Forex Assassin is a Forex trading system. The system states that it only requires one minute per week, with a view to run it. It also indicates that it was designed for those with little capital and little time yet it advertised being able to make a full time income. Starting off with a very small number of working capital isn’t something that is conducive towards making a full time income. It is of course possible in trading to start off with a small number of working capital and grow it into a full time income but this is nothing that happens immediately.
An easy way to make large profits online with very little effort is online forex trading. Forex trading is also called currency trading. Many people think that in order to succeed and make money from forex trading you must understand why the foreign exchange market works and what economic indicators to pay attention to. People also think it takes a long education and experience to be a skilled professional forex trader. The truth is people are just picking it up each day and learning how to make winning trades almost immediately. There are many forex systems on the market that can assist you make money from the forex market that are so easy to learn and use.
For several years I have been pushing against all of the voices saying that it was essential that financial derivatives be banned or that their use be dramatically curtailed. It isn’t that I think that derivatives are such a great thing. I do believe they contributed to the 2008 blowup. The problem is that they are so much a part of the system that to change their role and function would, undoubtedly, cause a bunch of bad things to happen. The …
Automated forex trading software can catch forex signals for you and trade with big or small accounts for you. You can be making money in no time at all with a little investment. The risk is so small and the money making potential is so great. Currency trading is better than stocks; because you arent exchanging shares of a business you re trading solid government backed currencies for other firm currencies. These currencies are always fluctuating in value as well, so if a currency slips below its heights, it recovers much more rapidly than a company with a declining market share will. That is what makes currency trading so safe. Virtually risk free. Unfortunately, it can take years to acquire the ins and outs of currency trading by you.
Risk Free Forex Trading System, Seriously?
Forex trading isn’t just for the Wall Street fat cats and you don t need any special training or a diploma to run simple software that can earn you automatic cumulative profits. This is a very small risk opportunity that can have you making money almost instantly. Learning to trade forex online has never been as easy as it stands today.
Forex Assassin claims to be a price driven system and touts the fact that it uses absolutely no indicators whatsoever. I’m not really certain but it does not sound as though the creators of the system understand what indicators actually are. The truth of the problem is that most every indicator is price driven…and most every indicator is only a derivative of one of several combinations of price, time, and or volume, etc.
Perhaps being down on indicators as the system appears to be appealing to those traders who’ve failed in using indicators to trade successfully. Please keep in mind the fact that an indicator is only a tool and the abuse of any tool will never yield the desired results.
Based on technical analysis this system depends on technical trading indicators and various charting methods. The price changes on the charts and the numbers supplied by the trading indicators become the factors that determine the parameters for this system. Technical analysis tools are placed on charts and indicators are combined and studied carefully. This trading system can be made use of in both range bound environment or trend environment of the market. It is relatively easier to use, inexpensive (free indicators are easily available) and very accurate about entry and exit points. The only scenario this forex strategy will fall short of is in case where unpredictable instability factors coming into play, such as natural calamity, war, and political instability, etc.
Forex Assassin claims to remain the only true Forex trading solution. This is of course a very bold claim and shall in no case be true simply because there are several ways to trade Forex successfully.
As a further peruse the sales literature I look at a chart showing the Forex trading system in action. This is good to see because it leaves it is you some indication that there are results of some type available for viewing. The sales literature shows three charts with three trades. That is the only information that I see here. As the system does claim to be a 100% mechanical Forex trading system I would think that there’d be a track record of some type available. I didn’t see a track record of any type.
I did, however, see some testimonials from what seemed to be some very satisfied customers. Testimonials are always good to see but in reality I ‘d sure like to view the actual meat and potatoes of a full-fledged performance results report. It is more difficult or let us say impossible to properly evaluate a trading system without such a report. The fact of the problem is that if Forex Assassin is all that the sales literature touts it to be why would not they show every single trade they have ever made? It seems to me that when you are so proud of something you have created you provide as much information about it as possible.
For all I know for Forex Assassin could be the greatest Forex trading system ever invented. However, I cannot tell that without seeing a performance report of some type. Of course, you always have the possibility of test driving Forex assassin in a risk free fashion. To do that you simply order and you’ve got a full 56 days to test the system out to find out if it is right for you. It should go without saying that all this testing should be performed using a demo Forex trading account so that you don’t risk any actual capital.
Today, Zacks is promoting its ‘Buy’ stock recommendations. Get #1Stock of the Day pick for free. On Sunday, advertisements from the Argentinian government appeared in several major U.S. newspapers. The beleaguered country stepped up its game against hedge fund investors asking US courts to facilitate ‘fair and balanced” discussions to resolve the deadlock over debt payments. As things stand, Argentina is headed for a sovereign default, a virtual replay of the events of 2001. In late 2001, Argentina suffered the largest …