I wanted to tell you about one of the newest Forex products on the market and that's Forex Avenger.

Like many others it claims to have some "secret" that makes it better than every other product out here. Forex Avenger claims to have 82.69% accuracy. I'm not sure why they put it that way as no trading system will have the same level of accuracy all the time.

It is stated to have taken 8 years to develop yet the "Proof" that is provided shows an account with less than 2 months worth of trading.

I am personally less than thrilled with any Forex trading system that claims to be the answer to all of our financial prayers yet can't even show us a track record longer than 2 months. Let's think logically for a moment. If you were selling a trading system that was great wouldn't you want to show your potential customers as much "proof" as possible? Of course you would.

I can't help but think that Forex systems which show you short track records have something to hide and that might be the fact that they simply will not survive over the long term.

As I typically state, Forex Avenger may be the greatest trading system known to mankind and I could be way off base about this product. In that case, I would encourage anyone to give it a try on a demo Forex account because the product does come with a 100% money back guarantee.

For more information about Forex Avenger Forex Avenger

Official Forex Avenger Website

These days you're going to see more Forex product reviews than ever before.

It seems every single hour of every day someone that you've never heard of has created a Forex trading system which will save the world, put a chicken in every pot, and improve the quality of life as we know it.

I decided to write about this today because I do notice that I get comments submitted to the site either asking questions or requesting me to "read this". Before I go further please don't get me wrong I'd love to have meaningful, constructive comments from readers here on the site. Unfortunately most of the comments that I receive are from marketers with other Forex review sites.

I would welcome comments from those who have something intelligent to say, but have yet to receive any such information. The intelligent comments that I have received have been sent in by you, the reader.

I would caution anyone who reads this that most of the Forex product review sites and Forex product reviews are created by people who don't have the foggiest idea what Forex trading is about. To me, this makes it difficult if not impossible to trust what they have to say. Let me also say that I mean no disrespect to those who may fall into this category, but truthfully how can you help someone to make money in Forex trading if you have never done it yourself?

My objective is and has always been to look out for you, the reader and not for the many people out to separate you from your hard-earned cash. Just make sure that you do your due diligence before you enter into the wonderful world of Forex trading.

Forex AutoCash Robot makes one of the boldest claims I've ever seen with any Forex trading software and that is that it had zero losing trades in the last 8years and 8 months.

No losing trades! That really got me interested. Forex AutoCash Robot says it is 100% autopilot… that it works 100% hands-free with absolutely no human intervention.

Forex AutoCash Robot claims that you can trade starting today without any experience and without any risk. Okay, this Forex trading software was really sounding interesting until I watched the demo video and saw the words "Without Any Risk". I'm not certain how the creators of this Forex software define risk, but apparently it must be vastly different than my and most everyone else's definition of risk. Let's get one thing straight here before we continue. There is no such thing as trading in a real account with real money and no risk. There is risk involved in Forex trading and every other type of trading…there always has been and there always will be risk.

The only possible way that Forex AutoCash Robot can trade without risk is when you are using a demo Forex account using imaginary capital.

Forex AutoCash Robot does show a track record of trades from January 3, 2000 until September 19, 2008 in it's track record does indeed show no losing trades. The sales literature then goes on to state, "Want to trade the most accurate Forex robot in the world — 100% winners".

I don't want you to think that I am picking on Forex AutoCash Robot, but there is no such thing as a trading system that has 100% winners. The only place a trading system with 100% winners can exist is deep when a trader's imagination.

Please understand me when I say to you that I am not saying that Forex AutoCash Robot is not the greatest discovery since the wheel. What I am clearly saying is that it is highly unlikely that you will trade with Forex AutoCash Robot in real time with real money and not have a losing trade. With that being said that doesn't mean that it cannot be a profitable trading system in the long run, simply that you will not have 100% winners.

Forex AutoCash Robot can actually be easily tested out at absolutely no risk to you. This Forex software does come with a full 60 day 100% moneyback guarantee. This means that you can open up a free demo account which most all Forex brokers offer and test the Forex AutoCash Robot as much as you like.

More information on Forex AutoCash Robot can be found when you click here

I'm currently looking over the literature for the Forex trading system 10 Minute Forex Wealth Builder.

It claims that you can make shocking amounts of money trading Forex only 10 minutes a day.  It also speaks about making thousands a week as I look around I don't see a mention of how much capital is required to make thousands week.  In fact upon further investigation there is absolutely no mention of how much capital is necessary to get started.  At this point yet — yourself what kind successful business can you start without knowing how much working capital you will be?

The creator of the system then goes on yet another all-too-familiar indicator bash.  What I mean by this is that he states that indicators are useless and that they do nothing but lag.  Quite obviously he is trying to appeal to people who have been unsuccessful trading using indicators.  Or perhaps the creator has also himself been unsuccessful using indicators to trade Forex.  This does not mean that indicators do not work, but that does who have used them have most likely done so incorrectly.

As usual I am very interested in any type of proof or performance related information to substantiate the bold claims laid out by 10 Minute Forex Wealth Builder.  I do see one live trade example actually to live trade examples and an additional two charts each showing a profit.  Upon further study I see that there are actually three live trade examples.  There is no performance report or track record of any kind.  In my humble opinion this makes it difficult to evaluate the validity of the system.

10 Minute Forex Wealth Builder claims that the trading methods have been rigorously tested and proven to work.  As stated above if this were the case it would be very nice to see the results of these tests in order to make an informed decision.

There are testimonials available but they appear to be mostly from other people who are selling Forex trading systems as well.

I'm not going to say that the 10 Minute Forex Wealth Builder is not the greatest Forex trading system known to man.  In fact it may very well be just that.  It is just as I cannot make that assessment based upon the information that they give me.

Fortunately for those who absolutely positively must give 10 Minute Forex Wealth Builder a try there is a day to week 100% moneyback guarantee.  This would allow you to test the system and see how it performs without risking a dime.  This of course, is assuming that you would be testing the system out using a demo Forex trading account without real money.

For more 10 Minute Forex Wealth Builder information click here

Forex Raptor is advertised as automated Forex trading software. It claims are that $1 million a year Forex trader reveals his secret software to make effortless profits every single trading day.

So far this sounds pretty exciting doesn't it? Let's dig a little deeper and see what we'll find. Right now I'm looking at something labeled as "Proof 1" that shows $19,500 profit in one day. Okay so now they've got our attention right? I mean, a $19,500 profit is pretty impressive by anyone's standards.

So far I see 3 Forex charts with three different trades offered as proof that Forex Raptor is a great Forex trading system. As I dig a little deeper I find 3 other charts offered as proof, each one of which is showing a profitable trade.

As I looked a little deeper for evidence that Forex Raptor actually does what it says it does I still only see proof in the form of the 6 Forex charts showing the 6 Forex Raptor trades. Forex Raptor also makes a bold claim by stating "no more losing months"… "Forex Raptor has never had a single losing month so far"… Based upon the 6 single trades I've seen I see no evidence that Forex Raptor has had a single winning month or a losing month.

Now please don't get me wrong, I'm not saying that bold claims in Forex trading are a bad thing. What I am saying is I would like to see some type of track record or performance report to backup the bold claims.

Fortunately Forex Raptor does come with a moneyback guarantee. This means that anyone it wants to check the software out can easily do so at no risk to them. One more note here, when I say at no risk, this assumes that you would be testing out Forex Raptor using any demo account without real money in it. This way you can see for yourself firsthand if using Forex Raptor is right for you.

For more info on Forex Raptor please feel free to click on the following link click here

The creator of Forex Assassin claims he has a new discovery that will allow you siphon cash from the Forex market from the comfort of your own home

As I investigate the Forex Assassin literature in greater detail the creator claims that he has a formula that is different than conventional wisdom.  He states this formula requires one minute per week.  He also states that you can generate as much as $800 from one trade.  There is no mention of how much money must be a risked in order to make as much as $800 dollars on one trade but that is very typical of Forex trading systems being sold today.

The creator then states that the system is price-based and says it uses absolutely no indicators whatsoever.  Sounds to me like the creator is trying to appeal to those people that haven't had very much luck using indicators or technical analysis.  This clearly indicates to me just how misunderstood successful trading using technical analysis is.

Next  we see a question that is something to the effect of "what makes Forex assassin so foolproof and makes Forex Assassin the only true Forex trading solution". Here is a point on which I beg to differ. There is no such thing as foolproof Forex trading system.  There is also not just one Forex trading solution.  There are numerous ways to be successful in trading the Forex market.  Ask anyone who trades successfully and they will be able to tell you the exact same thing and I am telling you.

In the Forex Assassin literature they showed a Forex Assassin trade and a picture of the trade on a Forex chart.  Forex Assassin claims to be a consistently profitable system and a super profitable system as well.  These claims made me curious so I decided that I would continue to investigate to see exactly how much profit Forex Assassin had made.  I did see a few testimonials were some Forex Assassin customers claim to have made some money, but I didn't see a performance report or any type of track record whatsoever to support these claims.  There were a couple of extra screen shots that were labeled as proof, but these were single trades and didn't seem like enough information for me to make a decision Forex Assassin.

Forex Assassin appears to be another a long line of  "trade Forex the fast and easy way if you hate your day job" type of systems.  The price of Forex assassin is $97.  It also comes with an unconditional 56 day moneyback guarantee.  The creator of Forex Assassin does state that if you are not happy with Forex Assassin that you will get 100% of your money back with no questions asked. That is of course good news.  For more information on Forex Assassin please go to  Forex Assassin

The Forex Killer literature claims it is now rated the number one on opportunity online.  It also claims that no trading experience is necessary and that this is the best home based business for everyone.

If you're not a trader you may not know that trading Forex simply is not the best home based business for everyone.  Successfully trading Forex or any other market over the long term takes adequate capital, planning, tested and proven trading methods, and discipline.  So I would have to politely disagree with Forex Killer in saying that trading Forex is a great way for someone with no trading experience to earn money at home.

I'm now looking at the graph of some Forex Killer results and it shows no losing trading months from January 2006 through May 2008.  Even I have to admit that that looks quite impressive.  I would personally like to see a breakdown of each trade before I would pass judgment as well as a longer track record as a three year track record doesn't really tell me everything I'd like to know about how well a system actually operates.  What I mean by that is what if it only works for those three years that well and all the other years are a bust?  I'm not saying that that is the case, I'm just asking what if?

There are also a group of video testimonials where apparently satisfied customers tell how great the software is. The ones I listen to didn't really seem to offer any specifics as far as the operations of the software, just pretty much generic testimonials actually.

Next I look at a graphic that claims to show a two month period were a $100,000 account becomes a $641,147 account using Forex Killer software.  I decided to take a closer look at this track record.  The first thing I notice is that there were multiple lots traded of each of the currency pairs.  This makes sense as it is a $100,000 account were talking about here.  This appears to be a hypothetical track record and I do not see that there are any transaction costs listed in the results.  The only way this will be possible in a real account there was a Forex broker that did not charge transaction costs and you and I both know that that is highly unlikely.

Without transaction costs all track records look to be much more impressive than they actually are especially those that are trading multiple lots.  There is a graphic the account balance and at the bottom of the page and it shows an equity curve which is very smooth

The equity curve is at nearly a 45° angle. With the transaction costs added that the equity curve would look much different than the one that is displayed. For more information on Forex Killer feel free to click on the following link: Forex Killer

The one thing I really like about this as there was an MP3 version of the book included which many great for listening in your car or an MP3 player. Also this website is not overly hyped and it's very important.  There are no guarantees of making money or anything as ridiculous as that.

The bonus guide, called "Choosing A Forex Trading System", contains information worth many times the asking price of the entire package.

"Your Guide To Profitable Forex Trading" goes into such things as:

• Advantages of Forex over futures or stocks
• Choosing the right broker
• Technical and fundamental analysis
• Choosing your Forex trading strategy
• Understanding Forex spreads
• A collection of over 30 powerful Forex trading tips
• How to cut your losses short and preserve capital
• Understanding Forex trading risks… and much much more

"Your Guide To Profitable Forex Trading" is aimed at people who are contemplating trading in the Forex market or for beginners who are ready trading in the Forex markets.  I would not recommend this guide for someone who is experienced in trading in the Forex market because it would be too basic for them.

The basics that are covered in this book are things that every Forex trader should know and are particularly important for those who are just starting out or thinking about getting started. One really important area that this guide covers that I don't see covered in a lot of other guides, in fact they don't even mention it for the most part are things such as Forex trading risks and dealing with losses.

"Your Guide To Profitable Forex Trading" will get my vote simply based upon the inclusion of these important things but it also has much more useful information include.

The bonus guide choosing a Forex trading system also contains a host of very valuable information.  This is the type of information that anyone who wants to trade successfully in the Forex market needs to know.  It contains a step-by-step breakdown of the things you should look for in a Forex trading system. 

With this guide you'll be able to filter through the many offerings for Forex trading systems and pinpoint those which may be right for you.  The guide details many of the potential pitfalls involved in numerous trading systems and can help to save you a great deal of time, money, and grief. For more information on "Your Guide To Profitable Forex Trading" feel free to click on the following link: Profitable Forex Trading

Forex Autopilot is advertised as the "Automated Forex Trends and Analysis Program" as well as the "Forex Autopilot Forex Trading Signals Software System".

It is also advertised as the "Automatic Money Making Robot". I noticed that it claims it was as seen on BusinessWeek, NBC, Entrepreneur Startups, Entrepreneur Young Millionaires, and CBS news.

The author of Forex Autopilot is Marcus Leary and he shows a screenshot of an account going from $2910-$8916 showing profits of over $6,000 gain in a matter of about three weeks.

Forex Autopilot speaks of making a full-time income working no more than two to three hours per week from the comfort of your own home. I don't know about you but that certainly sounds appealing to me. I'm sure you would mind and making an extra full-ime income from the comfort of your home. I'm sure that if this were possible that you could probably squeeze out two to three hours a week to do so.

From continuing to read the Forex Autopilot literature it appears that it is designed to appeal to people that would like to earn a living working out of their own homes and not have to deal with a nine to five job.

As I continue to look at the Forex Autopilot literature I come across a number of video testimonials where you can actually click the button and see people tell you about their experiences with Forex Autopilot. I found it to be very interesting. The people in the video testimonials were basically regular folks who were speaking about how happy they were with the system. As I read further Forex Autopilot claims to not be a get rich quick scheme although they are is much mention of making tons of money is in a full-time income with little or no effort as in two to three hours per week.

As I'm writing this I'm clicking on a link to a trading report that shows how an initial deposit was doubled in just two weeks trading with the Forex Autopilot system. I know that you might think that hey it's great that they're actually showing this two-week trading report. In reality, two weeks is considered a drop in the bucket when compared to true long-term Forex trading success. The fact of the matter is that there are probably many Forex trading systems that could have a good two-week period of performance.

Personally I'd like to see a much longer-term trading report because I cannot make my decision based upon only two weeks of trading performance information. My personal opinion this is too short an amount of data to accurately assess the potential long-term performance of Forex Autopilot

Another thing I don't particularly like is the 56th day money-back guarantee. Notice that I didn't say 56 day unconditional money-back guarantee. That is because in order to receive a full refund there is a condition attached. According to Forex Autopilot you must send your trading screen shots into them in order to receive your refund if you are dissatisfied with the product. This seems like an unnecessary step and just an extra hoop for you to jump through in order to receive your refund. Truthfully, if the software is so excellent I would think that she would simply promptly give anyone who would be dissatisfied with it a no questions asked money-back guarantee refund.

