How to Profit from a Fully Automated Trading System

Trading forex can give you a huge potential in profit. By being a 24 hour market, your chances of getting a huge profit from your trades can happen even in the wee hours of the morning. But you dont have to stay up and monitor the market by sitting in front of your computer screen of course. This is where a fully automated trading system comes in.

An automated trading system is not a new thing. Many of these systems have been around for so many years and some traders already mastered the use of these mechanical systems, but not all. Since forex trading can appeal to so many people right now, whether youre an employee who wants to have an extra income, or a retiree who still wanted to have something to do and earn at the same time, forex trading can be a very huge profit gaining potential and a very good automated trading system can be your tool in attaining just that.

TrendBiter uses a proprietary MTSD (Medium Trend Strength Discovery) indicator developed by Dr. Trent Soyuz that takes small “bites” of profit out of trends in the medium range with an exceptionally high accuracy rate for all the major currency pairs.

TrendBiter is a great solution for patient investors who want to trade the Forex market . but avoid the daily grind of chasing down PIPS with the help of a fully automated system without having to become an MQL or JForex programmer. TrendBiter seeks excellent opportunities but typically finds relatively few trades every year (about 10 per pair). It is thus designed for patient investors whose investment horizon is at least one year.

Forex trading is hard specially to those who just started trading, and a good fully automated system can help in making things easier for those who want to trade. TrendBiters goal is to help traders save time, reduce stress and optimize performance. Since this trading system is fully automated, it can relive the trader of the stress and anxiety in sitting in front of the computer at all times watching the market. TrendBiter is extensively tested by leading industry experts with excellent feedback.

The strategy has been designed for the NinjaTrader. platform such that the user needs absolutely no experience or knowledge of Forex trading – a “Plug & Play” concept. Other leading platforms are also supported.

Automated trading systems are here for the long run, visit our website to know more about the benefits a fully automated trading system can give you.

Hanseatic League – Medieval Trading Ports

In the later Middle Ages or medieval period there was an alliance of trading guilds that controlled all of the business over Northern Europe and the Baltic Sea region. This was the Hanseatic League. Hansa is a German term for guilds. The Baltic Sea area had always been the subject of piracy, raids and unorganized trade but the scale of these ventures never reached an international scope. The Hanseatic League changed all that. In 1158-1159 the German town of Lubeck, now, in modern times, the second largest city in northern Germany, was rebuilt by Henry the Lion, Duke of Saxony, after he had captured it from Adolf the Second of Holstein. This would one day be the cornerstone of the league.

Henry the Lion was one of the most powerful princes in his time (b. 1129- d. 1195) and he is known as the founder of Munich and Lubeck. The town of Lubeck became a central point for all sea trade coming in and out of the Baltic. Most of the cities surrounding the Baltic Sea recognized this and enjoyed their own success, on Lubecks shirt tails by joining into an alliance with Lubeck. This helped all the German trading cities achieve a level of dominance in trade over that area, in the 12th to 15th centuries. Traders from Saxony and Westphalia could now use Lubeck as a point to spread east and north because of this prosperous free trade period.

There had been guilds appearing in the Baltic area before the Hanseatic League. These guilds had the intention of trading with overseas areas that were ripe for trade and profit. At first the Swedish city of Visby was the central point for guilds in the Baltic area. But with an over abundance of merchants joining the guilds, the German traders decided to have their own trading stations and alliance. They eventually formed what were called Hanse and began acquiring special trade privileges with royalty in English cities and other major medieval cities. The location of their main port of Lubeck gave them easy trade with Russia and Scandinavia. The Hanseatic League was the result, as Lubeck formed alliances with Hamburg, and other major cities. The league was fluid and there was no one manager of it. Over the years it wavered back and forth from 70 to 170 members. The large league made it harder for any independent traders to get business in the areas of Northern Europe and the Baltic. Visby, the Swedish city that used to be the center of Baltic Sea guilds, eventually succumbed and ended up in the Hanseatic League itself.

Eventually the Hanseatic League was so powerful they sent men to fight in wars and financed many battles. But the league became too powerful and influential, and English leaders felt they were hurting free trade. It was eventually kicked out of England in 1597. As well, the city of Visby, on the Swedish island of Gotland decided to go against the alliance and become independent again. In the early 1500s this came to wars between Lubeck and Visby, in which Visby was nearly destroyed. All of this warfare financing and trying to maintain business weighed heavy on the leagues finances. Finally the rise of the Swedish empire over the Baltic area eventually brought an end to the Hanseatic League, and it never could regain the power it once had.

