Comments on: Forex Oracle Trader (OracleTrader Review & Results)

By: Barry D

Barry D — Fri, 04 Feb 2011 06:42:41 +0000

I purchased Oracle Trader on Aug 1, 2010. I traded the first month with a demo account and made over 200 pips. i started trading live the first week in September. everything changed. I`ve only had 2 very small profitable trades since that time and several losing trades. Live trading is totally different than demo trading. About 80% of the time I receive no trades, disabled trades, or trade timed out, or some other error. I have contacted the “lack of support department” on several occasions. Their only response is to change brokers. I am now on my 5th broker with no improvement. (Gain UK, Alpari Uk, metatrader.com). I have used the services of 2 broker referral companies but that has not helped. Oracle Trader staff no longer respond to my emails.

I have not made a trade since christmas. I just can`t justify getting up in the middle of the night and waking up my wife to attempt to make a trade with so low a probability of success. The original sales pitch is very mis-leading in that they do not disclose how difficult it is to find a broker that this program works with some efficiency.

On top of all this, the monthly subscription of 299.00, (I believe) starts on Aug 1, 2011. There is no way that I will subscribe, even if the program starts working. I now understand why they will not allow refunds or allow a member forum.

Now for my sales pitch. If anyone is insistent on purchasing this program I will sell you mine for a deep discount. Unless you have deep pockets, I would not suggest you take me up on my offer. If you have deep pockets, I would appreciate the donation.

tremac@safe-mail.net

By: tim

tim — Tue, 02 Nov 2010 21:13:03 +0000

I use the FREE manual system available which means i have to stay get up at odd hours of the night to see if news triggers on the oracle or not and place my trades manually. I can’t complain so far (other than the lack of sleep) I made $28 in 6 seconds on a .05 lot just last night. Beware though, you DO need a broker that doesn’t increase spreads much during news and that allows news trading. I use Think Forex. YMMV as always. Still testing.

By: edward

edward — Wed, 29 Sep 2010 17:10:25 +0000

DON’T BUY THE ORACLE TRADER TILL YOU HAVE READ THIS
THE ORACLE TRADER FIRST OF ALL IS ONLY A HALF OF THE PRODUCT YOU NEED WHAT I MEAN BY THAT IS
IT DOES NOT AND WILL NOT FUCTION OF IT’S OWN AND THAT’S THE DIRTY LIL SECRET
THAT YOU LEARN AFTER BUYING IT IT’S ONLY 50% OF WHAT YOU ACTUALLY NEED TO MAKE IT FUNCTION
THE MOJORITY OF THE SUCCESS OF THE ORACLE TRADER DEPENDS ON THE BROKER LETTING YOU IN THESE TRADES
DURING NEWS EVENTS AND GIVING YOU A DECENT PRICE AT WHICH BROKERS ARE NOTORIUS AT RIPPING YOU OFF
DURING THESE EVENTS IT IS OUT RIGHT SCADDLEOUS THAT SPREADS INCREASE 20 OR 30 RIGHT B4 THE EVENT
SO FAST YOU DIDN’T EVEN NOTICE TILL YOUR IN AND TOO F**KIN LATE NOW CHUMP NOW YOU PAY THE REQUOTE
THE SPREAD AND SOME BROKERS PLATEFORMS FREEZE DURING NEWS EVENTS NOT EVEN LETTING YOU OUT
WHEN YOU HAVE A PROFIT ALL THESE THINGS ARE NO WHERE IN THE ADVERTIZMENT OF THE ORACLE TRADER SO DONT EVEN BUY IT TILL YOU FIGURE OUT YOUR BROKER ISSUES GET THE DEMO WITHOUT AUTOCLICK FREE THAN OPEN BROKER AND PLAY
WITH PENNIES TILL YOUR SURE OF EXUCUTION AND ANOTHER THING HOW CAN YOU TRUST ANYBODY WITH NO CUSTOMER SERVICE NONE THAT BULLSHIT OF LIVE CHAT DOESN’T CUT IT DONT SETTLE FOR NOTHING LESS THAN
PHONE NUMBER CUSTOMER SERVICE LIVE PERSON , THE ORACLE TRADER COST $2400 FOR THE YEAR AND THAN WILL COST YOU $300 A MONTH AFTER THAT $300 A MONTH DID YOU HEAR ME SO YOU BETTER BE USING SOME LOT SIZE JUST TO PAY FOR THAT THERE MAKING MONEY ON SOME SORT OF AFFILIATE PROGRAM NOT ON THE PERFORMANCE OF THE ORACLE TRADER SO I WENT WITH THE 3 PAY METHOD YOU WOULD THINK IF IT COST $2400 A YEAR $800 WHICH WAS MY FIRST PAYMENT WOULD COVER AT LEAST 3 MONTH? GUES WHAT NO! AFTER THE FIRST MONTH WHERE I RAN INTO ALL THESE ISSUES AND NEVER ENTERD 1 TRADE WITH YES 3 BROKER MIND YOU AND STILL LOOKING FOR THE HOLY GRAIL BROKER
THEY CUT ME OFF THE AUTO CLICK I CONTACTED SUPPORT YES SUBMITTED A TICKET ASKING FOR A EXSTENTION SEEING AS I DID PAY $800 AND AM BEING ABSOLUTLY INGNORED SO HERES THE MATH YES THERE’S ABOUT 30 NEWS EVENTS A MONTH THE PROFIT CENTER OF THE ORACLE TRADER IS ONLY OPEN FOR ABOUT 10 OF THOSE OF THOSE 10 ONLY A FEW MEET THE SAFE DEVIATION TRADE ON THE ORACLE TRADER OF THOSE FEW WHICH IS ABOUT 5 YOUR BROKER BETTER LET YOUR F**KIN ASS IN HA OF THOSE 5 MAYBE 2 OR 3 YOU’LL GET IN HOPE THOSE LOTS ARE BIG TO MAKE A PROFIT AND PAY FOR THIS SHIT UNLESS YOU HAVE A DYNOMITE BROKER THIS IS NOT WORTH WHILE SO IT WOULD BE MORE HONEST FOR THE ORACLE TRADER TO ALREADY HAVE A LIST OF BROKERS SINCE THIS IS WHAT THERE OWN SOFTWARE DEPENDS ON SO CRUTAILLY AND YES I HAVE SEEN THERE BROKERS THESE ARE THE ONES THAT HAVE BEEN FAILING ME THINK OR SWIM/FXCM/GAIN CAPITAL/FOREX.COM/FXDD/ SO I HAVE TRIED MULTIPAL BROKER

By: Dean Guile

Dean Guile — Mon, 09 Aug 2010 03:31:16 +0000

WOW i got a call from Ryan the owner of the software, and i won the scholarship for a whole years access to this service worth over $3,000. This is going to be good, this with Forex Samurai

By: admin

admin — Tue, 27 Jul 2010 20:37:17 +0000

You are looking at a different system. It is Oracle Trader.net and is not released yet.