Well, I’m still running the demo account on the FXCM System Selector.. the date is 2nd March 19:30 GMT and the portfolio is now running at just under $97,000 which is a 3% loss so far.

There are a couple of running trades still which are showing a cumulative profit of $1711.73. I’m short on both GBPUSD and GBPJPY on the Trend Escape trading system.

It still early days so let’s see how it goes..

Tags: forex system, forex system review, forex trader, fxcm, fxcm system selector, trading system, trend escape

For those following, I mentioned that I signed up for the free 30 day trial of the FXCM System Selector and attached the TrendEscape trading system to it for the GBPUSD and GBPJPY forex pairs. Yesterday when I checked, I was about $2000 down from the demo portfolio.. it started at $100,000. The last trades where a short of both the two pairs which amount to losses.

Right now, the account has dropped further.. another $1000 and the current live trades are slightly down at $100 loss or so….

Over the long term, the Trend Escape trading system is one of the most profitable…. I’ll leave it to run and see how it gets on!

Tags: automatic trading system, currency trading, foreign exchange, forex, forex review, forex system, forex trading system, fxcm forex review, fxcm forex selector, fxcm review, trading system, trend escape, trend escape system

A long time ago, I wrote about automated trading, how you could run a ‘trading robot’ on your trading platform and it would open and close your trades for you automatically. This was completely automated and works great.. the only annoying thing is that you need to keep your computer on for the ‘trading robot’ to function. If you want to read that post again, go to:

http://www.makemesomemoney.co.uk/2007/08/24/make-money-while-you-sleep-with-automated-trading-part-2/

Anyway, I found a company who can run the Metatrader software for you and additionally, they can preload two of the currently best selling ‘trading robots’ on the market, FAP Turbo and ForexAutoPilot (or you can load your own)

Basically, you rent a machine of theirs which is running the software and they’ll load the software for you… It’s quite clever and costs you $69.95 a month to run. You can remote control the machine that you are renting to access you trading account. It’s a very clever idea and I recommend that you look at it if you are using any of the Expert Advisors with Metatrader and want to run your trading operation truly 24/7. They promise a 99.9% uptime and if you don’t like it, you can get your money back (before 60 days).

Give it a try, click here to access EZ Forex Host

Tags: automated trading, currency trader, currency trading, expert advisors, fap turbo, foreign exchange trading, forex, Forex trading, forexautopilot, interbankfx, trading robot, trading system, trading systems