Introducing Variety A New Blogging Project ~ forex trading laptop

3:17 PM in a, approach, blogging, Forex, in, introducing, managing, money, new, practical, project, trading, variety

Today we are going to go a little bit away from the usual articles about currency trading so I apologize to my regular audience if you were expecting the usual - hopefully well written - article dealing with forex automated trading or other revelant aspects of the forex market. However today and tomorrow I am going to be talking to you about some interesting developments that have happened within the last month (dont worry, tomorrow it will be about automated trading), which have prompted me to make some new projects to improve the way in which things are evolving.

This post will be dealing with a new project I came up with which has absolutely nothing to do with automated trading or forex for that matter. This new project started as a need for variety as I felt my life and projects were being limited by my work as a currency trader. Certainly being a day trader is fun and automated forex trading is an amazingly complex and wonderful field but in addition to developing systems, investments, asirikuy and this blog I needed to do something else which stimulated other areas of my - now heavily left hemisphere oriented - brain.
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What did I come up with ? Well, since I love helping people and I do feel I have substantial knowledge in other fields which I developed within my quest for profitability in trading and my studies as a scientist, I decided to start a new blog about just whatever I could think off that I could write to help people improve their lives. This new blog called "Entirely For You" (you can always access it directly at http://www.entirely4you.com) is my attempt to show people another side of me which will have- hopefully - a lot of practical and theoretical knowledge to help people in their everyday lives. (for those of you who have read my blog for a while- yes- I did have a name in Quechua :o) but it was already taken !)

My objectives with this blog are clearly not financial but only recreational in the sense that I love writting and writting about other things besides automated trading is a way to "ease my workload" and prevent a burn out which would have certainly happened in a few months or years ifI had continued this excessive focus on automated trading systems. Sure, I will continue to post daily here and do all the weekly work as usual but my new blog will provide me with some relief when I feel like writting about something else and hopefully it will also give people a good deal of information derived from the little but applied wisdom that I have acquired through my life.

Of course this blog also means that you will get to know me better as a person, something which I think is vital when you need to develop trust in someone else, you will learn about my opinions relevant to other subjects and definitely some other aspects of my personality. This not only means that you will know that I am definitely a flesh and bone human being but that I have absolutely nothing to hide from you and that everything I do in my life is approached from the most ethical, honest and proffesional way I can :o). So I hope you enjoy this new website and you visit it often ! (update frequency will vary but probably I will post once or twice a week) Please leave any comments or opinions you may have ! :o)

On a side note, there is also another surprise for you related with automated trading which will be released tomorrow (hint : notice that new orange box at the bottom of the page ?)

If you would also like to learn more about my work in automated trading please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

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Forex Expert Advisors Forex Maximizer an Unbiased Review ~ forex trading license

4:39 PM in a, advisors, an, blogging, expert, forex, introducing, maximizer, new, project, review, unbiased, variety

Today I will be revieweing one of the new trading systems which has been released over the past few weeks. This trading system - called Forex Maximizer - promises you will be earning an income every month in no time, with consistent results that will "not make you a millionaire" but will allow you to "quit the search for a new 9 to 5 job". As always I will analyze the evidence provided by the author and I will see if they are truly able to backup the claims made on the website. By analyzing the evidence I will also be able to tell you the soundness of the trading systems tactics and whether or not the system has a high like hood of being long term profitable. In the end I will give you my fully unbiased opinion of whether or not this trading system is worth buying and testing.

The Forex Maximizer website starts with the usual marketing hype that we have come to love so much. It talks about the mighty and mystical gurus that dont want you to know their "secret" to profit from the forex market. What particularly bothers me are the statements that follow this guru talk which are just bluntly misleading and which are simply marketing phrases pointed to make people believe that "getting profit in forex is easy", "even if youve never traded", etc. Then the author goes on and on about how most forex robots "suck" and will lose your money but his trading system - which is not a scalper - will have you banking up consistent profits in no time.

However, when it comes to backing up his claims of consistent profitability and actual real earning capabilities this author simply fails bluntly. What we have as evidence of profitability is simply some hand-picked screenshots of trades -which could as well be made by hand- and some pieces of backtesting results and a screenshot of the strategy tester resuts of a one year backtesting statement. We dont have even access to the backtesting statement or the simulations results to adequately know how the simulation turned out.

Why are simulation results limited to only 2009 ? Why arent 10 year results included ? Why isnt the backtesting statement shown ? These things are all supicious because showing more evidence only makes up a stronger case for the seller and the absence of evidence usually points out that this is simply not the case. Additionally, backtesting statements from commercial EA sellers CANNOT BE TRUSTED because there are simply almost infinite ways in which these results can be manipulated to produce profitable results.

In the end, the maximizer trading system has absolutely no proof of profitability with some very limited backtesting results being the only piece of available evidence, since the backtest is not validated this information is also pretty much useless. There are absolutely NO third party investor-access verified live testing accounts needed to proof the systems profitability and to show actual back/live testing consistency. Why in the world would this guy refuse to show us his statements if his system was so profitable ? Even more, why doesnt he show us his statements if he has - as he says- been trading the system for a while ? It is absolutely amazing that someone with so little proof of profitability is even willing to try to sell a system as if it was profitable.

The fact that there is a willingness to hide evidence shown as an absence of backtesting statements and 10 year backtests and the fact that there is simply no third party investor-access verified live account to backup any claims of profitability and validate the backtests shown tell us that the Forex Maximizer system is simply NOT worth buying and testing. If the seller puts up 10 year backtests and shows a 6 month investor-access verified live test with at least 50 trades (and a backtest of the same live testing period) I will redo this review to include the new evidence. Meanwhile, this trading system is nothing but a part of the usually over-hyped trading systems with little -if actually any- evidence of profitability.

If you would like to find an education about automated trading and how you to can develop systems based on sound trading tactics to achieve realistic risk and profit targets please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

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