Robot Trading Mentorship

Welcome...

I will be adding a new training module every other day beginning 09/15/22.

I will be revealing all of the robots I use, new robots coming out, settings, and manual strategies that compliment the automated strategies.

This Module will grow exponentially over the next month or two and I know what I show you will get your creative forex juices working overtime - looking forward to sharing with you and getting you involved in this advanced forex process.

Terry Lamb

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Stay tuned and see announcements weekly for new trainings/modules being added.

I envision the future of trading, whether it be Prop firm trading or trading your own live account to be this...

For full control you need to own and run the robot / automation on your own - limited or few feeds.

That entails a whole other level of understanding - and investment in robots plus the ability to set them and run them proficiently - this requires the mastermind level of training.

I will be building out this section/module along these line however; the time and education requirement also requires a high price tag.

More to come on this soon.

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Contact me to discuss specifics as they relate to your personal level of experience in forex.

Prop (Proprietary) Trading is simply the process of proving to a prop firm via an "evaluation" of your trading skills that you can trade consistently and earn a set amount you can trade and profit from (up to 90%+) of your earnings on an account anywhere from $5K up to 4 Million Dollars.

The goal is to trade profitably within set parameters, giving you a set max daily loss, an overall set loss and of course a minimum profit amount during the evaluation process which is typically 2 steps: One is a 30 day evaluation and then a 60 day or second eval phase both with set parameters to stay within for the trader.

My goal is to help you navigate the process and provide trading "feeds" that make passing he evaluation and overall trading process easier.

In these classroom modules I'll cover the feed(s) available, how to use them to pass your prop firm evaluation and ultimately trade a live account.

Action items

Test and practice with your chosen feed and account size/leverage until you get proficient at staying within prop firm limitations.

Prop (Proprietary) Trading is simply the process of proving to a prop firm via an "evaluation" of your trading skills that you can trade consistently and earn a set amount you can trade and profit from (up to 90%+) of your earnings on an account anywhere from $5K up to 4 Million Dollars.

The goal is to trade profitably within set parameters, giving you a set max daily loss, an overall set loss and of course a minimum profit amount during the evaluation process which is typically 2 steps: One is a 30 day evaluation and then a 60 day or second eval phase both with set parameters to stay within for the trader.

My goal is to help you navigate the process and provide trading "feeds" that make passing he evaluation and overall trading process easier.

In these classroom modules I'll cover the feed(s) available, how to use them to pass your prop firm evaluation and ultimately trade a live account.

Action items

Test and practice with your chosen feed and account size/leverage until you get proficient at staying within prop firm limitations.

Prop Firm Login Specifics: VIDEO

In this video I show exactly how to log into your prop firm account assuming you have been demo trading with the copy trade feed you want to use with your prop firm evaluation or live account.

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Practice trading within your chosen prop firm account size limitations and then transition to an evaluation account.

I want to get this real world trading technique I use to make huge sums of money and pass prop firm evals in one trade.

You can learn this "RSI4 Trading Strategy" in the "Forex Trading Workshop" here at FX University (see direct link below).

Essentially I am manual trading using the RSI4 indicator and also a moving average line on the chart just to see direction visually (up or down).

I enter at either the top or bottom of the RSI4 at 85%+ or 15%- : and I set a tight "set break even robot" expecting the move to continue and not have the price retrace and hit my break even stop loss. If the trend continues and I chose the proper entry then I add trades with the same "set stop to break even" and get all trades to get to break even, and I keep entering the trend on the way up or down and if and when it turns it starts hitting my break even stops, or I manually get out of all of the trades at a high profit assuming the trend continued.

What am I saying here, I'm entering using the RSI4 and either the price comes back to hit my break even stop or it trends and I profit massively; typically enough to pass a prop firm eval in one trade.

Yes I'm talking manual trading HOWEVER guess what, there is a robot that will do this with slight manual intervention or some set and forget settings (i.e. time of day window trading).

*SEE my robot recommendation link below called the Tradeable RSI and you can get access to the full functioning robot that does exactly what I describe above.

Engage in the comments if something is not 100% clear on this.

Resources

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Practice this on demo: also see "The Forex Trading Workshop" and I'll be sharing some automated tools to help you trade this way soon. OR automate this process using the link above to get the full robot version of the Tradeable RSI EA.

VIDEO: CLICK HERE

In this video I'll show a news event that blew out an account and how to avoid trading during news events.

Resources

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Set a daily plan to look ahead at the next days news events and turn off trading during "red" folder events.

VIDEO: CLICK HERE

Introducing the "Trend Trader" robot - full details in the video; link to get this robot yourself is below.

Resources

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Install this robot on a demo account and get proficient with your results.

VIDEO: CLICK HERE

See what happens the next day after our demo settings in the intro video and get an overview of when to intervene and make trading decisions with this robot.

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Force the robot to start trading and get comfortable with the settings and intervene to increase your chances of profit.

VIDEO: CLICK HERE

WOW! is all I can say about this ultimate "trade management" robot.

In this overview I'll show you the simplicity of actual set and forget trading.

Resources

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Purchase this immediately - this is the best I've seen yet.

Profit Retreiver: Strategy Settings

Profit Retreiver: Price Level Gaps

Right now here are MY most profitable Settings I'm running (see image below). THIS is my 10 pip scalping method (using a 50k account) however if you have good RSI4 entries, you can use this lot size with almost any account size.

VIDEO: CLICK HERE

I believe this is my final forex trading iteration and what I'll be using moving forward.

Take this in and implement this; it's going to be amazing.

Resources

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Purchase the robot and alert indicator immediately and begin implementation.

WARNING! if you choose to run the PR robot on different charts (currency pairs) at the same time on the same account you MUST have a unique "magic number" on each robot; DO NOT RUN THE ROBOT WITHOUT ITS OWN UNIQUE MAGIC NUMBER. ALSO: if you remove the robot from a chart due to taking a loss or manually shutting it down, when you put the robot back on the chart to take the next trade, IT MUST HAVE A NEW/FRESH MAGIC NUMBER or the robot will begin trading/calculating based on the last manually shut down or bad trade.

Loss Warning! During Market Close / High Spread

WARNING!

The Profit Retreiver robot will take a loss if: a trade is in play during the 5pm Eastern NY close and the Asian open when spreads are very high.

Solution: IF you are in an open trade (or trades) during the 5pm Eastern NY close, you should remove the robot from the chart "temporarily" due to the spreads going way too high; then put the robot back on the chart as spreads come back to normal, probably around 7pm Eastern.

HOWEVER, you must remember to put the robot back on the chart with the same magic number as it originally had OR the robot will begin entering new trades instead of managing the one(s) in play.

THIS IS HUGE - or you will take a loss due to high spreads manipulating the alogrithm.

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PRACTICE THIS.

I'll be going into detail on how I use this robot in the near future however you would be smart to get this, this is a great day trading scalper and I use it when manually entering and letting the robot manage for me.

Resources