Recently I received a sales letter of the auto pip bot trading system and the copy went like this “I just heard about this forex system that was designed by a group of Cambridge University techies. Supposedly it's making one guy $20k per month ..I thought you might be interested in checking it out." So now let's check out the Auto Pip Bot trader and review it.

The copy start with who the programmer of the auto pip bot trading system is and its signed by a guy called Ted Anderson. Ted, went to Cambridge to study medicine and tells us, how changed career paths and developed his trading system which makes $20,000 a month...

The programmer and the development of the Software

“I am simply an ex-medical student who happened to study at one of the most prestigious universities in the world – Cambridge. Medicine wasn't my dream, it was my parents'. I could barely stand the sight of blood. Sure, I could talk myself in and out of exams with my eyes shut, but the actual reality of being a doctor terrified the hell out of me. It just wasn't for me."

He explains, how he fell in with the “wrong crowd” who were a group of techies ( who did no rteal work and aprtied at night apparently) and Ted and this group, went on to develop the system which is being sold on the website.

The copy goes on...

“Basically, the ONLY way to earn a steady killing in the Forex market is to have a good piece of software designed by people who know what they're doing, which actually WORKS. The problem so far is, you've been buying products from scheming internet marketers who are simply taking advantage of the high demand for such products. In other words, just because they say it's a Forex robot or signals software, doesn't mean it will necessarily work!"

Well all the above is very true!

As around 95% of all systems we review don't make money and of course, most are clever marketing rather than having any back up to there claims.

Cheap at $67.00?

A question that might nag many readers, of the copy for this Forex robot is why is it so cheap? After all, its only $67.00 and you have the system for life which can make you rich so we get an explanation in the copy which is quite aumsing:

“So you might think, $250,000 every year for six years would make this guy a millionaire... why is he trying to sell this to me if he's a millionaire?? Well the fact is, I'm not. You see, with the money comes the lifestyle, and when you multiply that with being young and handed a goldmine on a plate, not to mention being with your friends, what you get is a lot of expenditure. I spend money like crazy."

Umm interesting answer and then, at the end we have a tempting quote:

"For only $67, you can be waving goodbye to your financial woes and start living in the lap of luxury."

But are the performance figures for the auto pip robot verified?

You can go to the bottom of the copy, find the disclaimer below and its one of the most common you will see on heavily sold currency trading robots.

Disclaimer

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.

So claims of $20.000 a month and no real track record and a simulated track record! How often have we seen this? All the time, anyone can make claims but if you are selling a system, you need proof of real money performance.

Final Words

Any system which is selling for $67.00 and could really make $20,000 a month would be fantastic - You wouldn't bother to work and neither would I, you would just sit back and make money on autopilot. Of course, claims are made and anyone can make a claim but there is no real time track record to back the claim up.

Personally, I found the copy entertaining but do I think it can make users $20,000 a month? You have probably guessed the answer already and think I will leave the auto pip robot to others, to test its profit making power.