How Will ESMA Affect My Trades? As of July 30, 2018
Who is Mark So?
Mark So hails from the Philippines. He started Investing in Currencies in 1998 when the USD was still at 32 to the Peso (It has gone as high as 56.50 since then) . In 2000 he started building businesses while buying and selling the USD offline. Today Mark is the Founder and Chief Forex Trainer of Forex Club Asia, the trading club of traders across Asia with more than 6,000 members. He is also the Chairman and CEO of Businessmaker Academy, Inc. A Business, Investment, and HR Training Institution that has trained more than 20,000 Alumni since 2003.
Mr. So is also a frequent guest on ANC, GNN, and Bloomberg where he is regularly invited to talk and share his insights on Forex Trading. His views on Foreign Currency movements are followed by thousands of Investors Nationwide.
What is Mark So’s Unlitrader?
It is a unique trading methodology that Mark developed through more than 15 years of experience in the Forex Market. The Unlitrader style of trading allows forex traders to analyze and trade up to 21 different currency pairs in one go. Through this method, you are able to produce triple digit results in about 48 hours or less.
How is the Unlitrader different from Singletrader?
The Unlitrader Service allows you to trade up to 21 currency pairs all at the same time. You will be provided screenshots of Mark’s trades with exact stops and limits. You will also be provided unlimited access to the Unlitrader software that will analyze the currency pairs you can trade. The Singletrader service is the typical trade copy service where you will trade up to 2 different currency pairs at the same time. It is meant for the more conservative trader. For a more detailed comparison of the 2 services please click here
What is The Unlitrader Software? Is It A Robot or Expert Advisor?
It is not a robot nor an EA. The Unlitrader Software is a stand alone software that analyzes and recommends how many trades you should take based on Market Sentiment, Fundamental Analysis and Technical Analysis. Please watch the video below to get a feel of how the Unlitrader software works:
Please click on video to start playing.
What is Mark So’s basis for issuing directions and trade signals?
The trades whether Unlitrader or Single Trader always incorporates Market Sentiment, Fundamental Analysis, and Technical Analysis.
How much can I win or lose using the Unlitrader?
If trades go well, it can produce anywhere from 300 to 2,000 pips in 48 hours or less. If trades don’t go well and it is not managed properly, it can also produce -300 to -900 pips in 48 hours or less. This is the reason why as part of the service, we will provide you with a Money management calculator so that you incorporate the risks before trading.
What equipment, tools and platforms do I need set up to trade with the Unlitrader?
You just need to have a Trading account. We will provide the rest.
Does the Unlitrader work on any Forex Broker Platform?
Yes, you can use any broker platform of your choice, however just make sure that the broker carries the following currency pairs: EUR/USD, USD/CHF, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, GBP/CHF, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/CAD, NZD/CHF, NZD/JPY, NZD/CAD, CAD/CHF, CAD/JPY, CHF/JPY
Will you provide tutorials on how to use the Unlitrader?
Yes, tutorials are provided. You can browse them here
I’m still quite new in forex, can I already use the Unlitrader?
If you are still new in forex, we would recommend that you start first with the Singletrader. Trading multiple currency pairs at the same time can be a bit intimidating. The Unlitrader is more suitable for intermediate to advanced traders.
I’m a veteran trader who prefers to make my own analysis, can I still use the unlitrader and how can I benefit from it?
Yes. There are easy to follow tutorial guides as well as the Unlitrader Playbook to get started on the Unlitrader using your own analysis.
How much is the Unlitrader service?
The Unlitrader Service is $150 / month. We also provide a 15 day trial service for $69.95. You may cancel at any time however all payments made are final and non-refundable since services have already been rendered.
I’m a Forex Club Asia lifetime member, do I get free access to this, as part of my membership?
As a Forex Club Asia lifetime member you get a complimentary 30 day Alumni Trial. To become a lifetime member of Forex Club Asia, simply go here: http://www.forexclubasia.com/lifetime-membership/
Can I stop the service anytime if I want to discontinue my subscription?
How do I cancel my subscription?
Simply fill up the form HERE (https://www.unlitrader.com/customer-support/) with the subject line: Please Cancel My Subscription. And your succeeding monthly payments will no longer be charged to your account.
How much funds should be in my FX account have in order to use the Unlitrader?
We recommend to have at bare minimum $1,000. However it is preferred to have $5,000 or more to fully maximize the Unlitrader service.
When should I enter my trades?
Trade recommendations are provided on or before 10PM / 10AM China Standard Time (10AM/10PM Eastern Daylight Savings Time) it is recommended to enter the trades within 2 hours after the recommendations. However, if you have your own analysis and timing methods, feel free to experiment on your own.
When should I exit?
Trades usually last from 11 to 48 hours. So if you are already profitable within that time frame you are free to close out when happy. Should the trades not be profitable within that time frame, we will advise you on what the next steps should be.
Should I wait for all my trades to reach their stops or limits?
You can, however, trades usually last from 11 to 48 hours. So if you are already profitable within that time frame you are free to close out when happy. Should the trades not be profitable within that time frame, we will advise you on what the next steps should be.
What happens if there are reversals in the direction of the trades during the day?
As part of the service, we will provide you with urgent and immediate advisories and action steps should those events happen.
If the Unlitrader shows that there are 20 possible trades for a particular day, do I have to trade all 20 currency pairs?
Not necessarily. As part of the Unlitrader software, you will be able to calculate and determine for yourself based on the stops, your risk and your available account balance how much you can trade. A Software tutorial is provided here
If I want to trade only a few currency pairs, say, 6 out of the 20 possible trades, what currency pairs should I choose?
The Unlitrader software will automatically recommend the trades you can make. A Software tutorial is provided here
Can I configure my Trading Platform in the order of the currency pair lisitngs in the Unlitrader?
Yes. If you are using FXCM, please email email@example.com (US Accounts) or email firstname.lastname@example.org (UK Accounts) or chat with them to show all currency pairs available for trading. If you are using other brokers, just make sure that the following currency pairs are available to be traded: EUR/USD, USD/CHF, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, GBP/CHF, GBP/JPY, GBP/AUD, GBP/NZD, GBP/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/CAD, NZD/CHF, NZD/JPY, NZD/CAD, CAD/CHF, CAD/JPY, CHF/JPY
Lot Size Guide Based on FXCM Margin Requirements
If you are using FXCM, as of January 2015 they have increased their margin requirements per 1K lots. To help out all members, please see the revised Lot Size Guide based on how conservative or aggressive of a trader you are. The first guide includes CHF pairs:
*Lot sizes are in $ thousands
If without CHF pairs, please follow this table:
*The Lot sizes are in $ thousands.
Tips to Optimize the Unlitrader?
As soon as you are subscribed, we will provide you with the Unlitrader Strategy Playbook which contains tips and tricks to maximize and experience the full potential of the Unlitrader.
CHOOSE YOUR PLAN
SingleTrader Copy Service
This plan gives you 2 to 4 “copy & paste” trade recommendations based on Technical, Fundamental & Market Sentiment Analysis.
- Copy 2 to 4 trades across 28 different currency pairs every week
- Get week ahead market sentiment forecasts
- Join group discussions
UnliTrader Copy Service
This plan gives you 10 to 21 “copy & paste” trade recommendations based on Technical, Fundamental & Market Sentiment Analysis.
- Get all benefits of Single Trader Copy Service.
- Copy 10 to 21 trades across 28 different currency pairs every week.
- Unlimited use of the Unlitrader & Money Management Software.
- Unlitrader Strategies: Unlimited updates
Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex trading, and seek advice from an independent financial advisor if you have any doubts.