(12PressRelease.com) August 15 2010, London LS Trader announced today that they have now launched their brand new LS Forex System. The brand new system is based on the exact same trading principles as the LS Trader System, but this new system has been solely optimised for the forex markets. The LS Forex System trades just eight of the current currency pair that we trade at LS Trader excluding the US Dollar Index.
“The biggest advantage with trading forex is that the markets are so liquid so this means that we can enter the trades with stops without worrying about slippage. The system is similar to LS Trader but as we are only trading 8 markets, it means that we can optimise just on that basis and therefore this means we have different stops and entry prices,†said Robert Stewart who runs both LS Trader and LS Forex System. “As we only trade 8 markets, it means that markets take a larger trade size so this means all markets can be traded and most investors will be able to take most trades without worrying about the minimum size bet.
As with LS Trader, the same financial spread betting tips must be applied. You should paper trade and set up a demo account up. You can do this with various spread betting platforms including Capital Spreads, Paddy Power Trader and Financial Spreads.
Robert Stewart added “One of the most important financial spread betting tips is to use a trading system that works and a system that is robust. It must be have been backtested for a minimum of 10 years. Both The LS Trader and the LS Forex system have been backtested over the last 28 years. The LS Trader system has a MAR ratio if 3.31 and a CAGR in excess of 150%. This essentially means that has a long-term favourable risk/reward ratio of 3.31 : 1, which is really outstanding. The LS Forex System has a MAR of 1.71 and CAGR of just under 100%, which is also impressiveâ€.
The signal process for the brand new LS Forex System is slightly different from LS Trader and the LS Forex System will often enter and exit trades a lot faster than LS Trader. It also has a different position size algorithm that is used. A crucial financial spread betting tip is to open a separate spread betting account for each system so you can keep each trading strategy independent.
For more information about LS Trader and LS Forex System and their technical trading system please visit: www.LSTrader.com and www.LSForexSystem.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