IvyBot Review – is it just another useless FOREX robot? Is it profitable or it is a scam? Honest review & results.
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Strignano Forex Signal Service Price Going Up Soon

Tom Strignano Forex Signals - RECOMMENDED

Tom Strignano Forex Signals - RECOMMENDED

Yes, you read it well. The outstanding Strignano’s Forex Signals Service. price will go up soon. This is not a marketing trick that many others enjoys doing, but this is for real.

The romour has been going on between the circle of the already existing members of this profitable service, and some of them also asked to close the doors for new members. Of course this is quite natural, since if you own something precious you do not want others to have it. This also applies to this service. People are making pips after pips so they don’t want others to be like them. This is the nature of the human beings.

How do I know? I am a proud member of Strignano Forex Signal Service, and I feel very lucky that I came to know this service by luck. Of course I have locked the current cheap price and you can do so too if you click on the link below.

My Own Experience
To be honest I am not making full use yet of the service, since I am endorsed with quite some bad habits that I got during all my trading life. And its very hard to get rid of these bad habits and replace them with the new successful strategies that you learn from Tom Stragnano Signal Service. Basically I lack discipline, I don’t stick to the system rules! :( If I have sticked to the rules of just 1 system out of 3 that you get when you enroll to the trade signal service, I could have done around 470 pips last week only. This week I am determined to stick to the rules and I will post my trades at the end of this week.

Tom Stragnano Expert Advisor
Another ‘funny’ thing is that Tom is releasing a robot, an expert advisor just only for the members like you if you join today. When I heard about this robot in the members area, I couldn’t believe it – especially knowing what bad robots can do your account. During a webminar some details about the robot were also given so I said – “WOW this is true – a Tom Stragnano Robot”. They also mentioned the amount of pips the robot managed to profit in 1 month – and I won’t say it since you will not believe it. The robot basically applies the most profitable yet simple trading systems Tom uses every single day.

In fact a profitable trading system should be KISS – Keep It Stupid Simple. In fact Codex System (TM) found in Forex_Confidante, yet it is a very simple system to apply, and being a software architect myself, it is very easy to be implemented. Yet 2 other system you find in the Strignano Forex Signal Service, are very straight forward systems, but delivers pips daily! So yes I believe in this robot!

See the email below sent by Tom, confirming the price increase and the robot. You should be stupid not to take the chance now and join the service. At the end of the day you have a 1 month trial – you get your money back!

Hey,

As your trusted friend and forex expert I wanted to
let you grab a real chance at making a killing in this
market and help you stop buying crap and losing cash…

You see everyone who’s a member of our signals
service is up by huge amounts…We have newbies
who are averaging insane gains of 800 pips a week.

The support and training crushes any other service out
there because we actually care about your success.

—————————————————
THE BIG ANNOUNCEMENT
—————————————————

With the signals and our support you will surely be
seeing incredible gains, and that’s why we can charge
what we do, but we really should charge 10x more.

And we’re thinking about raising our prices soon because
in about one more week all packages will include access
to an EA that trades 24/7 like I do…It’s unbelievable…

I never thought it could be done, but with the help
of an ex-NASA computer scientist who now trades
forex, I guess it really is as close to me trading for you
as can be possible…

It’s averaging some unbelievable numbers and will
only get better, and all members will have access to
it, if they don’t want to learn forex or follow the signals
this will trade for you 24 hours a day.

So, if you are interested, I wanted to ask you to join today
because we may very well be raising our prices as soon as we
announce this EA officially to the rest of the world.

Our prices may as much as double or more…

So if you want to see what it looks like on the inside
with a community of like minded traders all happy
and making lots of money trading together under the
mentorship of an ex-chief bank trader (myself) and
a team of incredible programmers lead by an ex NASA
genius and of course the amazing Carlos who is
an expert at helping you with the signals…

September 14, 2009   3 Comments

IVYBot Final Judgement – Refund Requested

I have requested refund of the IVYBot robot since it is useless. It is very far away from what the creators of the robot said in their sales page.

