Forex paymaster is a new automated robot by Rita Lasker. Rea is very active in this market releasing brand-new products every month and with this when she claims she had a new profit record of over $16,000 in one month. This isn’t a very long time to test an automated system so further analysis is required.
Today I’ll be providing review of this new Forex robot and letting you know my thoughts on the system and Rita Lasker.
Forex Paymaster Review
The Forex paymaster robot works on 3 currency pairs the AUDUSD, USDCAD and AUDCAD all on the M30 timeframe. It can be used with any meta-trader for broker and boasts a handful of different awards that have been awarded to themselves by themselves. Rita has chosen the 3 pairs because she feels there more dependent on the American economy which makes the market movements much more reliable.
There is a one month statement which Freda refers to a lot in regards to the results portion of the Forex paymaster. Here we see a lot size of one and each pair trading between 30 to 40 times. It is likely you will be starting with the lot size this large but if this system is able to perform and provide the pips it has for one month that it would be worth my while. The hard part here is determining whether or not one month is a long enough time for us to trust that the system will be positive moving forward.
Today I will not be recommending the Forex paymaster because I feel Rita Lasker is producing too many products and they are starting to lose their edge. I think we do would do herself a large favor by focusing on one or 2 systems for couple of years and perfecting them. This would probably benefit the Forex community as well. If you have something you would like to add to this review please leave your comments below. I’m always looking to hear from the subscribers and readers of Forex robot nation.