TheWizard review: Pros, Cons and Traders Ratings.

I have used the forex at TheWizard.com and have more than satisfied. The tutorials are excellent and it shows you how to trade with the trend of the currency pairs. They have arrows that are colored and indicate the trend. When they match up you have a high chance of a profitable trade. In choppy markets you must wait for the same color arrow to make sure you are in the trend. It is simple but I have made up to 35% in one month. If you follow the recommendations with their rules, I have found that you are more than satisfied

This one looks really great when you first start using the service and you think that you can make lots of money. If you subscribe to the Forex Service, you will get daily signals on about 20 different currency pairs. Every day the Scan will tell you which of the 20 are Winning and which are Losing, and which are flat, and it will give you a statistic for average profit and average loss. Of course, the average profit will always be 3 or 4 times the average loss, which makes you think that the system must be a winner. But the problem with the system is that it does not account the total winners or losers over the past week, month, or year, etc., so you will not see how many trades crashed and burned and then got recycled with new signals, going from buy, to sell, to buy, to sell, until it finally gets out of its own way and starts into profit. Many trades crash and burn and will burn a hole into your account before you get to the point of profit. Over one month of following these trades every day and keeping track, I have logged -1350 pips so far. Even though the site will tell you that the average winners are 3 times the size of the average losers. Of course, I only did this for 1 month. This is not enough time for me to label it a scam, but I am not going to sign up for another month and I am going to run away fast from the Wizard. If you sign up, just make sure that you dont trade any of the signals for the first few months until you can see how this works.