Thursday, December 3, 2009

IvyBot Video Preview and Backtests

First of all it is important to understand what a Forex backtest is. When someone designs a program that they think can automatically trade the Forex Market they run it through a simulation called a backtest.  A backtest takes the Forex Market data for the last year and applies the algorithm from the program. The program makes choices based on the data it is given in a backtest and then you can see what your end balance after that one year would be.

This is the biggest scam ever used to sell a Forex program. If anyone tries to tell you their Forex trading system works and they only show you backtest results, IGNORE them. A backtest means the program has all the data already. Anyone can make millions if they know the results before they happen! That's why IvyBot only provides LIVE proof of their results. All of their screenshots are from live accounts that they ran their program on with REAL money.

This means they are sure their program works and are willing to bet their own money on it, not just yours. If a vendor won't use is own product forget him. IvyBot is one of the most solid trading systems out there and it is backed my an honest support and sales staff.

My IvyBot review is strongly positive because they are an honest group who is selling you a quality product.


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