FAQ's

• What do we trade?
• How do we communicate our trade signals?
• How often do we trade?
• How long do you need to spend at your trading desk?
• What amount of money do I need in my trading account?
• How much money should I expect to make?;
• What brokers data are we using?
• If we have such a good system why do we share it? We could make millions for ourselves.
• Why do we not sell our system like some other systems?
• What is different about our service and system?
  

What do we trade?

We trade 6 major currency pairs  EUR/USD, USD/JPY, USD/CHF, GBP/USD, AUD/USD, USD/CAD. Occasionally, we trade crosses of these currencies like EUR/CHF, AUD/JPY, EUR/GBP ……
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How do we communicate our trade signals?

We issue our daily master trade plan between 6am – 11am GMT (1am – 6am EST) daily. This master plan includes trade entry trigger, initial stoploss and target levels.

It is then updated where necessary during the day. In a very specific market condition we will give orders to be implemented immediately but this is a rare occasion. In most cases we issue our signals well in advance and update you when we enter and exit them.

Our trades are distributed to subscribers through email, Yahoo Messenger and SMS.
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How often do we trade?

It depends on the market but we issue our entry levels nearly every morning and in average, we get in to 10 trades a week. It would not be unusual to be trading in 3-4 currencies at the same time.
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How long do you need to spend at your trading desk?

Average 20mins a day. We spend the whole day monitoring so that you don’t have to. We inform you of any strategy, stop/target level changes immediately through SMS, Messenger and email.
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What amount of money do I need in my trading account?

This is a very important reading for any trader regardless of you deciding to go with our service or not. Please read this carefully. It took us years to perfect the risk management and this is one of the backbones of our system that many signal providers don’t go into in detail so as not to frighten potential customers.

Leveraged forex is a highly rewarding method of trading at a cost of high risk. You can lose a lot of money and should never trade with money that you can not afford to lose.

Rule of thumb in the market is do not risk more than 5% of your money in any one trade, we reduced this limit further to 3%. The reason is you will get in to 4-5 trades at the same time and most of them will be linked to USD, therefore you can not treat them as totally separate trades.

A sample calculation;

An average stoploss in a volatile market would be 72pips ; 72/(3%)= 2400pips.

You need to have minimum of 2400pips in your account.

ie. Mini account; 2400 $ (1:100 leverage)

     Full account ; 24,000$ (1:100 leverage)

This will give you enough money in your account to get into 10 more positions after 20 consecutive losses. This is an extreme case but it can happen and when it happens you don’t want to waste years of cumulative earnings.

If you open a mini account with $500, after 6 consecutive losses of 70 pips, you will be bust.  How likely is that to happen? VERY likely, there is no system that can guarantee that it will not happen, in fact nearly all good systems in the market goes through consequent losses of 10-15 times at least once a year. This is not extreme, just not advertised, no one wants to frighten a potential customer.

Of course you can start with a 500$ account and be lucky to grow it quickly to a substantial amount of money but be aware that until you build up an acceptable amount in your account, you are taking a very high risk of going bust.
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How much money should I expect to make?;

Some statistics first;

- Our performance for the last 3 years is 440 pips/month.

- We closed total of 13 months out of 40 months in loss, 27 of them in profit.

- Our max drawdown in the last year was 820pips (frightened? This is way less than our competitors, just no one wants to advertise it).

That would make 4400$/month for a full account and 440$/month for a mini account. However do not leave your day job depending on this income until you build enough cash to cover months in loss. Remember though your growth will be logarithmic if we keep winning, please check the sample account on the "performance" page.
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What brokers data are we using?

We use GFT as our brokers and get in/out of the market based on GFT prices which might be slightly different than other brokers but this should be insignificant as long as you don’t miss a trade or get in to a trade that we did not  by a pip or two. This happened on few rare occasions in the past.
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If we have such a good system why do we share it? We could make millions for ourselves.

Banks form funds, sell bonds, why do they not keep it to themselves if they know that it will make money? More importantly why do people buy these?

Because;

• People who have money to invest won't necessarily have the knowledge and time to do it as successfully as banks and they are willing to pay a small fee to invest their money in the best way.
• If their investment with the bank loses money, the investment they would make on their own would most likely lose even more.
• Banks let people share their investment ideas for a small fee that will cover their research & investment overheads and mitigates their risk partially.

In our case, we believe we can lead most of the forex traders in a profitable way than they could achieve themselves and by subscribing customers, we cover our overheads and mitigate some of our risk. We do heavily invest in forex market exactly as indicated in our signals and believe this is the best way of investment for our money.
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Why do we not sell our system like some other systems?

Firstly, we do not want to share the knowledge, as the logic we are using is not thought by others yet (as far as we know). Secondly, our system is quite complicated, labour intensive, and it is not easy to operate. Also hardware and peripheral software requirements are very demanding.

Finally a good system is only a part of  achieving good results, it is equally important (if not more) to apply strict risk management and discipline that we enforce as a part of our service.
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What is different about our service and system?

• Our system is developed by professionals, fully optimized and tested (thanks to Wealth-Lab) not only for profit but various other factors right down to the ulcer factor.
• Our system is based on a neural network with extensive coverage of market conditions rather than a simple indicator or sets of indicators.
• We give clear entry, stoploss and target levels, we do not leave anything to your discretion.
• We target to trend the mid section of the moves and avoid extremes to increase winning trades, we do our best not to put your money at risk.
• If a stoploss or the target hits, we strictly follow it, and do not make last second changes that would not work for you. We always give enough notice.
• We do not cheat when reporting trade results, we believe honesty is the best policy.
• We post actual trade results on the master trade plan daily.
• We do not have long gaps without the trade as we cover most of the market conditions.
• We believe risk management and trading dicipline are very important and force it to the limits.
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