A Working Man’s Forex Position Trading System-Daily 3 Stochastic!

If you have a day job and like to trade the forex, you will be interested in what I have to say. I would like you to meet Alan Benefield who’s a senior Forexmentor member. Like many of you, Alan works a steady day job and trades the Forex on a part-time basis. Alan’s an electronic engineer by trade and has been with his current company for over 14 years. He has good health plan which his family needs and working on a nice retirement nest egg. Alan feels that it would be foolish for him to give this up. Who can blame him?

Many of you can certainly relate…So, how does one trade the Forex without having to watch the market all day long? Alan routinely puts in 55 to 65 hours a week at work yet has great success trading the forex market. How does he do it? Alan did this by devising his own system. He applies some of these tools on longer timeframes and designed a truly powerful and simple forex position trading system. Alan is an experienced trader who loves the challenge of the markets. Alan has studied and traded the markets including the Forex for many years.

Alan’s Daily 3 Stochastic Position Trading system is a set of highly visual trading strategies that take only a few minutes a day to implement. You can quickly scan the currency pairs, perform the necessary trade management and get on with your life! You do not have to be an advanced trader to put these strategies to work. In fact, traders of any skill level can learn this simple system in matter of a few hours.

This is what Alan Benefield says: “To make trading the forex part-time possible, I began to design my unique position trading system I now call “Daily 3 Stochastic”. After many late nights of intense studying, backtesting and experimentation, I have discovered two amazingly powerful indicators which when combined with classic rules of trading makes a very powerful yet simplistic position trading system. When I set out to design a system, I had the following objectives in mind:

1. Requires only a few minutes a day to find and manage trades
2. Easy to implement
3. Easy to learn
4. Visually oriented method (quick and systematic scanning)
5. Uses readily available software and charting tools
6. High winning probability

I know these are very challenging objectives and it took me a full year (4 hours a day) of tweaking and back testing. I finally came up with a system that works for me and my schedule. Using these strategies, I am able to achieve an amazing 75% success rate in my own trading. Furthermore, the system has been backtested to yield over 70-80% winners.

This system is so simple to use that I often find trades right before I head off to work with only a few minutes to spare before rushing out the door. My Working Man’s Forex Position Trading System has completely changed my life. It has allowed me to participate in the market successfully without quitting my day job. If it can work for me, I know it can do the same for you. If you are thinking of giving up trading because you cannot watch the market, you owe it to yourself to check out this system.” A Working Man’s Forex Position Trading System by Alan Benefield teaches you the Daily 3 Stochastic System, a simple strategy to trade the Forex successfully while keeping your day job.