An Evaluation Of Dean Saunder's LMT Forex Formula -- Does The Designation Represent Lethargic Market Trader?



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 tell it, it could 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 discovered a way to work as little as possible and profit as much as possible. He demanded to be able to trade the forex without spending the majority of his time doing it. Furthermore, he wanted to be able to make his forex trades in only fifteen minutes a day!

What was his secret method? Well, to be utterly honest...automation. And with complete human control. But automation and human control with a forex trading system? Is that actually possible? Yes, it is. Well then, how do you achieve that, you ask? Let me demonstrate. Dean thinks that automated trading robots can be bad 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 recipe for trouble when you're trading in a fast moving arena like the forex.

What if you could get the best of both worlds: automation and human control? What if you could devise software to accomplish all the labor intensive, time eating chart calculations for you? Things like: checking current long term trends, determining 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 access to 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 endless hours testing his formula again and again before he even made a live trade using it. He wanted to make sure that it worked the way he had expected it functioning. And when he finally began opening live trades, it "made me more money than I had ever seen! It was now finally a successfully tested '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 cautious investing tactics, you could as good as assure a profit on every trade if you wanted to. How a person decides to trade is totally up to them. The system even has an intelligent alert system which informs you which trading positions are more advantageous than others. The real benefit is that all of the analysis is done for you, which not only saves a lot of time assessing market conditions, but also simplifies the knowledge base you need to have in order to use the program successfully. It reduces your learning curve, in other words.

If there can be said to be a downside to the LMT Forex Formula it is the fact 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 develop confidence in the system enough to be able to better prognosticate when a profitable trade is being recommended.


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