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NEW FOREX KILLER REVIEWS

December 27, 2007

Another Reason Not To Trust Most Forex Killer “Reviews”

Ok, so I forgot the most important thing about blogging after writing a post… approving comments! Believe it or not, after all the banter I created about not trusting Forex Killer Reviews with links to Forex-Killer.com that go through CLICKBANK, well, sure enough, the first comment was from the owner (I’m guessing, who else would promote this .com) of which on the surface looks like a simple, fast, and unbiased review of the software. The owner is actually nice enough to give you a special offer of $10 off Forex Killer (only after you buy it and email him asking for the $10 back though). Through this review the owner of this site says he has reviewed Forex Killer and believes it to be the single greatest tool for predicting Forex market directions, but I have been to that site a few times, it is in fact perfect example of how not to trust a website that Reviews Forex Killer and puts their affiliate code all throughout the page.Forex Killer Please keep in mind, I wouldn’t be making this post if both I haven’t actually seen uwpReview before actually making my first post about Forex Killer (giving me the idea for the first post), and secondly if the owner hadn’t tried to spam my blog with the link to it.

It’s HILARIOUS that the headline of the website is “The Guy who hates all forex software tells you the truth about Forex Killer. Is it really worth your money?” This little comment softens up you visitors trying to find a REAL review on Forex Killer but what they’re really trying to express is, THIS GUY HATES ALL FOREX SOFTWARE, EXCEPT FOREX KILLER. Why doesn’t he hate Forex Killer, what makes it so special? The fact it finds the trend for you, or the fact its making him $30-$50 every time someone buys it through his website? Neither answer helps us much. For a guy who hates ALL Forex Software, he sure spends alot of time trying to promote it. This episode is just another tragic tale of how greed and laziness can overtake the human soul and affect the unsuspecting consumer. Greed in the sense that people will say anything (true or not true) to make a buck, and laziness because certain people don’t take the initiative and try and learn Forex and make money the “honest” way (if you can call trading Currency an honest profession, some actually call it gambling). It’s sad the entire Forex industry gets a black eye because there’s this stigma that every single piece of software is just a ruse, a trick that plays on the consumers’ desire to find the cheapest, easiest way to succeed without doing much learning.

Some people even go as far as citing such nefarious money making tactics as their rallying cry against EVERYTHING Forex: Forex Brokers, Forex Traders, Forex Mentors, Forex Websites, everything about Forex is considered a scam… gee I wonder why. This Christmas I actually got so infuriated at a family member for denouncing what I did for a living, turning to my parents at the dinner table asking if they were ready for the FBI to swoop in and arrest their son. Arrest me? For what? I trade Forex through a broker! I do absolutely nothing wrong, yet there’s this stigma associated with Forex that everyone who does it is a criminal. The proper way to describe Forex is “it makes some people so much money, it oughtta be illegal.” But anyway, this grand misunderstanding was just an example of how Forex has been demonized in the press and in the forum of public opinion. But considering there has to be at least 100K different Forex Domains, millions of individual web pages, mostly set up like UWP-PREVIEW with affiliate links, does it surprise you that people are getting upset when they never earn the millions of dollars they were promised if they used a particular piece of software?

I know what the Forex-Killer.com site tells you, which this webmaster’s review echoes:

-Get forex signals before anybody else gets.

- You will know what and when to buy

Really? Forex Killer knows what to buy and when? I actually think the opposite, that you’re basically on your own with this software, you can enter 10 close prices for any time of day, and within as little as 5 minutes, the trend can change against you, this is a simple and hopefully sobering fact, but Forex-Killer.com says as much through its disclaimers. In fact, all “Forex Forecasting Software” has some sort of disclaimer that hopefully snaps you out of the fantasy world in which you’ve heard of people making $1000 in one second.

You have to keep in mind, anything is possible in Forex, you can make $1000 today, and lose it all and then some tomorrow. So, it’s the ultimate test of one’s confidence being a successful trader and every time I fire up Forex Killer and enter in the price data, I have that awful feeling that I used to get when I was a total n00b at this, always questioning myself before I click to Buy or Sell button, “SHOULD I TRUST MY INSTINCTS ON THIS TRADE?” Now, using Forex-Killer, I have a whole other dimension of uncertainty added to this equation, “SHOULD I TRUST THIS SIGNAL ON THIS TRADE?” Well, I truly despise that feeling, it’s natural for most of us to have doubts, but even after making pips with Forex Killer a few times, I always wonder if this next trade will be my last with this software. Therefore, I made up my mind to reduce the amount of uncertainty and not use Forex Killer as the major part of my trading plan.

Nevermind the psychological aspects of using Forex Forecasting Software, where’s the updated version of Forex Killer that’s on the Forex-Killer.com site? If you do decide to boycott Forex Killer, don’t do it because you think its a scam, or its not worth it, or because of my uncertainty while using it, it might very well help you find the trends and get you into winning trades, that’s not the issue. Forex Killer DinkyI wouldForex Killer say it would be wise to not buy it until we can find an answer to why you pay for the old version of Forex (left) while they are clearly using a newer version directly on their site (right). Is it that wrong to ask that? I hope I’m wrong about this, but more and more every day I feel like Forex-Killer.com is created by someone who took the idea of the software on the right and made a quicker (perhaps cheaper) version which you see on the left. Someone prove me wrong, send me a link to the updated version of Forex Killer please and I’ll admit I’m wrong, I don’t care really, I just want to make more Pips. Read more

Forex Killer Scam or No Scam?

