FAQ's

What should I expect from your service?

You should expect to see consistent profits over the coming months. You will see long term trend trades (few days to a week) as well as short term trades netting only a few pips per trade. Some of the short term trades may turn into long term trades but only after they are in profit and the trend is developing. See the performance history for past trade risk and reward.

 

When should I expect to see trades on my platform?

You could see trades open as soon as Sunday night or monday when the markets are offering a good trading environment. You may see a long term trade that is on while other short term trades are being executed.

 

Why do I need a professional to trade my account?

Well you really don't need a professional if you have all the books and the time to sit in front of the computer some of the day and most of the night depending on where you live. You will also need lots of time to read many of the books that offer only a one additional insight per book where the rest is a all a rehash. Also you will need an edge of the when the banks are making their trades and how they operate that is if you want to stay in the game for the long term.  

Do I have physically do any trading myself?

You don't have to. We have a very good trade copier that executes the trades directly on your meta trader 4 platform. We strongly recommend that you attach it to a demo account to receive a few trades and adjust your risk settings. You may also always have it connected to a demo account and when the trades are executed you can evaluate them and you may choose if you would like to execute them manually.

 

What is Forex?

This is a great question and everyone seems to have this question on their site and I didn't want to feel left out. Forex is definition.

What is Meta Trader4?

Meta Trader4 is a trading platform used by most major Forex brokers. It is the software used by Forex traders to execute trades. Demo accounts are provided by brokers so the user can become familiar with the software before executing live trades. You can find a whole list of them on the tutorials page.


What broker do I need to have an account with?

Yes, Money Tree Fx requires the user to use only brokers that offer the MetaTrader4 platform. If you are trading less than $20,000.00, you will need to use a broker that will let you trade a small .01 lot size.

 

Do I need any special software?

Yes, We will send you a simple easy to use trade copier program that automatically places and expert advisor program on to your meta trader platform. You make a few quick setting changes including your risk and you are finished.This software allows you to receive signals generated by our trader that are sent out via our central server.

 
How are the signals generated?


Once Money Tree Fx is loaded onto your Meta Trader 4 platform, the signals sent from the trader via our central server will execute all orders automatically. This process is completely automated without requiring manual intervention by the user after initial setup. You will maintain complete control over your account and using Meta Trader 4 platform can manually liquidate any existing trades or execute new trades at any time. Should you lose connectivity to the central server, existing trades will be have a hard stop loss with every trade, but no additional trades will be generated until an internet connection is re-established.


How do I connect to Money Tree Fx?


The Money Tree Fx system consists of 2 parts. An expert advisor and a small client application that receives a confirming data transmission signal from the Money Tree Fx’s central server. It is essential that your PC maintain constant connectivity to the internet in order to receive transmissions from the central server and to your Meta Trader 4 application through your Forex broker. Broadband is essential.

 

What if I don't want to leave it running on my computer?

If you don't want to leave your computer running 24 hours a day 5.5 days a week then there is a solution where you can have your meta trader account run on what is called a VPS server.


Are there any restrictions using Money Tree Fx?


Money Tree Fx is licensed for a single user, with one Meta trader account. You may move it from one account or broker to another but can only be connected to one account at a time. This policy is strictly enforced.


Does Money Tree Fx experience Draw Down?


Absolutely. Draw downs are part of any profitable trading strategy. A trader must be comfortable with periodic draw down to trade the forex market.The forex market is not like the stock market where the stock markets best stock moves 8 points in a day. The forex market can move hundreds of pips (points) in a day and doesn't follow support and resistance to the exact degree like stocks. Forex requires room to run into a profit, most people lose there money in this market because they play it like the stock market and put to tight of stops.


What pairs does trade?

EUR/USD, GBP/USD, USD/JPY, USD/CHF and some of the exotic pairs like the GBP/JPY and the EUR/JPY. The pairs with the high spreads are avoided.

 

Are these pairs traded all at the same time?

As a trader I am very cautious of how much risk I have out on the market at any one time. So when I have a long term trade on I only usually leave one on unless it is already in profit. Short term trades on the other hand I may have up to 4-5 trades on at one time looking for the few pips mentioned on the home page.

 

How long are positions held?

Long Term Trades: Few hours to a week

Short Term Trades: A few minutes to a few hours depending on market conditions.


Is Money Tree Fx completely automated?

Yes, once installed, our trader will execute all trades to your platform without any intervention from the user. All you need is to have your computer ON and connected to the internet. However, you always have the power to close any or all of your trades manually at any time.


Is there any guarantee of performance?

Yes, If we don't make at least 200 pips per month we will give you an additional month of service for free automatically based on our live trading performance found on the performance page.


How much should I start my trading with?

We suggest you start your trading using a demo account. This way you get a feel for the system and its performance before trading real capital. Once ready, we suggest starting with $5,000 or more on mini account.

 

We suggest a mini account because of the possibility of the amount of trades that you might have going at one time.  We advise that you only trade using risk capital. Risk Capital is defined as money you can afford to lose. This is true no matter how good a system looks, how good a system performs or how much money it makes. Only risk capital should be used in trading.

 

How do I control my risk?

Built into the signal receiver in the form of an EA is a "risk adjustment multiplier". (See Below for a better explanation)

The default setting is 1.0.WARNING: YOU NEED TO RUN THIS ON A DEMO ACCOUNT BEFORE TRADING LIVE. YOU HAVE COMPLETE CONTROL OF YOUR RISK SETTINGS. WE SUGGEST YOU EVEN START AS LOW AS 0.10 TO BEGIN WITH TO GET A FEEL FOR THE TRADING STYLE BEFORE PLACING REAL MONEY ON THE LINE.

 

Explanation: To help you to understand this we are going to use round numbers. The EA receiver is set at the default of 1.0 .If the Money Tree Fx trader is trading a $100,000 STANDARD account and you have a $10,000 standard account. Each time the trader traded 2 standard lots your standard account will trade 0.20 standard lots.

Money Tree Account
Standard Lot Size
Your STANDARD Account
STANDARD Lots Traded
Type of Account

$100,000 Standard

2.00 Standard Lots

$10,000

0.20 Standard Lots

STANDARD

$5,000

0.10 Standard Lots

STANDARD
Money Tree Account
Standard Lot Size
Your MINI Account
MINI Lots Traded
Type of Account

$100,000 Standard

2.00 Standard Lots

$10,000

2.00 Mini Lots

MINI

$5,000

1.00 Mini Lots

MINI

$2,500

0.50 Mini Lots

MINI

 

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.