Australian born and now located in Far Northern Queensland, Principal trader and software designer Colin Simpson has been around the markets for more than 25 years. Colin began trading CFDs (Contracts for Difference) when they were a very new product. Colin has RG 146 certification for General Advice, FX, Derivatives and Shares. His other business, Australian Trading Mentor, is a Corporate Authorised Representative (001301962) of Quad Code AU Ltd (ACN 131 376 415, AFSL 327075).

We have built our software with Risk Management as our focus, evident in the results with no big blowout losing trades. Risk can be set at a percentage of your trading account, a fixed dollar amount or a fixed lot size. We recommend 1% risk per trade as a maximum.

We like to think of our software as “simple software that have been automated very well”. Throughout Colin’s trading career and in his private mentoring work, he has always been keen on simplicity. You don’t need complexity in trading. You need a robust, simple software coupled with disciplined risk management and a good trading mindset.

Another pillar of Colin’s manual software is Trading Psychology or mindset. Automated Trading removes this aspect to a large degree. Also, it eliminates the temptation to fiddle with the software.

“You don’t need complexity in trading. You need a robust, simple software coupled with disciplined risk management and a good trading mindset.”