ForexMegaTrading.com
Professional Forex Trading System
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Earn 100% Per Year(we aim for 100% annually).
Easy To Follow Trend Following System
Emotionless Trading
Professional Expertise
Exceptional Customer Support
No Software Necessary
December Performancs - [Click Here](performance/2010December.html)
Mid December Portfolio Snapshot - [Click Here](performance/2010MidDecember.html)
November Performance - [Click Here](performance/2010November.html)
Hello, and welcome to ForexMegaTrading.com. We are trend traders and use a specific mechanical / algorithmic system that is based upon classic trend following methodology. Basically, that means we have a set of rules which we use to determine our trades. This is not discretionary trading, it is a rule based system.
When our system dictates, we enter our trades manually (We do not use any software to execute our market entries). We maintain offices in New York City and trade during the east coast waking day. This method is one that aims for an absolute return. That means that while our trend following system has generated returns of +100% per year, it also experiences drawdown periods of -30% at times. It is not a trading method that should be used by the faint of heart, nor is it one that you should dedicate 100% of your capital to. Past performance is not a guarantee of future performance.
The number of losing trades we take is high, the number of winning trades we take is low. Our winning trades are huge winners, our losing trades are small losers. We buy high looking to sell higher, we sell low looking to cover our short positions lower. Both our winning and losing trades close out with stop orders, we don't set a limit to how much profit we anticipate on a position. THE TREND IS YOUR FRIEND UNTIL THE END WHEN IT BENDS.
We alert our clients as to the exact trades as we take them. That means we will be posting the currency pair, lot size, and stop loss point. We never enter take profit / limit orders or close our orders at market. Our trades always close out at the stop loss point. Again, this is a trend following system, it aims to enter when a trend is starting, it does not predict how far the hopeful trend will eventually go. The losses are predefined while the gains have no limit.
This is a robust trend trading system and has a number of moving parts which all work together in a dynamic manner.
To make sure everything is straight, we make a lot of money trading the Forex. We are a rabid capitalists and are looking to add a hedge fund element to our business. Before we have enough client monies committed to our planned hedge fund we will be running an advisory service that charges $100 per month. At the point that we open the doors to our hedge fund, we will no longer be accepting members into our $100 / month advisory service. All current members at that point will be grandfathered in and will continue to recieve our exact trades with no change in pricing. These customers will be receiving hedge fund trades for a minimal price. This is our incentive for creating a membership based trend following client service.
Like any good business, we will gladly take client or potential client, affiliate, broker, and fund manager telephone calls, e-mails, and visits to our offices (located in New York City).
Earn Returns Of 100% Per Year With A Total Return Strategy
Trading the Forex using a trend following method is a total return strategy. That means that the aim of the strategy is to achieve the highest total return possible (we aim for 100% annually). That also means that a trend following portfolio will experience high amounts of volitility. To put that into context, a standad issue mutual fund attempts to avoid periods which the fund value decreases more than a given percentage. A total return strategy does undergo periods of equity drops that will be higher than many traditional investors are used to. Unfortunately a high return type of strategy can't be implemented properly without having higher than average drawdown periods.
Simply put, higher risk earns a higher return. It would be impossible to attain a 100% annual return with a maximum drawdown of 5%. If you're new to this type of trading or investing, the best thing for you to do is to read as much as you can to become familiar with the Forex and trend following methods. Newer trend traders may even want to implement the strategy in a demo account before committing real money to the strategy.
Ready To Earn Outsized Forex Returns?
$100 / Month
60 Day Money Back Guarantee
Cancel Within The First 60 Days Of Joining And We Will Refund Your $100 Monthly Membership Charge. No Questions Asked.
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This Is Not A Forex Robot
This is not a Forex robot or a software program that does your trading automatically. Neither is it a system that is likely to produce returns of 1000% per week like many Forex pitchmen promise. Simply stated, Forex robots do not work, if computer software which could produce returns that reached 5000% per year, there would be many more billionaires in the world and none of them would ever have to work.
This is a set of rules, a.k.a. a trading system, that when strictly adhered to, will produce substantial and consistent returns year after year. We have been trading this specific trend following Forex system for over 5 years and produce returns of over 100% per year. Many commodity and Forex traders use trend following systems producing similar type profits.
