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An Assessment Of Dean Saunder's LMT Forex Formula -- Does The Acronym Stand For Lethargic Market Trader?

Posted by CyberT 



In reality, the "LMT" in the title of Dean Saunders' latest foreign currency software system stands for "Low Maintenance Trading." But the way you hear him explain it, it might stand for "lazy market trader." After two years of "endless hours at the computer... crunching numbers... researching currency... trying to follow confusing fundamentals," Dean at last figured out a way to work as little as possible and make as much as possible. He sought to be able to trade the forex without spending all day doing it. Furthermore, he wanted to be able to make his trades in simply fifteen minutes a day!

What was his secret? Well, to be absolutely honest...automation. And with full human control. But automation and human control with a forex trading system? Is that truly possible? Yes, it is. Well then, how do you do that, you ask? Let me demonstrate. Dean is convinced that automated trading robots can be detrimental for your bottom line. "Trading on their own, robots leave you with little or no control and no idea how it even works." That can be a formula for disaster when you're trading in a fast moving arena like the forex.

What if you could obtain the best of both worlds: automation and human control? What if you could devise a software application to carry out all the laborious, time consuming chart breakdown for you? Things like: checking current long term trends, analyzing an accurate entry point, calculating the exact stop and take profit levels, keeping you in the trend as long as possible, and allowing you to trade with less than fifteen minutes a day at your charts. Now, having software like that might actually be worth it, don't you think?

Dean's LMT Forex Formula is built on automated trading indicators and full trader control. He spent unending hours testing his method again and again before he even opened a live trade utilizing it. He wanted to make sure that it performed the way he had envisioned it functioning. And when he finally began placing live trades, it "made me more money than I had ever seen! It was now finally a bone fide 'system' you could work for less than 15 minutes a day and catch unheard of winning trades of up to hundreds of pips."

With Dean's forex strategy and using conservative investing approaches, you could in effect affirm a profit on every trade if you wanted to. How a person chooses to trade is totally up to them. The system even has an intelligent alert system which informs you which trading positions are more desirable than others. The real benefit is that all of the analysis is done for you, which not only saves a lot of time appraising market conditions, but also simplifies the knowledge base you need to have in order to use the program successfully. It cuts your learning curve, in other words.

If there can be said to be a downside to the LMT Forex Formula it is the actuality that all the trades must be initiated personally by hand. You can opt to either view that as a detriment; or you can see it as an advantage which allows you more direct management over the positions you choose to take. If you follow Dean's approach and do a period of paper trading before taking your trading live, you will gather confidence in the system enough to be able to better prognosticate when a profitable trade is being recommended.

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