The OakFx software program minimizes risk by placing many small trades to make regular profits, rather than aiming to make a few huge gains like most other forex traders
For further information visit
www.oakfx.com or contact Phoenix
Forex directly on 0800 273 425
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Savvy Investors Make Money While They Sleep
On the New York Stock Exchange,
over 50% of all trades involve fully
automated trading.
On the foreign exchange markets
which, with US$4 trillion daily volumes,
dwarf the turnover of all the world’s
share markets combined, the ratio is
even higher at over 70%.
These figures have doubled in the
past five years alone.
Automated trading involves the use of
technology to help make investment
decisions and place trades.
The big Wall Street investment banks
like Goldman Sachs and Merrill Lynch
are responsible for much of the trading
volumes on the currency markets.
They have been known to rent
basement space as close as they can get
to the market exchanges, where they
store their ‘black box’ computers that
make the trades.
These black boxes are very powerful
and sophisticated computers that help
the banks make trades. Such
innovations have put most individual
investors at a significant disadvantage.
However, that is about to change
thanks to the launch of a new foreign
exchange trading program called
OakFX.
Unlike many such programs, the
OakFX program is fully automatic,
meaning users don’t have to be experts
on the money markets, or even have the
time to monitor what is going on.
Also, it doesn’t take big risks in the
pursuit of huge returns, which is the
norm in this field of investment.
Instead, it places hundreds of small,
rapid-fire transactions a day, looking to
make tiny but regular profits using a
technique described as “algorithmic
trading”.
The program was developed by a
group of foreign exchange traders who
found that the programs available in the
market place left a lot to be desired and
all required manual control.
Either they required users to have
extensive training, a considerable depth
of knowledge about the markets or
contribute a lot of time watching the
markets.
Figuring there had to be a better way
and using the power of the Internet, a
network of top programmers from
around the world was put together to
produce the software, which has been
under development for the past three
years.
Now OaxFX is ready to launch.
Company spokesman Mark Wilson says
the system has been used with real
money for seven months and figures
had been audited by a prominent firm
of accountants.
“Our results so far have been an
impressive 40% - 60% per annum,
based on a portfolio of $15,000 -
$25,000,” he says.
Thanks to the risk-management
techniques used by the software, only
20% of this portfolio was ever exposed
to the markets at any one time.
The software is able to get such good
results by leveraging the money being
placed into the market.
An investment of $1, for example,
could be used to buy $30 worth of
currency. However, this $30 rarely
needs to be found because the software
closes the foreign exchange contracts
before they are due to be paid.
In 6 to 7 times out of 10, those
transactions are made at a profit.
Once users of the software purchase
the product, they set up an account
with a specialist broker. Funds are in
their name and profits from trading can
be withdrawn at any time.
Wilson notes there are risks associated with foreign exchange trading but stresses the complex algorithms that power the software keep that risk to a
minimum. “In an extreme situation it is possible to lose a significant portion of
your investment capital. “However, we have found that such events are rare and, in the meantime, users can generate a steady tax-free cash flow on a daily basis, simply by switching on their computer and walking away”. The OakFX software has five key features and benefits. By coincidence both carry the acronym HANDS.
“As we like to say, on the one hand clients who buy our software are getting
a High volume, Algorithmic, Nonemotional, Dynamic, Swing-Trading system. Those are the features.“On the other hand, you get a High level of personal freedom,
Automatic trades, No brokerage costs, Daily profits and Superb returns. Those
are quite simply fantastic benefits and we are expecting a high level of demand
for this system once the word gets out.” As a demonstration of its faith in the
profit-making potential of its product, OakFX offers a 21-day money back
guarantee on its product, which retails for around $25,000 (plus trading account).
How is the response of Oakfx company?
I asked for some more information and got a call from one the sales people..By the sounds of the conversations I have had with the team in Auckland it sounds like a rather risk adverse investment does anyone have any comments about OakFx or any experiences they could share with me?
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