Steinitz HAS MTF Review
Posted by | Posted in Automated Forex Trading Systems, Steinits HAS MTF | Posted on 25-03-2009
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Steinitz HAS MTF
The Steinitz HAS MTF Forex robot has been around for quite a while and as expected, the homepage features proof of its earnings, great testimonials from customers and the promise of making a living from Forex while you sleep or play golf. Perhaps the most impressive claim of this program is the fact that it is a 100% no loss system, so the question is – if this system has a 100% success rate, then why isn’t everyone using it ?
I have spend some time researching this product and what I have found so far definitely raises the alarm bells for me. The fact that the Steinitz HAS MTF system has a 100% success is not a false claim in itself, but the problems lies in the way that this is achieved. In order to achieve such a high success rate, this system never closes a losing trade..instead it will hang on to a losing trade forever until it turns a profit, sometimes going through massive drawdowns of up to 1000 pips and more.
This method works most of the time, but in the end it is inevitable that one losing streak will wipe out your whole account. Personally I think this system is way too risky and would not recommended it to my readers. If you are interested in automated Forex trading I suggest that you consider Fap Turbo or one of the other products on my Top 5 Forex Trading Systems page instead.
