Forex Ripper Robot Software Review
Click Here to See the Forex Ripper Robot In Action
On March 2nd, the Forex Ripper Robot will be unveiled to the public. But what’s different about the Forex Ripper Software from the other robots that have come and gone from the market? And exactly how much will this software cost? In this brief review, we’ll take a look at the Forex Ripper Robot Software and see if its really worth taking a look at.
Those of you who have read my reviews before, may know that I’m not a huge fan of forex trading robots. Many are filled with hype and that’s about it. They are poorly tested and released to the public to early and filled with bugs. Many leave their customers worse off than when they started.
However, the Forex Ripper appears to have a solid trading plan built into the robot and I found its not only a scalping robot, but there is also an advanced EA included that trades for the long term, so you are minimizing your risk even more by not focusing on just short term profits (scalping) alone.
That was the major downfall with other forex robots. They simply were scalping EA’s that traded many times in one day, but only targeted small short term profits. This is great and all, however the stop loss on these trades were usually astronomical compared to the take profit. And one trade that hit the stop loss target would wipe out any profits you had and put a real dent or wipe out almost all your account.
This is why I always advise traders to test any robot extensively before putting into production with real money on the line. Put it around the ringer for a week or two and make a final decision about a robot after that. Any creator can make a flashy robot, build it up with a bunch of hype and make a flashy sales page with real profits showing what the robot has done, but it doesn’t mean anything if the customers can’t make money with it.
Most robots come with a 30 day trial period, to let you test it out before comitting. And this is what I advise anyone interested in any robot to do. If you find out it really works for you, then it is probably well worth the $97 you paid for it (which is the standard price for forex trading software). But if you find it doesn’t work, you can easily get your money back just by requesting a refund. And you haven’t lost a dime since you only tested it on a demo account. Additionally, you haven’t really wasted any of your time except for the 15 minutes of installation and maybe the 5 minutes every other day or 2 to see how the robot is doing.
With the Forex Ripper Robot, I would suggest the same thing. I could tell you its the greatest thing since sliced bread, but that’s not going to do you or me any good if it doesn’t make you profits. And the only true way to determine that is to test it out for yourself.
Click Here to See the Forex Ripper Robot In Action
If you would like more details on the Forex Ripper, visit our Forex Ripper Review site, which shows you all the features of this new trading robot and how much its being released at to determine if its really worth the test drive or not.
2 Responses to “Forex Ripper Robot Software Review”
February 27th, 2010 at 10:15 am
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September 30th, 2010 at 11:30 am
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