Thursday, July 5, 2007

Automated Trading System

Went for the automated trading system briefing yesterday night. It is a system that does all the tradings for you. The past returns is between 3-5% per month, or 10-12% per quarter.

The director of the company was the one who gave us the briefing yesterday. Hw went on to explain the kind of strategies used in this automated trading system and why they are relatively safe trades. The system is designed in such a way that it will only close each trade when it hits a certain profit target. There are only rare occasions when this cannot be done (e.g. slippage) and hence results in a loss.

Personally I view this as a good investment opportunity and have signed up. After all, this is an opportunity opened only to the course students. ;)

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