Sunday, March 13, 2011

A Short Review Of Forex Loophole

By Zeke Morganstern


Forex Loophole is a currency trading program produced by Joe Jamieson. It is a piece of software that Jamieson promises will enable its users to trade forex viably with a small amount of effort. It works by showing the user when to enter and get out of trades to decrease the burden of decision making.

Jamieson makes the subsequent statements: it demands no unique knowledge; it demands no effort, you just launch the application and let it work; it doesn't have any enormous upfront fees. He also states that: it has a 99% success rate; that it produced over $200,000 in profit for him in a year; and that it has very tiny drawdowns.

The advantages of Forex Loophole are evident if Jamieson is to be believed. It could make a great deal of money. It demands little effort. And it costs little to get started.

However, I am just a little skeptical regarding Forex Loophole. The promises seem too good to be accurate. Obviously forex trading is risky. Can a piece of software really reduce the risk to an acceptable level? The income statements also seem to be excessive. Can you really make $200,000 with a small upfront expenditure? I guess it's possible, but is it probable?

In summary, Forex Loophole sounds like an incredible product, but I can't endorse it. If Jamieson's claims are legitimate, it is genuinely an outstanding product. But if they aren't, then you could end up losing a lot more cash than you might be making. I believe that if someone found a program that was this rewarding they would not be selling for such a low price. But if you are still wondering about it, you can read much more about it at fxloophole.com.




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