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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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