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Combo Profit System Review — Does It Live Up To It's Hype?Submitted by Thomas Eliot Fri, 15 Aug 2008
"Are you looking for a simple forex trading system that can pull in cold hard cash constantly. . . regardless that you have no experience or knowledge in trading? Are you ready to discover a secret trading system that requires very little time to apply. . . yet guarantees huge profits?" So begins the sales page for David Chia's Combo Profit System for forex traders. Bold claims to be sure. But how do these claims stand up in the light of day?
One thing which a few of the actual users of this system agree upon is the fact that it is a simple system. The information in the multiple ebooks that come with the Combo Profit System cover the basics of forex trading for those who know nothing at all about trading the foreign exchange currency market. That said, though, the information is nothing unusual that cannot be found elsewhere less expensively. That the material is aimed specifically at beginners goes without saying. This is to say that if you are a veteran of forex trading, then you probably won't find anything unusual or exclusive in the material. No "secrets" in other words. As for the actual forex trading system itself, it is split up into three sections the first of which covers the technical charting aspects of trade analysis. In it the author explains candlestick formations, chart patterns, pivot points, and technical indicators. The second section covers money management and trading psychology. Stop losses, moving stops, and winning trader psychology are covered here. The third section details the author's combo trade system which uses a combination of moving averages, technical indicators, candlesticks, and fibonacci projection. One reviewer of this system, experienced in forex trading himself, was amazed at the complexity of information being thrown at the inexperienced trader who might pick up this program. While he was able to understand and comprehend the material, it was his opinion that a newbie might have some trouble grasping some of the rather subjective nuances of the trading analysis. Because of this, in his opinion, he wouldn't characterize the system as being "easy to understand and easy to use." Yet, to be fair, it does include membership in an online forum where members are able to ask questions and receive clarification about their specific problems and misapprehensions. The Combo Profit System comes with the following items:
To learn more about this forex trading system, you can read a further opinion at Review of the Combo Profit System. If you need help in finding the right trading system to fit your trading mentality, more information about stock market trading along with straightforward, unbiased reviews of systems can be found at the following website: http://www.stockmarketsystemreviews.net.
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