PSI TECH Develops a “Money Machine” Robot to Trade the Financial Markets Automatically
by Dane Spotts
| Last Year PSI TECH announced the formation of its TRV Trading Club where members use TRV (Technical Remote Viewing) to predict and trade the foreign exchange/FX (spot currency) markets. One of the dreams of club members since its formation has been the development of an automated trading system that utilizes the remote viewing data to predict trends, entry and exit times, and then trades the market automatically.
Imagine spending 30 minutes a day doing a TRV session then programming your trading robot to follow the market on your computer and when the real time chart matches your data it automatically opens a position, follows the trend and gets you in and out of the market in the most profitable manner. |
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For those of you who have traded stocks, commodities, or FX, you know there are basically two types of traders: Technical Traders that rely on indicators based on mathematical models, and fundamentalists who trade off of news and market fundamentals, like supply and demand. TRV traders take a completely different approach to trading by using only remote viewing data to predict the market. A TRV trader will remote view the direction of the market a few hours in advance of the trading window, and then open positions based on the data.
(For more information on how remote viewing works click here.)
Remote Viewing the future direction of the market can be extremely accurate, but up until now it still required manually trading the data. In other words, you pretty much had to sit in front of your computer screen and wait for the entry times (based on your TRV data) to open a position, and then exit the market manually or on a fixed amount of profit. And because most trading takes place in the middle of the night, staring at a computer screen at 3:00 AM each night can be hazardous to your marriage and day job. (The FX market is open 24 hours a day but most volatility occurs when the London markets open each morning.)
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There was an even more serious problem though. Even though the TRV data was accurate 85% of the time, because of personal psychology, the Trader would often not follow it or execute it correctly. This is not uncommon because it can be terrifying sitting in front of a computer watching the market dip and spike causing you to enter the market too soon or get out too early, along with doing dumb stuff like chasing the market after a breakout. Because you are sitting online watching the market go up and down-seeing your account gain and lose with every tick-there is a tendency to make mistakes based on personal psychology (fear or greed). Sometimes minor mistakes turn into whoppers by trying to correct errors that you made. I know this pain firsthand having lost many thousands of dollars doing stupid things and not following my TRV data.
My quest this last year was on to create an automatic trading system: a sophisticated computer robot that would execute remote viewing data precisely and would not enter a trade if the data was wrong.
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After six months of TRVing the optimum platform methodology along with thousands of hours of trial and error trading mock accounts and live accounts, PSI TECH and the TRV Trading Club have just released the first ever trading robot (”bot”) of its kind. Called the PhantomTraderâ„¢ it combines technical trading methods with TRV data to automate the entire online trading process. I could bore you with the details of the many sleepless nights spent creating this thing, but instead let me describe how a typical trade works using it.
A few hours before the trading window opens the club member logs in at http://www.psifx.com—the Club’s website-to get their TRN’s (target reference numbers) for the night’s trade. They do their session just like every other night; following the specific TRV trading protocols. They summarize their data and post it in the members-only section of the website. 30 minutes prior to the trading window opening, each member dials a special conference call number and checks in and gives a brief report of their analysis for the night. Each member then corroborates their personal TRV data, develops their own personal strategy and enters the trading parameters into the PhantomTraderâ„¢. Then… and this is the most important part… the trader walks away from their computer. The trader bot follows its programming instructions precisely and enters the trade without any personal psychology interfering and messing it up.
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The PhantomTraderâ„¢ bot is attached to a live trading chart on each members computer. The trader can trade one currency pair or multiple currencies. The trader programs their own bot based on their desired level of risk. They can set the stop-loss parameters and program it to trade conservatively, or use a more aggressive trading strategy. Even though the PhantomTraderâ„¢ is a sophisticated trading tool, it all boils down to one key principle: the live chart data must match the TRV entry data or the bot won’t trade. This means if your data is accurate the bot will open the trade as planned and follow the trend for as long as it lasts maximizing profits. If the data doesn’t match-no trade happens.
The secret of the world’s wealthiest traders are successful because they ride the trends, turning breakouts into home runs, and by cutting their losses quickly on loser trades. It’s a simple strategy. Minimize the losers… run with the winners. TRV traders do this same thing, but have a major edge over any other trader or trading system in existence, by knowing the direction of the market before it opens (via TRV data), and having an automated system that will open the trade only if it matches the TRV data. This alone eliminates many losing trades. To top it off, the bot manages your exit strategy using a sophisticated trend-following program, grabbing as much profit as possible, and getting you out just before the market turns the other way.
If all of this sounds like a dream come true… for professional traders, it is.
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When Willy Sutton, the famous bank robber from the 50’s, was asked why he robbed banks he said, “cause that’s where the money is.” The reason we focused on the FX market instead of stocks or futures is simple. The Foreign Currency Exchange market is the biggest and most liquid market there is, and is also the most volatile. Each trading day over 1.5 trillion dollars is exchanged, which is more than the stock and future markets combined. We didn’t pick this trading vehicle by accident.
Some years ago, I cued up a target, “The Most Profitable Way to Make Money Using TRV”. The data all said “currency trading”. So I created a business for doing just that. A year or so later I invited some of my TRV friends to join me and we formed the TRV Trading Club. Since then, the club has created a formal membership program and opened up the opportunities to TRV University graduates. Now TRVers from all over North America meet each day online and via the phone to corroborate their trading data and assist each other in making money with this amazing trading system.
Introduction of this new automated trading platform using the Phantom Trader-Bot is the next evolution of a real world money-making application using Technical Remote Viewing.
I get emails from folks asking me if anyone can do this. The short answer is “no.” Trading is not for everyone. Anyone can be trained to learn to TRV, but applying your TRV skills to trading involves investment of capital, willingness to take risks, and most of all a strong desire to win. Most people are not up for the rigors of TRV training let alone have the stomach to trade the world’s most volatile marketplace. By the way, this isn’t gambling. The only way to be successful is to treat trading like a business… carefully managing your capital and following a proven system.
Just because you can TRV the future direction of the market is not enough. You have to properly execute the data. With the development of the Phantom Trade-bot, the second part of the equation just got a whole lot easier. ![]()
More information about the TRV Trading Club:
PSI FX and the TRV Trading Club: Predicting Tomorrow’s FX Market
From the TRV Trading Clubhouse Dec 23, 2004
From the TRV Trading Clubhouse - Oct 05, 2004
From the TRV Trading Clubhouse - Jul 20, 2004
Make Money Predicting Tomorrow’s Financial Markets - Jul 20, 2004
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