Straddle Trader Pro Review - Is Straddle Trader Pro Worth the Price?
Straddle Trader Pro will be officially released on July 11th with several trading demonstrations on live webinar’s being conducted prior to its release. But what exactly is the Straddle Trader Pro? Is it an expert advisor or some other type of trading robot? What kind of results might you expect from using the Straddle Trader Pro? And Lastly, will the Straddle Trader Pro be worth the investment? Find out the answers to all of these questions in our Straddle Trade Pro Review.
What is the Straddle Trader Pro?
The Straddle Trader Pro was developed and programmed by Barry Battista who is one of the founding forex traders at forextradersdaily.com. The Straddle Trader Pro is a combination of forex news trading through a forex news feed and an expert advisor. If this doesn’t make sense to you, let me put it this way. Basically, there are major news announcements for some countries every month, wether it be retails sales, unemployment, or some other economic factor of a country. When the news is released, it will normally push a currency pair up or down depending on if the news was good or bad. Barry Battista, has researched and developed a user interface that will take this news, decipher it, and then feed it into an expert advisor to setup the trades for you.
Now this isn’t your ordinary forex expert advisor. The Straddle Trader Pro will not make trades daily for you as this is not what it is meant to do. It is only meant to trade on certain news releases. Over the years, Barry has determined that there are a handful of good, average, and fair news releases that will cause major spikes in currency pairs. So you’ll only be placing anywhere from 5-15 trades per month.
Some may think that this amount is low, but once you see the spikes that are caused by these news releases and how the Straddle Trade Pro EA handles them, you will see how you can easily make your investment back by trading just a few news releases a month.
Basically, this is how the Straddle Trader Pro works. When a news release is scheduled (which they are always scheduled well in advance so you will know about them), you simply setup the Straddle Trader Pro interface and the Straddle Trader Pro Expert Advisor on the currency pair the news will affect (which all the details about the news release will be provided to you including the currency pair). When the news is about to be released, the Straddle Trader Pro Expert Advisor will set up 2 pending orders just seconds before the news release. One pending order will be for long, and the other for short. Once the news is released and the interface recognizes if the news was good or bad, it will determine which order to cancel and which to leave open as it will know which way the currency pair is going to spike. Additionally, if it determines the news doesn’t have enough impact, it will cancel out both orders and no trade will be placed.
By doing this, the Straddle Trader Pro limits your risk and exposure and only sets trades up for you that it pre-determines will have high probability and profitability.
What Kind of Results Can you Expect From Using the Straddle Trader Pro?
The good thing about the Straddle Trade Pro is everyone’s results should be right in line with the next person. Meaning, everyone’s should be similar. The only thing that can effect results of the Straddle Trader Pro is the broker you choose. When there are large spikes in currency pairs, sometimes brokers have a hard time filling the orders as fast as we want them filled and at the price we want them at, so in some cases there are spreads in the fill price which can eat into profits. However, as long as you use a trusted broker, in the long run, you should not have a problem. And in the case you do have a problem, it is pretty easy to switch brokers and begin using the Straddle Trader Pro on a new account.
But in regards to results, I was provided 2 videos of beta testers who tried out the software with no prior forex knowledge and the results were very interesting to say the least.
The first beta tester only deposited $500 into his forex trading account to start off with and made $405 on his first news trade using the Straddle Trader Pro. After seeing the results, he deposited $1,400 more into his account. On another trade, he made $840 on another single news release. And if those results were not good enough, he had additional trades with profits in the amounts of $360, $2,600, and $1,890.
The second beta tester saw similar results. He started with an initial deposit of $500 as well and saw profit pulling trades to the tune of $210, $205, $203, $216, $1,480, $690, and $380.
Even though these testers saw huge profits, they also did have some losing trades. However, the losing trades are minimized to small amounts, thus keeping your risk level low. Below is a graph of Barry’s last 7 months of trades using the Straddle Trader Pro.
Additionally, below is even more detail on the last 4 months of trading using the Straddle Trader Pro. As you can see, there are a few losing trades, however the winning trades far outweigh them. The bottom line is that the Straddle Trader Pro has never had a losing month and not many legitimate systems can claim that.
CLICK HERE To Try the Straddle Trader Pro Risk-Free
Is the Straddle Trader Pro Software Worth the Investment?
The Straddle Trader Pro will be officially launched on July 11th at the price of $1997. This can be made in full or there will also be a 3-payment option of $832 if you would like to make 3 smaller monthly payments. Now this may seem on the high end to some traders, but let’s break down what you will be getting with the Straddle Trader Pro Training Course.
- Module 1: Introduction to Forex
- Module 2: Introduction to News Trading
- Module 3: Rating the News
- Module 4: Using the Straddle Trader Pro EA Software
- Module 5: Building Your Personal Straddle Trading System for Wealth Generation
In addition to the training modules, you will get the following:
- Straddle Trader Pro EA and Software
- Training Course Guide
- 21 Trading Templates for MT4
- Quickstart Guide
- Premium Members Website Access
- Trade Research Tools
- Unlimited Customer Support
On top of this, below are the additional bonuses that will be limited:
- News Release Cheatsheets
- Mentoring Webinar to Help You Get Started Right
As you can see, you aren’t just given the software and left to do the rest on your own. The training modules are meant to get you informed and to allow you to start using the Straddle Trader Pro Software right away. As a quick comparison, you could expect to pay anywhere from $1997 all the way up to $3999 for a trading course, which just teaches you the fundamentals and maybe one or 2 systems, but you are still left alone to make the trades and stare at charts all day. As for automated systems, you will find that most all EA’s and software out on the market that sell anywhere from $37 to $497 are mostly junk as they can’t handle the day to day market volatility (and all of them trade daily).
As you can see from the results of the beta testers and the overall performance of the Straddle Trader Pro, this software only trades on profitable and proven news releases. As with any system, you will have losses, its just a matter if your overall winning trades outweigh your losses. With the Straddle Trader Pro, at $1997 it is well worth the investment and the great part is, new traders as well as experienced traders can use the software to make big profits from news releases. New traders can use this exclusively to trade while experienced traders can use this to add to their trading tools as another stream of income as it only takes 20 minutes to trade with per news release.
CLICK HERE to Secure Your Copy of Straddle Trader Pro
In the coming days, Barry will be doing some live webinars to demonstrate how the Straddle Trader Works and to show you some live trades the Straddle Trader Software has made and to answer any questions that people may have about the software. Below are the dates and times of the webinars:
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Thursday - Time to Be Announced
CLICK HERE To Register For The Webinar
I’ll be testing out the Straddle Trader Pro software myself on a live account and will be sending out updates regularly to my list, so if you don’t want to take the time to test it out yourself but want to stay updated on how the Straddle Trader Pro Software is performing on a live account, simply input your name and email below:
No Thanks, Take Me to the Straddle Trader Pro Website
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