As a trader you can do one of two things: make money slowly or lose money fast. What we're basically saying is that it's much easier to lose money trading the financial markets then to make money. The best and most profitable traders in the business have a system to their trading, they do not trade in a completely discretionary manner. There is a reason for this: once you've found a trading system or methodology that works, keep doing it. There is no reason to constantly reinvent the wheel. This type of trading is not intended to be exciting, it is intended to make money year after year. There are old traders and there are bold traders, it is a rare case that you will find old bold traders.
Now, we certainly do not want to give the impression that we invented this type of trading. We have merely studied, combined, and modified a number of currency and commodity trend trading systems used by some of the best traders of this century. Anyone interested in trend trading should become acclimated with a few of the best trend traders on the financial markets
Richard Dennis, "The Prince of the Pit"
Richard Dennis, one of the best trend traders of our time, turned $1600 into $200 million in approximately 10 years. How did Mr. Dennis do it? He used a strict trend trading system and let his returns compound year after year. Mr. Dennis began trading in the 1970's and by the age of 26 was a millionaire (pretty impressive accomplishment in the 1970's, and not too bad of an accomplishment in today's terms either!). Mr. Dennis' trading style was not one of a day trader, getting in and out, taking large risks in the hope of accumulating many small profits. Mr. Dennis sought to get in to a market at the beginning stage of a trend and hang on for a longer term large trend, until the market trend was showing signs of exhausting itself and thus reversing.
Richard Dennis has appeared in and published articles for a number of industry specific publications as well as mainstream publications including the Wall Street Journal, The Chicago Tribune and the New York Times. Mr. Dennis is a perfect example of a trend trader who stuck to his system and ammassed a fortune of $200,000,000 over about 10 years. The moral of the story: longer term trend following works!
Richard Donchian, "The Father of Trend Trading"
Richard Donchian was one of the great pioneers of trend trading. He traded primarily in commodity futures (this was in the 1960's, before the days that currencies were traded in a free market). Mr. Donchian was turned on to studying the financial markets and the trend following method of trading after reading Jesse Livermore's biography, "Remeniscence of a Stock Operator".
Richard Donchian was the first trader to create a specific rule based system which today, has become known as trend following. He based his trading theory that commodity prices move in long, extended moves. He had specific rules which he stuck to that dictated when to enter and exit a market, position sizing, and how much risk one should be exposed to given the correlation of certain markets. He strived for, and successfully created and traded an emotionless trend following system. He let the rules of his trading system tell him what to do rather than relying on his own discretionary decisions which could oftentimes be driven by emotions like GREED AND FEAR.
Jesse Livermore, "Remeniscense of a Stock Operator"
Say the the name "Jesse Livermore" and any successful trend trader who might be listening will certainly be at attention. Mr. Livermore didn't have as specific of a set of rules that he stuck to as any good modern day trend trader does, but he traded the markets in many ways according to the trend following methodogy. Jesse would buy stocks when they were "breaking out" of a a range. He would sell stocks when they were "breaking" lower". For those of you unfamiliar with Jesse Livermore, the book can be found at any major bookstore or on Amazon.com. Jesse Livermore was a trader during the 1920's who became a multimillionaire by using a trend trading type of style. Mr. Livermore is someone every trader or aspiring trader should get to know.
Jesse Livermore was one of the first traders to realize that markets oftentimes tended to trade within a range, but when they broke out of the range, it would be as if the flood gates were opened and a huge move would follow. Trend trading is like betting on a loaded coin and knowing it! You are waiting until the odds are in your favor until until initiating a position. It is akin to being a casino operator (instead of the always-in-the-red gambling patron). Casino operators know that some of their customers will walk away winners and they will have to make payouts from time to time, but over all the casino owners are the ones with the odds on their side and thus hugely profitable. Trend traders make their money by using a PROVEN STATISTICAL ADVANTAGE (the trend!).
Emotionless Trading
One of the biggest problems traders, both newbies and veterans, have is caving in to their own emotions. The old adage of fear and greed runs rampant through every market. People trading according to their own emotional whims, do not have long or profitable trading careers. Sure, it's possible to trade profitably by trading on your gut instinct, but the probability of remaining profitable over the long term is slim at best.
