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Old 18-01-2008, 21:51   #302
jwilliamson
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Re: Giving up on Forex. Any last chance advise?

fxtrader - I bought a system that has worked really well in my demo testing. I opened a demo account in early December with a demo balance of 5000USD and since then the account has grown to about 7200 USD and there has never been 2 losing trades in a row.

All you need is Meta Trader 4 (which is free) to run this "expert advisor" they are called. It is easy to install even for someone who is new to forex or the software and it only costs 72.00. Based on what Ive tested it looks like you recover the cost the first two trades at most.

It doesnt trade every single day (overtrading is bad anyways, from what I read) but it usually averages about +20-40 pips per trade (average including all the losing trades) so it may be what youre looking for.

The trader I got is called the Avonko elite 4.3, the website is just avonko.com

Best of luck to you!
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