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For those who just want to get access to our Amazing Risk Management tool, we have spun it off as a standalone product.

It is said, and we agree, that managing risk is a key to becoming a successful trader. If you are not managing risk in a disciplined way, you are just a gambler and we know how this turns out.

I was quoted in Newsweek many years ago and what I said then still holds true today.

Those who treat forex trading as if they were in a casino will see the same long-term results as when they go to Las Vegas – he says, adding: If you treat forex trading like a business, including proper money management, you have a better chance of success.

…Newsweek International, March 15, 2004ARM solves this problem with an easy to use risk management tool.

What is ARM?

ARM is the same risk management tool built into the Amazing Trader. It works as follows:

  • Pre-set your risk in terms of the % of your capital you are risking on any one trade (e.g. 0.10%, 0.25%, 0.50%, etc.
  • Pre-set your take profit as a factor of your risk Execute a trade (simple as 123):

1. Click on ARM B or S button to setup your trade (Buy or Sell). Stop and take profit lines will appear.

2. Identify your stop and drag either the buy or sell stop ARM line to that level

3. Click the ARM button to execute your trade

4. ARM will automatically size your trade with a stop and take profit according to your pre-set risk and take profit settings.

5. Easy installation with any MT4 chart

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