Trend trading is a set of rules used to dicate when you should enter and exit the market. The trading rules make your decision for you when there is a statistical advantage on your side. You will know exactly what to do and when to do it. You do not have to worry about trading poorly if your have other matters weighing on your mind, were out all night the evening prior (living large on your trend trading profits), or just don't have the attention span to be trading that day. All you have to do is follow the simple trend trading system. In a sense, trend trading is very boring, you won't be executing dozens of trades every day trying to scalp lots of tiny profits. You will enter markets that are likely to be in the beginning of huge trends, and hang on for GRAND SLAM PROFITS. The point of trend trading is to make money, it is not for thrills and entertainment. You will have plenty of opportunity for exitement when you spend your profits earned by using one of the easiest Forex Trend Following System's available.
Although not a trend trader, the great Jim Rogers (wildly profitable commodity and currency trader), once said, "I just wait until there is a pile of money sitting in the corner and I go over and pick it up". Trend traders wait until there is a likely market trend beginning, enter a position, and then hang on until the trend reverses itself.
The Forex Market: The Most Accessible Market In The World
Why do we choose to apply our trend trading system trade the Forex market? Simply put, it is the best trending market in the world.
That has to do with a number of factors:
1) The Forex market is the most liquid market available. The lastest estimate is that close to $4 Trillion trades every day of the week.
2) The Forex market is the most accessible market available. There is no barrier to entry: a trader can start with as little as $1000 with the ability to size positions correctly. A person with a multi million dollar account would also be able to successfully trade without inadvertantly affecting market prices.
3) The major currency pairs have low speads. Unlike commodity contracts, the Forex spreads (transaction costs) are very low.
4) The Forex is also open 24 hours per day / 5 days per week, so no matter what time zone you live in you can execute live trades.
Currencies Tend to Have Powerful Trends
While trend traders use price to indicate when to get into and out of a position, the price merely acts as a summation of fundamental factors. Trend traders use price to indicate when there is likely trend beginning.
For example, when a country's central bank is in an interest rate tightening mode (causing it's currency to rise), this tends to be a longer term phenomenon.
Another common influence on currency price is a countries' economy. When economies are growing, their currency is appreciating. This is also a long term phenomenon as well.
These are just two examples of a currency trend, an economy or interest rate bias does not change overnight. Thus the price trend of each countries' currency tends tends to be directionally strong when they do occur.
Ready To Earn 100% Per Year With A Simple Trend Trading Forex System?
$100 / Month
60 Day Money Back Guarantee
Cancel Within The First 60 Days Of Joining And We Will Refund Your $100 Monthly Membership Charge.
No Questions Asked.
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Only Trade The Major Currency Pairs
The major currencies and the various pairs that they form are the most liquid, have the lowest spreads / transaction costs, and are accessable to everyone via online Forex brokers. We consider the Forex majors any currency pair consisting of two of any of the following: EUR, GBP, JPY, AUD, CAD, XAU (gold), XAG (silver), CHF.
While we do add or remove currency pairs that we're currently trading or monitoring, it is a rare case. We recently discontinued trading the USDJPY because of the Bank of Japan's ongoing FX intervention efforts. We strive to participate in only freely traded currency markets. If it is known that governments or central banks are intervening in certain currency pairs, disrupting the natural direction of the market, we discontninue trading in the pair. The removal of the USDJPY is the only change we're made to the traded pairs in the last 2 years. While we do not maintain positions in all pairs at any one time, the following is the group of 20 pairs, including gold and silver, that we currently monitor and trade:
EUR/USD GBP/USD AUD/USD USD/CAD XAU/USD EUR/GBP XAG/USD EUR/AUD AUD/CAD CAD/CHF EUR/CAD GBP/CHF USD/CHF GBP/AUD
Recommended Starting Dollar Amount
One of the best things about the Forex market is the degree of flexibility you have. You can typically open a Forex account with as little as $1000. That doesn't mean that this trading strategy will work effectively dollar amount. We recommend starting with at least a $5000 trading account and using a broker that will let you trade partial lots. Because position sizing is an integral part of our trading strategy you must be able to buy and sell as close to our recommended notional amounts as possible.
Some brokers will only let you trade round lots (1000, 10000, 100000, etc). You must be able to size your positions correctly and be able to trade odd lot positions in order for this system to work. Most brokers will let you trade odd lots, but there are some that don't have that ability. Just be sure of your broker's capabilities before starting a trend following portfolio.
