Forex AutoCash Robot: The Most Controversial Forex AutoCash Robot Review You Will Ever Read
Author: Robert StrakkennForex AutoCash Robot is an automated Forex trading software system. Let's dig a little deeper and see what this Forex trading software is all about.
Before we get started I'd like to tell you that this isn't going to be another one of those, "this Forex trading system is the greatest thing since sliced bread" reviews. If you look around you'll find out that those are a dime a dozen and are typically written by people that don't have a clue about what real-time, real-life, in the trenches trading is all about. With that said, let's jump straight into my review.
Right off the bat I can tell you this...the claims that this product makes are some of the boldest I have ever seen in any Forex trading software. For instance when is the last time you heard a Forex trading system that has never had a losing trade? Not only that but when the last time you heard of a trading system that is never had a losing trade in the last 8 years?
The claims don't stop there... there is a video in the sales literature that mentions that you could use the system without any experience and without any risk. You and I both know that there is no such thing as potential reward without potential risk. Perhaps the creators were talking about trading in a demo account because trading in a real money account always, and I mean always, has risk associated with it.
By taking a closer look at Forex AutoCash Robot I did see that it had a trade-by-trade track record being shown. I like to see a track record when evaluating any Forex trading system as this definitely gives me a feel for how that system has performed. After carefully looking over all 597 trades in the track record it appeared to me that for all the 597 profitable trades shown that the profit was very small.
In my personal experience whenever I have seen a large number of consecutive profits it typically meant that the trading system has set a very small profit target in order to accumulate many consecutive profitable trades. While this looks impressive on paper and in some hypothetical back tests, in real-life trading I believe the results would be very, very different.
It is this reviewer's humble opinion that the odds of you or I ever attaining 100% winning trades with Forex AutoCash Robot in real time, real money trading is slim to none.
I know that some people will read what I said and think that I'm just some super-critical guy who looks for every opportunity to shoot down what others think are extremely exciting Forex trading systems. I can assure you that this is not the case at all and that when I see something that really, in my humble opinion, looks like it could make you money over the long haul I will be more than thrilled to tell you so.
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