Ever since my college days at The University of Alberta in Edmonton, Canada, in the mid 1980's, I have been fascinated by the financial markets - their sheer size, their sophistication, and their enormous potential for wealth creation. The mere thought of being able to create unlimited wealth almost out of nothingness, just by simply knowing how and where to place one's investment capital, had totally "invaded" my mind and has held me captive ever since. Think about it: having the ability to generate income from virtually "thin air", without much physical work, would be a dream career for anyone, not to mention the financial freedom resulting from learning and possessing such a skill.

So after a few years at school, majoring in mathematics with a minor in then newly emerging field of computer science, I aspired to learn everything about investments, financial services, stocks, bonds, commodities, banking, even insurance and annuities - anything that I could get my hands on... and in 1987, at the ripe age of 22, I began investing in Mutual Funds. It did not take long, however (a couple of years or so), for me to rationalize that I'd be probably better off selecting my own stocks, for my own investment account, and get better results than the measly 8%-12% annual returns, which I was getting at the time. Plus, I would not be paying any management fees to anyone. Hence reading the Wall Street Journal and the Financial Times quickly became an essential part of my daily routine.

I remember the early days of my trading career, as I laboriously charted weekly price movements of the stocks I wanted to trade, by hand, in an effort to identify the best entry and exit points. (Buy low, sell high.) In a few short years, however, I was replacing my weekly charts with daily charts, half-day charts, and later on even intra-day charts, as the new emerging internet technologies made availability of faster and faster price data more accessible. Additionally, by the mid 1990's, trading as we then knew it was beginning to change from primarily fundamental to largely technical, where the proliferation of newly created computer based "technical indicators" was beginning to create self-fulfilling prophesies for many of the capital markets and their underlying stocks and commodities.

From the mid to the late 1990's (including the turn of the Century) the markets saw an explosion of new computer programs, indicators and trading tools, each one promising to be the next "Holy Grail" and the road to financial freedom. Trading, particularly in equities, was suddenly becoming a lot more volatile, and therefore a lot more chaotic. In order to survive, one needed to adapt, and adapt quickly.

Years 2000 and 2001 saw the Nasdaq crash and the collapse of the Hi-Tech markets, also known as the "bursting of the Dot.Com bubble". Why did the bubble burst? Because it is not possible to fundamentally justify and support stocks with huge price to earnings ratio of more than say 20 to 1. Yet during the "dot.com bubble", 100 to 1, or even 200 to 1, valuations were not all that uncommon. How do you trade a stock with less than a $1 per share in earnings at a $200 per share price? Short it, right? All common sense would say that, yet the mass frenzy was driving these stocks up and up, and even the most "respected" and trusted Wall Street analysts were issuing "buy" recommendations. It was just crazy!

The "Dot.Com Bubble" and the Stock Market's subsequent collapse wiped out most equity day-traders, including myself. In my case however, it was just really bad timing, because I did short many of the over-valued stocks (incl. Yahoo @ 150, SDLI @ 250, JDSU @ 120), but I got "margin called," as the market kept irrationally going up higher and higher, while the so-called financial "experts" were still issuing BUY calls. Today, many of these "high-flyers" no longer exist, while the ones that survived are trading at mere fractions of what they once used to. It was somewhat disheartening for me to realize that my investment philosophy and fundamentals were correct all along, and should've made me wealthy beyond my dreams, yet instead - I lost millions! Today, in hindsight, I look at this adversity as a blessing in disguise - a sort of "everything happens for a reason" type of an event - because it launched me on my current career path.

The market crash pointed out other flaws of the equities markets. With companies like Enron, HealthSouth, WorldCom, and others, where the top company executives were (and many still are) "cooking the books" in order to get their stock prices up, it is not only difficult, but virtually impossible for an average investor to objectively evaluate the company for investment purposes. Transparency is only wishful thinking.

So after these painful and expensive learning experiences, at the end of 2001, I made a promise to myself that I would NEVER trade or invest in stocks (equities) or their derivatives ever again - you just NEVER know who is going to be the next Enron! There was something else for me to consider, which makes trading stocks unpredictable. Let's say that a company like DELL issues a bad earnings report. Alright, but why should the shares of a completely different and unrelated company, like Hewlett Packard (HP) for example, be negatively affected, in spite of HP's own stellar earnings? Because of industry association? That logic has never really made much sense to me, further enforcing my feeling that trading stocks has lately resembled more gambling or shooting in the dark, than investing. In FOREX, on the other hand, if there is an event that affects a specific currency, other currencies will be affected as well, but only because there is a precisely defined and mathematically calculable relationship between other cross currency pairs. Nothing else! FOREX does make a lot more sense.

In early 2002 I started looking into FOREX. Naturally, I wanted to know everything about it. I bought every book, trading course, DVD, and trading software I could get my hands on, and discovered that trading foreign currencies was, in principle, the same as trading equities. You go LONG if you think the currency is going up, and SHORT if you think the currency is going down, with no uptick rule, as in US stocks. Additionally, "trending" seemed rather prevalent for most currencies. Again, everything made a lot of sense.

