Scott Heywood – The FX Robot Method- Trading Forex for a Living

Scott Heywood – The FX Robot Method- Trading Forex for a Living

The FX Robot Method – Trading Forex for a Living is an fx robot trading book which is the culmination of three years’ testing and trading in the live market, as the author moved from an office job in the technology industry, to living from his full time earnings as a forex trader.

The FX Robot Method book covers these all-important points for forex traders :

• The second ‘secret’ (or my tenet) which underpins all my activity and ensures I grow my account safely and sustainably – this same approach will protect you from the major mistake most new traders make
• The key question you MUST ask yourself before you decide to embark on the quest to make your full time income from forex trading
• How I launched Plutus (my robot) with no programming experience and no understanding of the technical platforms which run robots and Expert Advisers
• The reasons I completely trust my robot’s role in my system
• Exactly when I get involved in trade decision making and how I make this work (Hint: I don’t do much of the day to day work!)
• How to make sure a robot suits your own system
• Choosing the right robot for you
• How to exhaustively test your robot before playing with real money in the live markets. I will walk you step by step through my testing regime in plain english – it’s not technical and not full of industry jargon
• When simulation testing should play a part in the launch of your system
• How to optimize your system with robot support, and how much time to spend optimizing before live launch
• The benefits and pitfalls of testing in your demo account
• How to safely progress to live trading from your test regime
• How many pairs to consider and trade as a beginner
• The minimum amount you should enter the market with and the reasons why I recommend this (hint: it’s less than most people spend on a holiday)
• How to scale up – grow your account sustainably and responsibly
• How to avoid betting the farm on trades that won’t always go your way
• The no-go and danger periods to avoid when trading
• Drawdowns – how and when to expect and how to manage these
• How to survive catastrophic market events and how I came out the other side of some major unexpected market changes
• How I got fired from my job before firing myself

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