Forex Apocalypse FAQ
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(Google Now)  Date: 03 / Feb / 2012
 

Forex Apocalypse
FAQ

Forex Apocalypse icon Visit Forex Apocalypse
Forex Trading Robots


 

Below are a list of questions regarding Forex Apocalypse. They were thrown at Micheal Wright during the pre-launch period on his blog. I have listed some of the important ones.

 

1 why are you selling it if it’s so good? 2 is it really on autopilot?

Hi Eva,

Always good to see newbie traders posting. To answer your questions,

1) it makes no difference to us if we sell it to even 1,000 customers. We’re a business that specialises in making money from Forex and selling Forex robots. The Forex market is so huge that even selling 5,000 copies would not have any impact on it.

The second reason is career satsifaction, we want to be recognised as the leading forex trading robot manufacturer out there and help newbie traders like yourself.

That’s why we’ll be restricting the numbers who we sell our software to and we will close the site down in a few days post-launch. In that way we can provide the best support to a limited number of customers.

2) Yes, Forex Apocalypse is totally on autopilot. You just need to set it up and we provide an instruction manual to help you do that – don’t worry, if you can post on a blog, you can certainly set up Forex Apocalypse.

All the best,

Michael

This looks impressive but does it react to changing markets/trends?
Hi Lee. Absolutely, Forex Apocalypse works with all market conditions/trends.

Which currency pairs does Forex Apocalypse trade?
Hi Mack, it works with all of the major currency pairs.

Will your robot work with the new NFA regulations? What type of broker is recommended? ECN or Retail Broker? Or does it matter?

Hi Dave,

No it doesn’t work with ECN brokers or with the new NFA rules. It’s recommended to use any EA-friendly broker that doesn’t follow NFA rules and have fixed spreads. Like: forexmeta – gallantfx – alpari uk. Your broker is your partner, please take your time to test and choose the best.

Thanks,

Michael

Michael – will you have continuing training/support etc with your product and will you include new releases for free?

Hi Andy.

Yes, we will provide support and training. Unlike other sellers, we won’t leave you to yourselves when you order Forex Apocalypse. We’ll be there to assist you to help you make profits from it.

That’s why we’ll restrict the numbers who are able to get a copy of Forex Apocalypse, so that we can offer a high level of customer service.


Many robots break down as market conditions change. Is there updates with your system to keep pace?
Hi Steve,

Absolutely, we’re going to provide all of our customers who manage to secure their Forex Apocalypse trading robot with free future updates as and when we tweak our system to keep up with the market conditions. Forex Apocalypse Review

Thanks,

Michael

Do I have to start with $3000-5000 or $10 000, or can i start with $500… how big proffit is it then?
Hi Bert,

The system works with any invested capital, you don’t have to start with thousands of dollars to use it. You can start with $100 or $500. Of course the amount of profits would not be the same as big accounts, but profits are profits!

Thanks,

Michael

How high is the Stop Loss of Forex Apocalypse? Because the most systems where have NO LOSSES, don’t have a Stoploss or a very high Stoploss like 100 or 300 Pips where blow up the account with a single loss trade. Is this in this robot also the case?

Hi Gianni,

Good question, first of all there is no absolute ( i.e. no losses whatsoever ) system. But there are good systems with no losses for extended time periods ( for example : from year X to year Z ). Secondly, using a high stoploss is not harmful if it’s originally part of the system and not just used to get great looking results .For example, it’s very normal for scalpers to have high stop loss as for long term traders.

Forex Apocalypse is actually a long term trader, the default stop loss is 250 pips and the default take profit is 600 pips.

Best,

Michael

Question 7

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