To be honest I had hopes in this robot, since the sales page was different from the normal crap. They also updated their customers with newsletters of what is going on and they also released update of IVYBot. Although these could be tricks to reduce refunds as much as possible.

During the challenge we only had 2 trades, but you can follow the failer from other users, in my other blog here – IVYBot Review settings. It is the most active post in the blog.

Why I think this?
Initially they promised an update just 1 week after release, and they promised that the new release will be in a week. The new release was released 2 weeks ago, just about the first customers are due to their 60 day policy refund. A customer may think “wow we have a new version, lets give it more time. They also feel good about themselves and the robot’s customer service.” In no time, the 60 day trial expires.

I may be completely wrong, but this is the worst robot I even tested. It’s worse than Fap Turbo!

Final Judgement
At the end of the day, results count, and the robot failed to deliver completely.

September 7, 2009   3 Comments

IVYBot Results August 14 and 22

Hi, Sorry for my slight disappearence but my home laptop Windows Vista decided to bust up. Anyway…so lets s start…

Trading Week 10th – 14th August: Winning Week
This was a great week for IVYBot. 7 trades, 7 winning trades.
Profit of $54.04 with 0.1 lots default settings.

One thing to note here is that IVYBot left a trade open on Friday which I didn’t like.

Trading Week 17th – 21th August: Confusing Week
Well I was waiting for a loss trade to calculate the stop loss IVYBot is doing by default, and finally we got one, more than one :)

I had one trade that I am sure of, with a loss of -$171.39, with 0.1 lots. My demo account is $1000, so basically 17.14% loss. NO GOOD. Your risk per trade must always be 2%-5% per trade – NO MORE, in fact recommended is 2%, but 17.14% loss is very bad, extremely bad.

It is a proven fact that even if your account falls by 50%, it will be very difficult to recover. With 17.14% risk, with 4 – 5 successive bad trades, then we can simply close everything down. And hey I am not an expert trader far for it, but I do trade and money management is the most important thing in Forex. Risk more than 5% per trade, keep waiting for your bad trade to become good, and you are wiped out in a day or two.

Anyway back to IVYBot, I still can’t understand why it is risking all that amount, for just 8pip profit!

There were some more good trades along the week, but is useless to talk about them with that -$171.39 loss since the profit is negligible.

And yes I have 3 yes 3 open trades by Friday with total loss between them of around $150. I bet this will end up with $500 compound loss.

Yes Monday morning I stopped IVYBot from my Live account since I knew something is wrong – thank God.

Action Plan for next week.
I will create a new demo account $1000, will set a stop loss of 5% per trade, that is 50 pips and see how it will go. This is how I was thought to trade Forex, and it is the only way that works, so if IVYBot do not like the stop loss than he may simply f**** off. :)

I will test with 70 pips as well although I am not very keen on this, but will do.

And apologies for not cooperating lately.

PS: Forex Decimator did some good trades, but eventually I got confused since with that demo account I am testing some expensive services (but are extremely reliable) and I got confused which trades were of Forex Decimator robot. :) hehe now I have separated everything.

August 22, 2009   No Comments

All these robots and scams coming out – why cheating the customers?

Lately a number of robots where released.  However for one particular robot, something funny has happened and wish to express my opinion with you in my blog.  I won’t mention the name of the robot as etiquette to the creator of the robot, although I know they don’t careless about their customers from their point of you.

 

First Landing Page

When the robot went on sale, they had one particular landing page.

 

In a nutshell, the landing page speaks about

  • A guy called XXXXXX – is a mathematical expert who has developed the system
  • The robot creater was broke and then met this guy XXXXXX that shared the system with him
  • The sales page mentioned a number of prices but ultimately the price was qouted.
  • NO MONEY BACK GUARANTEE – WOW WOW


I was going to buy the robot, but when I saw that there no warranty, I said FUCK OFF. With so many suckers and scams forget it I won’t risk my I money.


