Oracle Trader is Out – Grab your Copy Now

Posted on 10. Aug, 2010 by Jakob in How To, Review

Last week there was a lot of buzz about Oracle Trader. Dustin Pass and his team hosted a bunch of webinars and yesterday they opened the doors for Oracle Trader to everyone. Now first of all I should mention that I have received an email from one of my readers, who told me that the trial version of Oracle Trader which you could download for free, did not have the auto clicking feature, hence it could not be used to trade the market last Friday. I was under the impression that the trial version had all the same features as the real one, but it turned out that I was wrong. I am sorry about this because in the mails I have sent out, I have made it seem like you could grab a free trial version and give it a test-run and obviously this has not been possible. I have told you guys that I will not endorse anything that I have not tried and due to my emails, it might seem like I haven’t tried it. However, I have and I know that it works; otherwise I would not be posting or sending out emails about it.

Is it a holy grail?

As mentioned above I have received a bunch of email asking me questions. Now first of all I would like to say that the webinars really did sell it well and I think that they maybe should have focused a bit more on the broker aspect as this is the only “but” in this whole thing. Choosing the right broker is crucial for this strategy to work. But if you do have the right broker, than this is a money machine. What you need to find is a broker with low (fixed if possible) spread around news releases and brokers who don’t execute your trades with a lot of slippage or re-quotes you. A lot of people argue that no broker will give you the opportunity to spike trade anymore, but I have to disagree. Obviously it can be difficult to find a lot of information about this, simply because if too many people join the same broker and use them for spike trading, the possibility will probably disappear after a short period of time. So this obviously involves some trial and error, and moving funds from one account to another every now and then. However, there is some information out there and I will share this in my video about Oracle Trader (which should be done by the end of the day or early tomorrow). One way around this is to use several brokers on every trade. One of my preferred brokers is Oanda and what I have noticed is that they often do give me a really good entry, and they allow me to control slippage with upper and lower bounds. However, every now and then, they don’t fill my entry. But with Oracle Trader you can use it on a total of 12 brokers, so by doing so, you can be pretty sure that at least one of your orders (and most likely more) will get a fill. So yes, this is not without any work at all, but if you are willing to put a bit of time into it, then this is definitely one of the best options out there. Last Friday Dustin made around 200 pips in total from a couple of news releases. Go over and check it out right now, and grab a copy of Oracle Trader.

Tags: Dustin Pass, News Trading, Oracle Trader, OracleTrader, spike trading, Trading Forex

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Oracle Trader is Out – Grab your Copy Now

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