September 20, 2008

10 Minute Forex Wealth Builder

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

Filed under Forex Trading Reviews by Robert

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