Second Landing Page

Few hours later, I received another email, and for some reason I clicked the link like an idiot.  To my amazement I saw another landing page with a different story!

  • Now we guy have no name since it cannot be revealed to the public
  • Now the guy is broke and not the creator of the robot like the previous story.
  • The creator helped the guy by giving him the system and not vice versa
  • NOW WE HAVE A MONEY BACK GUARANTEE – WOW
  • The guarantee is not with clickbank – so my personal opinion FORGET IT

FOREX Systems – Aren’t we fed up with all these CRAP Landing Sales Pages?

Even if this guy may have the best robot in the market, I think he screwed everything by these landing pages.  It was more convincing the first landing page to be honest than the second one, but anyway.

I understand that Internet Marketers invent all emotional stories to generate sales, but with so many crap systems released every week, some buyers are being put off rather than emotionally triggered to buy the product.

And now it seems that there is this new trend to get away from Clickbank and use another company. Maybe these companies take less commissions than Clickbank, but  I believe the customer would love to really have money back guarantee.  I am always put off if the product is not bought through Clickbank.

I know that this can be abused and I understand the vendor point of view, BUT if you have a robot that really works, really delivers the promises of the landing page, really gives you financial freedom, I pay triple the price for the robot and not ask for a refund.

I am still waiting for that landing sales page which is HONEST, DOES NOT SELL YOU DREAMS BUT instead really sells you something of value, a system, or robot, or training course that really works with NO BULLSHIT.


Please share your point of view on this subject and tell us of good Forex honest services, courses etc which really delivers value to the customer and is worth every penny.

August 11, 2009   1 Comment

Changed Broker – now on Alpari

I have just changed the IVYBot robot to Alpari Broker since with Basic FX it the robot was a complete disaster.  I had another big loss trade of -$112.

I am reading elsewhere that the robot is doing good trades.  Jusat few hours ago our friend Teodore has posted his experience / results in this blog – see comment here - Ivybot Settings.  I have also taken Teodore advice and changed the broker.

I don’t know if the broker plays a very important role in the case of this robot, since IVYBot should be a long term trading robot – but anyway let’s see.

Up for next post and if someone have good / bad experience with this robot please go ahaead and post here.

August 11, 2009   76 Comments

IVYBot Settings

This will be a quick post.  I was asked by a number of this blog readers whether or not I am using the default settings or if I have already started tweaking.

From my side I am using the default settings, since I feel it is too early to start messing around with settings, although yes you can play around with back tests etc., but my question is:

If the creators of this robot have good intention and are good people and they are not scammers, they should have done the back tests themselves and the default settings should be the optimal.

Yes I am day dreaming, but I want to review the robot the way it was sold to the customer first, and then we will start optimising – if it will be worth our time.

Happy Weekend.

August 7, 2009   87 Comments

IVYBot Review as of August 7

Hi Again, so how this new robot is doing? From my end it started bad, but it is too early to judge. I am still learning how this robots trades, what it trades, its stop losses, its profits (if any), chart patterns etc etc.

The most active pair was as expected Usd / Jpy. We had 3 completed trades, 2 losses and 1 win as per image below.

3 Trades, 2 Losses, 1 Win.

Click to view the picture in full size – open in a new browser.

Right now we have another open trade in Usd / Jpy at a profit of $16.47 at the time of writing this post.

My Thoughts so Far:
At some point the last two trades in which the Usd / Jpy resulted in a loss of -$96.84 was at a profit of around $80.00. For some reason the trade was not closed.

Similarly the other trade which at the end resulted in a profit of only $41.46, at some point it was at a profit of around $90.00 and again the trade was not closed. Although later was closed for a final profit of $41.46.

I don’t know why they weren’t closed, although to be honest I expected them to be closed automatically.

Probably I will leave the default settings running for another week and then we will start tweaking around and the run begins.

Stay tuned.

August 7, 2009   1 Comment