I have a system that is a very profitable automated trading system. I designed it using a programming language and through trading experience. I learned technical analysis and employed it into an automated system. It works, that is if I'm allowed to compete with the rest of the world. But I'm an American citizen----which seems to be a crime these days.
Because of American restrictions in leverage and other regulations; I'm not allowed to compete with the rest of the world as a small trader.
As a result if I were to trade these markets with a live US account, my system would not survive because of the leverage rules that American traders have to abide by. If I wanted to trade these markets with a competitive leverage I would have to leave the country. Most countries don't have such restrictions. The US is limited to 50:1 leverage. Some countries have 1000:1 leverage. Most are at least 200:1, which gives them a 4:1 advantage over American traders. Many are 400:1 or greater. 400:1 is a 8:1 advantage to a trader that knows what they are doing.
It is essential to have the required leverage to trade because of market volatility. It's essential if you are a small trader. The giant banks have no problem since they have massive amounts of money to trade with.. People think leverage is for the big banks, but if small traders are not allowed to have access to this, there's not a level playing field. Many banks are multi-national so it basically hurts small independent people the most. Small US traders are restricted to going offshore---I can only trade demo accounts and not compete with real money.
I can't trade live and compete, even though I have the knowledge to be very successful. I have to trade a demo account from another country and sell my signals to foreign traders who can trade with much greater leverage than the 50-1 that US traders are restricted to. US traders are also restricted to working in and out of a pattern, because if you open more than one trade you have to sell the original trade first unless it is a smaller position. So you are also very limited that way and have to take all that into consideration with leverage, lots, and so forth. You are punished in every way being an independent businessperson.
Here is my Zulu Account history:
Neal Russell Vanderstelt aka Meta Trader Robot
These last 3 trade are an example of what I'm talking about:
My system automatically traded this 3 trades and made a good profit.. Problem is if I had a small account of say 1,000 I would be kicked out of the trade because of the drawdown and not being able to trade the leverage that the rest of the world is allowed to trade with.
Instead of a winning trade, an American small trader would be forced to close the position because of margin requirement and it would actually be a loss while the market is fluctuating.
The patterns work that way.. There's no way to pick the exact top or bottom.. My system can get in every time but there has to be a fair enough chance to work within the volatility of the market which happens at turning points and I repeat there's no way to pick the exact top or bottom.. Non-American traders around the world can benefit from market turning points and make money even if they are of a small account size and work their way to riches.
The US claims to be the land of opportunity, but it is clearly false when you talk about being able to do business, inequality between rich and poor, healthcare, justice, and reality.
Futurist, Vegan Activist, Animal Rights Activist, Environment Activist, Alternative Healer, Businessman, Self Empowerment------ Stop being a slave to food and consumerism! Stop being a slave to negativity and what other people think of you! Set goals and visualize your success!
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