First off I'm am not a buyer of this product, so if anyone has more info, then maybe my review can be updated.
From what I saw on the video, it looks like this software is attempting to get in just as news is released.
Now in theory, this sounds good. Just as news is released, jump in before everyone else does, and ride the wave in either direction. But from a practical standpoint, I'm not sure of which brokers you'd be able to use that will provide tight enough spreads to allow this to be done.
Liquidity around news times tends to be low, and that's the reason you usually see very large moves, because there are few traders there willing to take the other side of trades during these times of uncertainty.
Also as this particular video I watched only showcased the trade on demo, its hard to determine if this concern mentioned is actual or not. In other words, trades always APPEAR to be filled on demo because the market and pricing is always there on demo. But in live trading, if the volume is not there, then the trade cannot be executed (at least now with significant slippage).
In any case, do your research first.
I'm of course open to correction, as I stated earlier, I'm not a member of this program. |
