General Weblog

In truth, the "LMT" in the title of Dean Saunders' latest forex software program stands for "Low Maintenance Trading." But the way you hear him tell it, it might stand for "lazy market trader." After two years of "endless hours at the computer... crunching numbers... researching currency... trying to follow confusing fundamentals," Dean finally discovered a way to work as little as possible and profit as much as possible. He demanded to be able to trade the forex without spending all day doing it. Furthermore, he wanted to make his forex trades in simply fifteen minutes a day!

What was his dark secret? Well, to be absolutely honest...automation. And with full human control. But automation and human control with a forex trading system? Is that really possible? Yes, it is. Well then, how do you achieve that, you ask? Let me explain. Dean thinks that automated trading robots can be a detriment for your profitability. "Trading on their own, robots leave you with little or no control and no idea how it even works." That can be a prescription for disaster when you're trading in a fast moving arena like the forex.

What if you could obtain the best of both worlds: automation and human control? What if you could design a software application to do all the labor intensive, time eating chart analysis for you? Things like: checking current long term trends, determining an accurate buying point, calculating the exact stop and take profit levels, keeping you in the trend as long as possible, and allowing you to trade with less than fifteen minutes a day at your charts. Now, having software like that would really be worth it, don't you think?

Dean's LMT Forex Formula is predicated on automated trading indicators and complete trader control. He spent countless hours testing his method again and again before he even opened a live trade utilizing it. He wanted to make certain that it performed the way he had envisioned it performing. And when he finally began opening live trades, it "made me more money than I had ever seen! It was now finally a bone fide 'system' you could work for less than 15 minutes a day and catch unheard of winning trades of up to hundreds of pips."

With Dean's forex strategy and using conservative investing stratagems, you could almost affirm a profit on every trade if you wanted to. How a person chooses to trade is totally up to them. The system even has an intelligent alert system which signals you which trading positions are more advisable than others. The true benefit is that all of the analysis is accomplished for you, which not only saves a lot of time evaluating market conditions, but also makes simple the knowledge base you need to have in order to employ the program successfully. It cuts your learning curve, in other words.

If there can be said to be a downside to the LMT Forex Formula it is the fact that all the trades must be initiated manually. You can opt to either view that as a negative; or you can see it as an advantage which allows you more direct management over the trading positions you choose to take. If you follow Dean's advice and do a period of paper trading before taking your trading live, you will develop confidence in the system enough to be able to better prognosticate when a profitable trade is being recommended.