Professional Trader Ltd

Over 95% of institutional money is now being traded using mechanical trading systems or fully automated algorithmic trading systems. Nearly 90% of Private home based traders use discretionary trading techniques. Approximately 95% of home based traders lose money in trading whilst most institutions make money in trading. The importance of these statistics should not be lost on any of us! Our opinion at Pro-trader is that  we believe that home based traders are missing a trick if they do not at least look at mechanical trading systems or better still using fully automated algorithmic trading systems. This is especially the case when traders start trading the E-mini futures contracts.  So what is the difference between a discretionary trading system and a mechanical trading system. There are a couple of short videos on our website demonstrating the difference but essentially a discretionary trading system requires a degree of individual judgment in making the trading...

Which is the best Forex trading strategy to use ?   The problem that those that wish to learn to trade Forex have is that there are   literally thousands upon thousands in of trading strategies to choose from. However they fall into just a few main categories with respect to the underlying concept that they use. So whilst there are many individual trading strategies there are relatively few concepts that have consistently proved to make traders money over the years. Those Forex trading strategies that have proven historical track records are clearly the ones to look at first. If you are looking at algorithmic trading systems then because of their nature it is relatively easy to demand their results histories to verify performance – and you should do exactly that.    Probably the two most popular trading concepts are the concepts of breakout trading and bounce trading or mean reversion trading. With most beginners that want to learn Forex trading or learn to ...