Fire scalper is a new automated Forex robot that claims take advantage of simple trick that can earn traders up to $500,000 over a three-year period. Henry Ford as the developer of the software and he believes you can find success with all the different versions of his robot.
Today I’ll be providing a review for the Forex robot nation readers and anyone else who wants to hear it.
Fire Scalper Review
In looking at the fire scalper software there are four different versions and they all have my FX book accounts showing their results over a short period of time. The main account has been running for about two months and boasts nearly 300 trades with a 33% gain. Use a system like this you will need a broker with a small spread because the software’s average win is five pips and the average loss is also five pips. Although my FX book says the average losses five pips the more I look at it closely the average losses Pierce to be 28 pips. This is common for a scalping systems to have a smaller take profit and a larger stoploss to let the trades breathe.
There are multiple elements of the fire scalper system that Henry Ford has discussed on his website. He believes that having a high frequency of trades will help his customers develop more profits over time. He also provides an option of four different versions which basically trade the same way but with four different trading frequencies say you can decide how many trades per day you would like to average.
At $47 to fire scalper definitely has caught my eye and my interest. As I mentioned before it is important to have a broker with low spread use the software but that doesn’t mean it is something I’m going to avoid. I really want to do some testing with the system and see if it can truly provide the profits Henry Ford believes over a long period of time.
At this point in time I’m not going to recommend the fire scalper but I’m certainly going to say that I am interested in it. I plan on taking a closer look and letting you know my thoughts. If any of the Forex robot nation readers have tried this software already please leave your comments below and let me know what you think about it.