There’s a new forex trading software that has been garnering quite good reviews. It’s a totally automated forex trading system, with the option for you to trade manually. The only question that needs to be answered is how good is this particular forex trading software, and can a newbie trader learn how to use it?
I’ll run through what the Forex Raptor Forex Trading Software is, before I share my thoughts and comments at the end of this post…
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Introducing the Forex Raptor Forex Trading Software
Forex Raptor is a Forex Trading Software released by Steven Lee Jones that totally automates your forex trading activities. There are a few forex trading software programs in the market, but most of the time they leave you wondering if you’re actually using the program correctly. But with the Forex Raptor…
- Automated software that can be followed and successfully implemented by complete newbies and professional traders…
- Potentially make over 200-300 pips per week, that’s a healthy second income of $2000 to $3000 a week…
- Forex Raptor will show you exactly how to trade and automate the whole process for you, a child could follow this software and profit…
- No more losing months… Forex Raptor has NEVER had a single losing month so far…
One of the biggest issues that traders have with Forex Trading is that it’s a 24 hour market. Trying to trade every move is simply impossible because you have to rest. And even then, people make errors of judgment when money is involved, especially in trading.
To succeed in forex trading, you need consistency and the discipline to follow a trading system that has a good chance of making you money.
So how do you remove the human error factor…?
Automated Forex Trading with the Forex Raptor Software
Forex Raptor allows you to totally automate your trades by using it on the MetaTrader (MT4) platform. It can continue to run while you’re sleeping, watching the TV, or even if you’re away from your trading desk!
While I’m all for automated Forex Trading systems because they reduce the tedious workload of trading, you do still need to at least test out the Forex Raptor system on a demo account for you to get comfortable with what it can do.
However, no matter how good a forex trading system is, always use proper risk management. For example, if you have $10,000 to start out with, allocate perhaps 5% - 10% to the Forex Raptor. If it should blow up in your face, you’d still have 90% - 95% of your trading capital to come back and make money with. And if you only have a $1,000 to start with, use a mini-account and risk $100 on the system.
With a fully automated trading system, it makes it much easier to run multiple trading systems that have different drawdown characteristics, and thus reduce the volatility of your overall portfolio.
But it’s likely that once you’ve tested it out, you’ll be raring to let the Forex Raptor loose on your trading account and start raking in profits!
Here are some examples of the Forex Raptor at work…
USD/CHF - $20,000 Profit in One Day
USDJPY - $12,500 Profit in ONE Day
There are many more examples of Forex Raptor at work, but there’s only one way to truly find out… and that’s to test it for yourself. Forex Raptor automates your trading and gives you the best chance of of securing the maximum profit from each trade…
Does The Forex Raptor Software Really Work?
If by “work” you mean shooting lesser traders out of the market every single day, and watching them crash and burn while we sit back counting our winnings… then I’d say, yeah it works.
You will be using a revolutionary, accurate, proven wealth creating software used by professional forex traders and built on time-honored principles kept solely in the realm of the pro-traders, never released to the public, until now.
There is NO confusion over entry and exit rules, you will be left in no doubt from the criterion over exactly when the software enters and exits a trade. Forex Raptor will spot the entry signal, open the trade, see the exit signal and close the trade for an easy profit. Its as an automated and mechanical a process as that.
You will quickly learn to see if the price is going to trend, stall or reverse and enter markets just before the next big rise for extra trading profits. The forex market is incredibly volatile and produces massive price swings regularly, and the software will automatically ride these trades for superb profit.
Everything has been packaged into the Forex Raptor Trading System to make it as SIMPLE, EASY and NO-BRAINER as possible so that anyone from a newbie to trading veteran can start trading after ONE Day…
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My Comments on the Forex Raptor Trading System
These are my personal comments on the Forex Raptor Trading System, and there may have been improvements since I last wrote this.
So what are my thoughts? I was initially quite enthusiastic about the Forex Raptor Trading software, but after purchasing it, I realized that there are quite a few bugs that have yet to be worked out. There isn’t a proper trading manual to educate you on the use of it, problems with installation, and generally this product wasn’t well thought out before it was released into the market place.
While the concept is great, the execution isn’t so fantastic. I do hope they improve on their product because with quite a few other things to do in my life, I don’t really have the time or energy to sort things through and figure out what the product is all about and how to use it to any good effect.
If you’re looking for other Automated Forex Trading Systems that have potential to pull cash into your trading accounts, you can check out:
- The Forex Auto-Pilot Trading System
- The Forex Killer Mathematical Trading Software
- Automated Forex Cash Trading System
Until there are further improvements on the Forex Raptor trading system, I suggest you look at other automated trading systems instead.