August 18 2010, London – LS Trader stated today that based on their experience, research and back testing that forex day trading is just not sustainable and that anyone day trading cannot and will not make consistent profits. There has been a massive upsurge in investors and portfolio managers using trend following systems over the last few years and they are starting to realise that trend following system is the only way to make money over the long term.
Robert Stewart, Head of the LS Trader Group added that ”Investors are starting to learn that forex day trading systems are very short term and high frequency in their nature. Day trading is totally random and one cannot assess the market prices each day, and that means short-term movements are random. You could flip a coin and have more success”.
In the long term, forex trend following systems will always outweigh forex day trading systems, and trend following systems like LS Trader incorporate sound trading principles, which are the cornerstone of any long term trading system. The LS Trader system trades stocks, commodities and forex and is a technical trading system, which means it, ignores the actual nature of the market, company, currency or commodity and is literally just based on the bar chart information available.
Robert Stewart added “You need to avoid forex day trading as this is a method that will make you lose your money over the long term. Our approach at LS Trader is based on trend following and over time, this has been the most successful approach that has been used by many fund managers over the last 60 years. It is also important to understand that no one approach can work continuously, and one must be prepared to accept that there will be periods where it fails to work before returning back to normal. Based on our back testing and actual trading results, our historical average at LS Trader lies at over 150% per year and that shows how successful we really are”.
The LS Trader system trades in 43 markets and has been back tested from 1983 to 2006, and has been officially running with actual results since January 2007. The system has received glowing reviews and testimonials across the Internet and is fast becoming one of the most popular trend following systems around.
For more information about LS Trader and their technical trading system please visit: www.LSTrader.co.uk
About LS Trader
LS Trader is a leading financial spread betting information service which provides information on 43 futures markets. The system is perhaps best known for the outstanding returns generated in 2008 where the system produced profits of 1504.1%. The service publishes the trades exactly as and when the system indicates new trades and this includes entry and exit prices as well as portfolio selection and money management rules.
Contact Address:
LS Trader Group
Telephone: + 44 (0) 20 3355 1701
Email: [email protected]
Address: Mayfair House, 14-18 Heddon Street, London, W1B 4DA
