In addition to this, they claim that Loss Recovery Trader is available in both hedging and non-hedging versions. In other words, when you have Loss Recovery Trader up and running, you are supposed to become immune to losses unlike hordes of other traders who absorb losses in the markets. This developer seems to be a very bright fellow. They use a unique approach of marketing to promote Loss Recovery Trader.
They know that most traders will be convinced if they learn that losing trades in the Forex market is something that can be entirely eliminated. However, the fact of the matter is that losses can be managed or kept to the minimum while profits are being made. But the way this developer puts it matters a lot. Their statement is very misleading, and could also prove to be a challenge when defending this product in the presence of an agitated customer.
But this does not mean that we are endorsing Loss Recovery Trader in any shape or form. What we are doing here is to simply recognize that the owner of Loss Recovery Trader was mindful enough to offer this system together with a training video.
History Shows it Works
This training program is very shallow in content as it teaches things that can be found everywhere on the internet for free. For example, it teaches how to set take profits, and informs on what the optimal Advanced Loss Recovery zone is. In other words, if you received this software alongside the video, you have what it takes to run it straightaway. The developer of Loss Recovery Trader says that this robot is unique in the sense that if you place a trade and it starts moving in the wrong direction, the Advanced Loss Recovery algorithm will be activated.
So the limitations are that not every trading strategy will work with this system. Hedging is a very controversial strategy of trading. Therefore, from the word go, both versions of this system may not be suitable for those who hold various opinions concerning this strategy. After all, most developers say one thing and do another. In as much as this developer says that Loss Recovery Trader solves the problem by making sure that you are not closing your trades early and at the same time letting your winners run for a while, there is no verifiable proof that this system has successfully and consistently implemented this strategy in a live Forex account.
Loss Recovery Trader is owned by Michalis Phylactou. It is one of his most popular products so far. This developer has 11 products which are sold through the Forex Cabin website. The problem is that despite developing many trading indicators and EAs, none of these products have a live trading performance. Loss Recovery Trader does not have an active myfxbook account.
The same applies to all other products that this vendor is selling. This particular developer is only skilled at marketing his products, and two, producing many different kinds of EAs while disregarding the fact that serious traders are into track record as opposed to fancy-sounding expert advisors. Perhaps this is the reason why Loss Recovery Trader has never received any positive feedback from clients who are actively using it.
Of course there are a few reviews floating around the internet with the intent of endorsing it. Disclaimer U. Government Required Disclaimer — Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments.
Trading requires risking money in pursuit of future gain. That is your decision.
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Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product.
It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance. Did you check out our other forex robots?
Advanced Loss Recovery Software: What Systems Work?
WallStreet 2. Forex Diamond EA. Forex Gold Investor. Volatility Factor 2. Forex Trend Detector.
What is Stop Loss? Definition of Stop Loss, Stop Loss Meaning - The Economic Times
Forex Combo System. Grid Master PRO. Smart Scalper PRO. Gold Scalper PRO. Omega Trend EA. Professional Automated Forex Trading Systems. Free Updates All the updates are free in the future. Pay once, get it for lifetime. Automate Your Trading with Expert Advisors An Expert Advisor also known as Forex EA or a Forex Robot is an autonomous computer program designed to automate your trading and free you from having to continuously monitor the market.
It is also necessary to take into account risks, account age and other parameters. It must be remembered that the recovery factor shows the degree of system reliability, but says absolutely nothing about the ability of the account manager to manage capital. How justified would be investing in such an account? As a part of your portfolio which you are not afraid to lose, this will be a good choice. But investing all your money in such a PAMM-account will be very risky, since the manager of this account has great doubts about the knowledge of money management.
Perhaps the manager knows what money management is and consciously takes such a risk, trying to get as much profit as possible. But in this case, investing in such an aggressive account will be no less risky. Thus, the following conclusion can be made: the recovery factor should not be the only criterion when selecting a PAMM account for investing. But its importance for assessing the degree of reliability of the trading system is second to none.
2 Replies to “Loss Recovery Trader Review – Scam or Revolutionary?”
All novice investors should know how to correctly apply the analysis of Leverage indicator when selecting PAMM accounts for their portfolio. First, recall the definition of leverage used.
Leverage is the ratio of the nominal volume of open orders to the amount of funds in the account. Is it a lot or not? It is impossible to unequivocally answer this question, since the value of leverage itself does not mean anything. That is, if one account has a leverage of 10, and the other has a leverage of 30, this does not mean that an account with a large leverage has 3 times higher risks than another.
Therefore, the dynamics of leverage in relation to the dynamics of profitability of the analyzed PAMM accounts is what interests us most. Studying the leverage schedule gives quite a lot of important information about the working style of the manager of the PAMM account. For example, you can see how many orders the manager opens, when exactly they are opened and closed.
But, first of all, the analysis of the dynamics of the leverage serves to assess how quickly the account can be drained, that is, to assess the risk measure when investing in one or another PAMM account. Quick drain signals about trading without Stop Loss in general and the Martingale system in particular. Of course, trading without a loss limit has the right to life, but the investor must clearly be aware that such an account in the event of a strong price movement can turn to zero. Therefore, if you want to be an investor counting on long-term profits, and not a casino player, you need to learn how to recognize PAMM accounts that use trading without loss limitation.
So, how to determine an account that is traded without loss limits? This is when the price movement in the direction of an open order that is not favorable for us increases the loss. The manager, however, expects that the price will turn around sooner or later and go in the right direction.
The problem is that it can turn around even when the account is liquidated, because there was not enough deposit size. Or, the value of the currency pair exchange rate can go so far that its return to the breakeven point can be expected for years. On the leverage chart, such a trading method is displayed as follows: simultaneously with an increase in profitability, the size of the used leverage increases.