Forex Crescendo Review PDF Print E-mail
Written by Andrew11   
Thursday, 30 September 2010


Forex Crescendo is yet another automated trading system which is sold at under 200 dollars which presents a great track record of gains and promises users huge gains, with low risk but does it work? Let's take a look at this automated Forex trading system in more detail and review Forex Crescendo.

Introduction – The Best Forex Robot Ever?


We start off I the sales copy with a rather bold claim and it's this:


Listen carefully, because I am about to tell you how you can get the most powerful automated trading robot ever released...”


Every new robot claims this but what makes this Forex robot different? Let's find out


So next we get the claim of how much money is made and also some account statements that are not audited, to back up the claims – here is the claim:


The Track Record


I know there will be people looking for the “buy” button as soon as I prove to them that this automated trading machine made me 132.33% and turned $7,958.70 into $18,490.60 in under 8 months


Of course this looks to good to be true and you can buy this great profit potential for under a $150.00 yet, the track record is better than most professional money managers who are paid millions or more in salaries per annum – it doesn't quite add up does it? NO it doesn't and a quick look at the disclaimer shows you how the track record was made.



HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.


So this is yet another robot with no audited track record which relies on simulations going backwards over closing data knowing all the closing prices. Of course making money without knowing this key data is a lot harder – as you don't know the high or low in advance.


To Good to be True?


The copy continues with the claim that


You Can Use My Exact Same Trading Robot That I Personally Used To Make $10,531.90 In Under 8 Months”

If you want to buy a system based upon on simulations going backwards you can but by spending under $150.00 do you really think you are going to make over $10,000?


Final Words


Being a trader and seeing just about every automated trading system around, I don't see Forex Crescendo as the best Forex robot as is claimed - its just yet another Robot making big claims with no audit from an independent reputable ratings agency or accountant to prove the claims are correct.

 
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