Forex G-Force
I, like most retailers are interested in ways to act. So a lot of my time is spent investigating trading practices in both old and new. And during this process you end regerstering to various forums and websites. Following your inbox being spammed on a daily basis. One of the emails I receive the most Forex is the Monster. There is always something; Supremo FX signals, Forex Assassin, Forex Warlord, Forex Auto Enforcer and so on and so forth.
The latest is the plugging is Forex G-Force. Apparently waiting for it, it turned out $ 10,000 to $ 2.7 million in just 10 months. Ignoring this ridiculous claim, and on the website, he claims to have turned into $ 10k to over $ 20k in just 11 races. This averages out at around 10% return on investment per trade (approximately $ 1000 per trade), even in a positive reward to risk ratio, say 1.5. This means a loss would cost you around $ 666. This means you can only lose 15 trades before you lose your trading pot. Most likely in the real trading system would have a negative R: R and then you can set up his business in a handful of losing trades.
I must stress I have not seen G-Force Forex EA, but I have not shown any proof of my concerns are unfounded. There are just so many forex EA scams out there at the moment. And while I'm sure that some would not call them a scam, I personally feel something is sold, which is far from the truth in their advertising blurb is a scam. Maybe Forex G-Force will be different. Maybe it will be something special that will make any operator on this planet rich beyond their wildest dreams. But some home I doubt it. I only hope that traders do not lose too much money in the process.
Of course there will be plenty of posters on the Internet who will answer their critics by saying … "It only costs £ 60 …. small price to pay to find out if it works do not you think". As long as you is willing to try it for a good numbe ROF acting then maybe 60 pounds is a small price. But certainly not go thinking you will earn $ 2m from a $ 10k trading account Forec from G-Force. If you do, you are conning themselves ….. like the people who market these EAS are.
About the Author
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