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- This is a review of Bird Watching in Lion Country 2010 ebook.
Bird Watching in Lion Country 2010 is the updated version of Dirk Du Toit’s ground-breaking forex ebook. The original version was launched over 5 years ago and regardless of the unusual title, has become an all-time best seller among forex trading ebooks.
Du Toit begins with the principle that the foreign exchange market is a dangerous jungle – lion country, in fact. Wherever we turn we are set upon by gurus and experts, a few of whom possibly do not even trade successfully themselves, all attempting to sell us something to make forex trading simple. An easy system that a child could master, a forex robot that you can set up in 5 minutes, whatever.
Du Toit’s premise is that there is absolutely no way any person can profit from trying to make forex easy, since it just isn’t. If you wish to go bird watching in lion country, he states, you must take precautions. You must know what you are looking for but even more important, you must know what to avoid.
If you’re looking for a straightforward forex trading system based on one indicator with fixed rules that you never break, this is not the ebook for you. Du Toit’s system takes a variety of aspects into consideration. He argues that you can’t expect to trade forex profitably for any time period without taking account of basic factors, i.e. market forces.
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In this Forex Confidante review, we take a close look at the forex trading system developed by professional forex trader Tom Strigano which is on sale through the online retailer Clickbank.
What You Get
Forex Confidante is a specific trading system that you apply yourself through your broker account. It does not rely on robots and you don’t need to invest in any robot to set this up. You can test it out on a demo account before you start trading for real, which we would always recommend anyway with any system, however successful.
The system is available for instant download. Just be sure not to close your web browser after payment and you will reach a page where you can download the ebook which describes the system.
You can upgrade to get the Forex Confidante videos which give you a very clear introduction to the system. We recommend that you have a quick read through the ebook and then get the videos if you think you need them. Beginners will almost certainly want to see the system in action. The videos are easier for getting a grip on the basic system but the ebook goes deeper into the techniques.
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The following FAP Turbo review looks at the expert advisor that burst onto the market late in 2008 and has been taking the forex scene by storm. Is it truly as great as the sales page makes out? Following are the positive and negative points of FAP Turbo in our humble opinion.
User Results and Feedback
This is always the most crucial thing to consider for any forex robot. Obviously, the outcomes that the product developers claim on the sales page are remarkable, but how things go about when you purchased it? How exactly does it actually perform for people just like you?
FAPTurbo performs fairly well here. It surpasses most of the other automated systems on the market. Just like all robots it has its bad moments when the market doesn’t work in the manner it is set up to expect, and (once again like all robots) some people just have a bad moment with it for one reason or another, usually because they lose interest while trying to set it up.
Do not anticipate to double your money in a week. The risk you’ll have to take to do that would be huge. The unbiased feedback in the forums is typically positive, that is if you ignore total newbies who were aiming to get rich overnight. The majority of people are reporting around 10% to 30% profit per month which is actually a nice steady outcome.
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This Forex Trading Made E-Z review will examine the system for trading on the foreign exchange currency markets developed by George C Smith. When you order Forex Trading Made E-Z you get an ebook and 12 training videos setting out the system in step by step form.
The basic structure is that you have the ebook which you can download instantly when you place your order (any time of the day or night). Inside the ebook you have the links to each video at the point where you need it. So you will see a written explanation of a chart or a technique, and there will be a link right there to a video that you can access on the internet showing you the actual action.
Strengths
The ebook is 84 pages but there are plenty of charts so there is not a huge ton of text to read and remember. This is basically one system and George Smith tells you how he trades using candlestick charts and latitude lines with the aim of increasing his bank by 5% each day.
5% each day may not sound much until you do the math. It comes out to mean that if you had no losing days, you would double your money every 17 days. In 90 days you could grow $100 to over $7,300. Of course losing days are a fact of life and if you don’t accept that you will be tempted to take stupid risks, so it is better not to expect anything like that speed of growth. George Smith’s point here really is that you should not be trying to make more than 5% a day.
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In our FAPTurbo Evolution review we look at this new forex trading robot hitting the market in mid July 2009.
As you will know if you have been around the forex market for a while, FAPTurbo was the big automated forex software hit of late 2008 and is still trading well in mid 2009. The economic downturn seemed to do nothing to prevent this automated forex trading system from making money for its users. So what is with the release of FAPT Evolution, the new revision of FAPTurbo from the same developers?
The first thing to note is that FAPT Evolution is designed to work with one brokerage company in particular, the Swiss based Dukascopy. In fact until they ran into trademark issues the developers’ original plan was to name this new robot FAPT Swiss.
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This Forex Megadroid review takes a close look at the expert advisor software that claims it is “seeing into the immediate future with 95.82% accuracy”. Artificial intelligence is one thing – predicting the future is another. So how does the ‘droid measure up in practice? Can it really foretell the movements of the markets?
How It Works
Developed by John Grace and Albert Perrie from out of 38 years’ combined experience in the forex markets and launched in the spring of 2009, Forex Megadroid uses what is called ‘market adapting intelligence’ to make it flexible enough to achieve a high level of accuracy in a fluctuating market.
The criticism thrown at most automated forex software by many traders is that the robots can only make money if the markets are consistent. The old style of robot that was based on inflexible rules was not able to cope with major changes in the patterns of market fluctuations.
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