The big question, however is, how many trading software actually deliver on
these critical objectives? My answer therefore is that, not many of these
automated products fulfill these objectives. This is not saying that with scam
forex products flying round the websphere, there are no good ones out there. I
assure you there are, but very few of them are as profitable as claimed.
However, out of the many automated forex software that I have used, the most
profitable to date is PipMax! Expert Advisor developed by one PipYard inc. This
software to say the least, has made money for me. Apart from its manual which in
my opinion was not well put together, once I was able to set it up has given me
the most consistent results so far. I heard this software was developed by one
veteran and self taught forex Trader, Michael Miller , whose trading experience
strongly reflect in the performance of PipMax! Expert Advisor.
One area where I found this software particularly invaluable is its risk
management profile. Be informed that any software that has a risk/reward ratio
of less than 1:1(e.g. 2:1 or 4:1) is not worth the keyboard on which it was
written. By this I mean for every pip you gain, you risk 4 pips, this apparently
is a potentially dangerous trade practices, it is a trade setup indicating a
cataclysmic disaster waiting to happen.
PipMax! However differs from these other products by giving you at worst, a
risk of 1 pip for every 2 pips you pocket. This clearly, is a professional money
management practice, which protects your account as you watch your balance
grow.
Please note that this article is not recommending purchase of any of the
products mentioned in this write-up. The intention of the author of this article
is highlight his experience using this products in order to guide the readers in
making informed decisions in the purchase of profitable automated forex trading
products.
For more in-depth and thorough review of automated trading systems that I
have had different experience using, Please visit my blog at:
http://www.rubysol.blogspot.com
No comments:
Post a Comment