Traders Money

I’ve just heard of a new system:

Forex Mercenary is a stand-alone foreign exchange signals software developed with its own AI and based on statistical models for each currency pair. The stand alone software doesn’t need any extra platform (such as Meta Trader) and it generates signals for short-term positions. As such it should generate several signals a day.

While there aren’t many numbers for me to crunch on (at least yet), I do have one statement that shows a 96.62% winning rate. It also shows an average profit trade of $50, and an average loss of $50 as well. I don’t have the exact information about the stop loss and take profit of Forex Mercenary but these two numbers give a good hint of a risk/award ratio of 1…

You may at least take a peek, I think.

Here is something fresh. I’m not sure if it is good, but may be worth a look.

sRs Trend Rider is a unique foreign exchange trading system. It’s a hybrid system, which means there are both, manual and automated components. The description of sRs Trend Rider says it’s 95% automated. We should understand that this system is based on a trading strategy that allows automation but also requires humanly touch…

You may at least take a peek, I think.

A new foreign exchange Forex robot:

Forex Income Engine 2.0 is a limited release of a foreign exchange home study course. The course caters to beginners as well as the advanced traders. In a nutshell, the whole course consists of:

Screen capture videos explaining foreign exchange in general and Forex Income Engine 2.0 system in depth.
Manuals for each video…

I advise you to have a look.

There are thousands of different Forex systems and to reviews them requires a clear methodology. While it’s nearly impossible to review every single system, the method of reviews should cover all kinds of systems possible. These kinds are the following:

• Expert Advisors – auto trading software
• Manual trading strategies
• Forex signals
• Trading courses

By identifying the category of a system under review, we can specialize in our analysis and focus on the specifics of the respective category. The resulting Forex reviews are then complete and provide the required information to the readers.

Such specifics vary per category and they are:

• EA – winning rate and risk, is the system viable in the long run, is it user friendly, is it adjustable, the proof.
• Manual strategies – winning rate and risk, is it viable in the long run and the proof of it.
• Forex signals – same as EA
• Trading courses – the level of training material, who does it target, what systems it teaches (if any and how each perform by the above criteria)

This is just a brief look at the methodology of Forex review, it would take a whole book to write down all categories and criteria, but you can get an understanding of what’s involved.