Copy A Forex PRO Signals by Dean has an automated trading solution for you. The trade cloning software will copy all the trades being made by Copy A Forex PRO trader Dean onto your account in real time pretty fast so you don’t have to do much after you have correctly installed the Copy A Forex PRO Software. Dean has been trading forex since 2003 that means 8 years. Dean only likes to trade in major currencies – EUR/USD, GBP/USD, USD/CHF, AUD/USD, USD/JPY and USD/CAD. But he generally sticks with the major currency pair EUR/USD. Dean will be trading his own real money account and sending the exact same trading signals that he will use for his own live account. Here are a few facts about Dean’s Copy A Forex PRO Signals:
1. The average stop loss that Dean uses can be between 20 to 120 pips and the average take profit will be 30-150 pips. The risk/reward ratio will never be more than 1:1.
2. There will be on average 5-10 trades per week.
3. Trades will be made in any trading session when there will be a high probability trade setup and on average a trade can stay open for no more than 2 days. But if special conditions warrant the trade can stay open for more than 2 days. These special conditions can be like the trade is breakeven or if there are chances of making even more pips.
4. Trades will be closed before the weekend starts but in rare cases a trade can stay open during the weekends.
Testing The Copy A Forex PRO Signals Software
When you use the Copy A Forex PRO Signal software you can choose your own risk level by choosing the lot size for each trade. There is a 30 days money back guarantee since this service is being marketed on the plimus platform. So, if you get interested, you can try these signals on your demo account for a period of 30 days. No mention has been made how many pips Dean makes in one month. So, by testing these signals on your demo account for a period of one month, you can calculate the amount of pips you can expect to make with these Copy A Forex PRO Signals. If you find the peformance to be good, you can open a mini account with a deposit of $250 and further test these signals on your live account for one more month. The number of lots that you will be choosing when trading with Dean will depend on the average stop loss that he uses in his trades. If you take a detailed look at the third party myfxbook verified trading accounts of Dean, you will observe the drawdown as 37.69% on the current account and 21.42% drawdown on an old account. So be careful when you calculate the lot size. As said before, your position size should depend on the deposit amount and the stop loss size. If you find Copy A Forex PRO not good, get a refund within 30 days!