LH Forex Signals is a new forex signal service by Laszlo Hun. This one is being promoted by the Forex Megadroid team and a few other big players, so lets see what its all about. First of all the price, it’s $87 per month through the Clickbank payment processor and comes with a 60 day money back guarantee.
Results
They have one account to show that has a 190% gain over the course of about 8 months doing roughly 15% a month. Sounds good right? Hold on a second, this is just a demo account. So we have “a well known and respected trader” showing his new signal service off on a demo account? He couldn’t even throw it up on a cheap cent account? Give me a break…
Sorry, but this just seems like another system that performs ok on demo, but will need a lucky streak to make anything real. Also consider the 34% drawdown on the account, this means he is willing to hold on to trades with a huge stop loss so expect any profit you do make to be potentially at risk with any given trade.
This one is not for me…
Remember if you are going to try LH Forex Signals that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. If you are interested in more information on this forex product then check out the link or any comments below.
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I would be interested to know also if this works on a real accounts.
Yep, definitely sounds dodgy. Pro-trader doing a demo to share – certainly raises questions about why demo and not real money.