Thu 2 Oct 2008
If It Sounds Too Good To Be True…..
Posted by ray under Miscellaneous
A quick comment:
A student went ahead and paid for a trading robot that has been extensively advertised as a system that has never had a losing trade in 9 years. My copy of the blurb went straight into the recycle bin.
Apparently the system looks for 6-7 pips and has a 650-point stop loss!
Nuf said. If you bought this, I recommend you apply for a refund at:
Bookmark to:
October 2nd, 2008 at 11:08 pm
My say:
THERE IS NO SUCH HOLY GRAIL! or we will not have to learn so hard how to trade well.
We need the Holy Trinity : Plan with an Edge x Money Management x Winning Psychology
October 3rd, 2008 at 5:55 pm
What annoys me the most, is not the fact that someone has produced this rubbish, but that so many ’supposed trading gurus’ supported this product and promoted it to their email lists, without checking it out first.
It surely says something about their priorities.
Well done Ray on moving your copy straight to the Recycle Bin.