Pro Forex Robot – My Thoughts and other matters

Pro Forex Robot ( Forex Robot)

News Source: Forex Robots Reviewer

News Rating : 8.5/10

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I wanted to give you a heads up on a product that is being heavily promoted and will become available on Tuesday May 25th. The product is PRO FOREX ROBOT.

Let me say a few things about it……  (Its a bit long but well worth reading I think)

Be careful of HYPE around fx robots

1. Don’t believe the HYPE around the robot. They are in the business to sell Robots/EA they hype with sales letters and videos but don’t buy into the hype.

Does ANYTHING you buy really live up to the hype? I am not just talking about forex products but anything?  Does your laundry soap REALLY get your clothes as white as it shows on the commerical?

Is your vacation to Disney REALLY as magical as they promote? Did all your dreams really come true after going there?

I could go on and on but I think you get the point.  Its sales/marketing of their product or hype whatever you want to call it.

Does it mean that the laundry soap or the trip to disney isn’t good?  Of course not but have REALISTIC EXPECTIONS! PLEASE!

Getting back to Forex market, when fap turbo came out on there sales page it said something like 100% return in a month. So people bought expecting 100% return each month.

That is CRAZY!

Almost impossible to perform what the salespage implies

Does Fap turbo work?  Yes it has for some  but the point is it didn’t do 100% a month every month or any month for us but has been profitable on that account.

I won’t get into all the aspects of settings or brokers etc.. But the point is it was profitable for us but not anywhere near what the hype of the product/sales page suggested.

Their is a saying that sizzle sells the steak.  And I totally agree but you know what you end up eating is the steak that is the product when things are said and done.

Was it a worthwhile steak? That is the question that should be asked.

Which is the same question that should be asked when buying a forex product.   Is the product worthwhile the one that I am getting?  Not the dreams or hype but the actual product.

SO FORGET THE HYPE AND LETS TAKE A LOOK AT PRO FOREX ROBOT.

My testing results on Pro Forex Robot

2. I have gotten the Pro Forex Robot in advance and Dan has done some backtesting on the product.  The backtests for 2009 looks very good with the EUR/USD and GBP/USD performing VERY VERY WELL.  EUR/USD made 160% profit for 2009 in the backtests and the GBP/USD was at 250% profit.

The system also trades the USD/YEN and USD/CHF which both performed roughly in the 70% profit range per pair.   Thru 4 months this year the backtests range from 18-33% in profits.  

So based strictly on backtests it looks like it has been a profitable system. Of course backtests only tell a small portion of the story.

We haven’t forward tested this or done a live/demo account with it yet. We will when it hits the market and keep you posted.

Number of trades taken

For those of you who want to know how many trades roughly 350-400 trades for the year 2009 and 80-100 trades so far for 2010.

LIVE Webinar Details

3. Pro Forex Robot  is having 2 webinars on Monday May 24th. You can sign up for them at that link above.

My suggestion would be to take a look at the webinar ask any questions you may have to decide if its for you or not.  Their is no harm in checking out the webinar just don’t fall for hype be a realistic in your potential results etc..

4. I will have additional information on Pro Forex Robot on Tuesday morning by 8.30am Eastern that you won’t want to miss.  It may or may not put you over the edge to buy or to shy away from.

At least a solid refund policy for protection

Bottom line is this……   Unlike a bottle of Laundry soap or a trip to Disney if you aren’t happy with those purchases you have very little recourse besides not purchasing their products again. With Pro Forex Robot it will be sold on clickbank which means it will have the 60 day refund policy.

So the burden to make you happy is on the forex EA itself.  If it doesn’t make you happy you walk away with your money back and very little time spent on setting up the EA on a demo account.

Though if the system is profitable 50-150% in a year for example it could be worth hundreds or thousands or more to you.

So let them PROVE that the system works. Not based on the hype they create but based on REALISTIC returns that you have set for yourself.

What I recommend you to do now

So all that being said here is what I would recommend………..
1. Go to their homepage register for the webinar that is happening on Monday.

2. Attend the webinar on Monday if it fits in your schedule. (Ask questions but be realistic!)

3. Look for an email from me about Pro Forex Robot around 8.30am Eastern on Tuesday May 25th. It will have some IMPORTANT news about the product that I won’t share now.

4. After reading that email that I send on Tuesday. You will either be ready to give Pro Forex Robot a try or ready to walk away.  

Have a GREAT Weekend.

Visit Pro Forex Robot

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