Make Money inForexTtrading with Neural Networks

Contributing Authors:

Lin Johnson-Binney
Senior Neural Net Developer at Leo Trader Pro™

Marry Northwood
Currency Market Analyst at Leo Trader Pro™

Mark Guerra
Senior Neural Net Developer at Leo Trader Pro™

Jake Bloom
Currency Market Analyst at Leo Trader Pro™

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…Logged Into The Leo Trader Pro™ Real-Money,
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Using The Investor Password Yet?

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CLICK HERE TO DO SO NOW!


Don’t know what investor password access is? Don’t know why 97.2% of FX
vendors hide it from you? Don’t know why it is what “proving the proof” in
automated FX trading is all about?


If not, CLICK HERE for a 3 minute video tutorial!


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Note:

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account and verifying over 110% PER month net profit! We will
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_____________________________________________


Ok... so... let’s start!

Not long ago - maybe 12 years back, retail Forex trading was
practically non-existent.

It was around 1997 or 1998 that we started seeing Forex brokers
appearing online and targeting the small traders... the retail traders...
the guy wanting to open an account with $300, $200, $100 or less.

But today’s FX online trading reality is very different from what it was
back then.

Getting a spread of 2 pips for the EUR/USD or 3 pips for GBP/USD
was a dream!

Getting good fills on your orders without having to mortgage your
house for the slippage costs was almost non-existent...

Forget about 5 decimal points pricing, or ECN for MetaTrader...or
trading automatically (and those that did offer automatic trading
required VERY complex APIs).

Yes...

That is how different the industry was back then... and that is how
much it has developed in the past 12 years or so.


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But, no matter how developed the FX industry is, there is one thing
that will NEVER change...


...and that is:


Trading Is About Strategy Development… And Superior
Strategy Developments Are A By-Product Of
Technological Advances!


™
(IMPORTANT: You can log into the Leo Trader Pro MT4 account and VERIFY over 500% net
profit, trade by trade results, and the fact that it is a real-money, live account by clicking HERE)


You can trade with the best broker, the best market conditions, even
the best volatility... but... if you don't have a strategy that ADAPTS to
the market’s changing personality, you will not make money trading
FX.

This, by the way is the problem with Forex robots. It’s the reason why
most traders that DO make money in FX are manual traders. We will
get to Forex robots in a minute.

You see...

Trading is all about proper adaptation. That’s what it is. And that’s
what people refuse to understand.

Successful traders constantly adapt to changing market personality
all the time.

So...

What is market personality and how can we define it?


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Quite easily actually - here are just a FEW of the many elements that
go into the term “market personality”:

 How a market moves at a certain time of the day

 The amount of volatility

 The relation between the size of price movement and the time it
takes for the move to occur (i.e. 10 pips in 5 seconds –vs- 10
pips in 14 seconds)

 How the market behaves when one session (e.g. EU session)
closes and the next one opens (e.g. US session)

 How long a market trends per timeframe (e.g. a market trends
often for not more than X minutes on a 5 minute timeframe)

 How much liquidity there is at certain times of the trading
session for any given currency pair (key for scalping)

 Length of trends (again, per timeframe)

 Speed of reversals (again, per timeframe)

 Characteristics of fake breakouts

...and that’s just the tip of the iceberg!

We can go into MUCH more technical elements corresponding to
market personality but we don't want to bore you... we think you’ll
have got the point by now!

Markets change ladies and gentlemen...they change often, they
change dramatically, they do not give any notice beforehand...and
most importantly:

They Catch MOST Of The People Trading Them Off-Guard!

™
(IMPORTANT: You can log into the Leo Trader Pro MT4 account and VERIFY over 500% net
profit, trade by trade results, and the fact that it is a real-money, live account by clicking HERE)

Copyright © 2010, Leo Trader Pro™ - All Rights Reserved

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This is one of the main reasons why most traders lose when trading
Forex...

They have absolutely no idea how to deal with FAST market
personality changes and they get butchered because of it!

And that brings us to what most of you reading this report should
really be concerned with...

...automated FX robots!

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Why Standard Robots, Coded With A
Back-Tested Set Of Rules
DO NOT WORK!

Ok...

Anyone who knows a bit about Expert Advisers (EAs – which are also
referred to as robots) knows that 100% of them (yes, ALL OF THEM)
being sold in today’s marketplace are a coded set of rules that back-
tested well in the past.

Remember this point because it is VERY important:

A coded set of rules that back-tested well in the past.


Let’s expand on this a bit for those who are new to the industry and
don’t understand this concept.



