Carry trading + Hedging= $$

[Pwr2Longs]

I’ve been using this subscription software for about 7 months now. I can honestly say that this works. Its 100$ a month for a subscription but allows me to get institutional interest rates and 400:1 leverage (great for hedging…dangerous for directional trading). The software basically tells me how many lots to purchase and tells me what buy and sell limits to set to maintain a proper hedge and maximize the daily swap interest. I’ve already doubled my money and I’m averaging over 4% a month just in interest. I love this trading system because I’m not glued to my screen anymore (especially late at night). All I have to do is reset my limits (maybe takes me 5 minutes a day if a limit goes off) to what the software tells me. I also appreciate the fact that I’m no longer letting my emotions get in the way of my trading, I never worry about my account anymore, and I make money through limits and interest in both bearish and bullish markets. This company does reward referrals so if the mod feels this is soliciting, feel free to delete this post. The software is Freedomrocks.http://www.freedomrocks.com/concept

[mister_doodi]

So "/concept" is your referral name and not a site on freedomrocks.com. Quite deceiving if it's true and I don't know if you intend to do it.

I heard many differnt things about freedomrocks. Some good some bad. Can you tell us basically what freedom rocks does.

[Pwr2Longs]

Ya, my website gets the referral....you can't sign up at freedomrocks.com. Basically Freedomrocks is a hedging system that minimizes risk with correlating currencies, and you get your gains through scalping and swap interest (software tells you how many lots to buy to balance and tells you where to set your limits). I've done searches on Freedomrocks in google and didn't find much dirt on them...they provide a product that works. There are some misleading sites that say that it's a directional trading system and costs alot of money up front (which it doesn't...100$ month with a 125$ startup that includes the first month). They are the only company to offer a free trial with the full extent of their software for 15 days...30 if you email them for an extra 15 days. If you’re sick of chart reading, and watching your monitor, and nail biting this system is great.

[Sheldon]

I'd like to see how their interest rate trades work. The 100 pip 'buy low, sell high' thing sounds like garbage. If only it were that easy to trade, then it might work.

[Sheldon]

Just got a conformation e-mail...

To ensure individuals don't apply for our free trial more than once, please fax (or scan and e-mail) an enlarged copy of your driver's license (or other equivalent ID) to our Support Center at (702) 638-1789, or support@FreedomRocks.com. Please also include your FreedomRocks ID#.

Driver's license? Are you kidding me?

[Pwr2Longs]

Originally Posted by Sheldon

Just got a conformation e-mail...



Driver's license? Are you kidding me?

They just do this so you can't just keep registering as a demo user to use the software. The 100pip example is just for illustration purposes. When the limits are set by the software you are only selling a small percentage of your position to maintain the hedge, otherwise you would be out of balance. At 5:00pm est time is the rollover for most brokers (3pm for GFT) when you will receive your daily swap interest. This is the bread and butter of this system. I found my equity will go up and down, but has a rising trend because of the daily swap and scalps. I've never had 2 losing months in a row. I currently trade EUR/USD, GBP/USD, and the USD/CHF with 10% margin and 400:1 leverage.

[matteagle]

If any trading system worked, why would the makers be in business of selling the system instead of using it themselves?

[amohedas]

Catchy music.

[Jonathan]

Originally Posted by matteagle

If any trading system worked, why would the makers be in business of selling the system instead of using it themselves?

They wouldn't. Anyone selling a system is an automatic scam. Period. No ifs ands or buts. Everyone needs to make their own system. I'm just getting into Forex and developing my own strategies and I'm sure as hell not going to share every detail with you guys. And I like you guys. So why the hell would I sell it to Joe Smoe?

Seriously, if I had such a perfect system that "never loses", I'd just get a giant loan from the bank, because the system is so "risk free" that I can "never lose" and be rich. Sound skeptical yet?

People selling systems realized that they can make more money selling the system than trading it... which means, why the heck would anyone want to buy it?!

Man I just love to rant sometimes. Feels good!

Edit: And I don't mean to rain on anybody's parade. If it's working for you Pwr2Longs, then great. But for the most part, everyone understands what I mean.

[techno791]

That's because investors are unusally greedy and paranoid imo. Most businesses will nickle and dime in every way and always find new ways to make money charging people for stupid stuff. Refilling water bottles with tap water, overcharging you on sale items on purpose until you complain. Celebrities and product placement(they already make money before the product placement) to keep milking it.
But some reason, when investors try to sell things off to the side, it can't be to milk the system, must be something nefarious. Gotta keep it to ourselves even though it's the only vehicle I know of that can make you money, in theory, without large amounts of business loans.

And then of course there are the real scams. But this world is upside down to me. Some of it's backwards.

If celebrities were forex traders, we'd ask why Britney and company needs to sell us Perfume. What, is she broke or something?