Is it possible to make big money trading the forex markets?
|
|
Yes, I believe it is! The foreign currency markets are one of the most exciting and potentially profitable investment venues. At the same time, they are one of the most predictable set of markets in terms of their cyclic behavior. More and more investors are turning to the Forex markets, but the key to making profits from them is having the right set of methods.
Over the past 35 years of analyzing the markets on a daily basis, I have developed, and I believe, perfected, such a set of trading techniques designed specifically for the foreign currencies, which I call PROFIT$. Now, I am offering these methods to serious traders, with an opportunity to try them yourself with a complimentary subscription to my nightly emails.
This webpage is bare-boned - no pop-ups, no scrolling messages, no videos. I believe that if you have something good, something really good, it doesn't require a lot of "gingerbread" to communicate that. Read on to see how good my techniques are proving themselves....
What is "PROFIT$" ? PROFIT$ is a nightly emailed report to subscribers, telling them exactly when and where to enter trades, where to place their stops, where to trail stops, the amount of initial risk involved and a target we're anticipating will be reached.
PROFIT$ is based strictly on mathematical formulas, especially the PROFIT$ CYCLEFINDER which I have developed over many years of testing and analysis. The table below shows the seven Forex markets PROFIT$ trades and how they have performed over the past three-decades plus.
|
|
A sample copy of a PROFIT$ NIGHTLY REPORT can be seen at: PROFIT$ REPORT When you look at the total performance for PROFIT$ for a number of decades, the years prior to 2010 being hypothetical performance as determined by TradeStation analysis of our methodology, the figures are as shown below:
|
|
CUMULATIVE
PROFIT$ PERFORMANCE
– THRU |
||||||
|
FOREX |
#
YRS. |
#
TRADES |
%
WINS |
TOTAL
NET |
MAX. DRAWDOWN |
AVG.
NET/TRADE |
|
AD |
24 |
272 |
47% |
$
110,280.00 |
$-10,310.00
|
$ 405.44 |
|
BP |
38 |
958 |
53% |
306,812.50 |
-10,737.50 |
|
|
DX |
25 |
157 |
45% |
143,012.85 |
-7,432.30 |
641.31 |
|
EC |
38 |
543 |
46% |
422,950.00 |
-11,662.50 |
778.91 |
|
JY |
38 |
475 |
58% |
306,500.00 |
-10,300.00 |
645.26 |
|
SF |
38 |
250 |
56% |
181,562.50 |
-7,262.50 |
762.25 |
|
HOW DID PROFIT$ DO IN 2010 ? |
|
|
Not too badly, but first look at how the top CTA's and Public Funds have been doing.... I know the time frames are a bit different, but you can get a good idea anyway:
And, those percentages for PROFIT$ don't include any of the open profits, which as you'll read later on, are in excess of $5,000! Now, seriously, which way would you rather trade? |
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
HOW IS PROFIT$ DOING NOW ? |
|
The table below gives our 2011 closed trades as of January 22:
|
|
JANUARY, 2011 – PROFIT$ MONTH’S CLOSED TRADES |
|||
|
ENTRY |
EXIT |
|
CUMULATIVE |
|
12/17
SFH L @ 1.0386 |
1/3
@ 1.0740 |
$
+4,425.00 |
$
+4,425.00 |
|
12/20
ADH L @ .9876 |
1/5
@ .9898 |
+220.00 |
+4,645.00 |
|
1/10
ECH S @ 1.2893 |
1/11
@ 1.2973 |
-1,000.00 |
+3,645.00 |
The figures below show our open positions as of January 20, 2011 and we are at one of those unusual times when we only have one
open position, making this a great time to get started with PROFIT$ since there are 5 currencies "just waiting" for new signals.
|
|||||||||||||||||||||||||||||
|
how would PROFIT$ have done in the past? |
|
|
If one applied our cyclical methodology to the past decade, hypothetical before 2010, how would PROFIT$have performed? The graph to the right shows a handsome accumulated profit since the beginning of 2000. And, the graph to the right shows one losing year, 2004, with a loss of $-3,508.95.
So, PROFIT$ is not infallible, but with an average of past analysis showing a yearly net of $37,832.54, that is pretty much in line with the results for 2010.
|
|
|
|
|
|
YOU MIGHT BE ASKING.... |
|
Is there any judgement involved in using the PROFIT$ signals? PROFIT$ is the result of a sophisticated computer program that's the culmination of 35 years of research and development that takes into account many factors that predict or validate cyclical behavior in the foreign currencies. No guesswork or intuition is involved, just mathematics.
|
|
Can I trade PROFIT$ with a small-sized account? The best way to approach this is either to use the Mini's (one-tenth the risk, one-tenth the profit) until your account has increased enough to trade at least one of the currencies with a full contract. If you're not familiar with Mini's, your broker can help you, or contact me and I'll explain them to you. Alternately, a smaller account could trade just one currency at a time.
|
|
Is all of this valid or just some sort of hype? Well, I've been doing this on a daily basis for 35 years, and have been pretty well thought of in my field. You may want to click on this link to read a bit about my background and what a number of my peers have thought of me over the years. Michael Chisholm
|
![]() |
|
For a limited time (really!), I'm offering you the chance to receive two full weeks of PROFIT$ Reports, with no obligation, and, of course, no charge. You'll receive these reports by email early every morning, in plenty of time to make your moves.
No credit card is required, no telephone number. You won't be hassled to take a paid subscription. When your complimentary 2-week trial is over, you will be notified of that and given the opportunity to subscribe on a regular basis.
All you need to do now, to see for yourself just how good PROFIT$ is, is to click on the link below and sign up for your free trial subscription.... Good trading!
|
|
THERE
IS THE RISK OF LOSS IN COMMODITY FUTURES TRADING. ¹ HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS REPORTED FOR PROFIT$ OR MOST COMPUTER TESTED TRADING PROGRAM RESULTS HAVE MANY LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS, ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
|