After two months of using LMT forex Formula by Dean Saunders
LMT Forex Formula is a forex trading system developed by Dean Saunders, the 25 year old forex whizkid. LMT Forex Formula is short for Low Maintenance Trading and it’s called so, because that what it aims to do: Make as much money from forex trading with the least amount of work. I’ve recently had the chance to test Dean Saunders LMT program for about 2 months and I have been thrilled to say the least.
It’s a very impressive system and I do have a lot of respect for Dean Saunders and his experience, regardless that he is a ‘young’ trader. Before we get to the actual review of the LMT Forex Formula, let me just take some time to clarify what exactly LMT Forex Formula is. I’ve seen some confusion on other sites about whether or not LMT Forex Formula is a forex robot (Forex Expert Advisor). It’s not! LMT Forex Formula is a forex product that gives you the best of both worlds. You’ve got tracking software, such as those used by robots, and you have signals that tell you when to get in on a trade and when to exit. You do not however get a software that trades for you automatically. Don’t be put of by this, it’s actually a good thing in my opinion. You keep control of your trades and don’t have to worry about your robot losing all your money overnight.
Let’s look at what you get with LMT Forex Formula:
- LMT Forex Formula Manual – 47 page manual explaining his system and showing you exactly how to set it up and apply it. This is the core of your system and it will be your trading ‘bible’.
- LMT Custom Indicators Software – This is the charting and signal software that will let you know when, what and how to trade.
- LMT Forex Formula Videos – Videos showing you how the system works. It really helps to have videos in addition to the manual.
Remember earlier we talked about how LMT Forex Formula was not a forex robot? You are going to do the trades yourself with LMT Forex Formula, but here’s the good part: His system is set up so that it only requires you to spend about 15 minutes a day. Sounds too good to be true? Here’s how it’s done: Regular run of the mill Forex Expert Advisors (forex robots) use what is known as a scalping system, because that’s what they are good at, or least bad at. Scalping is a forex strategy where you make many small trades a day and only hold a position for a short time. It’s a quite stressful method and requires many hours in front of a screen every day. LMT Forex Formula does the exact opposite. It only recommends big trades. In fact LMT Forex Formula only recommends 2-3 trades a week, but those trades on the other hand are not just a few pips but several hundred pips! That’s why you can spend as little as 15 minutes a day and still make big profits. It should probably be called a day trading system and a good one as such. It’s also very easy to do. LMT Forex Formula does require you to do some basic checks before you enter a trade. You have to look at if four ‘checks’ are present when the signal goes of. If they are, then you are good to go.
I hope you have a better idea how LMT Forex Formula works now, but you are probably waiting for the lowdown: Does LMT Forex Formula actually make money, and if so, how much does it make?
I have now traded LMT Forex Formula for over two months and my results seem stable. So far I am on course to make a little over 400% profit per year. That’s $30,000 profit on a $10,000 investment. What’s even more astounding is that I am averaging 84% success rate on my trades. That’s nothing short of fantastic. I really recommend this system. I like the fact that it’s not a robot and that I have control over what happens. It’s also very nice to be able to step away from the computer and not have to worry.
If you want to earn more from your usual Forex trading, Click below to download the Dean Saunder’s Forex Forumla now:
