In this review we reveal why you should not buy the 1000pip Climber System that is supposed to help you with your Forex trading.
What is 1000pip Climber System
1000pip Climber System is an expert advisor for Metatrader. It will provide you with trading signals for Forex markets. It will tell you when to enter trades and when to exit them.
The system allegedly would have made 20,000 pips in the last three years, which would be an extremely impressive performance.
1000pip Climber System costs 97 USD. Should you buy it, can it generate you real profits?
Stay away from 1000pip Climber System
There are a few problems with 1000pip Climber System that you should know about. We are pretty sure that this system can’t make you 20,000 pips in three years.
It is very similar to 1000pip Builder that we have already reviewed.
The thing with Forex systems like 1000pip Climber System is that when you look at their websites, you get the impression that you will be buying a profitable trading system that will make you money.
That’s is the way their presentation are built. Which is no surprise, because who would buy a trading system that can’t make you money, right?
1000pip Climber System is pretty careful with any kind of projections, but they still make it look like you would have made 20,000 pips if you used the system in the last three years. But you would not.
You have to carefully examine their website to figure out what is going on.
No proof of performance
The first thing you should notice is that the picture of the performance supposedly recorded by MyFXbook that is presented on the official 1000pip Climber System does not match what has really been recorded by MyFXbook. Which you can see when you click the link.
Not only the performance differs, but MyFXbook also clearly shows that the track record is not verified, unlike 1000pip Climber System, see our picture below.
So in reality there is no proof of performance on the website of the system. But wait, there is more.
All numbers are not real
At the bottom of the 1000pip Climber System’s website there is a disclaimer written with a very small font. But it is very worth reading.
First you will learn that the 1000pip Climber System gives no financial advice, that you should not trade solely based on the system, that you can sustain losses if you trade with the system and that the publisher takes no responsibility.
Wait, so first they try to sell you a system that generates trading signals and then they say that the signals are not meant as signals for your trading?
But it gets better, because the publisher also admits that all results and performance number of 1000pip Climber System stated on its website are just “estimates, hypothetical in nature and do not represent evidence of actual results achieved”.
Do you really need to know anything else? The website is built in a way that makes you believe that the system can make you money in Forex trading, while in reality you are served just estimates and hypothetical results that you should not rely upon.
So what are you supposed to base your judgement of 1000pip Climber System upon? Do you see the hypocrisy?
One thing we can say for sure is that 1000pip Climber System won’t make you thousands of pips per year as its website is suggesting.
How 1000pip Climber System works
We have seen hundreds of Forex trading systems and signals services sold on the internet. They all want to make you believe that for a few bucks you can buy an automated system that will make you rich in a passive way. But that is not how real trading works.
Should authors of these systems be able to generate such profits, they would do it for themselves and they would not be selling their systems for a few dollars to anybody.
They sell their systems because they know they are not profitable. They sell dreams and empty promises in the hope that not every customer asks for a refund, which will be their profits. This is how this huge business of Forex trading systems works.
1000pip Climber System review – Conclusion
1000pip Climber System won’t make you the money it suggests on its official website – numbers you see there are just estimates, not real performance of the system. You should stay away from it.
Making money in financial trading is possible but it is not easy. You can start practicing on a demo account with a regulated broker.
Don’t switch from the demo to a real account unless you have proper strategy and you fully understand the risks.
Please which forex robot do you recommend
I’m sorry but I don’t know about any consistently profitable Forex robot.
That’s because you were disappointed by one or two and made a false general conclusion.
I don’t say they aren’t any. I am saying that profitable trading robots are very expensive, they are not that common in the public domain. Any robot sold on the internet for a few tens or hundreds of dollars most certainly is not profitable in the long run.
You have to realize that the more people use the same trading strategy/robot, the more likely it is to become unprofitable. That tells you almost everything about sharing robots/strategies with the public.
Hi so how about immediate edge? Is it legit?
Immediate Edge is a scam.
I would like to hear from someone who has used the 1000pip Climber System.
I bet you have no EA optimization skills whatsoever. You cannot set and forget any robot, as market conditions are constantly changing. To be a profitable robot trader, you must do this, as well as rigorous backtesting.
6000 pips per year is still just a dream, though.