Archive for Finance

Leo Trader Pro Review – Is It Another Forex Robot Scam?

Leo trader pro claims that they can doubling our deposit every month and even more. It means that we can get profits more than 100% per month, that is a brave statements by them. We can’t just believe on what they said, so now let’s take a look on their forex system and then judge by yourself.

Leo trader pro uses an automated forex neural network, this is the first system that applied to retail forex market. The forex neural network system is different with standard robot that widely used nowadays. Forex robot is a system that coded with a back-tested set of algorithms, a system which is built by the set of rules that worked very well in the past and then it applied to forex market in today and tomorrow.

Leo trader pro found that all the forex robot in today’s market are using the back-tested data which worked very well in the past. This is the main problem of a forex robot, it worked very well in the past but fails when applies in today’s market. Forex market’s personality changes a lot, even in the past few days the changes can be very often. That’s why we can’t use the back-tested data eventhough it worked very well in the past.

Do you ever wonder why most forex trader that can make money are manual traders? The answer is because the manual traders successfully adapt to the changes of forex market personality. This is what ALL the forex robot can’t do.

And now the Leo trader pro comes to solve the problem. They use the forex neural network system which can deal with conditions that we don’t exactly know how respon with, for example is when a market behaviour changes dramatically. It doesn’t use the past data, it use todays data and reacts as a human being. That’s why it named neural network, it can be used to extract patterns and detect trends that are too complex to be detected by human beings or even computer techniques.

By using this new system, leo trader pro can have their claims of the accuracy and the profitability until more than 100% per month.
They are not only talking but they give some proof below:

1. Leo Trader Pro introduced their Neural Network system at the International Traders Expo in Las Vegas. It is the first time to use in the market

2. Leo Trader Pro provides an Account Investor Password, public is allowed to access account #1331. This is the first time in the world, an access to investor account. You can try it and prove by yourself

3. The investor account #1331 are validated by the CEO of FinFX, Jani Hjerppe. A REAL proof that Leo Trader Pro is at the best in the forex world.

So now Login to the investor account and starts doubling your money. Don’t worry if you don’t how to login, you can watch the 3 minutes video tutorial there.

The Pros
- Forex neural network is the new system that can deal with forex market changes.
- Investor Account Password is definitely one of the best part of the product.

The Cons
- Maybe you think that the price is a little bit high if compared another forex product but with the Leo Trader Pro neural network system and Investor Account Password, that price is very cheap. I think they should charge more for this great product.

Free Forex Training – Forex Trades Introduction

The existence of forex trades has long been available since the discovery of techniques to convert a country’s currency into another country’s currency. However, the new institutionally built after an arbitration body set up futures contracts. Turnover that occurs in the forex market reaches U.S. $ 5 trillion per day (survey BIS-Bank for International Settlements, in Sept, 2008). This amount of forex trades is 40 x higher if compared to the velocity of money on such commodity futures exchange or any other stock market in each stock exchanges of any developed country! This means that the trading volume of that size, this forex trades market is very liquid, and control of trafficking can not be held by only a few parties who have big capital. Currency movements are entirely dependent on the market. There are many large and small players in forex trades, but none of them are able to control the movement of foreign exchange rates.

Frequently traded currency is the currency in the developed countries like the U.S. dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound (GBP), Australian Dollar (AUD) and Euros (EUR). All currencies are traded in pairs, for example EUR / GBP, CHF / JPY etc. Then from where I obtained a benefit from the forex trades? In simple, the benefits of this investment is obtained from the value of the difference when we buy and sell back the currency of the country concerned. For example, in April Mike purchase Dollars with the exchange rate of JPY 100, – per dollar of U.S. $ 1000. So at the time of purchase this currency Amir to pay as much 100, – x 1000 = JPY 100,000 – Then in May, the dollar strengthened against the Yen to JPY 110, – per dollar, the net profit that Amir got when he sold the dollar return is: (110-100) x 1000 = JPY. 10,000, – Easy and simple is not it? And because the average time it takes to buy and sell back the currency in question is usually no more than one month, then the forex trading are classified as investments with short-term.

Forex trades does not involve a physical trade. And more importantly because it does not involve physical trading, forex trading can be run with system margin or collateral (margin trading). For example if I want to buy U.S. $ 10,000, then the margin trading system with me enough to spend just 1% amounting to U.S. $ 100 as security. But the benefits I get from the appreciation (increase) the U.S. Dollar is equal in value to U.S. $ 10,000 which I bought. Very simple and because it does not involve trading in physical form (investors do not hold the currency bought or sold, only evidence of the transaction only), then the guarantee given to very small: only 1% of the amount that would be purchased.

If you still confused about the forex trading system, it is better if you start a forex training. Do not think that the training is very expensive because you can get a free forex training online