altered the overall results for the worst, so it never lost on this demo account statement for that time period.

It wouldn't have been so bad if you at least were aware from the start that with this particular strategy, 3 or 4 full stop outs had the potential of costing you 25% - 35% of your account. That's not just bad money management, that's a fundamentally flawed system!

So, if you can see past the bottom line long enough to understand exactly how those totals were attained, you could steer clear of the obvious pitfalls or at least know they existed.

One of the major complaints we've heard with signal service providers is the seemingly total lack of vetting or verification of the trading systems they offer. For this reason, we decided to address this factor as first priority. Our “TVFX Trading Hub” offers a professional review of any system you're interested in as one of our many services. In fact, any system you find can be received at either no cost or at a significant discount when used in conjunction with our Hub.

The vetting process for signal providers appearing on our “Featured List” was designed to far exceed what has become the norm in the industry. Our “Featured List” of service providers will only include up to 5 systems at any one time. We require 6 months of live trading records to review the soundness of the trading strategy and all system providers must trade live into our demo account for a minimum of 30 days as verification of their trading style and results. All trading systems must adhere to and demonstrate sound trading methodology to be on our “Featured List” or to be traded in conjunction with our TVFX Hub.

The systems on our “Featured List” follow a Proprietary Money Management System that increases and decreases leverage according to relative profit margin of the account. Our “Max Loss Cycle Safeguard” controls downside by systematically detecting points where any given system is likely to have run its cycle in relation to the market.

Unlike most similar services, you have the ability to trade using the popular Meta trader 4 platform simultaneously from your desktop. Your MT4 platform is housed on our dedicated network trading server at no cost. This alone will save you $30 - $50 per month and ensure you receive all your various trading signals. Axis Financial Source, Ltd performs routine server maintenance so all you need to be concerned about is your trading.

Another complaint we've heard from traders using these types of services has been their belief that their trades were being manipulated by the broker. One of the most unique features on our “TVFX Trading Hub” is that trades are processed using the popular Currenex MT4 Bridge with Straight Through Processing/Multi-Bank Hub Execution. This means great execution and no dealing desk.

Our TVFX Hub gives you all the tools, benefits and support to help you profit through a difficult and ever changing market. Our TVFX Trading Hub will be launching this January.

Happy New Year to all!




Jim Gilberti - Dir. Client Relations, Axis Financial Source, Ltd.
TradersVoiceFX.com is powered by Axis Financial Source, Ltd.