This meetup is about Trading currency by using Mechanical Trading System.
Most successful traders use a mechanical trading system. This is no coincidence.
"A good mechanical trading system automates the entire process of trading. The system provides answers for each of the decision a trader must make while trading. The system makes it easier for a trader to trade consistently because there is a set of rules which specifically define exactly what should be done. The mechanics of trading are not left up to the judgement of the trader. " Original Turtle"
"I have taught traders who have learned to trade for 10 pips of profit more than 90% of time. They have made a lot of money going for small gains. You’re not going to take 10 pips every time. This is not going to be your only trading strategy. This is one part of your trading toolbox. Remember that you are going to move your stop to break even sometimes and go for more than just 10 pips. " Rob Booker.
Is Mechanical Tradind System has an advantage over Fundamental and Technical Analysis approch in forex trading ? And if so, How?
Is ten pips per trade are enough to be a successful trader?
What is the difference between Money Management and Pip Management System ?
Then join this group to get the answers and to learn more about forex in our next meeting.
We will discuss:
1, What is Forex ?
2, Why Forex ?
3, Intro to Technical and Fundamental Analysis.
4, Why Mechanical Trading Syatem ?
5, Why 10 Pips ?
6, Intro to our exclusive Pips Management Syatems.
Bring your Lap top to the live meeting and we will provide you one of our complete mechanical trading systems for test run and back testing.
Sitting places are very limited and for serious traders only. Both beginners and advanced traders are welcomed.
All the systems are modified and adjusted by TenPipsClub. The content provided below is put forward in good faith and believed to be accurate; however there are no implicit guarantees of accuracy. All the historical data and the systems provided below are for information purposes only and must not be construed as an indication or guarantee of any kind what will be the future performance of the concerned markets or of the financial instruments described. Every one is required to do the back testing for all the systems and established own historical data. Actual trading results may vary. The reader accepts that by using this information, he or she will not hold its author responsible for decisions based on the information below. Currency trading is risky, involves substantial risks of capital loss, It is not appropriate for everyone, and therefore risk capital must be used for trading.(Risk Capital: Money that a person can afford to loose.) You may want to contact your Licenced Accountants, Lawyers, Tax advisers and Licenced Investment Adviser as I am not The Licenced Investement Adviser to you or any one else, before this agreements.