There’s a New Robot in Town Or The Power of the “5” Pip Risk


It’s a new era. No more risking 30-50-75 pips to get into a swing or long term trade.

Before CCC (Currencies, Coffee and Croissants) came along, it was unheard of to try and enter a swing trade or a long term trade with 5 pips of risk. People would have laughed at you…..they thought that was only for day traders. But this internationally acclaimed group of 70 currency traders from 30 different countries has persevered with the strategy and has now incorporated it into its robot Forex Forager (patent pending).  By tying the 5 pip risk (plus the spread) to inflection points (prices from where the market is apt to take off), you can be wrong 5 out of 6 times and make substantial profits.  And when the market gets volatile, you generally win 5 out of 6 times and really clean up as we saw the robot move ahead +1100 pips last month.

Many trading and retail robot strategies risk far too many pips to get into a swing or long term trade.  Do you realize how often you have to be right risking 50 pips versus a 5-15 pip risk strategy? Those 50 and higher pip losses mount up quickly. That’s why so many retail traders get caught in the 90-90-90 trap….the 90% of retail traders who lose 90% of their money in 90 days.

Trading is largely about risk/reward and money management.  After all everyone knows what a trendline is, MACD and Fibonacci as well, so that can’t be the answer or everyone would be making 7 figures. No, the answer is in using a system that has risk/rewards that are off the charts followed by effective money management.  The robot takes care of all of that for you….takes the emotion out of trading….takes the doubts and guesses out……you don’t even have to watch it… stress.

The robot Forex Forager solves the above problems for both retail traders and pros alike.  It takes the entry point and can enter the trade with a variable number of pips to risk; it can move the entry point any number of pips for subsequent attempts; it can take profit on any part of the position after a pre-set number of pips of profit; and after taking partial profits it can keep you in the trade until the objective is reached. When the objective is reached, you can set trailing stops because you never want to take yourself out of the market.  FX moves often go much farther and longer than you think, so always let the market take you out. Nobody is smarter than the market.

The robot is also the world’s best NEWS player. Most traders are terrified of NEWS and stand aside.  But Forex Forager just eats up news. The market swings wildly one way and it locks in profits.  Then it swings the other way and it locks in more profits.  And then finally when the market picks its direction, the robot latches on to it like “Jaws” and rides with it.  Three things happen with the robot during NEWS plays:

  1. There is no movement and the robot stays uninvolved,
  2. There are wild gyrations both ways and the robot locks in profits on both sides, and,
  3. A sustained move finally takes place and the robot latches onto it for perhaps a long ride.

The robot has turned NEWS from a scary unknown into a money making opportunity.  There are CCC members who make a living now, just trading news with Forex Forager.  They’ve put their charts away and changed their work weeks from 60 hours to 5.

Read more trade strategy articles here.

Trading Coach

Jeff Wecker, "The Trading Coach" is a former member of the CBOT and coaches novices and experienced traders around the world from the U.S., Canada, the UK, India, UAE,  Australia, New Zealand.and ... Continued

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