I opened my first FOREX trading account in the summer of 2002 and quickly realized that I was the worst FOREX trader alive! If I'd go LONG, the market would immediately turn around and go down, and I would get stopped out. If I'd go SHORT, the market would go up, and again, I would get stopped out. It was unbelievable! It seemed like no matter which way I traded, if you had stood behind me looking over my shoulder and traded exactly the opposite of me, you would have made a fortune! I almost completely wiped out my entire trading account, my wife had filed for divorce (and successfully proceeded with it), when all of a sudden, by a sheer accident, my luck had finally changed.

One night, I simply forgot to place "stops" on my trades - and I actually MADE MONEY, when I would have otherwise been "stopped out." So by sheer accident, I discovered that the #1 RULE in FOREX trading "Never Ever Trade without a Stop-Loss" is actually designed to benefit the BROKERS and the MARKET MAKERS who are on the opposite side of your trade! I have never used "stop losses" in my FOREX trading since - and I have never looked back! In fact, by NOT using "stop-losses," I began experiencing extraordinary results. Shorty thereafter, I combined my "No Stop-Loss" approach with my "HEDGING" strategy and the rest is history. My "hedging" strategy was based on a simple premise that 1.) regardless of the prevailing trend, I would never try to pretend I knew which direction the market would go... and 2.) if the market would go against me, I would NOT close the losing trade, but instead, immediately open a trade in the opposite direction.

Now the BROKER might look at this as me closing out the previous (losing) trade by pairing the two trades out. But I would actually keep them VIRTUALLY OPEN in my mind, or on "paper." Then, after the market would make a significant move in either direction, one of the trades would naturally be a winner, while the other one a loser. So what's the point, you might ask. Don't the two trades wash each other out? Absolutely not! Because I would first close out the "virtual winner" and then, after the market would turn, I'd close out the "loser," after even only a partial retracement - for a total aggregate WIN, i.e. combined profit. I actually figured out MATHEMATICALLY how to turn a losing trade into a profitable one, Hence my "No Loss" trading strategy was born.

As I began experiencing more and more success trading my own account, the obvious materialistic enhancements to my lifestyle did not go unnoticed. Soon, my close friends began asking me to trade their FOREX accounts for them. Things began to accelerate, and as others shared their successful trading experiences with their friends and so on, I found myself helping literally hundreds of people manage their FOREX accounts. By 2006, I was averaging over 60% in annual profits for the past three years, trading for over 1,500 "friends." Naturally, my Global Profit Associates (GPA) partnership was getting difficult to manage and all of this work was making me feel "burned out".

By this time I was already working with my team of software engineers and technological geniuses, including Global Profit's Chief Technology Officer Jozef Slavik on creating a fully automated computer trading platform that would do automatically everything (and much more) that I was doing manually (while spending 18 hours a day, 5 days a week, in front of a computer screen), but without the need of me being there. This way, anybody could successfully trade for themselves. The only challenge was to replicate my brain, in other words, flawlessly build a software program that would completely automate the entire trading process, following my trading rules and my profit strategies, by automatically opening and closing all trades 24 hours a day, every trading day of the year, without the need for any additional human input, once the initial trading parameters were set.

The project started in 2004 and quickly evolved into much more than my basic hedging strategy. Today, more than 50,000 man hours of programming, technical analysis, live testing, and experimental trading later... after 80,000 lines of programming code... over 200,000 hours of demo testing - and more than 16,000,000 USD in total costs to date "The "4X-DAT™" is the most sophisticated and the most complete, fully automated stand-alone personal FOREX trading software in the world.

It is completely customizable with unlimited number of possible set-ups for both trending and range-bound markets, various levels of risk tolerance, and profit targets. I can trade SIMULTANEOUSLY unlimited number of currency pairs, manage unlimited number of individual trades and unlimited number of trading strategies. It independently tracks each individual trade, while constantly monitoring all markets 24 hours a day, every trading day of the year. It performs hundreds of calculations every minute, never sleeps, doesn't let emotions get in its way, and executes every trade with unparalleled accuracy, without hesitation or procrastination, in a way impossible for any human being."

The 4X-DAT™ could easily sell for $20,000 or more just for the basic setup alone, and would be well worth every penny. Instead, however, I personally invite you to check out this amazing piece of technology for FREE - with free access to our live strategies that are trading in real-time, so you can see for yourself the true effectiveness, simplicity of use, and consistent profits, which The 4X-DAT™ can and does produce.

Only then, after you are 100% confident that The 4X-DAT™ can enhance your trading experience - should you begin to trade a live account. We have traders all around the world using The 4X-DAT™ to generate monthly returns of 5%, 10%, 20% and even more, by simply letting The 4X-DAT™ do its "4X-Magic".

People say that there is no "Holy Grail," but this is as close as anyone has ever come! I wish you the very best of success on your way to discover your own true FOREX trading potential, the realization of your personal, financial and life-long dreams with the help of this amazing technology... and the freedom and excitement of being a successful FOREX trader!

- Joseph T. Nemeth