Commodity Currencies & Equity Market Correlations
Although a trend following portfolio consists only of currencies, the Forex market allows for great diversity. Many of the currency pairs have significant correlations with certain commodities and markets. For example, the Aussie has a very tight correlation with the price of gold (Australia is a big exporter of gold). The Canadian dollar is correlated with oil (Canada is a large exporter of oil), and the Japanese Yen is correlated with the U.S. 10 year bond. There are also certain pairs that are correlated with the equity markets. For examples the EURCAD pair has a .87 correlation with the S & P 500 and a .92 correlation with the Dow Jones.
These correlations do shift over time with some pairs correlating better than others, but these are slow changes. All things considered, a Forex centric trend following portfolio has the aspect of offering substantial diversity.
This Is Not Day Trading
This system is not a day trading or scalping system. It is a system that earns it's big returns by getting into the market at the beginning of the trend and holding the position until it becomes massivley profitable. If you're looking to make lots of small trades, this is not the style of trading for you. You will be bored with it and won't implement it properly. If you are, however, looking to earn large and consistent returns year after year, you have found what you're looking for.
Let's face it, the era of the day trader is gone, you simply can not trade for tiny profits amidst all of the market "noise" that constantly exists. Day trader's positions will get stopped out every time the market hiccups, a political official makes a statemt, or analyst puts out a report.
Trend trading works because, although it is a technical trading style, the big market trends occur for fundamental reasons which take a long time to materialize and a long time to change once they have materialized. Currencies go up or down based on the stregnth of the underlying countries economy and whether it's central bank is in a tightening or easing mode. When an economy is in an upturn or downturn, it is a solid trend and doesn't turn around on a whim. When a central bank is in an interest rate easing or tightening mode, it is never a one time event, it is a series of interest rate moves. Price is used as an indicator that a fundamental trend is in it's beginning stages.
Ordinary People (non-millionaires) Can Become Millionaires Trend Trading
Yes, trading in Forex, commodities, and equites has produced many millionaires. It does, however, take time. Obviouslly it has to do with how much starting capital you can prudently dedicate to your trading efforts. But, if you stick to the trend following strategy, allow your returns to compound, it is possible to become rich trading the Forex. Being that it is one of the most accessable markets in the world, the Forex is the best and easiest market to implement a trend following methodology.
Some of the greatest trend following traders and their path to millionaire-dom are well chronicled in a number of books. If you'd like to read the real life stories of ordinary people that become extremely successful trend traders (and rich beyond belief in the process) you should certainly read Trend Following by Michael Covel and Market Wizards by Jack Schwager. These two books about trend following traders and their personal stories can be found in the business section of any bookstore or Amazon.com.
Trading The Forex Is A Business, Not A Hobby
Forex trading is a business, not an overnight get-rich-quick scheme. It requires time, patience, and trading capital. Trading a trend following system requires an extra level of dedication. Your success should be measured in your diligent ability to follow the system, not by the profitability of each individual trade. Not every trade will make money. We look at the losing trades this as the cost of doing business which must be incurred in order to successfully find the profitable trends. Trend trading requires taking a high number of small losses when entering trades in anticipation of a large trend.
Most traditional businesses require that you have a professional office or store front. They also may require that you have a large inventory or staffing cost. One of the best advantages of a Forex business is that you do not have high overhead fixed costs. Your costs are your losing trades, your computer, and your internet connection. You will, similiar, to any other business, need starting capital to fund your account.
This Is Not A Get Rich Scheme
Our trend followig trading method is not a get rich quick type of scheme. It requires that you commit your own capital to your trading account, and dedicate yourself to following the trading system on a long term basis. You will not wake up three weeks after starting to trend trade having tripled your account. Our trading system has produced substantial returns in the past years, the greatest way to earn supersized returns is to let your capital compound. So, even if your account is up very nicely right out of the gate, it is to your advantage to leave your profits in your account and use it to increase your trading size. Do not go and blow your profits on vacations, electronics, cars, and whatever else you might want. There will be plenty of time for that later!
Earn 100% Per Year
Easy To Follow Trend Following System
Emotionless Trading
Professional Expertise
Exceptional Customer Support
No Software Necessary
Ready To Earn Outsized Forex Returns?
$100 / Month
60 Day Money Back Guarantee
Cancel Within The First 60 Days Of Joining And We Will Refund Your $100 Monthly Membership Charge.
No Questions Asked.
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