We talked about market personality earlier and how each currency
pair has its own market personality... and how it changes (sometimes
A LOT).
Copyright © 2010, Leo Trader Pro™ - All Rights Reserved

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It’s the same thing with human beings…

We all have our own personalities. Some things about our
personalities change over time, other things don’t.

Again... it’s just like the FX market.

So...

We now know two VERY important things:

1. The Forex market’s personality changes very often
(please make sure you understand what we mean
by “market personality” – it was explained earlier)
and,

2. ALL robots on the market today are built with a
set of back-tested rules derived from a specific
historical period in time.


Please ensure you reread #2 above:

“ALL robots on the market today are built with a set of back-tested
rules derived from a specific historical period in time”


Sorry that we keep repeating this but it is KEY for your “education”
regarding standard commercial FX robots.








™
(IMPORTANT: You can log into the Leo Trader Pro MT4 account and VERIFY over 500% net
profit, trade by trade results, and the fact that it is a real-money, live account by clicking HERE)

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Can you now see what the problem is here?

If not... here it is again (please pay close attention!)...

I.
A set of mechanical rules,

II. Back-tested and proven to work in the past,

III. Applied to a market that CHANGES personality often!


So we ask you once more...

Can you now see what the problem is here?

Ok... plain and simple:


NO FX robot that has had its design based on a set of
rules that fitted a certain market personality in the
PAST … will EVER work!


...and THAT is why 100% of back-test based robots DO NOT WORK!

And yes, ALL FX robots in today’s marketplace are 100% rule-based,
back-tested robots.

In other words...

The developers of these useless EAs managed to see (through a back-
test) that a set of 100% mechanical rules (i.e. if A Happens Then Do
B - If C Happens Then Do D etc.) work to an acceptable degree of
accuracy.

But...

Only in the PAST... and based on a SIMULATED environment!

If you have any Forex trading experience then you know what an
affront to logic and common sense this approach actually is!


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Are you beginning to understand why EVERY
single FX robot you have ever bought does not
make money for you?

They are all destined to fail...

They are based on a completely inaccurate premise… or, to put it into
even simpler terms… the foundation is plain WRONG! They are based
on the presumption that market personality and behavior do not
change.

That, our friend, is the huge mistake that every single FX robot user
makes...

...thinking that market personality will always be the same and that
the rules that back-tested well will continue to hold true in tomorrow’s
market conditions!

Now...

We want to go further with all this since it is VITAL that you
understand what is happening in the marketplace...

...even if you do not become our client...

...at least you will know why you are losing your money (AND have a
chance to do something about it!) with all these useless “make money
trading FX” scam products that are out there.

Here is what we did...

A simple but educational exercise...

We got the Leo Trader Pro™ development team to create an FX robot,
based on 100% mechanical rules, that back-tested well for almost 4
years (January 1st 2007 until August 27th 2010).


(NOTE: Have you logged into our real-money, live account yet to VERIFY over 500% net profit, trade
by trade results, and the fact that it is a real-money, live account? If not, we invite you to do so HERE)

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In effect...

...we did what ALL vendors of automated FX trading robots do (i.e.
the products YOU buy!)

So, after a lot of hard work (and it WAS a lot of hard work!) ...after
hundreds of back-tests based on a wide range of parameter
variations... we achieved a DREAM back-test!

And here it is...






A REAL dream...


- Deposit:


US $10,000.00
- Net Profit:

US $98,800.92
- Net Profit Percent: 988.092%
- Maximal Drawdown: 5.84% (WOW!)


Yes... a 988.092% NET profit with less than 6% drawdown!


(NOTE: Have you logged into our real-money, live account yet to VERIFY over 500% net profit, trade
by trade results, and the fact that it is a real-money, live account? If not, we invite you to do so HERE)

Copyright © 2010, Leo Trader Pro™ - All Rights Reserved

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Again... WOW!

If this had been the very first automated FX product you came across,
you would have probably said “This is going to make me rich” (and
many reading this report have actually gone through this!)

And why not?

If in the PAST this set of mechanical rules produced almost 1,000% in
HYPOTHETICAL NET profit, why couldn’t it do that again?

Well...

What better way to find out than to place the robot on a REAL-
MONEY, LIVE ACCOUNT and see what happens!

And...

...here is the equity curve of the SAME robot that achieved almost
1,000% NET profit in a back-test... but this time on a real-money,
live trading account






Rather different, isn’t it!

No worries though...

Luckily, we only risked US $1,000 with this real-money, live account.


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