In the present day, you will find that the Forex market has evolved in several ways. One of the ways that has remained consistent in Forex is trading on the news live. Trading on the news is one of the most efficient methods of trading. The development of Oracle Trader has made this platform of trading even easier. The technology has been worked on for many years, making its release something that people have been waiting for. One of the most astounding facts is that this platform has not recorded a loss for the past half a decade.
One might wonder why they need this software. This is software that will change the way you trade Forex in a positive way. In the past, making money through Forex trading was almost impossible. This was attributed to the fact that the platforms people used were complex and hard to understand. With Oracle Trader this has changed. The software comes with guidelines that show you how to use it. These guidelines are simple to understand and current users are reporting a lot of success in using it.
The platform that the software uses is Forex news trading. The reasons behind the use of this platform are several. For starters, one will not have to worry about the indicators that appear on your charts. This is attributed to the fact that news trading is always based on price action. This means that a user will only need this software and a Metatrader platform. Once one has equipped themselves with these two items, you will be on the way to making profits while trading Forex.
Having this information will give you the confidence to get the software. The steps that are needed to get Oracle Trader are quite different. There are two ways that you can go about it – the first method will be to search for it on the internet. You will get different sites that offer the software at different prices. The second step will be to go to sites that deal with Forex news trading, which have options on where to get the software. After a few trades, you will find that you will have recovered the money that you used to buy the software.
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How’s the review of Oracle Trader coming along? It hasn’t been a long time since you started your review so I understand if you’re not making comments yet but I thought I’d ask anyway… Thanks… J
DON’T BUY THE ORACLE TRADER TILL YOU HAVE READ THIS
THE ORACLE TRADER FIRST OF ALL IS ONLY A HALF OF THE PRODUCT YOU NEED WHAT I MEAN BY THAT IS
IT DOES NOT AND WILL NOT FUCTION OF IT’S OWN AND THAT’S THE DIRTY LIL SECRET
THAT YOU LEARN AFTER BUYING IT IT’S ONLY 50% OF WHAT YOU ACTUALLY NEED TO MAKE IT FUNCTION
THE MOJORITY OF THE SUCCESS OF THE ORACLE TRADER DEPENDS ON THE BROKER LETTING YOU IN THESE TRADES
DURING NEWS EVENTS AND GIVING YOU A DECENT PRICE AT WHICH BROKERS ARE NOTORIUS AT RIPPING YOU OFF
DURING THESE EVENTS IT IS OUT RIGHT SCADDLEOUS THAT SPREADS INCREASE 20 OR 30 RIGHT B4 THE EVENT
SO FAST YOU DIDN’T EVEN NOTICE TILL YOUR IN AND TOO F**KIN LATE NOW CHUMP NOW YOU PAY THE REQUOTE
THE SPREAD AND SOME BROKERS PLATEFORMS FREEZE DURING NEWS EVENTS NOT EVEN LETTING YOU OUT
WHEN YOU HAVE A PROFIT ALL THESE THINGS ARE NO WHERE IN THE ADVERTIZMENT OF THE ORACLE TRADER SO DONT EVEN BUY IT TILL YOU FIGURE OUT YOUR BROKER ISSUES GET THE DEMO WITHOUT AUTOCLICK FREE THAN OPEN BROKER AND PLAY
WITH PENNIES TILL YOUR SURE OF EXUCUTION AND ANOTHER THING HOW CAN YOU TRUST ANYBODY WITH NO CUSTOMER SERVICE NONE THAT BULLSHIT OF LIVE CHAT DOESN’T CUT IT DONT SETTLE FOR NOTHING LESS THAN
PHONE NUMBER CUSTOMER SERVICE LIVE PERSON , THE ORACLE TRADER COST $2400 FOR THE YEAR AND THAN WILL COST YOU $300 A MONTH AFTER THAT $300 A MONTH DID YOU HEAR ME SO YOU BETTER BE USING SOME LOT SIZE JUST TO PAY FOR THAT THERE MAKING MONEY ON SOME SORT OF AFFILIATE PROGRAM NOT ON THE PERFORMANCE OF THE ORACLE TRADER SO I WENT WITH THE 3 PAY METHOD YOU WOULD THINK IF IT COST $2400 A YEAR $800 WHICH WAS MY FIRST PAYMENT WOULD COVER AT LEAST 3 MONTH? GUES WHAT NO! AFTER THE FIRST MONTH WHERE I RAN INTO ALL THESE ISSUES AND NEVER ENTERD 1 TRADE WITH YES 3 BROKER MIND YOU AND STILL LOOKING FOR THE HOLY GRAIL BROKER
THEY CUT ME OFF THE AUTO CLICK I CONTACTED SUPPORT YES SUBMITTED A TICKET ASKING FOR A EXSTENTION SEEING AS I DID PAY $800 AND AM BEING ABSOLUTLY INGNORED SO HERES THE MATH YES THERE’S ABOUT 30 NEWS EVENTS A MONTH THE PROFIT CENTER OF THE ORACLE TRADER IS ONLY OPEN FOR ABOUT 10 OF THOSE OF THOSE 10 ONLY A FEW MEET THE SAFE DEVIATION TRADE ON THE ORACLE TRADER OF THOSE FEW WHICH IS ABOUT 5 YOUR BROKER BETTER LET YOUR F**KIN ASS IN HA OF THOSE 5 MAYBE 2 OR 3 YOU’LL GET IN HOPE THOSE LOTS ARE BIG TO MAKE A PROFIT AND PAY FOR THIS SHIT UNLESS YOU HAVE A DYNOMITE BROKER THIS IS NOT WORTH WHILE SO IT WOULD BE MORE HONEST FOR THE ORACLE TRADER TO ALREADY HAVE A LIST OF BROKERS SINCE THIS IS WHAT THERE OWN SOFTWARE DEPENDS ON SO CRUTAILLY AND YES I HAVE SEEN THERE BROKERS THESE ARE THE ONES THAT HAVE BEEN FAILING ME THINK OR SWIM/FXCM/GAIN CAPITAL/FOREX.COM/FXDD/ SO I HAVE TRIED MULTIPAL BROKER
Here is my two cents worth on Oracle Trader after being solicited again on my email from another Forex advertiser. I have had Oracle Trader since last summer. Spent the $2470, which is for one year, and sorry NO REFUNDS! So, love it or hate it you are out big bucks. First couple of trades I screwed up, user error and didn’t make any money. If you buy be careful of medium trigger and safe trigger. You can’t set only medium but must have safe trigger as well, it is explained but it wasn’t driven home enough for me, ended up costing me lost opportunity.
