Forex Autopilot System: The Pro’s Choice
Two years ago, Marcus Alexander Leary was working as a Forex trader with Steven Strauss on behalf of a wealthy songwriter. Leary claims that he used to make $50,000 for him in a period of 24 hours, non-stop, before losing the account on a single trade. Of course, he and Strauss were fired by the wealthy songwriter. But that failure didn’t come into waste. Leary used what he has learned from the experience to create Forex Autopilot System (FAPS) with the mathematician, Strauss.
Forex Autopilot System is the combination of software and a trading itinerary that is somewhat a blueprint which is designed to remove human error in Forex trading. Most loses in Forex trading can be attributed to the trader’s emotions and wild guesses. FAPS is created to eliminate all these factors in order to achieve optimum results in trading. This system automates trading by recognizing trends in real time. It uses money-management software to acquire loads of profits even in the worst market condition.
Leary and Strauss, however, do not want to expose the logic behind the system. Nonetheless, they made it in a way that allows the user to customize the setup of the software as they like it. This is to say that unlike other Forex robots and automated system, FAPS is not meant for the novice. Besides, being on autopilot does not mean that no supervision is required at all. Someone still needs to manage the system in order to prevent mistakes.
Still, Forex Autopilot System boasts its very consistent performance in Forex trading coupled by the ease of use it provides for experienced traders. The makers claim a 96% success rate or winning trade. This is based on the back-tests taken from live trades done in the period of 1999-2008. According to their website found at http://www.forexautopilot.com, FAPS has already created 8 millionaires and still counting. Today more than 3,000 clients are claiming to earn an excess of at least $100,000 per annum.
Aside from that, FAPS offers a very reliable personal support to its users. It comes with a user-friendly documentation providing some how-to-do steps that even novice traders might understand. They also have e-mail support that actually responds promptly. Most of the time, Leary himself respond to the queries especially if they are related to the technical workings of the software.
Forex Autopilot System is best used for trading the EUR/USD currency on the 1 minute timeframe. To get maximum profit, Leary encourages traders to use the default setting of the software. Nonetheless, lots of users assert that FAPS also trade effectively in any market supported by MetaTrader 4 such as GBP/USD, USD/JPY, and USD/CHF.
Various back-tests have proven the performance of FAPS in the market. One of which resulted to a 91% profitable trades over a period of 5 years. With a starting capital of $1,000 it did went up to $46,638. In real money, one test started with $2,910 capital and ended trading up to $8,916 over a period of two months. In this test, 92% of the trades went profitable.
As the name implies, Forex Autopilot System runs on autopilot which means that it requires minimum supervision. It works as an expert advisor (EA) scripting tool to dictate trades alongside with MetaTrader 4. Although it is not recommended for novice traders, the package comes with a documentation that includes a step-by-step guide on how to configure a specific advisory script to suit your trading style and preferred currency pair.
The package also comes with a Non-Farm Payroll “Robot” Add-on which automates high-risk trading. Another featured technology is the Ultra-Trend Robot which detects and analyzes the strength of a certain trend. Best of all, FAPS provide a $100 bonus deposit towards the first deposit on your account.
FAPS normally cost $399.55 but right now, they offer a 75% discount for the software which brings the original cost down to $99. It is sold via Clickbank so it means that there is a 60-day refund policy.
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Tags: Automated System, Autopilot System, Experienced Traders, Forex Trader, Marcus Alexander, Marcus Leary, Mathematician, Steven Strauss