Hedge Track Trader – New Forex Robot
Hedge Track Trader is a new Forex Robot that has just hit the scene. And, since you probably know all about Forex Robots, I’m not going to bore you with all the basic info. In short, a Forex Robot allows you to attach an Expert Advisor to your charts and have that EA place and manage trades for you on autopilot based on a per-programmed strategy.
There are a lot of opinions about automated trading using Forex Robots. A lot of people say they don’t work. I personally don’t see any reason why automated trading won’t work as long as the strategy programmed in the Expert Advisor is based on sound trading practices.
So, what makes Hedge Track Trader different and worth a look?
Hedge Track Trader looks to increase win percentage by using “Cross Currency Hedging”. As you probably already know, some currency pairs are linked and either move in the same direction or in opposite directions. It looks like this robot looks to reduce losses by by placing “hedge” trades correlated currency pairs. (Completely safe for US traders).
Another thing that caught my attention was the fact they use 2 third party statement providers to back up their trading results. And the trading results are something to take note of… to the tune of 442% per year. So, there are a lot of past results to take a look at. They have not had a losing month in 12 months… which is very nice.
So, if you are looking for a way to participate in the Forex market that requires no time, this is worth a look. Once you set Hedge Track Trader up on your charts, there really is nothing more for you to do. You do need to have the disciple and commitment to let the robot do its thing and run for a while (as there will be losses on occasion just like any other trading strategy).
With proper money management, this is something that could add profit to your trading accounts. But check it out for yourself…
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