The Forex Assassin Review - Is This Forex Trading Bot Scam?

The Forex Assassin Review - Is This Forex Trading Bot Scam?

by Stan Smith

Are you interested to learn more about the Forex Assassin software, and whether it is really able generate a profit from the currency markets? The owners of this software claim that you can easily generate a home based income even if you have no prior knowledge. When traded wrongly, the currency market can cause anyone to lose a fortune quickly, so you should take the time to learn its basics first if you are a beginner, even if you have an advanced software like the Forex Assassin.
1. How Does Forex Assassin Work?

This trading system relies on only the price of each currency pair to determine your entry and exit points. It uses no other forms of indicators or charts, which is quite different from most other Forex trading systems. It is basically a set-and-forget system that requires no decision making on their users' parts, and is made for people who have a day job.

2. What Do You Need To Do Everyday To Run The Forex Assassin?

Firstly, you must establish the amount of capital you plan to commit to your trades. This allows the software to set your profit targets and run your trading plan according to your target profit. After that, you will need to take note of specified prices from the market in the weekend, and use the numbers as input for the system's formula through a spreadsheet that you download from the member's area. The spreadsheet's formula will then use the numbers you had entered and work out your profit and stop loss prices.

3. What Does The Forex Assassin Package Contain?

This system package contains a guide that details the step by step system that you will use to run every weekend. After that, you get to learn how to trade with a demo account as there is a guide that teaches you how to do this. If you have no experience trading currency, you can use the list of sites provided in the guide to start paper trading with the system.