Instant Forex Profit System - Does it work, has it worked for you?
Hi,
I just saw an ad for a forex software called the instant Forex profit System. Has anyone tried it and knows how it works? I don't want to buy something that doesn't work
Hi,
the Instant Forex Profit System is a signal trading software. It gives you trading signals for you to act on the forex market.
I doubt if it really has a 90% success rate but it seems to have impressive results.
You can read more about it at: http://squidoo.com/Instant-forex-profit-system-review
powered by Yahoo Answers






























January 13th, 2009 at 5:16 pm
It has never worked. I looked at the web site and saw this disclaimer at the bottom in a faint color so that it is almost impossible to read. I reproduce it below. "Hypothetical" means that he has not traded it on an account with real money. It means that he ran a stream of historical prices through it. He may have tweaked and tuned it so that it produced huge profits with this exact stream of data and will never do it again unless history repeats itself exactly. There is also no guarantee that you could have gotten actual orders in to the dealing desk and filled at the prices in his demonstration. The forex market moves fast.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
References :
http://instantforexprofit.com/