Comments on: Anyone has tried Automated Forex Cash System to trade forex ?

By: Common Sense

Common Sense — Thu, 25 Feb 2010 01:59:59 +0000

Scam. Plain and simple. Any "easy" scheme in FX trading is a scam. There's no free lunch here!
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By: Josh

Josh — Thu, 25 Feb 2010 01:41:59 +0000

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

By: Bob

Bob — Thu, 25 Feb 2010 01:03:59 +0000

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 :

By: Rev. Al Po

Rev. Al Po — Thu, 25 Feb 2010 00:42:59 +0000

Get-rich-quick scam.
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