Mechanical EA, Forex, hedging software, "Pro" Chad McCarthy hedging software Start Price USD 5,000.00 Current Price USD 5,000.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Monday, September 01, 2008 End Time Thursday, September 11, 2008 Location Wesly, AR See more about 'Mechanical EA, Forex, hedging software, ' Description Another "Chad McCarthy" forex trading software. We are pleased to announce the release of our "Pro" hedging software.  A number ebay buyers are already been using our "Pro" hedging softare since late in 2006.  Many thanks for the feedback and support.    Any questions you might have can be answered by calling us directly at 479-841-2512. For many months now we have refused to sell our "Trend Taker Pro" software on ebay.  $5000 is a hefty price tag for most ebayers.  We know that.  Look at the competition.  Most stuff is selling for a few dollars to $200.  Now that isn't suprising as in most cases the software or indicators don't seem to work.  Or at best they are often spotty and irregular. Our coveted and much sought after "Pro" version of our Trend Taker is now available to the public.  For the last year we have sold this exclusively by invitation only.  We have never previously advertised this product anywhere.  This has been our little goose that has laid the proverbial golden egg.  In the past this gold mine was available by invitation only.  We hope you will enjoy this great software as much as our existing users. 1.  So what is the this software?  2.  Why is this "Pro" version selling for $5000 versus the basic Trend Taker model at $1000? 3.  Am I likely to make more money with the "Pro" version? 4.  Is the risk comparable/higher/lower between the basic "Trend Taker" and the "Pro" version. 5.  Anything else we need to know about this newly offered on ebay "Pro" software?   Great questions.  Lets start off answering them in order.   1.  What is this Proffesional Trend Taker Software?  In a nutshel our "Pro" software functions on a similar foundation as its basic cousin the Trend Taker.  The "Pro" software is a math based software that needs to know neither market direction or timing in order to make a profit.  Our software capitalizes on volatility and the markets tendancy to trend. This system is a trend following system.  We get questions from time to time if this is grid system.  We get feedback from many traders that they, or a close friend, had their account wiped out using system "X".  Typically we are told this occurs when the market breaks out of its recent range and makes a big move above or below the current range of the last few months. Our "Pro" system follows the trend, it does not trade against it.  As such the sytstem tends to thrive and make substantially more than usual when the market breaks out of a multi-month range .  We often know when the market will move.  These pre-determined "when" anouncements can be found by going to a website such as www.forexfactory.com or other similar sites.  These scheduled news announcements often can tell us the "when", but never how far or in what direction.   One solution to this problem is to utilize a service such as Bloombergs real time news feed whereupon you as the trader can have access to real time news with no lag or delay as it is being released.  A good Bloomberg feed at the time of this writting costs in the range of $1800 per month.   However, even having access to real time news data is not foolproof.  It is not uncommon during a major news release such as the NFP that revisions will within seconds of a data release follow that initial news item.  This revision of the previous month's data can take a currency pair and whipsaw that market violently in the oposite direction.  Many times the brokers will freeze their trading platforms such that you as the trader will get terrible fills with slippage sometimes resulting in up to dozens-sometimes even more- pips slippage.  Or you will try and close out a profitable trade only to find you are requoted over and over.  By the time you are able to close out that profitable trade it shows a loss. One of the really neat things about using a market following logic combined with a hidden trailing stop is we are often able to experience "positive" slippage.  This means if we are looking to close our position as the markets are moving "IN" our favor we will often close out for more profit than we are shooting for.  Earlier during the summer a trader using our "Pro" software emailed us to share with us he was able to exit for over twice his profit target.  While this does not happen in all instances, it is common we are able to exerience positive slippage.  By utilizing a hidden stop this means our trailing stops do not show up on the MT4 platform.  This prevents brokers from hunting our stops and playing with the data feed -manipulating it so as to artificially take us out of the market prematurely or forcing us to take a loss unnecesarily.  History shows us the markets will often make some really big multi week moves between 1 to 3 times a year. This is where the "Pro" software realy has an opportunity to shine.    Our "Pro" software capitalizes on these breakouts above/below multi-month ranges by following the trend.  Typically we find during these breakout sessions the software is often able to produce 2 or 3 times its monthly average in profits. Our system utilizes trading zones varying trade density in these various zones.  We know mathmaticlly the market whether trending or rangebound has a high statistical probability during the short term to move back and forth within a certain micro range regardless of its upward buying pressure or downward selling pressure.  Our "Pro" software takes advantage of these statistical probability placing trades in these various zones within the software to increase profits with dramaticlly reduced risk. We trade three currency pairs.  The GBPJPY, GBPUSD, and EURJPY.  This is not correlation trading.  Rather each pair can be traded completly independent of any other pair.  In other words we can trade only the EURJPY if we so choose.  Our "Pro" software uses hedging to protect the trader from large unsubstainable loss while the market is ranging sideways.  Markets are stuck in a rangeing motion most of the time.  Sometimes it seems almost as high as 90% of a days trading occurs within a narrow range.  But....when the markets break out every couple days or for several days in a row the software will seek to capitalize on that move following the trend.  The end resuls is the oposite of a balanced algebraic equation.  This is precisely the end we are seeking.  An unbalanced algebraic equation.  