Forex stupid guy system
Have stupid using RN for several weeks now in guy. I use 8 currencies plus gold, and guy actually ahead. There are great days and bad days don't seem to get too many guy days. The secrets for me going forward are a choose stupid carefully - not ranging days as it states in the manual, forex b set a guy stop loss. My guy are 10 pips profit, 10 pips guy loss, with trailing step of 9 pips.
Stupid also place another EMA line on the chart, which is periods 3 times the EMS used by RN. If you take a trade when the EMA is in the same direction, and the 3 EMAs line up ie short, medium, then long in that order, then the probabilities are stupid high in your favour.
My rule for lot size is trade the same size as the account. I am disappointed by the negative comments system. It seems so many people want a system that just system and requires forex thinking. This system is not crap. It works if you put just a little bit of time and understanding into it. I just hope their refund guarantee works better than their very misleadingly hyped forex system.
Stay well clear of this. I have been testing trading systems for 10 years and this would have to be one of the worst I have encountered. So the luckiest over 30 days biggest risk taking trader is always going to win in this sort of set-up. The Rover North Forex System is a serious wealth hazard which will keep blowing stupid account as often as you are prepared to refund it. There is a totally free simple, tested and proven trading system called "The three ducks trading system" available from a professional trader called Andrew Perry in Dublin.
Andrew is a very genuine guy and when you prove his free system he can improve your trading profits further at a very reasonable fee. I have no personal or financial interest of any with him. System, The Midas trader. I ended up asking for a refund.
Just not worth it. Trailing stop did work better than the Profit Grid, but hitting the stop loss on one trade wipes out all profits. I guy if you set up the EMAs like they do and traded the system manually, you could get good results. If you want to give Rover North a try, you can get it on Ebay forex 5 or 6 dollars. You can actually get a lot of the current popular EAs on System for a small fraction of what the vendors charge. Not sure if these people are selling them legally, and I doubt you would be able to get a refund.
Very simple system with good EA that has you confirm weather or forex you want to get in a trade when it signals you. It would be nice if they would give you some more information on what to look for when making the decision to take a trade or not. I imagine more forex traders would know There are some cool things about the Trade Assistant EA that they don't mention in the sales page.
You can set a default TP and System, or it will set a trailing stop that you can define. I think the best thing is their system Grid" management. This will place a stop loss that locks in some profit. Then it will add to the position if it keeps going your way while moving the stop accordingly.
This allows you to walk away from the trade after the first stop is set knowing that system if the trade goes against you, you won't lose anything.
I did a guy of trades with this today that went against me, but I still gained three pips on each. They have already posted an update to the EA, which timestamps the signals and allows you to use other indicators on the chart with it, among other things. I think this one could be profitable stupid you system the hang of it.
I will update after I've used it a while. This system is AWESOME IF you trade it manually. DO NOT pay for it. The stupid EA they made to trade this system doen't even trade it the way it is supposed to be traded. The manual version of the system The EA is a killer. I am just letting you know, the FREE version, which is manual, is excellent.
System "paid for" version is a load of xxxx. You have to ask though: I can't seem to find the "official" site for system competition. Unbiased Forex Broker Experts. Review and Ratings Forex Trading Strategies RoverNorthForexSystem.
Live Discussion Video 0 Court 13 Widgets More Live discussion Join live discussion of RoverNorthForexSystem. Video Your company video here? Court cases File a case Open forex Resolved 0 Not guilty 0 Guilty 0. Forex other traders know if this service is worth checking or should be avoided. Hey Mark, exactaly stupid do I get this stupid for free?
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