October 27, 2011
- in Uncategorized by schooloftrade
Gold Automated Trading earns profit in both good & bad price action
Hi Guys,
We had another exciting day of live discretionary trading in our trade room this morning, and I wanted to keep you up-dated on our Automated Trading Strategies.
Yesterday we looked at the Euro currency futures automated strategy, which was very impressive.
Today I want to look at trading Gold futures with our fully-automated trading strategy, which comes with our advanced membership.
Lets first look at the performance report, which includes commissions to make sure you have an exact look at the REAL profit you will see.
90 days of trading earned us $10,385 per contract.
Deduct out commissions of $2,635 and you get a final net profit of $7,750 per contract.
Divide $7,750 by 3 months = $2,583 per month, per contract. My goal is an average of $1,500 per contract every month, so this makes us very happy.
As you can see from this performance report, this fully-automated trading system earned 2% per month, which is a dream come true for anyone looking to manage money over a long period of time.
Let’s take a look at the trades this system has taken recently, and remember, losses are going to happen, but they are VERY small stops and WIDE profit targets which makes this whole thing work wonderfully.
Remember…these are based on 1 contract, and this is scale-able to as many contacts (and different Markets) as you desire. The potential is limitless.
Also, there is a feature on our Automated strategies that allow me to MANAGE the trade MANUALLY, which means you can also use this Auto-Trader to get you INTO a trade, and then use our discretionary method to take profit where you see fit.
I am a very big believer that an auto-trader can take the PRESSURE off a new trader to learn and earn at the same time. Knowing that you have money being made while you sleep allows you to focus on trading correctly, rather than forcing trades to make money while you learn.
This is the FUTURE of automated trading right here, right now. I look forward to sharing this resource with all of our advanced members.
PS. My operations team is now offering a $200 discount for all Phone/Skype Orientations with new clients. If you want to get started using this, register over the phone or skype for a personal orientation and save $200 off your membership. This won’t be offered in November, so don’t delay.