First trade I got right, I made about $360 in about 45 seconds or so! I was excited and high as a kite that day. I thought wow, this is great, I finally found a great program. Well, not so fast. The next trade it entereed me in went my way then quickly against me and I lost about $50 or so. Okay, you can’t win them all.
I live on the west coast. Most trades, which you will know in advance, occur either 1:30 am my time or 4:30 or 5:30. I don’t know about you, but I am normally not awake at these hours. To trade, I would set an alarm for about 30 minutes prior to trade, try to wake up a little, fire up the computer and set up the trade. Dustin would come on in the Live trade room and talk you through the trade which is nice to have. Now the bad news.
I wish I kept track, but there are numerous trades in which the Oracle Trader’s parameters or deviation is not met, therefore NO TRADE! Yeah, its great not to lose money, but how many times do you want to get up in the middle of the night and have nothing to show for it. Believe me when I tell you it was quite often, way more no trades than actual trades, and frankly, despite being out the money, I have lost a lot of my enthusiasm!
Now, if you live in a part of the world, like in Europe, where the trades occur at more reasonable local times then this would be a great advantage. But, now you have to overcome a $2470 debt. And Dustin is constantly telling people to use quite low leverage in most if not all the trades, such as 4 to 1 or 5 to 1, etc. In other words, if you have a $5000 account to leverage only up to $15000 this would be 3 to 1. If you don’t understand this concept do some homework on this. Currently brokers offer 50 to 1 leverage meaning for every dollar you put up they put up a total of 50. So, in our example you would actually put initially forward $300 to have $15000 in the market, giving you a total exposure of $15000 or 3 to 1 leverage. I am explaining this for one reason. You need to earn $205 each month just to break even! And if you are only trading low leverage on a small account all I can say is good luck, because you will need it!
Yes, there are good trades, like I read about one just this morning. But there are lots and lots of no trades. How much sleep do you want to lose over the next year? Is your sleep worth something, mine is. I don’t mind getting up for a reasonably good chance to make some bucks. But my advice is don’t be in a hurry to spend the money. Get the free program, watch the live trades, get up in the middle of the night, see the number of nothing trades, and decide if it is worth it or not!
There are other news trades that they don’t have a live trade, but you have to set your own triggers and research it. Can it be done, sure and some are doing it. I haven’t but this is available.
Bottom line. Unless you really want this and willing to work at it and love being up all hours of the night and have a larger amount of money to play with, don’t give these guys another 2 and half grand!
Dan is not my real name as I’m not sure I can trust that I won’t be sent a ton of ad’s but I do want to thank you for your insight. Have had some experience in the forex arena I can tell that your comments are legit. Thanks again
You won’t find out until you have purchased it …. But I have tried to make it work for 6 months and have yet to make a trade. Why you ask….well here is what they don’t tell you……..I have not heard anything from them in at least a month even though I am supposed to have access for 1 year.
1. Brokers have the ability to not fill a trade and that is what most due during an announcement. I know you see them make great trades on the demo…but
2, They recommend you have 4-6 brokers so you can hopefully get filled on one.
3. Also be prepared to continue to open and fund new accounts when you discover the ones you currently have wont fill you… Mean while time is slipping by and you are not making any money…. oh well Dustin is doing ok … he has your money.
4. Many trades don’t meet the qualifications so they don’t even trigger.
This is a big loser.
Why buy Oracle Trader? My friend was a forex broker and he is a trader too. He said the concept of Oracle Trader worked okay pre 2009. Not anymore as the markets have changed. You will get whipsawed left and right, spreads can widen no matter if you are using a DD or ECN. Besides, he created the same EA from years ago and will give it to you free. Not sure if i can give his email address out as his website seems to be down. It’s exforexbroker.com. I heard this software has a new, better one out called straddle trader pro, but im sure my friend will say the same thing about this too. Just ask him youself. Ask him about Fapturbo and many other EA’s that are plain rubbish (all marketing crap), i was a fan of fap turbo when this guy was a broker and we became good friends after he left the brokerage business. I trade manually since then and would not have been trading at all now if it was not for him. Great guy!