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Forex premium scalper is yet another automated trading software by Rita Lasker. When he claims that this new scalping software earned her over $16,000 between January 26th and February 20th.
Today I’ll be providing review and letting you know if this scalper is actually worth your time and money.
Forex Premium Scalper Review
It’s getting to the point now where I actually starting to get a little annoyed and frustrated with Rita Lasker and the product she’s putting out like the Forex premium scalper. There are just too many of these hitting the market. In past reviews I’ve mentioned that Rita releases too many systems and doesn’t focus on making quality robots. You just can’t put out a new automated Forex trading solution every month that works. If she spent 6 months developing something instead of 2 to 4 weeks I would be much more receptive.
The fact is Rita is putting out too many systems a year. I have little to no faith that the Forex premium scalper robot is actually going to work. I usually find that the strategies and thought processes used in developing the systems are great but Rita lacks the proper follow-through. This is proven by the notion that every Forex robot she releases shows us results from one month. What are we really going to do with one month? This is not enough of a sample size to trust.
Today I am disappointed that I have to say that I am not recommending the Forex premium scalper to the Forex robot nation readers. I’m at the point now where we do needs to start listening to the community because these systems are coming out too fast and too frequently. When Rita starts putting out some quality products I will start providing her with better reviews but until that time I cannot endorse or in any way. If you have something you would like to leave for me to read please leave your comments below the article. I look forward to hearing from you and responding to every one of your concerns.
Hello
I agree with you guys. Same here Gordon. I lost some $200 using Forex Premium Scalper in 5 days, using default setting. Well, it sure does have around 80% win rate but considering the huge stop, the probability was not enough.
When I requested a refund, she gave me another “optimised” one which tend to close earlier than the original one. I tested it for 2 days on a demo account, its winning probability was 34 out of 35. Each win averaged around 9 pips. SL is set to 85 pips, so the strategy requires around 90% win rate to break even.
I would say because of the poor win-loss ratio, it will be too risky to believe in this system. I will probably ask for the refund in the end..
Sungsoo
Hi,
A copy (verbatim) of my email (minus graphics) to Rita Lasker (“support”) is as follows:
Hi Rita,
Congratulations for the results you (+ others) are getting from Premium Scalper!!
[graphic from their website showing their profits]
Sadly, I don’t see this on my side >>
[graphic of my Tallinex statement]
My starting USD1000 is now USD813…
[graphic of MT4 showing trade balance]
My GMT_OFFSET = 0 and ? know whether this affects trading??
Do I need to change this to “ = 2”?
Please let me know what I need to do to have similar (great) results with Premium Scalper incl. perhaps change brokers??
Thanks.
{signed}
*********************************************************************
The reply I received (verbatim):
Dear Sir,
Thank you for the message.
Yes, the difference maybe connected
with brokers fluctuations and market
conditions which were unstable these days.
We trade with default settings – they are the
most optimal ones.
Yours,
Rita
*********************************************************************
Some thoughts (mine):
1. I’m addressed as “sir” and not by my name (which is clearly visible).
2. I’ve asked specific questions; they were not addressed/answered.
3. The grammar (English) used is a bit odd.
4. It feels as though one of the ‘support’ staff wrote the reply and not Rita herself.
5. Is Rita Lasker a real person? Her Facebook account is not active c/f other Forex
related Facebook pages?
The robot went on to finally lose ~ $450 of my $1000 account before I terminated. Will be requesting a refund. Prior this EA, bought Rita’s Forex Pentium – story submitted in a separate email.
Gordon
It looks like no matter what you ask them they have an excuse for why the software isn’t working properly. That doesn’t sound good.