Anyone has tried Automated Forex Cash System to trade forex ?

Posted by admin on February 24th, 2010 and filed under automated forex trading | 4 Comments »

http://AutomatedForexCash.info

It sounds like an interesting method. So I have tried on paper trades.

Too early to confirm if it will be good for long term but I have got some satisfactory results on paper.

I will try it out for a month or two before I start on some small trades. Forex is risky so I always prefer to be patient.

4 Responses

Rev. Al Po Says:
February 24th, 2010 at 7:42 pm
Get-rich-quick scam.
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Bob Says:
February 24th, 2010 at 8:03 pm
NO. Nobody at all. Not even the guy who designed the system. Look near the bottom of the web page and you will see disclaimer that starts.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS ……

Read it.

It means that his claims are not based on trading real money in a real account. He ran some selected historical data through his system in a giant "what if" situation.
References :
Josh Says:
February 24th, 2010 at 8:41 pm
It sounds like an interesting method. So I have tried on paper trades.

Too early to confirm if it will be good for long term but I have got some satisfactory results on paper.

I will try it out for a month or two before I start on some small trades. Forex is risky so I always prefer to be patient.
References :
http://AutomatedForexCash.info
Common Sense Says:
February 24th, 2010 at 8:59 pm
Scam. Plain and simple. Any "easy" scheme in FX trading is a scam. There’s no free lunch here!
References :