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ForexMasterMethod.com (Russ Horn)

Discussion in 'Trading Systems' started by Administrator, May 13, 2011.

  1. Administrator

    Administrator Just Administrator :-)

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  2. FXCO

    FXCO Corporal

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    Lol only 750 copies will ever be sold. Have any of us not heard that before.
     
  3. ab1

    ab1 Recruit

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    Yep totally agree, marketing hype to the extremes as usual, my view is when you see the cost of the system you realise that if you managed to sell that many copies, theres no need to trade for a living, its easier selling system after system.

    But I am willing to be proved wrong.......
     
  4. hdiv

    hdiv Recruit

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    They're trying to ramp it up. cost $999 . Used to be most of the past systems sold from OldTreePublishing cost $67 or $97 via clickbank. You can see about 20 or more past systems and old websites from OTP in the past decade.

    They saw that wealthinsideralliance.com is selling each of their systems/signal services for $1997 each with 90 day must-try-first before refund guarantee.
     
  5. bebinv

    bebinv Recruit

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    Russ Horn's new system Forex Strategy Master

    To Administrator: Maybe this should become a new section

    There are several ways of producing misleading ads for forex software.
    The two commonest ways are cherry-picked charts selected in retrospect and fake broker reports of immense gains in minimal time.

    Russ Horn (for whom I have had great respect previously) disappointed me by using a third deceptive way. His latest software Forex Strategy Master has been designated with the impressive title “Voted best FX system of the year”.
    This expression is both misleading and meaningless unless accompanied by information on the following three points:
    -- Who arranged the competition?
    The sales organisation Old Tree Publishing?
    -- Who were the voters?
    “Beta traders” – Please specify that they are indeed independent and not just
    inhouse traders affiliated with OPT.
    OPT ads are always overenthusiastic about every new software they promote.
    -- Which other systems were up for voting?
    Including systems sold through OPT earlier during the year?!
    If so we learn that other systems sold by OPT are not so good!

    Well, that information is missing. Therefore the most likely explanation is unfortunately that the “competition” (if there ever was one) was an inhouse one, arranged by OPT and with no real up-to-date systems as competitors.

    Furthermore it is inappropriate and unrealistic to show only dollar gains and not pips. Beginner traders will not know that the fanciful gains of many thousands of dollars will need a capital base in the order of $100,000.
     

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