Thursday, April 16, 2009

Forex Maestro Review


By: James Spinosa

The Forex Maestro forex robot is the brain child of Mike Johnson. The Forex Maestro is a signal generating software that can intelligently guess the fluctuations in the currency market by watching many historical factors that signal change. By guessing all of the small fluctuations this can easily gain loads of pips for intra-day, intra-week, or monthly investments.

Which Forex robot is the best, Forex Maestro or Forex Ambush 2.0?

While I have tried both of these systems and have been quite successful with each, this is also because I have prior experience with currency trading. With both systems I am seeing most of my positions closing with decent profit margins, but I am definitely getting an overall better result from Forex Maestro than I am Forex Ambush. Forex Ambush seems to be more designed for beginners than Forex Maestro. Overall, I would give Forex Maestro my stamp of approval over Forex Ambush.

Does the Forex Maestro actually work?

Yes, the Forex Maestro does work quite well but as with any forex trading software there is going to be risk associated with it. I would always do demo tests before attaching it to the live market with real assets at stake to make sure you are familiar with the system. The Forex Maestro is good at picking up on signals but if you don't know how to use the system properly it will yield no benefit to you. Forex is not for the faint of heart, the markets can shift wildly and inexplicably based on political events, etc. and to accurately determine the real value of currency you need to take millions of factors into account, this is where the Forex Maestro system comes into play.

What kind of results can I expect from Forex Maestro?

It completely depends on the market that you are entering, the amount of risk that you want to implement, what trading pairs you pick, and your level of experience. Once you factor those in, then it also depends on the amount of money you have to invest. You can't invest five dollars and hope to turn it into a million, you have to at least have something to stake if you wish to make a profit with any kind of forex system.

As with anything the level of success that you will get from the Forex Maestro depends on the amount of effort that you are willing to put into it. If you don't put in the time and effort to learn how the markets work, how this software works, and how the geopolitical atmosphere effects it all then you will not see great results. For those willing to put in the effort, this could become an incredibly profitable full time job.

Would you recommend Forex Maestro?

I definitely would recommend the Forex Maestro to any currency trader whether they are new to the system or an old pro, this system takes in many variables that as humans we simply cannot follow. The data crunching capacity of this software is huge and it makes it hard not to make a profit using this system, just make sure to use common sense rather than solely flying on the advice of software.

You can get Forex Maestro by visiting its official site at Forex Maestro Site

1 comment:

john said...

hi..nice info..