Advanced Loss Recovery Software: What Systems Work?
If this is the first you are hearing about the breakthrough Advanced Loss Recovery software by Dustin Pass, you are in for a treat. This software takes a complex, bank trading trade management strategy and puts it in the hands of retail traders. Now at home traders can trade like the big bank traders, and never have another losing trade.
The best way to learn about this software is to attend a webinar held by the creator, Dustin Pass. That way, you can learn exactly what the software can and cannot do and ask questions to make sure this software is right for you.
Basically, the software works like this. You place a trade like normal, but instead of a stop loss you have a zone where the software takes over the management of the trade. What happens is, instead of taking the loss the software works you out of the trade in a way that you end up at breakeven, or even with some profit to show for the trade.
Imagine how much your bottom line will be improved if all the losing trades turn into breakeven trades. And all this is done for you on autopilot. Dustin even had his 4 year old daughter place some trades randomly and the software made it so she profited. (Using the software, she trades better than a lot of aspiring traders I’ve seen).
IMPORTANT: Advanced Loss Recovery is serious software for serious traders. This does not mean you can over trade your account or place the trades using risky money management. However, used correctly it can eliminate losses, increase your profits and reduce stress of trading.
I know what some of you are thinking. “With this software I can place random trades with a very tight stop loss and a lot of lots per trade. When I win, I’ll win huge. And when I don’t, the software will get me back to breakeven. I’ll be a millionaire within a month”! WRONG.
What Trading Systems Are Best To Use With Advanced Loss Recovery?
The software is designed to work with trading systems that have an edge, use proper money management, have a risk to reward higher than 1:1 and use stops of around 50 pips or higher. Therefore, this software is not good to use with scalping systems.
The reason this does not work with scalping systems is because the software has to take additional trades to work you out of the original trade that went against you. If you have an extremely tight area to work with, the software will end up taking a lot of trades in a ranging market, which can really add up. So, you need to use a trading style that lets the system have a little room to work. (By the way, US traders using US brokers that do not allow hedging CAN use this software. As a matter of fact, Dustin is going to explain exactly how in the webinar).
If you are worried your trading style does not work well with the software, don’t be. Dustin is also giving a proven trading system to use with the software. This means you get both a proven system that works well with the Advanced Loss Recovery software so you are going to have everything you need to start profiting.
While most traders were focused on finding the right trading system that never loses, Dustin found the answer in the trade management. Paired with the right trading system (and Dustin gives you one), this means you can trade without taking another loss again. Even if you have not been successful before, this combination will put you in the elite group of profitable traders.
You have to see this software in action to believe it. So, make sure to sign up for the webinar. This could be the change you’ve been looking for that finally allows you to reach your Forex trading goals.