Tuesday, April 18, 2006

Kicking Off the Forex Robots SCAM Campaign

Just thought I’d let my readers know that the NDD forum is active again. If you enjoyed the dealing vs non-dealing desk debate, you’re really going to love the in-your-face challenge we’re dealing with now.

The issue? Gypsy programmers selling bogus forex robots. I know you’ve seen them and they all look and sound alike. Here are but a few illustrations.

“I turned a profit of $50,212 in just one week and I didn’t spend more than ten minutes at my computer doing it.”

God awful testimonials that read like this: “I’m a 57-year-old, x-truck driver and thanks to you, Bob, I just closed escrow on my dream home in the Hamptons, bought a brand new Rolls Royce convertible, a 120 foot yacht, and married a 20 year old babe with the intelligence of a grape. You’re the man.”

And how about this? At the top of the developer’s website one see the logos of major media giants like CCNMoney, Forbes, FoxNews, MSNBC, Bloomberg, and the Wall Street Journal preceded by the words “Forex as seen on.”

And this? “Gosh, we’re sorry. This robot has sold out. If you’d be interested just enter your email address and we’ll let you know if we decide to allow additional traders to buy it."

And finally this. “Just enter your email address and we’ll send you proof.”

The long and short of it is that traders are in a position to put developers offering bogus forex robots out of business. All they need to do is contribute to the discussion.

Let’s put to rest the all the hype and fantasy. Robots work or they don’t work and traders should demand they be given the opportunity to examine a robot before they purchase it or take their business elsewhere. Money back guarantees are worthless.

If you agree, please visit NDD Forum and let your thoughts be known.