Expert advisors making 8,000% per annum.Forex automated trading championship

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By MQLPRO

Metatrader forex championship.The top automated championship participants for 2008 are expected to make an equivalent of 8,000 % per year, recession or no recession. Each of the five winning participants started with $10,000 and each participants' software will trade automatically and has made over $100,000 in over 10 weeks, equivalent to 1,000% or an annualized 8,000 %.This is possible if you have great software for trading currencies. Most of the amateur participants lose money. http://championship.mql4.com/2008/users

Most of the winners may be lucky and may not perform well in the future. Click on the link and see the proof! Competition finishes on 26 December 2008.Top software is competing for top prize of $40,000. The top few are making over 1,000 % profits from 1 st October 2008.They started with $10,000 each and now have over $125,000 each.

http://championship.mql4.com/2008/rules

Professional quality expert advisors

http://hubpages.com/hub/Forex-TSD-expert-advisor-scam

Championship winners tend to use high risk short term strategies , that may fail in the longer term.2007 winners performed miserably in 2008 and winners of previous years failed in 2007 and 2008.A few set up private forex funds which did eventually made losses.Trading for consistent profits requires robust and reliable systems and anyone can develop robust expert advisors and enter the championship. http://hubpages.com/hub/Metatrader-Expert-advisor-automated-trading-system-development

Here is an example of a fund manager who won a stock market championship and set up a  investment fund.

http://ftadviser.moneymate.com/manek/investmentmanagement/5MG/history











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