December 27, 2007

FOREX KILLER SCAM OR NO SCAM?

If you’ve been trading Forex and you haven’t heard of FOREX KILLER, don’t feel bad. You’ve probably stumbled across my blog while trying to Google whether or not Forex Killer is a scam. First off, let me say I’m not like the 100’s of other idiot bloggers out there “reviewing” Forex Killer while putting my affiliate link to their program in somehow. Forex KillerI do not get paid for promoting Forex Killer, even though I belong to click bank I refrain from promoting something you might lose money with. This review is unbiased and is as fair and balanced as possible. Secondly, most of these bloggers probably didnt even purchase Forex Killer like I did, therefore I have first hand knowledge on this software as well. That being said, let me say that Forex Killer is not a scam. When used correctly, Forex Killer makes you pips, makes you money. But Forex Killer is nothing BRILLIANT, as I will discuss later on. I will say though, that Forex Killer has put itself through a mass media campaign, blanketing 1000’s of sites with their links and good reviews, which, for the most part, obscure unbiased reviews such as this one. I have yet to see someone actually try out Forex Killer in real time or without a sales pitch like this blog entry does.

I’ve even seen on Youtube a handful of videos showing “real” testimonies from people making money with Forex Killer. Interestingly enough, these videos of women testifying to the effectiveness of Forex Killer are popping up. The very attractive young lady from Mexico City seems to be reading verbatim off of a script on the screen. The other lady seems to have a basic knowledge of the software, but she fumbles around with her speech, looks at the screen a few times and regains her train of thought… talking points on the screen perhaps? All valid questions that can be posed to the makers of these videos which coincidentally are closed for commenting. The Forex-Killer.com website has pictures of Dodge Vipers, beautiful summer villas, leading you to believe that the owner’s are living it up based on predictions made by this software. Maybe they are, but most likely they are living it up from selling 1000’s of people Forex Killer, but that’s just conjecture.

The Plot Thickens (For Me At Least)
At the end of November, I emailed Forex Killer’s support department voicing concerns over why my version of Forex Killer looks so “dinky” compared to the one in the video example I saw on Youtube and in the screenshots on their site. Still haven’t gotten a response. The video was from August. I paid $97 in November for a version of Forex KiForex Killer Dinkyller which is clearly outdated months ago. Forex Killer I even read on another blog somewhere, a guy saying he got the “updated version of Forex recently” but could this have been one of their clever marketers making this post to make people who like to investigate things, like me, think they’re going crazy or just plain feel stupid for not being able to find the new version? Maybe they hope we missed the email from them? At any rate, this “dinky” version of Forex Killer prevents me from automatically feeding data into it from Meta Trader 4, rather I have to sit there trying to enter them one by one. This newer version of FOREX KILLER has a title of FOREX SIGNAL SOFTWARE in the title bar for the application and allows you to click one button and the price data is entered, no fuss. This all makes me wonder if Forex-Killer.com is the original Forex Killer or is a derivative of some other software? I hope not, I really thought I was going to get the software on the right. At any rate, I hope I am wrong and they email me soon to rectify this discrepancy, maybe there’s a secret page for a download for the newer looking version.

Above Pictures:
SCREENSHOT ON LEFT is What I Paid For And Got (From Desktop)
SCREENSHOT ON RIGHT is The Advertised Version (From Forex-Killer.com)

Enough With The Drama, Does Forex Killer Work?
As for it’s functionality, I read through the instructions a few times, and was left wondering how this can be effective at any time of day for any pair but after using it for a while I answered my own question. Forex Killer, quite simply, takes the previous 10 closes and works out if the trend is going up down, or is flat. This also begs the question, if the hour trend is up, and the 30 minute, 15 minute, and 5 minute are down, which trend should you trade? Forex Killer really doesn’t spell that out for you, nor will you be getting clear entry and exit points from them. That being said, most professional traders, guys who have been in the business for years can probably look at a chart and within 2 seconds figure out exactly what Forex Killer is going to tell a beginner for the price of $97. Inevitably, nothing can predict the final movement of any pair in the Forex market, don’t expect Forex Killer to do that either, that’s why they say X% effective trades, because even price can go against the trend from time to time.

 

PLEASE DON’T BE FOOLED BY OTHER PEOPLE’S “REVIEWS”
For instance, visit this page http://www.squidoo.com/forexkillerreview , this guy paints this bright picture of Forex Killer, but at the end, puts his aff code at the bottom = TOTALLY BIASED!

So be warned: Any “Review” Of Forex Killer that ends with a link that has “CLICKBANK” in it somewhere, it means the reviewer is biased. Not necessarily lying, but he has a good reason to, and that reason is financial gain. Some webmasters even redirect pages from their site to mask the link. So, rule of thumb, any review of any Forex software, without a link to the program, means its fair and balanced.

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