Is DDSMM Just A Forex Money Management Spreadsheet?
Dynamic Delta Swanson Money Management Is So Much More Than You Think… In My Opinion, The Most Important Tool A Trader Can Use
One of the most important Forex trading tools has been released… but I think many people don’t understand what it actually does. I’m talking about Dynamic Delta Swanson Money Management (DDSMM for short). This is the most sophisticated and easy to use money management system you can use. And the greatest benefit is it helps you make a LOT MORE MONEY for the same efforts!
Here is something I’ve seen around the web that make me believe a lot of people don’t really know what DDSMM is…
“DDSMM is just a spreadsheet”
This is completely wrong, but I can understand the mistake. When Mike Swanson first came out with DDSMM, he had a spreadsheet you could download with the DDSMM formula programmed in. The value of the spreadsheet was you could plug your trade results into the spreadsheet and see how the results differed from the money management you are using.
I did this and was shocked at how much more money I could be making for the same trade results. I also used live trade data from robots and signals services and was shocked to see how much more profitable they could be. In one case study, the monthly result was 6 TIMES higher!
The truth is, DDSMM is a couple of different things…
Auto DDSMM is an EA that allows you to automatically use the dynamic money management formula for robots or signals services using Trade Copiers. So, instead of using the money management that comes with the robot or service (which usually stink), you plug in the power of DDSMM.
Instant DDSMM is an EA that allows you to place and manage trades directly from your chart with each trading benefiting from the dynamic money management formula. This not only makes trading easier and more efficient, but you don’t have to worry about calculating the proper lot size to use because it is done for you automatically.
I did a video demonstration of how this works you can check out here: DDSMM Instant Video Demonstration
It pains me to see people brush off this amazing development because it can really help 2 kinds of people that make up most of the traders participating in the market…
The Unprofitable Trader: There are a lot of people struggling to make money as a Forex trader. The main reason is not the system they use or the trader psychology they have (although this is important). The reason most people fail is poor money management. DDSMM instantly fixes this problem and can immediately make you more profitable. In some cases, they could be making profits with the same results that lost them money in the past.
The Profitable Trader That Doesn’t Make A Lot Of Money: There are some traders out there that make positive pips every month, but still don’t make a lot of money trading. This is because the money management system they are using does not ensure good monthy returns while limiting risk. The system they use probably limits risk so much that they are also cutting their profits off at the knees. I don’t know about you, but I trade to make money… not pips! DDSMM can take this kind of trader and instantly skyrocket their profits.
So NO, DDSMM is not just a money management spreadsheet. As a matter of fact, the spreadsheet is only for analysis purposes. It just helps you see what an impact using the DDSMM system can have on your trading. DDSMM is really an EA to use with automated systems and an EA to use for your manual trading. (Plus, you get 2 EA’s that trade on autopilot that already have the DDSMM money management programmed in… so even if you don’t have something working for you, this can get you started).
I’m going to make a bold statement about DDSMM…
If you do not use DDSMM I truly believe most of you will fail to be profitable traders… and those of you that do see profits will make a lot LESS money than you could have made for the same efforts.
Ignore that comment at your own risk.
Click Here To Learn More About DDSMM
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