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Forex Trading can be very profitable because it's so volatile. Here's How You Can Actually Make |
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The Kissfutures Forex Trading System Review
from Brad Frank Of KissFutures.com
Product Description of the KissFutures.com Expert Advisor
The KissFutures.com MT4 Expert Advisor is an Automated Forex Trading System that trades breakouts.
Developed by Brad Frank, the Expert Advisor is designed to trade the breakout methodology in the KissFutures trading manual. However, as market conditions and behaviors to change, Brad regularly updates the settings on the KissFutures.com EA in the private members only forum.
The great thing about the KissFutures.com EA is that it allows you to configure settings to trade several types of breakouts. You don’t have to stick to trading just the KissFutures Breakout methodology.
Together with the KissFutures MetaTrader Expert Advisor, you get several bonuses in the form of other trading systems that make this package a very decent one.
What you get with your KissFutures.com Purchase:
What You Get With Your Purchase:
- The Kissfutures.com Forex Trading Manual
- The Kissfutures.com Metatrader Expert Advisor
- Interactive Money Management & Lot Size Calculator
- Life Time Access to private member's only forum
- And other bonuses
Visit the Official KissFutures.com Website >>
Product Research on KissFutures.com Expert Advisor
The KissFutures.com MetaTrader Expert Advisor by Brad Frank is quite different from several other MT4 trading systems available. It was designed to trade the simple breakout system in the KissFutures.com trading manual.
Big Wins, Small Losers.
Unlike scalping systems, breakout systems like the KissFutures.com go for less frequent BIG winners to cover the more frequent smaller losing trades. This means that you have to be able to sit through the drawdowns that this particular system goes through.
Handling The Larger Drawdowns
Trading with a longer term perspective is best. By reducing your trading lot sizes, you can minimize the drawdown that the trading system goes through. You don't get huge 100% a month type returns, but a decent return each month should be possible if you manage your trading size right.
Brad Frank has received quite good reviews as a decent honest guy, and he personally drops into the private members only forum quite often. He also participates in the various threads in started by other forum members.
Our Verdict on the KissFutures Forex Trading System:
If you're the type of trader who can sit through a string of losses for those relatively fewer large winners, then this system is suited for you. That's because you understand that 95% winners doesn't necessarily mean it's a better system than one that wins only 40% of the time. It's the end results that count... are you making profits... or not?
However, if you need constant small wins to motivate you and keep you trading, this system will likely "bore" you with it's trading style.
In conclusion, this system uses "smart" money management by going for huge wins and minimizing losses. But it's not for everybody. If you're looking for more frequent wins using a scalping methodology, you may want to check out the forex scalping systems that we have reviewed on this site. Otherwise, the KissFutures.com EA can be a pretty robust trading system.
Visit the Official KissFutures.com Website >>
User Comments and Feedback on the KissFutures.com Forex Trading System
These are some of the comments we found about the KissFutures.com Forex Trading System:
"..V.1.3 seems to deliver what it promises in the back testing I have done, though I did increase the Stop Loss to trade more aggressively... The developer is a very honest fellow--good tech support if you need it..."
Portion of actual user review on forexpeacearmy.com
"Bought this a few weeks ago and so far it has been profitable... it's basically a breakout EA with some added bells and whistles... works okay but drawdown can be a killer with these type of systems. The bonus trading systems are also decent and the entire package is worth the money in my opinion...""
Portion of actual user review on forexpeacearmy.com
"...it was fabulous, and the guy that ran it is top notch. He allowed me a refund (because I was personally not set up for it with the right platform and internet connection) with no questions asked and you couldn't ask for a better administrator..."
Portion of actual user review on forexpeacearmy.com
"...The main trading system he teaches is a simple breakout system that is probably not unique but I haven't seen it anywhere else out there. As the other poster said, the EA is worth the price of this because you can configure it to trade many different breakout systems... use small leverage and small lot sizes because large draw-downs are expected. The seller tells you this in advance so nobody should risk their account on this..."
Portion of actual user review on forexpeacearmy.com
Visit the Official KissFutures.com Website >>
Have you used this product?
If so please leave a comment below.