A Brief Idea On Starting Commodity Trading In India

Commodity trading has a very old history in India. In fact, the practice of trading in commodities started in India much earlier than in most other countries. However, years of foreign rule, periods of commodity scarcity, and lack of proper Government policies caused the commodity market somehow diminished in India. But that has become past as well. Hopefully, commodity market was recently given a huge boost in India. A regulatory body called the Forwards Markets Commission (FMC) was set up as early as 1953. As of present, India has four fully computerized national commodity exchanges for facilitating the trading practice in India.
What are the four key centers for trading in commodity?

These four key exchanges are the,
National Multi Commodity Exchange (NMCE)
Multi commodity Exchanges (MCX)
Indian Commodity Exchange (ICEX) and
National Commodity and Derivatives Exchange (NCDEX)
However, before you begin trading commodity, you should be aware of the various basic parameters that guide the ups and downs of the commodity market. Only when you are aware of these basics of trading, you can ensure substantial profits in commodity trading. Presented here is a brief idea on the trading system.
The benefits of trading in commodities
There are several advantages of this trading procedure. These advantages have been outlined as following.
It is much cheaper than trading in stocks. That is because the margins are considerably lower than that of the stock futures
Brokerage is comparatively considerably low in trading commodity futures
The trading process is less complicated. You are not required to study balance sheets or compare financial statements as with stocks. All you are required to do is to follow the demand and supply curve of the commodities that you are trading very closely.
Sound advice for the beginners
If you are new to this trading system, then first you should do your homework properly before you engage in trading. Here are the suggestions on how you should break into the market.
Visit the commodity exchange markets listed above to see which commodities are on offer for trading. There are only a select few commodities for beginners.
The NMCE has agricultural commodities and metallic commodities under its fold
The NCDEX offers metal, agriculture and energy commodities for trade
You may also check out the MCX for the availability of commodities
Once, you have decided the commodity based on your research, you hire a good commodity broker to do the job for you.
If you are interested in Commodity Trading and Intraday Trading, Forex Trading in India or choosing Trading as a Career; Sahajmoney is one stop shop for you. We help Indian investors maximum profits in Indian Stock market.

Day Trading Articles – How To Find The Best Authors

With the rise of day trading online, there are a lot of day trading articles on the net. If you want good information you want day trading articles that have been written by people who actually trade and thats what were going to look at here.

The vast majority of articles written on day trading are not written by traders at all. There normally written by people who are simply trying to make money by appealing to traders to visit their site where they have ad words or products from vendors for sale.

These products appeal to people who are looking for an easy way to make money in forex and they lose.

The fact is day trading simply doesn’t work.

As an experienced trader, I find it amusing that people actually believe what some authors say in terms of day trading, here are just some examples:

“Predict market tops and bottoms with 90% accuracy”

“Scalp profits everyday”

“Earn $10,000 a month with this system”

Of course these day trading systems don’t work as the track record that comes with them will have the disclaimer below (or a similar one), read it carefully:

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

What this means is a vendor can make up any track record they like in hindsight, knowing the closing prices – but trading is actually a little more difficult, you have to trade without knowing the closing prices!

You will never see a day trading system with a track record of real gains, audited with account statements over the longer term. If you do – let me know because I have been trading for 25 years and never seen one.

Day trading forex day trading stocks, day trading commodities, day trading CFD’s – it doesn’t matter – day trading does not work in any of them due to the following:

All volatility in short term time frames is random and prices can and do go anywhere, meaning that if you try and use support and resistance levels they wont help you with your trading signal or help you get profitable market timing.

You therefore can’t get the odds in your favour and will lose over time.

This is fairly obvious when you consider that the price in any financial market is made by a vast diverse group of traders.

You simply cannot predict what this vast mass of people will do in a period of a few hours – the time period is simply to short.

If you want to make money trading then you need to trade longer time frames, where you can calculate and get the odds in your favour. This means swing trading or trend following.

So the next time you read a day trading article you should be aware that the person writing it has probably got no experience on the subject they are actually writing about. There are lots of day trading articles and the vast majority of the authors have simply never traded.

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The Importance Of Tapping Into The Power Of The Unconscious Mind For Successful Trading

When I talk to most traders about Discipline and the importance of following their Trading Method and sticking to their Trading Plan, everyone knows it is the obvious and right thing to do. however why is that most traders never stick to this Conscious agreement that they have made with themselves? The simple answer is:

“Conscious Effort alone is never going to be enough!”

When I tell people this they even agree, or say “I know that trading is more than 90% Mindset” however not many traders are aware of the Importance of this and never really take any steps to Master themselves and their own Mindset to take their Trading to the next level. Again, Why is this? If you know that Success in Trading is determined mostly by focusing on yourself, why do traders never explore this in any depth?