We need about twice as many buys as sell in order to exit for a profit, or twice as many sells as buys. This is a great improvement over the Trend Taker where we needed a 3:1 ratio of buys to sells or sells to buys to exit a cycle for a profit.  This logic is purely math based.  Volatility is a proveable historical fact.  So even though it may be difficult to consistently predict both market direction and timing, if we can get on board a moving trading and get off before it slows down we wil make money.  This is the long term goal of the "Pro" software.  We are looking to score many singles and doubles.  If we can hit the occasional home run-great.  But we don't live and die by home runs. This is precisely how we approach the markets in our "Pro" software.  No dart board trading in this software.  By dartboard I mean we don't try and see ourself as smarter than the market.  We don't gamle like Vegas style gamblers rolling the dice hoping the odds are in our favor.  So what to do?  Simple.  Don't trade like these 90% who are losing money.  Stop trying to think you are smarter than you really are.  This is no insult to you.  Nor is it self debasing to myself.  I am very confident of my own abilities.  I might not be a great ad writter.  But I can sure design profitable forex trading systems.   The point is that there are plenty of really really smart guys with a doctorate in Math who are paid big bucks to figure out how to design the perfect system.  If a room full of these guys still struggle, perhaps we can learn something.  Rather than position trading why not make market volatility our friend taking advantage of the trends without feeling the need to catch the trend.  Be happy with taking a slice from the middle and being okay with that.  Singles and doubles and if a home run, that this is a cool bonus. 2.  Why is the "Pro" version selling for $5000.  Simple.  Substantially lower risk.  How would you like to lower your risk to as low as 30%.  If you could knock off 70% of the risk from your trading logic wouldn't that get you stoked?  Or better yet, if you could reduce your risk by 70% while at the same time making HIGHER RETURNS wouldn't that about knock your socks offs?  It sure did for me.  When we had the breakthrough that allowed us to develop the "Pro" software I about lost 10 lbs in the first two weeks.  Nothing like getting up every 30 minutes all night long just to check the markets because you are so excited to watch the system cranking out profits.  And like I said, according to our math this all with about 70% less risk!! Now that is a breakthrough if there ever was one.  Higher profits with lower risk.  Even at $5000 we still feel this software is severely underprice.  What other business can you get into where you could potentially make better than 60% to 80% net in a year-and only have to start out with a $5000 initial startup investment.  Compared to pretty much any other legal and moral business this software just rocks.  At $5000 I feel this software is an absolute steal.  I am sure once you start trading this you will too. 3.  Absolutly you should make more money with the "Pro" software than the basic Trend Taker software.  But more important than higher profits (at least much more importantly to me anyway) is the ability to trade with lower risk.  It is my opinion that this lower level is risk is the key that makes this "Pro" version such a winner.  Over the last 10 months this logic has been sold and traded this is the winning atribule to this software.  Hugely reduced risk.  Oh, yah.  Sure profits should be higher, but compared to the "cake" of lower risk, this is just the icing on the cake.  But hey, more profit is always great. 4.  Is risk lower with the "Pro" software over the basic Trend Taker model.  This has already been adressed. Yes.  Out experience suggests a 70% possibly better reduction in risk over the Trend Taker hedging software we have sold on ebay. 5. The system is designed to be run on 1 account.  It can be run multiple times within a given account.  For example you can run it on 10 different currency pairs simultaneously, or you could run it on 6 currency pairs on 6 different charts within those same currency pairs.  Or 6 separate instances of the EA running on each of the 6 currency pairs for a total of 36 instances of the EA running within the same account.  This is a very flexible system that allows you to phase in and out of the account accomplishing what in the past would have taken multiple accounts running many copies of the EA.  This is a great improvement that saves you tons of cash while giving you the flexibility you need to protect your investment by staggering cycles and phasing in and out of the market. The "Pro" software should give you greater monthly returns.  Some of our traders have boasted as high as 10% in a month.  I personally am happy with as low as 4 or 5% a month.  But all in all it should sharply outperform the Trend Taker hedging software with a drastic reduction in risk.  What an unbeatable combination!! Many improved features. 1. Ability to easily let profits run when market is moving strongly in your favour. 2.  More efficient trader interaction with software? 3.  Less risk. 4.  System should place only about 2/3 the number of positons to achieve nearly same levels of profit.  Substantially less margin should be used by the "Pro" version of the software. 5.  Higher profit targets each cycle with the "Pro" software 6.  Software tends to cycle through long term choppy markets much faster than the basic Trend Taker software.  Faster cycles should result in greater profit!! 6.  System can be set up to initiate remotely when market hits certain resistance or support levels without you having to actually sit at the computor all night waiting for the markets to move. And did we say more money with less risk?  In our opinion that should be an unbeatable combination.  Enjoy our "Pro" Hedging software.  Hope you have as much fun trading it as did we.  thanks, Chad McCarthy   P.S.  We have already been asked about a discount for someone who buys all three copies for efficiency's sake right up front.  Answer.  For anyone buying their second and third copy of our "Pro" software at the same time or within two days of buying intial "Pro" software can buy additonal two copies at a $2000 savings or $1000 reduction per extra copy purchased.  Also, tecnically this software can be run on an account for as little as $1000.  But lets be real, that might no be great money management to buy $15,000 worth of software to trade on a $1000 trading account.  On the other hand, the experience should be invalueable.  So even then it should not be immediatly thrown aside. Place a Bid!