In one section of the Forex Autopilot literature Forex Autopilot claims that according to its history back test that Forex Autopilot makes 96% winning trades. Maybe it's just me but I have a problem with the claim of a percentage of winning trades that is that high. It just seems unrealistic.

This high percentage of winning trades may not seem unrealistic to someone who has never traded. Someone completely new to trading may think that this percentage of winning trades is completely normal. Let me assure you that it is anything but normal. You don't need a winning trade percentage of anywhere near 90% in order to be a successful Forex trader over the long term.

Please keep in mind that I'm giving you my personal views on Forex Autopilot. I hope that the information I provided you with has given you a better idea of what the Forex Autopilot system is all about. Forex autopilot does offer a money-back guarantee so it is possible to try the software out for 56 days. My personal suggestion to you is that you do so using a Forex practice account with absolutely no real money at risk. In this way you can just get a feel for how it works and if it is right for you. For more information on Forex autopilot feel free to click on the following link Forex Autopilot

I'm currently at the Forex Tracer website prepared to take a look at what Forex Tracer says it can and cannot do.

Some of the things it mentions are easy installation, no experience needed, proven profit system, no hassle trading, no human error, works with any MT4 broker, no risk demo accounts, automated trading, no more picking losers, 60 day refund policy, start within minutes. Right off the bat for the "no more picking losers" to be completely accurate this trading system would have to produce 100% winning trades. That, of course, is highly unlikely.

In big bold letters it states that the system made $335,000 last year. As I read more of the advertisement on the website it says that the initial deposit in order to make this $335,000 was $25,000. It also shows that the EUR/USD was used in this testing.

What I find simply amazing is that the percentage of profitable trades is over 90%! What I find amazing about this is that this is highly unlikely. I'm not going to step out and say that it is absolutely impossible, but you have a better chance of hitting a winning lottery number than you would of having 90% winning trades over the long term.

I just come across a section that says click to view the full back test report so I went to take a look at that. As I start looking at the Forex Tracer back test report the report starts on June 30, 2006 and runs until May 23, 2008. What I find it interesting is the profit advertised on the first page says $335,000 last year. As a take a closer look at this the $335,000 is the actual equity the test shows rather than the amount that Forex Tracer made last year. A look at a strategy tester report will show that the beginning of this year until the end of the test on May 23, 2008 the shown a profit of Forex Tracer is more like $132,000.

You should also keep in mind that during this particular 2008 trading that the strategy tester report shows that 10 contracts had been traded. If we take that number and divided it into the $132,000 we would basically see that the system as shown with made $13,200 trading a single contract (based upon the results shown by Forex Tracer). This will give you a better idea when comparing Forex Tracer with other available Forex trading systems on the market today.

I didn't really have to delve into the Forex Tracer strategy tester report to determine the unlikelihood of the continuation of a 90% level of winning trades. This may sound super attractive and the outset but I've never spoken to a successful trader that it had a 90% level of winning trades over the long term. Remember it's over the long term that actually counts because track records showing one or two months of spectacular performance or truthfully only one or two years a spectacular performance are pretty much meaningless.

I would feel comfortable wagering anyone, anywhere, at any time that Forex Tracer will not have a long-term winning percentage of 90%.

An additional note is that Forex Tracer advertises that it was developed by Forex trading pros. I know I sound like a cynic and a skeptic but you show me a Forex trading Pro that is actually getting a 90% winning trade average and tell me why they would be selling that Forex trading system for $97. With that in mind, of course, Forex Tracer could be the greatest thing since sliced bread and two years from now when you're sipping margaritas on your own private tropical island you could call me and make me green with jealous envy. Whether or not you decide to try Forex Tracer is completely up to you. I understand that $97 may not seem like a lot to risk for the incredible results that are shown. In fact even though there is a 60 day money back guarantee getting your $97 back if you happen to lose thousands and thousands of dollars is really not that appealing. For more info on Forex Tracer click on the following link Forex Tracer