My personal belief through working with many traders over the years has come down to one simple answer, and that is their EGO gets in the way!

Most traders will never be honest enough with themselves to admit that the reason that their Trading Performance may decline is because of something deep down within themselves. This is a huge problem for some, and unfortunately if you cannot be honest with yourself about your own trading Performance, then how do you honestly expect to improve?

My Number One Tip for Traders is, “Be Honest with yourself and be Open, If you are Closed, you may as well consider your trading business Closed!”. As harsh as that may seem it’s the Reality of this Business.

What I see is that Traders continuously try to Master themselves and their Trading with purely Conscious Effort and reading Traders Psychology Books. this will never, never work!! Because here in lies the problem: The conscious mind can only process about forty bits of data per second but the unconscious\subconscious mind can process forty million bits of data in the same second. The relevance is simple. The unconscious mind is one million times more powerful as an information processor than the conscious mind. We all believe that we run our lives with a conscious mind. This is what I want from life. I want to do all these wonderful things. Yet your life doesn’t match your intentions; as a result there is a tendency to say, “I can’t get the things that I want, the world is not providing them to me.” We take on the role of victim! Man this is Wrong! Totally Wrong! Please wake up Traders, stop kidding yourselves!

Insights from the field if NLP (Neuro linguistic Programming) and through my work in this field on myself and other traders, have completely revolutionized this idea. We now recognize that 95% to 99% of our cognitive activity comes from the unconscious mind; less than 5%t is influenced or controlled by the conscious mind.

When we are doing affirmations or positive thinking, we are using the tiny processor that has less than 5% influence, which means that we have to depend on willpower to overpower the unconscious mind. That is a nearly impossible job because the moment we take our eye off the ball, we automatically go back to the preset programs that are in our unconscious mind. Positive thinking is a good idea, much better than negative thinking, but while you are engaged in positive thoughts using the conscious mind, the unconscious mind with its limiting and self-sabotaging programs is running the show! Consequently, positive thinking does not improve the situation for most people.

It is not that the conscious mind is not powerful, for it can run anything in the human body. We used to think it could only run the voluntary system–the skeletal muscles, arms and legs. But yogis have revealed that the conscious mind can change body temperature, blood pressure and heartbeat.

The conscious mind, if it focuses on any part of the body or any function, can control it, through processes that raise your Awareness, such as meditation. But the conscious mind, being a small (40 bit/sec) processor, doesn’t have the capability of controlling as many things at the same time as the unconscious mind can, operating at 40 million bits/sec.

Most people hardly use the conscious mind. They run their day-to-day existence from programs stored in their unconscious mind, Without actually realising how their Mind is working! Probably 99.99% of the world functions this way!

Basically the way i see it is that most people are Unconscious and asleep even when awake! Crazy is n’t it!
What programs will that unconscious mind run? The answer is the exact programs that were downloaded into it! No variations on a theme. What it has learned it will play for its entire life unless we go into the unconscious mind and rewrite the program!

The conscious mind is frequently oblivious of the programs running from the unconscious mind because the conscious and unconscious minds operate in tandem: one does not observe the other. So if the things in my life are not what I’m looking for, is it because the universe isn’t offering me the opportunity or is it because I’m sabotaging myself? Almost inevitably we are sabotaging ourselves with limiting programs stored in our unconscious mind!
Must we go back and identify how the unconscious programming occurred? Absolutely not. The subconscious mind does not have a future or a past. It is handling the present moment all the time. A signal from the environment comes up, pushes the receptor that engages the effector that then coordinates the response. That is the unconscious mind. There is nobody in there. There is nobody to talk with or negotiate with in the subconscious mind. We must find other ways of influencing and impacting the subconscious mind’s programming.

That is exactly what i have been working on for the past 5 years, I have been developing Practical methods and learning Practical Methods from the field on NLP to help Traders with the Negative forces that may lie deep within the unconscious mind. Some examples of what we have found that lies deep within the unconscious that will effect all your Trading Behaviours (For that fact all Behaviours in Life!) is your Self Limiting Beliefs, Attitudes, Values that are not in line with your Intentions, Negative Emotions such as Fear, Anger and Anxiety that sit their ready to react to Outside influences and Perceptions that you may have, Negative Self Talk (AKA Monkey Mind!) etc.
Now Most people are aware that all these Unconscious Forces may have a massive effect on their Trading , However knowing this, Why is still that Most Traders will never look to Master themselves and will continue to Focus on Mastering their Trading with Charts for the rest of their lives, rather than Mastering themselves first which is what ultimately leads to Mastery within their Trading?
My advise:

“Start to look within for your Answers, not on your Charts!”