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. We follow the " Original Turtle" rules.
"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 tools. Remember that you are going to move your stop to break even sometimes and go for more than just 10 pips. " Rob Booker.
Does Mechanical Trading System have an advantage over Fundamental and Technical Analysis in forex trading ? And if so, How?
Is Ten Pips per trade enough to be a successful trader?
What is the difference between Money Management and Pip Management ?
Then join this group to get the answers and to learn more about forex .
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 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 welcome.
All the systems are modified and adjusted by TenPipsClub. All content is provided in good faith and believed to be accurate. There is no implicit accuracy guarantee . Historical data, Systems and Processes provided are for information purposes only and must not be construed as an indication or guarantee of any kind. Future performance of the referenced markets and financial instruments can not be predicted. Everyone is required to do back testing for all Systems and established their own historical data reference point. Actual trading results may vary. The reader accepts that by using this information, he or she will not hold the author responsible for decisions based on the information provided. Currency trading is risky; involves substantial risks of capital loss; and is not appropriate for everyone. Only risk capital must be used for trading.(Risk Capital: Money that a person can afford to lose!). I am not a Licensed Investement Advisor and do not offer services to you or anyone else. You may want to contact your Licensed Accountant, Lawyer, Tax adviser or Licenced Investment Adviser before putting money at risk.