Friday, January 1, 2010

A Review of Dan Steng's All About Automated Forex Trading

Well my fellow "Forexers," I am actually delighted to write this review of seasoned Forex expert Dan Steng's guide, "All About Automated Forex Trading."

Most of you already know from my other reviews -- before my computer crash that is -- that I am very tough on Forex resources.  There aren't many that I recommend, and if I do recommend something, you better pick it up, because I don't just endorse anything.  Many Forex resources out there are just rehashed fluff that doesn't really get to the bottom of the issue.  In fact, there are VIRTUALLY NO GOOD RESOURCES ON AUTOMATED FOREX TRADING!


Not so with this guide . . . this is superb!


Steng's guide here is an exception to the rule here -- highly informative, and no stones left unturned.  In short, A++, but read on for my full review.

Before I dive into the material that is covered in this highly recommended, excellent guide, I want to first start off by telling you who Dan Steng is actually writing for with this new eBook.

Dan Steng, by his own admission, is an old man.  He does not know computers well, and you can tell he doesn't know all the jargon either.  He's just a typical guy who felt he had to either learn automated Forex trading, or get out of the business.

The best thing though is that Steng had an extensive background in Forex trading before automated Forex became popular, and he used this background and applied it to his automated trading software.

Steng writes this informative eBook to:

  • Traders who may be too chicken to get into automated trading
  • Traders who may have given up and failed in automated trading before
  • Traders who think that ALL Forex software does not work(not true at all!)
  • Traders both seasoned and beginner
In other words, EVERYONE can benefit from this excellent guide, even if you are brand new.

Steng goes great lengths to point out the misconceptions about automated Forex trading, and he does not shy away from telling you what the disadvantages are.

In fact, this has got to be the most honest guide I have ever read on the subject, and he lives up to his promise of telling you the things that Forex experts DO NOT want you to know about Forex trading.

I first read this guide in its original form before the recent update some years ago, and I thought it would be garbage.  I was so used to being told the wrong things to do that I developed the wrong attitude.

But, after I read this guide, I started finally succeeding in automated trading.

I wasn't blaming the programs, the market, or the experts anymore.  Not that this happened overnight, because it didn't.

What you will learn in Steng's guide:

  • Why Most People Fail In Automated Forex
  • The Deadly Sins Many Traders Commit in Automated Forex
  • Why Automated Software Is Not All You Need
  • What Desktop and Web-Based Systems Are -- Get The Wrong One and You're Doomed
  • Why Letting Your Software Do All The Work Is The Biggest Mistake You Can Ever Make
  • . . . And More . . . 
I don't want to spoil this any more for you, other than to tell you that you need to go to his website and download All About Automated Forex Trading Now.

You also get The Ultimate Forex Glossary and 10 of his selected articles absolutely free with your purchase, plus unlimited access to his email tips on automated trading which ARE NOT in the book.

This guide and its accompanying bonuses come highly recommended, and no one interested in or involved in automated Forex trading should be without this.

In short, get this guide now to enhance and improve your trading -- or else automated trading is going to get you in the long run.





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